Rent in Lovington, IL
A 2-bedroom in Lovington, IL (ZIP 61937) typically rents for about $715 a month, with a range of $715–$930. Owner-occupied homes in Moultrie County pay about 1.80% 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 | $648 | $648 | 1 |
| 1 bed | $548 | $548–$711 | 1 |
| 2 beds | $715 | $715–$930 | 1 |
| 3 beds | $933 | $933–$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).
Lovington ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Lovington, IL?
- About $715 a month: the median of the typical rents in 1 ZIP code, which range from $715–$930. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Lovington, IL?
- About $548 a month: the median of the typical rents in 1 ZIP code, which range from $548–$711. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Lovington, IL?
- About $933 a month: the median of the typical rents in 1 ZIP code, which range from $933–$1,288. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Lovington, 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 Lovington, 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 Lovington, IL?
- Owner-occupied homes in Moultrie County pay a typical 1.80% 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 Lovington rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).