11

Newest Homes for Rent in Cortland, IL

Section Image
  • /18

    Starting at $1,425 Per Month

    • 2 - 3 Beds

    230 Mcmillan Ct, Cortland, IL 60112

    Welcome To Cortland Estates Apartments! Cortland Estates offers 2 and 3 bedroom apartments at a reasonable price. Here at Cortland Estates, we don't just rent apartments. From the moment you walk through the front door you'll feel the comfort and security that makes our residents happy to call us home. Cutting edge amenities, meticulously-groomed grounds, and a dedicated staff contributes to a

    Cortland Estates

    (815) 991-4922

    230 Mcmillan Ct, Cortland, IL 60112
  • /18

    $2,200 Per Month

    • 3 Beds
    • 1 Bath
    • 1,092 Sq Ft
    • House for Rent

    104 N Spruce St, Cortland, IL 60112

    3 bedroom, 1 bath single-family home for rent with a 2-car garage, in move-in ready condition. This charming home features hardwood floors, a cozy fireplace, and a large unfinished basement perfect for storage. The home also features a patio, a nice-sized side yard, and sits on a spacious corner lot with a long driveway offering plenty of parking space. Don't miss this great rental opportunity!

    Mayra Perez Whyrent Real Estate Company

    104 N Spruce St, Cortland, IL 60112

Frequently Asked Questions

How much does it cost to rent a home in Cortland, IL?
The median rent for a home in Cortland, IL is $2,200 per month, though prices vary by neighborhood, size, and property type. As of May 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 Cortland, IL?
To comfortably afford the median rent in Cortland, IL, a household needs to earn roughly $88,000 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 $2,200 per month in Cortland, IL, renters typically need to show $6,600 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 Cortland, IL?
In Cortland, IL, the price-to-rent ratio is 10.3, 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 Cortland, IL are best for renting a home?
The best neighborhood for renting in Cortland, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Northwest Central Geneva and Southwest Saint Charles, each with its own character and price range.

Rental Home Trends in Cortland, IL

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$2,200
Median Single Family Home Rent
$2,050
Median Townhouse Rent
$1,625
Median Condo Rent
$1,550
How to Rent a Home