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Newest Homes for Rent in Manhattan, IL

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  • 235 Woodrow Ave Unit 1C, Manhattan, IL 60442
    235 Woodrow Ave Unit 1C, Manhattan, IL 60442
    /2

    $1,525 Per Month

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • Apartment for Rent

    235 Woodrow Ave Unit 1C, Manhattan, IL 60442

    Large ground floor two Bedroom unit that has a private entrance, patio and fireplace. Garage space available for $125.per month.

    David Mroch Platinum Partners Realtors

    235 Woodrow Ave Unit 1C, Manhattan, IL 60442
  • 120 E North St Unit B1, Manhattan, IL 60442
    120 E North St Unit B1, Manhattan, IL 60442
    120 E North St Unit B1, Manhattan, IL 60442
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    $1,395

    Total Monthly Price

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

    120 E North St Unit B1, Manhattan, IL 60442

    Open House: 5/30 @ 11:30 am120 E North B1 is the perfect blend of comfort and convenience in this spacious 2-bedroom apartment located in the heart of downtown Manhattan. Just steps away from shopping,dining, and entertainment this residence offers the perfect location. The unit features two generously sized bedrooms, a large living room filled with natural light from

    120 E North St Unit B1, Manhattan, IL 60442
  • 25273 Faraday Rd Unit 1, Manhattan, IL 60442
    25273 Faraday Rd Unit 1, Manhattan, IL 60442
    25273 Faraday Rd Unit 1, Manhattan, IL 60442
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    $2,250 Per Month

    • 2 Beds
    • 1.5 Baths
    • 1,274 Sq Ft
    • Townhouse for Rent

    25273 Faraday Rd Unit 1, Manhattan, IL 60442

    Tucked into a quiet cul-de-sac in the highly sought after Leighlinbridge subdivision, this well-cared-for 2-story townhome offers privacy, comfort, and scenic surroundings with no rear neighbors and a peaceful wooded backdrop. Inside, you're welcomed by a light-filled, open floor plan designed for both everyday living and entertaining. The spacious living room flows effortlessly into the kitchen,

    Danielle Moy @properties Christie's International Real Estate

    25273 Faraday Rd Unit 1, Manhattan, IL 60442
Illinois Will County Manhattan

Newest Homes for Rent in Manhattan, IL

Frequently Asked Questions

How much does it cost to rent a home in Manhattan, IL?
The median rent for a home in Manhattan, IL is $1,887 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Manhattan, IL?
To comfortably afford the median rent in Manhattan, IL, a household needs to earn roughly $75,480 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 $1,887 per month in Manhattan, IL, renters typically need to show $5,661 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 Manhattan, IL?
In Manhattan, IL, the price-to-rent ratio is 18.7, 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.
What neighborhoods in Manhattan, IL are best for renting a home?
The best neighborhood for renting in Manhattan, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Northeast Joliet, Reedwood, Saint John's, Cathedral Area and South Lockport, each with its own character and price range.

Rental Home Trends in Manhattan, IL

There are currently 3 homes available for rent in Manhattan, IL. The median rent is $1,887 per month, with single-family homes renting at $2,300, townhouses at $2,700 and condos at $1,500.

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$1,887
Median Single Family Home Rent
$2,300
Median Townhouse Rent
$2,700
Median Condo Rent
$1,500
How to Rent a Home

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