Rent in Butler, IL
A 2-bedroom in Butler, IL (ZIP 62015) typically rents for about $930 a month, with a range of $930. There are no ZIP-level rent figures here, so these use the HUD Fair Market Rent for Montgomery County. Owner-occupied homes in Montgomery County pay about 1.68% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $700 | $700 | 1 |
| 1 bed | $716 | $716 | 1 |
| 2 beds | $930 | $930 | 1 |
| 3 beds | $1,108 | $1,108 | 1 |
| 4 beds | $1,277 | $1,277 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD county Fair Market Rents (Oct 1, 2026).
Butler ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Butler, IL?
- About $930 a month: the median of the typical rents in 1 ZIP code, which range from $930. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Butler, IL?
- About $716 a month: the median of the typical rents in 1 ZIP code, which range from $716. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Butler, IL?
- About $1,108 a month: the median of the typical rents in 1 ZIP code, which range from $1,108. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Butler, IL?
- About $700 a month: the median of the typical rents in 1 ZIP code, which range from $700. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Butler, IL?
- About $1,277 a month: the median of the typical rents in 1 ZIP code, which range from $1,277. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Butler, IL?
- Owner-occupied homes in Montgomery County pay a typical 1.68% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Butler rent figures come from?
- HUD county Fair Market Rents (Oct 1, 2026).