YieldBadger

Rent in Ellis Grove, IL

A 2-bedroom in Ellis Grove, IL (ZIP 62241) typically rents for about $942 a month, with a range of $930–$942. Owner-occupied homes in Randolph County pay about 1.43% 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

Typical monthly rent in Ellis Grove, IL by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$648$6481
1 bed$711$7111
2 beds$942$930–$9421
3 beds$950$950–$1,1641
4 beds$1,469$1,4691

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).

Ellis Grove ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Ellis Grove, IL?
About $942 a month: the median of the typical rents in 1 ZIP code, which range from $930–$942. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Ellis Grove, IL?
About $711 a month: the median of the typical rents in 1 ZIP code, which range from $711. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Ellis Grove, IL?
About $950 a month: the median of the typical rents in 1 ZIP code, which range from $950–$1,164. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Ellis Grove, IL?
About $648 a month: the median of the typical rents in 1 ZIP code, which range from $648. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Ellis Grove, IL?
About $1,469 a month: the median of the typical rents in 1 ZIP code, which range from $1,469. Figures are gross rent (rent plus tenant-paid utilities).
What is the property tax rate in Ellis Grove, IL?
Owner-occupied homes in Randolph County pay a typical 1.43% 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 Ellis Grove rent figures come from?
Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).