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Rental Market Trends in Mattoon, IL

Updated July 2026

The average rent in Mattoon, IL is $441/month.

Rent in Mattoon is 73% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$441/month

Average Rent

666 Sq Ft

Average Size

+0.7%

Change / Year

48

Available Apartments

Mattoon rent varies by unit size and layout:

  • Studio apartments in Mattoon average $372 per month.
  • One-bedroom apartments in Mattoon average $441 per month.
  • Two-bedroom apartments in Mattoon average $810 per month.
  • Three-bedroom apartments in Mattoon average $791 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$372/month
300 Sq Ft
One Bedroom
$441/month
666 Sq Ft
Two Bedroom
$810/month
827 Sq Ft
Three Bedroom
$791/month
1,034 Sq Ft
View Mattoon Apartments

How much has average rent changed in Mattoon, IL?

In the past year, rent has increased by 0.7%, which averages out to $3 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Mattoon, IL

July 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 $441, you’ll want to make about $1,470 per month or $17,640 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

48 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.

View the Mattoon Area Guide

Apartment Averages

Apartment Communities in Mattoon We Think You'll Love

616 S 6th St

616 S 6th St

616 S 6th St,
Mattoon, IL 61938

Studio | $749

Coles Crossing Apartments

Coles Crossing Apartments

2504 Buxton Dr,
Mattoon, IL 61938

1-3 Beds | $559 - $999

Mattoon Towers 62+ and handicapped

Mattoon Towers 62+ and handicapped

90 Prairie Ave,
Mattoon, IL 61938

1-2 Beds | Call for Rent

Lake Land Living

Lake Land Living

2001 Laker Dr,
Mattoon, IL 61938

1-3 Beds | $535 - $839

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Frequently Asked Questions

What is the average rent in Mattoon?

The average rent in Mattoon is $441 per month, which is 73.5% lower than the national average of $1,663.

Are rents going up or down in Mattoon?

Rents in Mattoon, IL are increasing, with prices up 0.7% year-over-year and $3 more per month.

What rent range is most common in Mattoon?

In Mattoon, IL, 80% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

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 June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity