4

Hoopeston, IL Homes for Rent

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  • /10

    $650 Per Month

    • 2 Beds
    • 1 Bath
    • 750 Sq Ft
    • 422 E Seminary-24

    422 E Seminary Ave Unit 24, Hoopeston, IL 60942

    Newly Updated 2 Bedroom Apartment – Honeywell ApartmentsBe among the first to enjoy this freshly updated 2-bedroom, 1-bathroom apartment featuring beautiful hardwood floors throughout. Zindars Property Management is proud to now manage the Honeywell Apartments, bringing improved service and care to the community.Unit Details:Rent: $675/monthFlat Utility Fee (Gas Heat):

    422 E Seminary Ave Unit 24, Hoopeston, IL 60942
  • /16

    $995 Per Month

    • 3 Beds
    • 1 Bath
    • 1,150 Sq Ft
    • 412 Second-S

    412 S 2nd Ave, Hoopeston, IL 60942

    ?? 3-Bedroom Home for Rent – 412 S. Second Street, Hoopeston, ILLocated at 412 S. Second Street, this 3-bedroom, 1-bath home offers comfortable living space with practical features and everyday convenience.Property Highlights3 bedrooms / 1 bathroomPlank flooringLarge roomsCentral AirDetached garagePractical floor plan with open living areasApprox.

    412 S 2nd Ave, Hoopeston, IL 60942
  • /15

    $950 Per Month

    • 3 Beds
    • 1 Bath
    • 1,150 Sq Ft
    • 638 McNeil-E

    638 E Mcneil Ave, Hoopeston, IL 60942

    ?? 3-Bedroom Home for Rent – 638 E. McNeil Street, Hoopeston, ILLocated at 638 E. McNeil Street, this 3-bedroom, 1-bath home offers comfortable living space with practical features and everyday convenience.Property Highlights3 bedrooms / 1 bathroomPlank flooring throughoutLarge roomsDetached garagePractical floor plan with open living areasApprox. 1,150

    638 E Mcneil Ave, Hoopeston, IL 60942
  • /15

    $825 Per Month

    • 2 Beds
    • 2 Baths
    • 1,112 Sq Ft
    • 712 Elm-W

    712 W Elm St, Hoopeston, IL 60942

    ?? 2-Bedroom Townhouse for Rent – Hoopeston, ILLocated in Hoopeston, this 2-bedroom, 2-bath townhouse offers comfortable living space with practical features and everyday convenience.Property Highlights2 bedrooms / 2 bathroomsSpacious roomsCentral air conditioningIn-unit laundry hookupsAttached garageIdeal setup for flexible living

    712 W Elm St, Hoopeston, IL 60942

Why Live in Hoopeston

Hoopeston, Illinois, embodies the essence of small-town living with its vast farmlands and local businesses. Agriculture and manufacturing are central to the local economy, with companies like Teasdale Latin Foods and Silgan Containers playing significant roles. The city is known for its 20th-century single-family homes, including bungalows, ranch-style houses, and American Foursquares, often set on grassy, tree-shaded lots. McFerren Park is a key community space, offering tennis courts, baseball fields, a skate park, and a swimming pool, making it a hub for recreation and local gatherings. The city also features other parks with playgrounds and green spaces. Downtown Hoopeston, centered around Market and Main streets, includes local businesses like 112 Wine and Coffee Shoppe, Boxcar Books and Vinyl, and the historic Lorraine Theatre. The city hosts annual events such as the Sweetcorn Festival, which celebrates its agricultural heritage with activities like a demolition derby and live music. State routes 1 and 9 connect Hoopeston to nearby cities like Danville and Champaign, while the University of Illinois Willard Airport is 60 miles away. The city’s renewable energy sector is highlighted by the Hoopeston Wind Farm, contributing to the local economy alongside traditional industries. Residents benefit from the Carle Hoopeston Regional Health Center for healthcare needs. The community's reliance on cars is complemented by the allowance of golf carts within city limits, reflecting its unique small-town charm.

Frequently Asked Questions

How much does it cost to rent a home in Hoopeston, IL?
The median rent for a home in Hoopeston, IL is $825 per month, though prices vary by neighborhood, size, and property type. As of August 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 Hoopeston, IL?
To comfortably afford the median rent in Hoopeston, IL, a household needs to earn roughly $33,000 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 $825 per month in Hoopeston, IL, renters typically need to show $2,475 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 Hoopeston, IL?
In Hoopeston, IL, the price-to-rent ratio is 8.1, 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 Homes for Rent
4
Median Rent
$825
Median Single Family Home Rent
$910
Median Condo Rent
$650
How to Rent a Home