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Rental Market Trends in Canton, IL

What is the average rent in Canton, IL?

$529/month

Average Rent

712 Sq Ft

Average Apartment Size

+1.4%

Increase in the Last Year

As of June 2025, the average rent in Canton, IL is $529 per month. This is 68% lower than the national average rent of $1,628/month, making renting in Canton more affordable than most cities in the US. When you rent an apartment in Canton, you can expect to pay about $479 per month for a studio, $529 for a one-bedroom apartment, and around $680 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$479/month
500 Sq Ft
One Bedroom
$529/month
712 Sq Ft
Two Bedroom
$680/month
838 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Canton, IL?

In the past year, rent has increased by 1.4%, which averages out to $8 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Canton, IL
Last Updated June 2025
Below $701
Most rental prices fall within this range
Rent Ranges in Canton, IL
Percentage*
Rent Range
100% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Canton, IL?

Because the average rent in Canton is $529, you’ll want to make about $1,763 per month or $21,156 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Canton, IL

3 Available Apartments for Rent

Search for Nearby Apartments

How does Canton, IL compare to other nearby cities and neighborhoods?

Use the tool below to compare Canton, IL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Apartment communities in Canton we think you'll love

116 W Maple St

116 W Maple St

116 W Maple St,
Canton, IL 61520

3 Beds | $1,000

119 Vanburen Ct

119 Vanburen Ct

119 Vanburen Ct,
Canton, IL 61520

2 Beds | $900

142-144-144 S 1st Ave

142-144-144 S 1st Ave

142-144-144 S 1st Ave,
Canton, IL 61520

1 Bed | $600

8710 W Main St

8710 W Main St

8710 W Main St,
Mapleton, IL 61547

Studio | $600

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United States Illinois Canton Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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© 2025 CoStar Group, Inc.

Equal Housing Opportunity