Rent in Lerna, IL
A 2-bedroom in Lerna, IL (ZIP 62440) typically rents for about $850 a month, with a range of $850–$950. Owner-occupied homes in Coles County pay about 1.94% 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 | $662 | $662 | 1 |
| 1 bed | $742 | $742 | 1 |
| 2 beds | $850 | $850–$950 | 1 |
| 3 beds | $1,125 | $1,125–$1,231 | 1 |
| 4 beds | $1,342 | $1,342 | 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).
Lerna ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Lerna, IL?
- About $850 a month: the median of the typical rents in 1 ZIP code, which range from $850–$950. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Lerna, IL?
- About $742 a month: the median of the typical rents in 1 ZIP code, which range from $742. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Lerna, IL?
- About $1,125 a month: the median of the typical rents in 1 ZIP code, which range from $1,125–$1,231. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Lerna, IL?
- About $662 a month: the median of the typical rents in 1 ZIP code, which range from $662. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Lerna, IL?
- About $1,342 a month: the median of the typical rents in 1 ZIP code, which range from $1,342. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Lerna, IL?
- Owner-occupied homes in Coles County pay a typical 1.94% 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 Lerna rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).