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Coal Valley, IL Home for Rent

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    $1,455 Per Month

    • 3 Beds
    • 1 Bath
    • 1,025 Sq Ft
    • Spacious 3 Bedroom Home in Desirable Coal Valley!

    128 E 3rd St, Coal Valley, IL 61240

    Address: 128 E 3rd St., Coal Valley, IL 61240Rent: $1,455/monthSecurity Deposit: $1,555Size: 1,025 sq. ft.Available: 09/30/2026*Key Features:3-Bedroom2-Bathroom1 Car-Attached GarageLarge KitchenSpacious Fenced YardEstablished Residential NeighborhoodLocated in the desirable community of Coal Valley, this home offers the perfect balance

    128 E 3rd St, Coal Valley, IL 61240

Why Live in Coal Valley

Coal Valley, IL, a suburb of the Quad Cities, offers a small-town atmosphere just 6 miles south of downtown Moline. Known for its quiet charm, the area features single-family homes and ample green space. The community is divided into two residential subdivisions: the northern section with compact yards and the southern section with larger lawns. Architectural styles include split levels, contemporary Craftsman, Colonial Revival, and ranch styles. The Moline Unified School District No. 40 serves the area, with highly rated Moline High School offering various programs to prepare students for college and careers. Local attractions include the Niabi Zoo, Indian Bluff Golf Course, Oakwood Country Club, and Valley Falls Adventure Golf. Coal Valley City Park is a popular spot with amenities such as tennis, volleyball, and basketball courts, a playground, and walking paths. Dining options include Mulligan’s Valley Pub and Coal Creek Inn, while shopping requires a short drive to Moline. The community hosts annual events like Coal Valley Days and a large yard sale, fostering a strong sense of community. While the area is largely car-dependent, it is well-connected by U.S. Route 6 and Interstate 280. Residents in the northwest may experience noise from the nearby Quad Cities International Airport.

Frequently Asked Questions

How much does it cost to rent a home in Coal Valley, IL?
The median rent for a home in Coal Valley, IL is $1,455 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.
How much do you need to make to afford rent in Coal Valley, IL?
To comfortably afford the median rent in Coal Valley, IL, a household needs to earn roughly $58,200 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 $1,455 per month in Coal Valley, IL, renters typically need to show $4,365 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 Valley, IL?
In Coal Valley, IL, the price-to-rent ratio is 12.1, 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 Valley, IL are best for renting a home?
The best neighborhood for renting in Coal Valley, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Park Hill, Downtown Moline, Central Davenport, North Side and Northwest Davenport, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,455
Median Single Family Home Rent
$1,455
How to Rent a Home