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Rental Market Trends in Mattoon, IL

What is the average rent in Mattoon, IL?

$484/month

Average Rent

666 Sq Ft

Average Apartment Size

+2.4%

Increase in the Last Year

As of March 2026, the average rent in Mattoon, IL is $484 per month. This is 70% lower than the national average rent of $1,626/month, making renting in Mattoon more affordable than most cities in the US. When you rent an apartment in Mattoon, you can expect to pay about $370 per month for a studio, $484 for a one-bedroom apartment, and around $819 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,053 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$370/month
300 Sq Ft
One Bedroom
$484/month
666 Sq Ft
Two Bedroom
$819/month
827 Sq Ft
Three Bedroom
$1,053/month
1,034 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 Mattoon, IL?

In the past year, rent has increased by 2.4%, which averages out to $12 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 March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Mattoon, IL
Last Updated March 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Mattoon, IL
Percentage*
Rent Range
20% Below $700/month
80% $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 Mattoon, IL?

Because the average rent in Mattoon is $484, you’ll want to make about $1,613 per month or $19,356 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

Mattoon, IL

79 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Mattoon, 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.

Explore the Area Guide for Mattoon, IL

Apartment Averages

Nearby City Rent Trends

  • Charleston Average Rent

Apartment communities in Mattoon we think you'll love

616 S 6th St

616 S 6th St

616 S 6th St,
Mattoon, IL 61938

$699 - $749

Studio - 2 Beds

Coles Crossing Apartments

Coles Crossing Apartments

2504 Buxton Dr,
Mattoon, IL 61938

$573 - $1,150

1-3 Beds

Lake Land Living

Lake Land Living

2001 Laker Dr,
Mattoon, IL 61938

Call for Rent

1-3 Beds

Mattoon Towers 62+ and handicapped

Mattoon Towers 62+ and handicapped

87 Prairie Ave,
Mattoon, IL 61938

Call for Rent

1-2 Beds

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United States Illinois Mattoon 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 February 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity