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Rantoul, IL Townhomes for Rent

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  • 620 Willow Pond Rd, Rantoul, IL 61866
    620 Willow Pond Rd, Rantoul, IL 61866
    620 Willow Pond Rd, Rantoul, IL 61866
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    Starting at $780 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

    620 Willow Pond Rd, Rantoul, IL 61866
  • 909 N Maplewood Dr, Rantoul, IL 61866
    909 N Maplewood Dr, Rantoul, IL 61866
    909 N Maplewood Dr, Rantoul, IL 61866
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    Starting at $705 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

    909 N Maplewood Dr, Rantoul, IL 61866
Illinois Champaign County

Townhomes for Rent in Rantoul, IL

Frequently Asked Questions

How much does it cost to rent a townhouse in Rantoul, IL?
The median rent for a townhouse in Rantoul, IL is $850 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while 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 $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 Rantoul, 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 Rantoul, IL?
In Rantoul, IL, the price-to-rent ratio is 13.7, 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.
How to Rent a Home

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