Rent in Effingham, IL
A 2-bedroom in Effingham, IL (ZIP 62401) typically rents for about $764 a month, with a range of $764–$930. Owner-occupied homes in Effingham County pay about 1.49% 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 | $629 | $629–$764 | 1 |
| 1 bed | $636 | $636–$792 | 1 |
| 2 beds | $764 | $764–$930 | 1 |
| 3 beds | $914 | $914–$1,231 | 1 |
| 4 beds | $1,434 | $1,434 | 1 |
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).
Effingham ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Effingham, IL?
- About $764 a month: the median of the typical rents in 1 ZIP code, which range from $764–$930. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Effingham, IL?
- About $636 a month: the median of the typical rents in 1 ZIP code, which range from $636–$792. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Effingham, IL?
- About $914 a month: the median of the typical rents in 1 ZIP code, which range from $914–$1,231. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Effingham, IL?
- About $629 a month: the median of the typical rents in 1 ZIP code, which range from $629–$764. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Effingham, IL?
- About $1,434 a month: the median of the typical rents in 1 ZIP code, which range from $1,434. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Effingham, IL?
- Owner-occupied homes in Effingham County pay a typical 1.49% 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 Effingham rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).