4

Hoopeston, IL Homes for Rent

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  • /10

    $600 Per Month

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

    418 E Seminary Ave Unit 32, 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: $600/monthFlat Utility Fee (Gas Heat,

    418 E Seminary Ave Unit 32, Hoopeston, IL 60942
  • /11

    $600 Per Month

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

    417 E Honeywell Ave Unit 312, Hoopeston, IL 60942

    September Special: Get 1/2 off your 2nd month’s rent with approved application and signed 12-month lease. Restrictions may apply.Looking for an affordable apartment that’s been updated and is ready for you to call home? This freshly renovated 2-bedroom, 1-bathroom apartment at Honeywell Apartments in Hoopeston features beautiful hardwood floors, comfortable living space, private storage,

    417 E Honeywell Ave Unit 312, Hoopeston, IL 60942
  • /6

    $600 Per Month

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

    418 E Seminary Ave Unit 31, Hoopeston, IL 60942

    Be 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: $900/monthFlat Utility Fee (Gas Heat, sewer, water and trash): $125/monthTenant Pays:

    418 E Seminary Ave Unit 31, Hoopeston, IL 60942
  • /10

    $600 Per Month

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

    422 E Seminary Ave Unit 24, Hoopeston, IL 60942

    Looking for an affordable, updated apartment without the hassle of paying multiple utility bills? This freshly remodeled 2-bedroom, 1-bathroom apartment at Honeywell Apartments features beautiful hardwood floors, private storage, on-site laundry, and several major utilities included in one low monthly cost.Rent is only $600/month + a $125 flat utility fee covering gas heat, water, sewer,

    422 E Seminary Ave Unit 24, 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 $600 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option.
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 $24,000 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 $600 per month in Hoopeston, IL, renters typically need to show $1,800 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 11.1, 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
$600
Median Condo Rent
$600
How to Rent a Home