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Newest Homes for Rent in Pontiac, IL

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    Starting at $795 Per Month

    • 1 - 2 Beds

    905 N Deerfield Rd, Pontiac, IL 61764

    Phoenix Apartments is located on Illinois Route 116 in historic Pontiac, IL, just off Interstate 55. Pontiac, a town of just under 12,000, was once a major stopover along Route 66 and still contains many monuments and structures memorializing “the Mother Road.” The town’s location alongside I-55 means that Pontiac has retained its importance as a modern travel hub while still retaining the

    Phoenix Apartments of Pontiac

    (779) 201-6757

    905 N Deerfield Rd, Pontiac, IL 61764
  • /20

    $895

    Total Monthly Price

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

    805 N Illini Ave Unit D, Pontiac, IL 61764

    FULLY RENOVATED UNIT. SPACIOUS 2 BEDROOM HAS NEW FLOORS, KITCHEN, BATHROOM, AND PAINT. TONS OF STORAGE SPACE AND OFF-STREET PARKING. NEAR PARKS AND SCHOOLS. NO PETS ALLOWED. CALL TODAY!

    805 N Illini Ave Unit D, Pontiac, IL 61764
  • /13

    Starting at $990 Per Month

    • 1 - 2 Beds

    1011 W Washington St, Pontiac, IL 61764

    Pontiac Towers Apartments is both a home and a community. It offers gracious one-bedroom apartment homes for senior adults, age 62 and older, and/or handicapped persons. Many of our residents move here for the convenience of our location, and our beautifully landscaped courtyard. Yet, before long they appreciate what is even more special about Pontiac Towers – the active, vital people who create

    Pontiac Towers

    (815) 743-2328

    1011 W Washington St, Pontiac, IL 61764

Frequently Asked Questions

How much does it cost to rent a home in Pontiac, IL?
The median rent for a home in Pontiac, IL is $822 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Pontiac, IL?
To comfortably afford the median rent in Pontiac, IL, a household needs to earn roughly $32,880 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 $822 per month in Pontiac, IL, renters typically need to show $2,466 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 Pontiac, IL?
In Pontiac, IL, the price-to-rent ratio is 14.4, 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 Pontiac, IL

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$822
Median Condo Rent
$823
How to Rent a Home