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Newest Homes for Rent in Cortland, IL

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  • /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

    230 Mcmillan Ct, Cortland, IL 60112
  • /26

    $1,950 Per Month

    • 3 Beds
    • 2 Baths
    • 1,335 Sq Ft
    • House for Rent

    412 N Grainger Ln, Cortland, IL 60112

    Now Available for Rent – 412 N Grainger Ln, Cortland, ILThis beautifully maintained 3-bedroom, 2-bath single-family home is located in a peaceful and friendly neighborhood—perfect for comfortable everyday living.Features include:Open-concept living and dining areaSpacious kitchen with appliances includedPrimary bedroom with walk-in closet and private full bathIn-unit laundry2-car attached

    412 N Grainger Ln, Cortland, IL 60112
  • /2

    $1,550 Per Month

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • Apartment for Rent

    555 N Strack St Unit 104, Cortland, IL 60112

    Cute unit built in 2006. 2 beds/1 bath. AVAILABLE starting 6/15. In unit laundry. Central air and heat. Sycamore Schools and easy access to I-88.

    Lori Mikosz Anmar Realty Group, LLC

    555 N Strack St Unit 104, 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 $1,750 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 Cortland, IL?
To comfortably afford the median rent in Cortland, IL, a household needs to earn roughly $70,000 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 $1,750 per month in Cortland, IL, renters typically need to show $5,250 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 13.0, 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 Far West Elgin, Southwest Saint Charles, Bristol-Kendall County and Northwest Central Geneva, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$1,750
Median Single Family Home Rent
$1,975
Median Townhouse Rent
$1,625
Median Condo Rent
$1,550
How to Rent a Home