$825
Total Monthly Price
- 2 Beds
- 1 Bath
- 675 Sq Ft
- House for Rent
1001 Lundy St, Streator, IL 61364
Two bedroom home with large back yard. Large kitchen. Updated bathroom. Basement storage.
Frequently Asked Questions
How much does it cost to rent a single-family home in Streator, IL?
The median rent for a single-family home in Streator, IL is $1,200 per month, though prices vary by neighborhood, size, and property type. As of June 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 Streator, IL?
To comfortably afford the median rent in Streator, IL, a household needs to earn roughly $56,880 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 $1,422 per month in Streator, IL, renters typically need to show $4,266 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 Streator, IL?
In Streator, IL, the price-to-rent ratio is 8.2, 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.
