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Newest Homes for Rent in Mattoon, IL

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  • 616 S 6th St, Mattoon, IL 61938
    616 S 6th St, Mattoon, IL 61938
    616 S 6th St, Mattoon, IL 61938
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    Starting at $699 Per Month

    • Studio - 2 Beds

    616 S 6th St, Mattoon, IL 61938

    Hort Properties is pleased to offer convenient living at 616 S 6th St/520 Marion Avenue Apartments in Mattoon, IL, where comfort meets location. These well-maintained apartments offer a great balance of affordability and accessibility, making them an excellent choice for renters looking to be close to everything Mattoon has to offer. They offer carpeted and vinyl flooring with private

    (833) 404-4402

    616 S 6th St, Mattoon, IL 61938
  • 3101 Walnut Ave, Mattoon, IL 61938
    3101 Walnut Ave, Mattoon, IL 61938
    3101 Walnut Ave, Mattoon, IL 61938
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    $1,349 Per Month

    • 3 Beds
    • 1.5 Baths
    • House for Rent

    3101 Walnut Ave, Mattoon, IL 61938

    3101 Walnut Ave. - Three bedroom, one and a half bath house located in Mattoon IL. We offer online payment options and 24-7 emergency on call maintenance. Our units are 100% smoke free. We have a variety of housing options in Charleston and Mattoon. Visit our website at to apply online for free and schedule a showing today. Rent is based on a 2 year price. We offer 6 month, 1 year, and 2 year

    3101 Walnut Ave, Mattoon, IL 61938
  • 2001 Laker Dr, Mattoon, IL 61938
    2001 Laker Dr, Mattoon, IL 61938
    2001 Laker Dr, Mattoon, IL 61938
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    Starting at $535 Per Month

    • 1 - 3 Beds

    2001 Laker Dr, Mattoon, IL 61938

    Welcome to Lake Land Living Apartments, which is second to none, and is the ONLY rental community located next door to the college!Our student apartment rentals offer a cozy, convenient, and welcoming place to call home during your college journey. With fully furnished apartments, modern amenities, and a vibrant community, you’ll have everything you need to focus on your studies and make

    Lake Land Living

    (217) 559-8485

    2001 Laker Dr, Mattoon, IL 61938
  • 90 Prairie Ave, Mattoon, IL 61938
    90 Prairie Ave, Mattoon, IL 61938
    90 Prairie Ave, Mattoon, IL 61938
    /17

    Call for Price

    • 1 - 2 Beds

    90 Prairie Ave, Mattoon, IL 61938

    Welcome to Mattoon Tower Apartments! All of our apartments have resident controlled heating and air conditioning, full-sized kitchen appliances, and wall-to-wall carpeting. The building offers security entry doors with a key access system and an intercom entry system. Mattoon Tower is a privately owned housing development for low income persons, under the Section 8 program. Rent is based on

    Mattoon Towers 62+ and handicapped

    (217) 717-4842

    90 Prairie Ave, Mattoon, IL 61938
Illinois Coles County Mattoon

Newest Homes for Rent in Mattoon, IL

Frequently Asked Questions

How much does it cost to rent a home in Mattoon, IL?
The median rent for a home in Mattoon, IL is $1,349 per month, though prices vary by neighborhood, size, and property type. As of May 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Mattoon, IL?
To comfortably afford the median rent in Mattoon, IL, a household needs to earn roughly $53,960 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 $1,349 per month in Mattoon, IL, renters typically need to show $4,047 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 Mattoon, IL?
In Mattoon, IL, the price-to-rent ratio is 7.9, 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 in Mattoon, IL

There are currently 4 homes available for rent in Mattoon, IL. The median rent is $1,349 per month, with single-family homes renting at $1,349 and condos at $1,350.

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$1,349
Median Single Family Home Rent
$1,349
Median Condo Rent
$1,350
How to Rent a Home

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