Cheap Apartments for Rent in 61550

4 rentals

Apartments For Rent Near 61550

We found 30 more apartments matching your filters just outside 61550

Average Rent Trends in 61550

Rent in 61550 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Sep 2026 compared to the previous month. Rent previously peaked in May 2025.
MonthAverage rent
Oct 2025$1,634
Nov 2025$1,500
Dec 2025$1,600
Jan 2026$1,500
Feb 2026$1,700
Mar 2026$1,800
Apr 2026$1,678
May 2026$1,300
Jun 2026$1,210
Jul 2026$1,200
Aug 2026$1,249
Sep 2026$1,700
View as a graph

Average Rent By Bedroom and Home Type

In October 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,650$1,540$1,828$2,000$1,700
Apartments and Condos$1,650$1,150——$1,650
Houses—$1,700—$2,000$1,700

Frequently Asked Questions about Rentals in 61550

  • What is the average rent of an apartment in 61550?
    The average rent of an apartment in 61550 is $1,463 per month. This is about 25% lower than the national average.
  • What are the cheapest months to find an apartment to rent in 61550?
    Last year, the cheapest month to find an apartment to rent was Feb 2025 when it was $1,390 per month.
  • How many cheap apartments are available in 61550?
    There are 3 apartments to rent that are cheaper than the city’s average rent of $1,700.
  • When is the average rent most expensive in 61550?
    In the last year, the average rent in 61550 was highest in May 2025 when it was $1,790 per month.
  • What are some cities near 61550?
    Some nearby cities include: Morton, Groveland, Deer Creek, Washington, East Peoria, Tremont. These cities may have more rental options to explore.