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Newest Home for Rent in Cottage Hills, IL

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    $1,100 Per Month

    • 2 Beds
    • 1 Bath
    • 1,058 Sq Ft
    • House for Rent

    66 Franklin Ave, East Alton, IL 62018

    Property Id: 2564618Why keep renting when you could own?This home offers:• Affordable monthly payment• Move in right away• No traditional bank financing required• A chance to build ownership instead of paying rentPerfect for someone ready to take the next step toward owning a home but who may not qualify for a traditional mortgage.Opportunities like

    (810) 815-9515

    66 Franklin Ave, East Alton, IL 62018

Frequently Asked Questions

How much does it cost to rent a home in Cottage Hills, IL?
The median rent for a home in Cottage Hills, IL is $1,100 per month, though prices vary by neighborhood, size, and property type. As of May 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Cottage Hills, IL?
To comfortably afford the median rent in Cottage Hills, IL, a household needs to earn roughly $44,000 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 $1,100 per month in Cottage Hills, IL, renters typically need to show $3,300 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 Cottage Hills, IL?
In Cottage Hills, IL, the price-to-rent ratio is 10.2, 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.

Rental Home Trends in Cottage Hills, IL

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,100
Median Single Family Home Rent
$1,100
How to Rent a Home