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Newest Homes for Rent in Mattoon, IL

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  • 3121 Hayes Ave, Mattoon, IL 61938
    3121 Hayes Ave, Mattoon, IL 61938
    3121 Hayes Ave, Mattoon, IL 61938
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    $19,200 Per Month

    • 3 Beds
    • 2 Baths
    • 1,418 Sq Ft
    • House for Rent

    3121 Hayes Ave, Mattoon, IL 61938

    Beautiful 3 bedroom, 2 bath ranch on Mattoon's west side for rent. Located in a quiet neighborhood with a large fenced back yard that features a concrete patio and gazebo. Recently updated kitchen features an open concept with center island, breakfast bar and stainless appliances. Other features include, hardwood floors in all three bedrooms, updated baths and laminate floors in living room,

    Terri Bailey Coldwell Banker Classic Real Estate

    3121 Hayes Ave, Mattoon, IL 61938
  • 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

    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

    616 S 6th St, 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

    2001 Laker Dr, Mattoon, IL 61938
  • 2504 Buxton Dr, Mattoon, IL 61938
    2504 Buxton Dr, Mattoon, IL 61938
    2504 Buxton Dr, Mattoon, IL 61938
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    Starting at $559 Per Month

    • 1 - 3 Beds

    2504 Buxton Dr, Mattoon, IL 61938

    When you call Coles Crossing Apartments home, you’ll find yourself surrounded in a park-like setting nestled in a quiet community. Our spacious units include one, two and three bedroom apartment floor plans along with a variety of great amenities. Our professional on-site management and 24-hour maintenance team will assist you in meeting all of your needs.

    Coles Crossing Apartments

    2504 Buxton 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

    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 $10,275 per month, though prices vary by neighborhood, size, and property type. As of July 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 Mattoon, IL?
To comfortably afford the median rent in Mattoon, IL, a household needs to earn roughly $411,000 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 $10,275 per month in Mattoon, IL, renters typically need to show $30,825 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 1.1, 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 Trends in Mattoon, IL

There are currently 5 homes available for rent in Mattoon, IL. The median rent is $10,275 per month, with single-family homes renting at $19,200 and condos at $1,350.

Rental Home Trends

Number of Homes for Rent
5
Median Rent
$10,275
Median Single Family Home Rent
$19,200
Median Condo Rent
$1,350
How to Rent a Home

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