2

Monticello, IL Houses for Rent

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  • 114 N Chase St, Monticello, IL 61856
    114 N Chase St, Monticello, IL 61856
    114 N Chase St, Monticello, IL 61856
    /19

    $1,850 Per Month

    • 3 Beds
    • 1.5 Baths
    • 1,231 Sq Ft
    • House for Rent

    114 N Chase St, Monticello, IL 61856

    Welcome to this beautifully renovated 3-bedroom, 2-bath home in Monticello, where timeless charm meets modern comfort. Thoughtfully refreshed throughout, this residence features fresh paint, new flooring, updated lighting, new gutters, new blinds, and beautifully remodeled bathrooms, creating a sophisticated and move-in-ready living experience.From the moment you step inside, the home

    114 N Chase St, Monticello, IL 61856
  • 713 S Longview Rd, Monticello, IL 61856
    713 S Longview Rd, Monticello, IL 61856
    713 S Longview Rd, Monticello, IL 61856
    /3

    $1,950 Per Month

    • 3 Beds
    • 2 Baths
    • 2,010 Sq Ft
    • House for Rent

    713 S Longview Rd, Monticello, IL 61856

    3 Bedrooms | 2 Bathrooms | 2,010 Sq. FtSpacious Monticello Home with an Incredible Living Room, Oversized Garage & Bright Sunroom!Looking for space? This beautifully maintained 2,010 sq. ft. home offers room for everyone with 3 bedrooms, 2 full bathrooms, multiple living areas, and features you simply don't find every day.The open kitchen features stainless steel

    713 S Longview Rd, Monticello, IL 61856
Illinois Piatt County

Houses for Rent in Monticello, IL

Frequently Asked Questions

How much does it cost to rent a single-family home in Monticello, IL?
The median rent for a single-family home in Monticello, IL is $1,900 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Monticello, IL?
To comfortably afford the median rent in Monticello, IL, a household needs to earn roughly $76,000 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 $1,900 per month in Monticello, IL, renters typically need to show $5,700 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 Monticello, IL?
In Monticello, IL, the price-to-rent ratio is 11.2, 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 Monticello, IL are best for renting a single-family home?
The best neighborhood for renting in Monticello, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a single-family home include Boulder Ridge, Clark, West Haven, King Park and West Urbana, each with its own character and price range.

Rental Home Trends in Monticello, IL

There are currently 2 single-family homes available for rent in Monticello, IL. The median rent is $1,900 per month, with 3-bedroom houses renting at $1,900.

Rental Home Trends

Number of Houses for Rent
2
Median Single Family Home Rent
$1,900
Median 3 Bedroom Single Family Home Rent
$1,900
How to Rent a Home

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