Cheap Apartments for Rent in Monticello, IL

6 rentals

Apartments For Rent Near Monticello, IL

We found 30 more apartments matching your filters just outside Monticello

Average Rent Trends in Monticello, IL

Rent in Monticello, IL varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Oct 2025.
MonthAverage rent
Jun 2025$1,225
Jul 2025$875
Aug 2025$2,100
Sep 2025$1,600
Oct 2025$2,200
Nov 2025$1,250
Dec 2025$715
Jan 2026$1,000
Feb 2026$1,000
Mar 2026$1,000
Apr 2026$1,275
May 2026$1,713
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Average Rent By Bedroom and Home Type

In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,000$1,350$1,750$2,750$1,350
Apartments and Condos$1,000—$1,800—$1,000
Houses—$1,350$1,750$2,750$1,350

Frequently Asked Questions about Rentals in Monticello, IL

  • What is the average rent in Monticello, IL?
    The average rent in Monticello, IL is $1,700. Rent prices range from $1,000 to as much as $2,750, depending on the type of rental.
  • How does the rent in Monticello, IL compare to the national average?
    Average rent in Monticello, IL is about 11% lower than the national average rent of $1,910. That means it is less expensive to rent in Monticello compared to the U.S. average.
  • What is the average rent in Monticello, IL, by number of bedrooms?
    The average rent in Monticello, IL is $ for a studio, $1,000 for a 1 bedroom, $1,350 for a 2 bedroom, $1,700 for a 3 bedroom, and $2,750 for a 4 bedroom.
  • How have rent prices in Monticello, IL changed compared to last year?
    In the past year, the average rent price in Monticello, IL has increased by $475. That means the average rent is 28% higher than last year.
  • How many available rental listings are in Monticello, IL?
    There are 5 available rental listings in Monticello, IL.
  • What are some zip codes in Monticello, IL?
    Monticello, IL includes zip codes such as: 61856.
  • What are some cities near Monticello, IL?
    Some nearby cities include: White Heath, Cisco, Milmine, Bement, De Land. These cities may have more rental options to explore.