1

Paw Paw, IL Home for Rent

Section Image
  • /15

    $1,650 Per Month

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • House for Rent

    211 Wyoming Ave, Paw Paw, IL 61353

    Charming 2 bedroom, 1 bath ranch home on corner lot. Features hardwood floors, 1 car attached garage, large laundry room with washer/dryer hookups, new furnace and central air installed in 2025. Gas, electric, water and garbage is tenants responsibility. Lawncare and snow removal is tenants responsibility. Pets allowed at P.M's discretion with additional rent and deposit.

    211 Wyoming Ave, Paw Paw, IL 61353

Why Live in Paw Paw

Paw Paw, Illinois, is a small village with a population of around 1,000, offering a slower-paced lifestyle with a strong sense of community. Residents often gather at the Paw Paw Public Library District for events or enjoy a meal at the Beaver Den Tavern & Grill. The village is characterized by its farmhouses and ranch homes on spacious lots, some accommodating livestock. With low crime rates compared to the national average, Paw Paw provides a safer living environment. The village hosts community events like the Paw Paw Labor Day Celebration and the Christmas Walk, fostering a close-knit atmosphere. For outdoor activities, Lions Park offers a playground and baseball diamond, while Shabbona Lake State Park, located 10 miles away, provides hiking trails and camping opportunities. Although Paw Paw has limited amenities, residents can travel to Rockford for shopping or to Chicago for a city experience. The local schools include Paw Paw Elementary, but high school students attend Indian Creek High in Shabbona due to the closure of the local high school. Despite occasional severe weather, the village maintains a reliable tornado warning system. With its quiet streets and opportunities to connect with neighbors, Paw Paw appeals to those seeking a peaceful rural lifestyle.

Frequently Asked Questions

How much does it cost to rent a home in Paw Paw, IL?
The median rent for a home in Paw Paw, IL is $1,650 per month, though prices vary by neighborhood, size, and property type. As of June 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Paw Paw, IL?
To comfortably afford the median rent in Paw Paw, IL, a household needs to earn roughly $66,000 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 $1,650 per month in Paw Paw, IL, renters typically need to show $4,950 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 Paw Paw, IL?
In Paw Paw, IL, the price-to-rent ratio is 9.4, 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 Paw Paw, IL

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,650
Median Single Family Home Rent
$2,275
How to Rent a Home