Rent in Forest City, IL
A 2-bedroom in Forest City, IL (ZIP 61532) typically rents for about $940 a month, with a range of $930–$940. Owner-occupied homes in Mason County pay about 2.09% 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 | $648 | $648 | 1 |
| 1 bed | $711 | $711 | 1 |
| 2 beds | $940 | $930–$940 | 1 |
| 3 beds | $1,288 | $1,288 | 1 |
| 4 beds | $1,554 | $1,554 | 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).
Forest City ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Forest City, IL?
- About $940 a month: the median of the typical rents in 1 ZIP code, which range from $930–$940. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Forest City, 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 Forest City, IL?
- About $1,288 a month: the median of the typical rents in 1 ZIP code, which range from $1,288. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Forest City, 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 Forest City, IL?
- About $1,554 a month: the median of the typical rents in 1 ZIP code, which range from $1,554. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Forest City, IL?
- Owner-occupied homes in Mason County pay a typical 2.09% 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 Forest City rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).