Homes For Rent in Rantoul, IL

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What to Know About

Life in Rantoul & Beyond

Rantoul 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

Rantoul, IL

As of March 2025, Rantoul's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Rantoul's average rent is 58.7% ($1,002) lower than the Illinois average of $1,706 and 60.6% ($1,084) lower than the U.S. average of $1,788.

Average Rent
$704
Monthly ChangeMonth Over Month Change
Decreased1.7% ($12)
Yearly ChangeYear Over Year Change
Decreased1.1% ($8)
Avg. Days on MarketAverage Days on Market
47
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $661 Decreased0.3% ($2) Increased2% ($13)
2 Beds $851 Increased12.4% ($94) Increased12.1% ($92)
3 Beds $957 Decreased9.3% ($98) Increased12.2% ($104)
Nearby Cities Average Rent Avg. Rent vs. RantoulAverage Rent vs. Rantoul Avg. Days on MarketAverage Days on Market
Urbana $1,112 Increased58% ($408) 50 days
Champaign $1,435 Increased103.8% ($731) 50 days
Mahomet $1,763 Increased150.4% ($1059) 48 days
Savoy $1,359 Increased93% ($655) 49 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Rantoul Rental Market FAQs

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

The average rent in Rantoul, IL is $704 per month.
Homes in Rantoul typically rent for between $600 and $1,244 per month, with an average of $704 per month.
In Rantoul, the average rent for a 1-bedroom home is $661 per month, for a 2-bedroom home, $851 per month, and a 3-bedroom home is $957 per month.
The average rent in Rantoul is 60.6% ($1,084) lower than the national average of $1,788 per month.
The average rent in Rantoul has decreased by 1.7% ($12) in the last month and decreased by 1.1% ($8) over the past year.
The rental market in Rantoul, IL, is currently stable, offering a predictable rental market where most units lease within a few weeks.
In Rantoul, IL, the average rental stays on the market for approximately 47 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 13 rental properties available in Rantoul, IL.
Based on the current averages, a household would need an annual income of $34,040 to comfortably afford a 2-bedroom home in Rantoul.
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