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Newest Homes for Rent in Rantoul, IL

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  • /19

    Starting at $916 Per Month

    • 3 - 5 Beds

    200 W Frost Ave, Rantoul, IL 61866

    South Pointe Commons offers spacious townhomes and duplexes for rent with on-site laundry, stylish plank flooring, central heat and air conditioning, and updated kitchens. We're just a nine-minute drive from Downtown Rantoul and a short distance to the Rantoul Library, Forum Fitness Center, and Rantoul Recreation Department. Looking for a comfortable 3, 4, or 5 bedroom townhome or duplex in

    South Pointe Commons

    (217) 694-8081

    200 W Frost Ave, Rantoul, IL 61866
  • /33

    Starting at $750 Per Month

    • 2 - 4 Beds

    620 Willow Pond Rd, Rantoul, IL 61866

    Each apartment home features amenities such as washer/dryer hookup options, large pantry storage, cozy interiors, and more. Once you become a resident of our Rantoul apartments, you will have access to our fitness center, courtyard, and dog park. Our apartments are conveniently located off of Veterans Parkway, near the Rantoul Airport. Come see your new home today!

    Golfview Village

    (217) 595-1824

    620 Willow Pond Rd, Rantoul, IL 61866
  • /17

    Starting at $640 Per Month

    • 1 - 3 Beds

    909 N Maplewood Dr, Rantoul, IL 61866

    Falcon Way Townhomes offers 1, 2, and 3-bedroom rental homes with stylish vinyl plank flooring, spacious floor plans, new kitchen appliances, washer/dryer hookups, and a private patio/balcony. Outside, residents enjoy spending their free time at our on-site playgrounds, dog park, courtyard, and individual garden plots. Residents value our on-site laundry facility and convenient off-street

    Falcon Way Townhomes

    (217) 595-1860

    909 N Maplewood Dr, Rantoul, IL 61866
  • /6

    $775 Per Month

    • 2 Beds
    • 1 Bath
    • 650 Sq Ft
    • House for Rent

    418 N High St, Rantoul, IL 61866

    Available June 1st!Fully remodeled 2 bedroom, 1 bath unit in Rantoul. Recently updated with modern flooring and paint colors, this unit is a must see. Open living room to kitchen concept! Give us a call today to schedule your showingJSJ Property Management302 W. Springfield Ave.Champaign, IL 61820Equal Opportunity Housing

    418 N High St, Rantoul, IL 61866
  • /4

    $595 Per Month

    • 1 Bed
    • 1 Bath
    • 450 Sq Ft
    • House for Rent

    409 E Campbell Ave, Rantoul, IL 61866

    Don't miss out on this charming unit located in residential Rantoul! Just minutes away from local schools, restaurants and shopping. Unit has brand new flooring throughout with spacious rooms! Give us a call today to schedule your showing!JSJ Property Management, Inc.302 W Springfield AvenueChampaign, IL 61821

    409 E Campbell Ave, Rantoul, IL 61866
  • /5

    $695 Per Month

    • 1 Bed
    • 1 Bath
    • 650 Sq Ft
    • House for Rent

    1088 Eastview Dr, Rantoul, IL 61866

    Available August!Don’t miss this great 1 bedroom, 1 bath unit in Rantoul! Ideally located, you’ll enjoy easy access to outdoor recreation at Ryan Park and Maplewood Sports Complex, as well as nearby shopping and everyday conveniences at Maple Grove Shopping Center.This well-located home offers a comfortable living option in a convenient area—perfect for enjoying both relaxation

    1088 Eastview Dr, Rantoul, IL 61866
  • /10

    $1,000 Per Month

    • 3 Beds
    • 1 Bath
    • Condo for Rent

    1334 Juniper Dr Unit 16 - 3/1b, Rantoul, IL 61866

    Property Id: 2349013This well maintained apartment offers bright living spaces, a practical layout recent upgrades and paint. The property is smoke free, pet friendly with approval, and located in a quiet neighborhood close to everyday conveniences.Utilities & Services:Owner pays for trash, landscaping, and snow removal.Tenant is responsible for all other

    (217) 215-4281

    1334 Juniper Dr Unit 16 - 3/1b, Rantoul, IL 61866
  • /7

    $800 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    1328 Juniper Dr Unit 7 - 2/1b, Rantoul, IL 61866

    Property Id: 2246738Welcome to your new home at 1328 Juniper Dr in Rantoul, IL! This charming 2 bedroom, 1 bathroom apartment offers laminate flooring, central air, and on-site laundry for your convenience. Enjoy the nearby parks and accessibility features. Small dogs and cats are welcome at a pet rent fee of $25/month per pet. Rent for this lovely unit is $800/month. Don't miss out on

    (217) 282-5152

    1328 Juniper Dr Unit 7 - 2/1b, Rantoul, IL 61866
  • /3

    $425 Per Month

    • 2 Beds
    • 1 Bath
    • 700 Sq Ft
    • House for Rent

    40 Mahoning Ave, Rantoul, IL 61866

    Property Id: 2242940Take advantage of our Handyman Home Offer and transform this 2-bedroom, 1-bathroom home at 40 Mahoning Ave, Rantoul, IL 61866 into your perfect space! Built in 1981 with a 14x50 layout, this home offers great potential for customization and comfortable living. The home is FREE-just cover the monthly lot rent of $425 plus a security deposit (2x lot

    (217) 215-4292

    40 Mahoning Ave, Rantoul, IL 61866
  • /6

    $650 Per Month

    • 1 Bed
    • 1 Bath
    • 1,100 Sq Ft
    • Condo for Rent

    335 E Campbell Ave Unit C, Rantoul, IL 61866

    Property Id: 2041896Welcome to your new home at 335 E Campbell Ave in Rantoul, IL! This charming 1 bed, 1 bath unit is perfect for those looking for comfort and convenience. With amenities like a washer, dryer, refrigerator, and oven, as well as central AC and forced air heating, you'll feel right at home. Enjoy the ease of on-site laundry, off-street parking, and a beautiful lawn. Don't

    (217) 282-5500

    335 E Campbell Ave Unit C, Rantoul, IL 61866

Frequently Asked Questions

How much does it cost to rent a home in Rantoul, IL?
The median rent for a home in Rantoul, IL is $735 per month, though prices vary by neighborhood, size, and property type. As of May 2026, single-family homes tend to be the most affordable option while townhouses and condos are currently more expensive.
How much do you need to make to afford rent in Rantoul, IL?
To comfortably afford the median rent in Rantoul, IL, a household needs to earn roughly $29,400 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 $735 per month in Rantoul, IL, renters typically need to show $2,205 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 Rantoul, IL?
In Rantoul, IL, the price-to-rent ratio is 16.0, 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.
What neighborhoods in Rantoul, IL are best for renting a home?
The best neighborhood for renting in Rantoul, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Hill Street East, Southeast Urbana, Crystal Lake, East Urbana and King Park, each with its own character and price range.

Rental Home Trends in Rantoul, IL

Rental Home Trends

Number of Homes for Rent
10
Median Rent
$735
Median Single Family Home Rent
$685
Median Townhouse Rent
$695
Median Condo Rent
$800
How to Rent a Home