Landlord Resources
How to Get a Loan for a Rental Property
Rental property loans differ from traditional mortgages, needing larger down payments, higher interest rates, and reserves, often disregarding projected rental income.
•11 min read
What to Know About
Life in Yates City & Beyond
Yates City 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
Knox County, IL
As of June 2026, Knox County's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Knox County's average rent is 40.0% ($678) lower than the Illinois average of $1,694 and 43.5% ($781) lower than the U.S. average of $1,797.
Average Rent
$1,016
Monthly ChangeMonth Over Month Change
16.1% ($141)
Yearly ChangeYear Over Year Change
24.4% ($199)
Avg. Days on MarketAverage Days on Market
37
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $831 | 23.3% ($157) | 25% ($166) |
| 2 Beds | $1,024 | 28.6% ($228) | 19.6% ($168) |
| 3 Beds | $1,214 | 32.4% ($297) | 26.2% ($252) |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Knox County Rental Market FAQs
Explore rental prices, market trends, and availability in Knox County, IL.
The average rent in Knox County, IL is $1,016 per month.
Homes in Knox County typically rent for between $600 and $1,578 per month, with an average of $1,016 per month.
In Knox County, the average rent for a 1-bedroom home is $831 per month, for a 2-bedroom home, $1,024 per month, and a 3-bedroom home is $1,214 per month.
The average rent in Knox County is 43.5% ($781) lower than the national average of $1,797 per month.
The average rent in Knox County has increased by 16.1% ($141) in the last month and increased by 24.4% ($199) over the past year.
The rental market in Knox County, IL, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Knox County, IL, the average rental stays on the market for approximately 37 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 2 rental properties available in Knox County, IL.
Based on the current averages, a household would need an annual income of $40,960 to comfortably afford a 2-bedroom home in Knox County.
