Cheap Apartments for Rent in Mahomet, IL

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Apartments For Rent Near Mahomet, IL

We found 30 more apartments matching your filters just outside Mahomet

Average Rent Trends in Mahomet, IL

Rent in Mahomet, IL 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 Apr 2025.
MonthAverage rent
Oct 2025$2,250
Nov 2025$1,569
Dec 2025$1,640
Jan 2026$1,854
Feb 2026$1,985
Mar 2026$1,985
Apr 2026$2,044
May 2026$1,900
Jun 2026$2,044
Jul 2026$2,042
Aug 2026$1,750
Sep 2026$1,895
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 and Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$1,023$1,750$1,895$2,070$1,895
Townhomes—$2,450$2,450$2,950$2,450
Apartments and Condos—$1,629——$1,629
Houses—$1,395$1,800$2,070$1,900
See more information about local market trends in Mahomet, IL

Frequently Asked Questions about Rentals in Mahomet, IL

  • What is the average rent of an apartment in Mahomet, IL?
    The average rent of an apartment in Mahomet, IL is $1,746 per month. This is about 10% lower than the national average.
  • What are the cheapest months to find an apartment to rent in Mahomet, IL?
    Last year, the cheapest month to find an apartment to rent was Jan 2025 when it was $1,550 per month.
  • How many cheap apartments are available in Mahomet, IL?
    There are 13 apartments to rent that are cheaper than the city’s average rent of $1,895.
  • When is the average rent most expensive in Mahomet, IL?
    In the last year, the average rent in Mahomet, IL was highest in Apr 2025 when it was $2,300 per month.
  • What are some zip codes in Mahomet, IL?
    Mahomet, IL includes zip codes such as: 61853.
  • What are some cities near Mahomet, IL?
    Some nearby cities include: Mansfield, Fisher, Seymour, Bondville, Dewey. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en Mahomet, IL - 1,164 Rentas | Trulia