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Homes & Apartments for Rent in Delavan, IL

1 of 1 rentals

Apartment for rent at 318 S Locust St, Delavan, IL 61734

1 / 10

Featured

Managed by Heritage Premier Realty

$1,095

Apartment2 Beds1 Bath

318 S Locust St

Delavan, IL 61734

Enjoy downtown living with a modern refresh. This beautifully renovated unit in the heart of Delavan blends classic charm with updated finishes throughout. Recently remodeled from top to bottom, the space offers a bright, open layout, tall ceilings and spacious rooms that create a comfortable and welcoming feel from the moment you enter. The kitchen is fully equipped with stainless steel appliances, including a refrigerator, stove, dishwasher and microwave. Perfect for both everyday use and entertaining. The unit also features in-unit laundry hookups designed for full-size machines, adding everyday convenience.

Viewing 1 of 1 rentals in Delavan

What to Know About

Life in Delavan & Beyond

Delavan shares many of the great qualities that make Illinois a desirable place to live.

Illinois is known for its rich cultural heritage, lively urban centers, and beautiful countryside landscapes. Explore the state's cultural heritage by visiting renowned museums such as the Lincoln Presidential Library and Museum, the Field Museum of Natural History, the Museum of Science and Industry, and the Art Institute of Chicago. The state also has a thriving theater and art scene, including the renowned Steppenwolf Theatre Company in Chicago. Illinois is also home to respected universities like the University of Illinois at Urbana-Champaign and Northwestern University.

Outdoor enthusiasts will love the scenic beauty of the Shawnee National Forest and the adventure-filled trails of the Starved Rock State Park. Sports fans will be in their element in Illinois, cheering on the Chicago Bears (NFL), Chicago Blackhawks (NHL), Chicago Cubs (MLB), Chicago White Sox (MLB), and Chicago Bulls (NBA). Experience famous attractions like the Willis Tower, Navy Pier, and the Lincoln Park Zoo. Also, enjoy the musicals and plays at Broadway-in-Chicago, festivals throughout the summer months, and culinary tours of the local restaurants.

With its vibrant cultural scene, exciting entertainment options, and top-notch educational opportunities, Illinois offers a high quality of life, making it a great place to live.

Rental Market Trends

Delavan, IL

As of June 2026, Delavan's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Delavan's average rent is 37.4% ($634) lower than the Illinois average of $1,694 and 41.0% ($737) lower than the U.S. average of $1,797.

Average Rent

$1,060

Monthly ChangeMonth Over Month Change

0.2% ($2)

Yearly ChangeYear Over Year Change

10.6% ($102)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$877	No change	16.6% ($125)
2 Beds	$1,060	0.2% ($2)	10.6% ($102)
3 Beds	$1,263	6% ($72)	13.2% ($147)

Nearby Cities	Average Rent	Avg. Rent vs. DelavanAverage Rent vs. Delavan	Avg. Days on MarketAverage Days on Market
Minier	$932	12.1% ($128)	39 days
Pekin	$763	28% ($297)	38 days
Morton	$1,379	30.1% ($319)	36 days
Lincoln	$807	23.9% ($253)	40 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Delavan Rental Market FAQs

Explore rental prices, market trends, and availability in Delavan, IL.

What is the average rent in Delavan, IL?

The average rent in Delavan, IL is $1,060 per month.

What is the rental price range for homes in Delavan, IL?

Homes in Delavan typically rent for between $614 and $1,642 per month, with an average of $1,060 per month.

What is the average rent for different bedroom sizes in Delavan, IL?

In Delavan, the average rent for a 1-bedroom home is $877 per month, for a 2-bedroom home, $1,060 per month, and a 3-bedroom home is $1,263 per month.

How do rent prices in Delavan, IL compare with the national average?

The average rent in Delavan is 41% ($737) lower than the national average of $1,797 per month.

How have rent prices in Delavan, IL changed recently?

The average rent in Delavan has decreased by 0.2% ($2) in the last month and increased by 10.6% ($102) over the past year.

How competitive is the rental market in Delavan, IL?

The rental market in Delavan, IL, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Delavan, IL?

In Delavan, IL, the average rental stays on the market for approximately 39 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Delavan, IL?

There is currently 1 rental property available in Delavan, IL.

Can I afford to rent a home in Delavan, IL?

Based on the current averages, a household would need an annual income of $42,400 to comfortably afford a 2-bedroom home in Delavan.