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Newest Homes for Rent in Wilmington, IL

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  • 103 S Joliet St Unit 1, Wilmington, IL 60481
    103 S Joliet St Unit 1, Wilmington, IL 60481
    103 S Joliet St Unit 1, Wilmington, IL 60481
    /6

    $1,225

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 800 Sq Ft
    • Condo for Rent

    103 S Joliet St Unit 1, Wilmington, IL 60481

    Open House: 7/7 @ 4:30 pm103 S. Joliet St #1 is a roomy 2 bedroom and 1 bathroom apartment in Wilmington. This apartment has many updates throughout. It features a large living room, eat in kitchen, sharedlaundry, appliances included, and tenant only pays electric and water. Pets are not permitted at this property.Application process takes 3-5 daysTo apply, all applicants

    103 S Joliet St Unit 1, Wilmington, IL 60481
  • 605 Bremer St Unit B, Wilmington, IL 60481
    605 Bremer St Unit B, Wilmington, IL 60481
    605 Bremer St Unit B, Wilmington, IL 60481
    /4

    $825 Per Month

    • 1 Bed
    • 1 Bath
    • 400 Sq Ft
    • Condo for Rent

    605 Bremer St Unit B, Wilmington, IL 60481

    Property Id: 2474010An affordable one bedroom one bath apartment in a four unit building recently remodeled ceramic floors in kitchen and bathroom ceiling fans you pay your own electric and water sewer and garbage all this for a discounted rent of $825 per month deposit verries on how well qualified you are starts at $850 goes up from there minimum credit score 650 minimum income $2550

    605 Bremer St Unit B, Wilmington, IL 60481
  • 605 Bremer St Unit D, Wilmington, IL 60481
    605 Bremer St Unit D, Wilmington, IL 60481
    605 Bremer St Unit D, Wilmington, IL 60481
    /6

    $795

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 500 Sq Ft
    • Condo for Rent

    605 Bremer St Unit D, Wilmington, IL 60481

    1 bedroom, living room, 1 bath apt in 4 flat, ground level. Clean, remodeled unit. Ceramic floor in kitchen, ceiling fan in living room. Appliances provided including refrigerator, stove, & air conditioning. Off-street assigned parking space. Discounted rent is $825.00 per month. Tenant pays electric, water/sewer and garbage. Sorry, no pets permitted.Credit check & criminal

    605 Bremer St Unit D, Wilmington, IL 60481
Illinois Will County Wilmington

Newest Homes for Rent in Wilmington, IL

Frequently Asked Questions

How much does it cost to rent a home in Wilmington, IL?
The median rent for a home in Wilmington, IL is $1,025 per month, though prices vary by neighborhood, size, and property type. As of July 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Wilmington, IL?
To comfortably afford the median rent in Wilmington, IL, a household needs to earn roughly $41,000 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 $1,025 per month in Wilmington, IL, renters typically need to show $3,075 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 Wilmington, IL?
In Wilmington, IL, the price-to-rent ratio is 21.1, 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 Wilmington, IL are best for renting a home?
The best neighborhood for renting in Wilmington, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Southwest Joliet, Reedwood, Cathedral Area, Fall Creek and North Minooka, each with its own character and price range.

Rental Trends in Wilmington, IL

There are currently 3 homes available for rent in Wilmington, IL. The median rent is $1,025 per month, with single-family homes renting at $1,300, townhouses at $1,100 and condos at $1,225.

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$1,025
Median Single Family Home Rent
$1,300
Median Townhouse Rent
$1,100
Median Condo Rent
$1,225
How to Rent a Home

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