Rent in Montgomery, IL
A 2-bedroom in Montgomery, IL (ZIP 60538) typically rents for about $1,955 a month, with a range of $1,500–$2,410. Owner-occupied homes in Kendall County pay about 2.37% 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 | $1,748 | $1,605–$1,890 | 1 |
| 1 bed | $1,583 | $1,235–$1,930 | 1 |
| 2 beds | $1,955 | $1,500–$2,410 | 1 |
| 3 beds | $2,865 | $2,609–$3,120 | 1 |
| 4 beds | $2,687 | $1,973–$3,400 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026) and Census ACS 5-year median gross rent (Dec 31, 2024).
Montgomery ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Montgomery, IL?
- About $1,955 a month: the median of the typical rents in 1 ZIP code, which range from $1,500–$2,410. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Montgomery, IL?
- About $1,583 a month: the median of the typical rents in 1 ZIP code, which range from $1,235–$1,930. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Montgomery, IL?
- About $2,865 a month: the median of the typical rents in 1 ZIP code, which range from $2,609–$3,120. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Montgomery, IL?
- About $1,748 a month: the median of the typical rents in 1 ZIP code, which range from $1,605–$1,890. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Montgomery, IL?
- About $2,687 a month: the median of the typical rents in 1 ZIP code, which range from $1,973–$3,400. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Montgomery, IL?
- Owner-occupied homes in Kendall County pay a typical 2.37% 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 Montgomery rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026) and Census ACS 5-year median gross rent (Dec 31, 2024).