3

Galena, IL Condos for Rent

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  • /21

    $1,595

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 600 Sq Ft
    • Condo for Rent

    603 S Bench St Unit 1, Galena, IL 61036

    Beautiful and beautifully furnished apartment in small, quiet building located in the heart of Galena's Historic district. All utilities furnished including high speed WiFi. Compact, fully equipped kitchen, nice bath, free laundry in building, clean sheets and towels provided weekly. Outdoor spaces with table and chairs, charcoal grill and fountain. Next door to the Galena Library, walking

    603 S Bench St Unit 1, Galena, IL 61036
  • /4

    $920

    Total Monthly Price

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

    612 Elk St Unit 5, Galena, IL 61036

    Residential neighborhood 4 blocks from downtown. Outdoor balcony. Off street parking, Fiber Optic Internet available. Good references and background check required. Private apartment community. Shown by appointment only. Available July 1st. Call today to see.

    612 Elk St Unit 5, Galena, IL 61036
  • /15

    $1,000 Per Month

    • 3 Beds
    • 2 Baths
    • 1,170 Sq Ft
    • Condo for Rent

    714 Columbus St Unit 714 N Columbus Street - Unit B, Galena, KS 66739

    714 Columbus St Unit 714 N Columbus Street - Unit B, Galena, KS 66739

Frequently Asked Questions

How much does it cost to rent a condo in Galena, IL?
The median rent for a condo in Galena, IL is $1,258 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Galena, IL?
To comfortably afford the median rent in Galena, IL, a household needs to earn roughly $63,800 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 $1,595 per month in Galena, IL, renters typically need to show $4,785 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 Galena, IL?
In Galena, IL, the price-to-rent ratio is 14.7, 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.

Condo Rental Trends in Galena, IL

Rental Home Trends

Number of Condos for Rent
3
Median Condo Rent
$1,258
Median 1 Bedroom Condo Rent
$1,595
Median 2 Bedroom Condo Rent
$920
How to Rent a Home