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Newest Home for Rent in Manteno, IL

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    $945 Per Month

    • 1 Bed
    • 1 Bath
    • 572 Sq Ft
    • 61-63 S Main St

    61-63-63 S Main St Unit 4 (63 1/2), Manteno, IL 60950

    Spacious one-bedroom apartment available for rent in Manteno, IL. Enjoy a comfortable living area, kitchen equipped with gas stove/oven and refrigerator, and a cozy bedroom. The apartment is pet friendly (with restrictions and prior approval). Tenants are responsible for the gas and electric utilities. Conveniently located near local shops, dining, parks, and easy access to I-57, this apartment

    61-63-63 S Main St Unit 4 (63 1/2), Manteno, IL 60950

Frequently Asked Questions

How much does it cost to rent a home in Manteno, IL?
The median rent for a home in Manteno, IL is $945 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 Manteno, IL?
To comfortably afford the median rent in Manteno, IL, a household needs to earn roughly $37,800 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 $945 per month in Manteno, IL, renters typically need to show $2,835 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 Manteno, IL?
In Manteno, IL, the price-to-rent ratio is 28.0, 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
1
Median Rent
$945
Median Single Family Home Rent
$2,000
Median Condo Rent
$1,075
How to Rent a Home