$1,100 Per Month
- 3 Beds
- 1 Bath
- 950 Sq Ft
- House for Rent
53 Mahoning Ave, Rantoul, IL 61866
Property Id: 2614893Inside Renewed mobile home in a quiet place nice to live in the area of Rantoul…………………………………………………..
Frequently Asked Questions
How much does it cost to rent a single-family home in Rantoul, IL?
The median rent for a single-family home in Rantoul, IL is $775 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while townhouses and single-family homes 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 $27,800 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 $695 per month in Rantoul, IL, renters typically need to show $2,085 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 16.8, 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 single-family 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 single-family home include East Urbana, King Park, Historic East Urbana and West Urbana, each with its own character and price range.
