Rent in Danville, IL
Across Danville's 2 ZIP codes, a 2-bedroom typically rents for about $860 a month, with figures from $851–$956. The highest typical rent is in 61832 ($868) and the lowest in 61834 ($851). Owner-occupied homes in Vermilion County pay about 1.81% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $661 | $578–$743 | 2 |
| 1 bed | $609 | $469–$748 | 2 |
| 2 beds | $860 | $851–$956 | 2 |
| 3 beds | $1,166 | $1,031–$1,300 | 2 |
| 4 beds | $1,072 | $1,040–$1,337 | 2 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Danville ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Danville, IL?
- About $860 a month: the median of the typical rents in 2 ZIP codes, which range from $851–$956. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Danville, IL?
- About $609 a month: the median of the typical rents in 2 ZIP codes, which range from $469–$748. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Danville, IL?
- About $1,166 a month: the median of the typical rents in 2 ZIP codes, which range from $1,031–$1,300. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Danville, IL?
- About $661 a month: the median of the typical rents in 2 ZIP codes, which range from $578–$743. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Danville, IL?
- About $1,072 a month: the median of the typical rents in 2 ZIP codes, which range from $1,040–$1,337. Figures are gross rent (rent plus tenant-paid utilities).
- Which Danville ZIP code has the highest rent?
- For a 2-bedroom, 61832 has the highest typical rent at $868 a month, and 61834 the lowest at $851.
- What is the property tax rate in Danville, IL?
- Owner-occupied homes in Vermilion County pay a typical 1.81% 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 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Danville rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).