Rent in Fairmount, IL
A 2-bedroom in Fairmount, IL (ZIP 61841) typically rents for about $900 a month, with a range of $900–$956. 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 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $743 | $743 | 1 |
| 1 bed | $761 | $748–$761 | 1 |
| 2 beds | $900 | $900–$956 | 1 |
| 3 beds | $778 | $778–$1,278 | 1 |
| 4 beds | $1,337 | $1,337 | 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).
Fairmount ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Fairmount, IL?
- About $900 a month: the median of the typical rents in 1 ZIP code, which range from $900–$956. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Fairmount, IL?
- About $761 a month: the median of the typical rents in 1 ZIP code, which range from $748–$761. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Fairmount, IL?
- About $778 a month: the median of the typical rents in 1 ZIP code, which range from $778–$1,278. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Fairmount, IL?
- About $743 a month: the median of the typical rents in 1 ZIP code, which range from $743. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Fairmount, IL?
- About $1,337 a month: the median of the typical rents in 1 ZIP code, which range from $1,337. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Fairmount, 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 7.24% 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 Fairmount rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).