$2,600 Per Month
- 3 Beds
- 2 Baths
- 2,459 Sq Ft
- House for Rent
13427 N Dover Ln, Chillicothe, IL 61523
Brady Miller Jim Maloof Realty, Inc.
Frequently Asked Questions
How much does it cost to rent a single-family home in Chillicothe, IL?
The median rent for a single-family home in Chillicothe, IL is $888 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Chillicothe, IL?
To comfortably afford the median rent in Chillicothe, IL, a household needs to earn roughly $35,880 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $897 per month in Chillicothe, IL, renters typically need to show $2,691 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Chillicothe, IL?
In Chillicothe, IL, the price-to-rent ratio is 15.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Chillicothe, IL are best for renting a single-family home?
The best neighborhood for renting in Chillicothe, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a single-family home include North Peoria, West Bluff and Downtown Peoria, each with its own character and price range.
