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Newest Homes for Rent in Coal City, IL

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  • /7

    $1,250 Per Month

    • 2 Beds
    • 1 Bath
    • 650 Sq Ft
    • Apartment for Rent

    345 N Shabbona St Unit 2W, Coal City, IL 60416

    Looking for a cozy place to call home? Just remodeled ! Check out this charming 2-bedroom, 1-bath apartment with immediate availability! Located just minutes from I-55 and downtown, this unit offers convenience and comfort. *Rental Requirements:No smoking, No pets, No criminal record, No evictions ,Must be 18 or older, Submit credit report, All potential tenants 18+ must fill out an

    Donna Nelson Goggin Real Estate LLC

    345 N Shabbona St Unit 2W, Coal City, IL 60416
  • /26

    $2,500 Per Month

    • 4 Beds
    • 3 Baths
    • House for Rent

    170 E Church St, Coal City, IL 60416

    You Must look at this rehabbed 4 bedroom 3 full bath beauty with Huge 2 1/2 car garage - Home sits on large lot conveniently situated with superb location just steps to: school, library and downtown Coal City .... Primary bedroom on main level with private bathroom has access to deck overlooking yard - 3 bedrooms total on main level .... Kitchen should be in a magazine & is HUGE boasts loads of

    Fred Hoff Hoff, Realtors

    170 E Church St, Coal City, IL 60416

Frequently Asked Questions

How much does it cost to rent a home in Coal City, IL?
The median rent for a home in Coal City, IL is $1,250 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Coal City, IL?
To comfortably afford the median rent in Coal City, IL, a household needs to earn roughly $50,000 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 $1,250 per month in Coal City, IL, renters typically need to show $3,750 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 Coal City, IL?
In Coal City, IL, the price-to-rent ratio is 18.9, 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 Coal City, IL are best for renting a home?
The best neighborhood for renting in Coal City, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include North Minooka, Southwest Joliet, Reedwood, Fall Creek and Cathedral Area, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$1,250
Median Single Family Home Rent
$2,125
Median Townhouse Rent
$2,100
Median Condo Rent
$1,200
How to Rent a Home