5

Danville, IL Condos for Rent

Section Image
  • /20

    $5,581

    Total Monthly Price

    • 5 Beds
    • 5 Baths
    • 4,789 Sq Ft
    • Condo for Rent

    420 N Gilbert St Unit SI ID1591563P, Danville, IL 61832

    The advertised rate of $5,582/month is the lowest available price, based on a 1 month(s) stay with a move-in date of September 10, 2026. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can

    420 N Gilbert St Unit SI ID1591563P, Danville, IL 61832
  • /23

    $880 Per Month

    • 1 Bed
    • 1 Bath
    • 576 Sq Ft
    • 419 Brunswick-

    419 Brunswick Ln, Danville, IL 61832

    419 Brunswick Ln, Danville, IL 61832
  • /23

    $880 Per Month

    • 1 Bed
    • 1 Bath
    • 576 Sq Ft
    • 385 Brunswick-

    385 Brunswick Ln, Danville, IL 61832

    385 Brunswick Ln, Danville, IL 61832
  • /23

    $880 Per Month

    • 1 Bed
    • 1 Bath
    • 576 Sq Ft
    • 3228 Brunswick-

    3228 Brunswick St, Danville, IL 61832

    3228 Brunswick St, Danville, IL 61832
  • /2

    $895 Per Month

    • 2 Beds
    • 1 Bath
    • 600 Sq Ft
    • Condo for Rent

    2703 Jackson St Unit 2, Danville, IL 61832

    4 unit multi-family building

    2703 Jackson St Unit 2, Danville, IL 61832

Frequently Asked Questions

How much does it cost to rent a condo in Danville, IL?
The median rent for a condo in Danville, IL is $880 per month, though prices vary by neighborhood, size, and property type. As of September 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Danville, IL?
To comfortably afford the median rent in Danville, IL, a household needs to earn roughly $31,880 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 $797 per month in Danville, IL, renters typically need to show $2,391 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 Danville, IL?
In Danville, IL, the price-to-rent ratio is 13.1, 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.

Rental Home Trends

Number of Condos for Rent
5
Median Condo Rent
$880
Median 1 Bedroom Condo Rent
$880
Median 2 Bedroom Condo Rent
$895
How to Rent a Home