2

Oregon, IL Condos for Rent

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  • /4

    $850 Per Month

    • 2 Beds
    • 1 Bath
    • 2 bedroom $850/Month

    617 Daysville Rd Unit 3, Oregon, IL 61061

    2 Bedroom, 1 Bath apartment in the country. Central Air and heating. Gas/Electric tenant responsibility. Lawn care and plowing included. No laundry available. No Pets. $850/month rent and $500 deposit.

    617 Daysville Rd Unit 3, Oregon, IL 61061
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    $825 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    126 N 3rd St Unit 7, Oregon, IL 61061

    This lower 1?bedroom apartment is located in the quiet, quaint town of Oregon, just one block from downtown and close to the Rock River. The unit offers true main?level living with no stairs required for entry, along with a convenient storage area. The building is exceptionally clean, and the apartment has been well maintained throughout.The kitchen includes a refrigerator, stove, and

    126 N 3rd St Unit 7, Oregon, IL 61061

Frequently Asked Questions

How much does it cost to rent a condo in Oregon, IL?
The median rent for a condo in Oregon, IL is $838 per month, though prices vary by neighborhood, size, and property type. As of June 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 Oregon, IL?
To comfortably afford the median rent in Oregon, IL, a household needs to earn roughly $34,000 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 $850 per month in Oregon, IL, renters typically need to show $2,550 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 Oregon, IL?
In Oregon, IL, the price-to-rent ratio is 20.0, 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 Condos for Rent
2
Median Condo Rent
$838
Median 1 Bedroom Condo Rent
$825
Median 2 Bedroom Condo Rent
$850
How to Rent a Home