Rent in Coles County, IL at a glance
2-bedroom rent (HUD)
$965$11,580 a year · HUD fiscal year 2026From October 1, 2026: $950 (−1.6%)How much rent can you afford in Coles County, IL?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
Rent in Coles County, IL by bedroom, and the pay it takes
Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.
| Size | A month | A year | Income needed | Hourly wage needed |
|---|---|---|---|---|
| Studio | $665 | $7,980 | $26,600 | $12.79/hr |
| 1 bedroom | $759 | $9,108 | $30,360 | $14.60/hr |
| 2 bedroomsMost searched | $965 | $11,580 | $38,600 | $18.56/hr |
| 3 bedrooms | $1,261 | $15,132 | $50,440 | $24.25/hr |
| 4 bedrooms | $1,348 | $16,176 | $53,920 | $25.92/hr |
Cost of living in Coles County, IL: income, prices and a budget →
Living and working in Coles County, IL
Rent in Coles County, IL: common questions
How much is rent going down in Coles County, IL in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $950 for a two-bedroom, down 1.6% from $965. A one-bedroom goes from $759 to $742, a studio from $665 to $662.
These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.
What is the average rent in Coles County, IL?
HUD's Fair Market Rent for 2026 is $759 for a one-bedroom and $965 for a two-bedroom, utilities included. That is $11,580 a year for the two-bedroom.
It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.
How much do you need to make to afford rent in Coles County, IL?
To keep a $965 two-bedroom at 30% of gross pay, one full-time worker needs $18.56 an hour, or $38,600 a year. A one-bedroom at $759 takes $14.60 an hour.
How much is a 1, 2 or 3-bedroom apartment in Coles County, IL?
At HUD's 2026 Fair Market Rent: studio $665, one bedroom $759, two $965, three $1,261 and four $1,348 a month.
Is rent affordable in Coles County, IL?
For the typical household, earning $56,478 a year ($4,707 a month, Census ACS), a two-bedroom at $965 takes 20.5% of income. Under 30% is the usual line for affordable; this is under it.
How is the income needed for rent worked out?
Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($965 × 12) ÷ 0.30 = $38,600. Divided by 2,080 working hours, that is $18.56 an hour.
