Average Rent in Coles County, IL↑ Rents rising 5.5% YoY

Coles County, IL has rental prices ranging from $614/month to $1,269/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $689/month — 51% below the national average of $1,400/month. With a median household income of $56,040/year, spending $689/month on a 1-bedroom represents 15% of gross income — within the recommended 30% threshold.

How Coles County Compares

With an average 2-bedroom rent of $895/month, Coles County ranks #35 most expensive of the 87 cities tracked in Illinois — more affordable than 77% of all US cities in our data.

The Coles County Rental Market

The Coles County, IL area has a population of about 46,689 and 40% of households renting rather than owning. That renter share runs above the US average of ~34%, pointing to a competitive rental market where vacancies clear quickly and rents are less negotiable.

Rent Trends

2-bedroom rents in Coles County, IL have risen by $47/month (5.5%) over the past year, from $848 to $895. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Coles County, IL without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $27,560. The local median household income of $56,040 exceeds that threshold by $28,480, making Coles County relatively accessible compared to local wages.

Economy & Jobs

Coles County, IL has an unemployment rate of 3.3%, 0.6 percentage points below the national average of 3.9%. Strong employment conditions typically sustain rental demand, as workers relocate to the area and local residents maintain stable housing.

Is Coles County, IL Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Rent or Buy in Coles County?

Break-even analysis and mortgage estimates based on local market data.

Living in Coles County

Cost of living, job market, crime rates, and moving cost estimates.