Rent in Nebo, IL
A 2-bedroom in Nebo, IL (ZIP 62355) typically rents for about $1,270 a month, with a range of $930–$1,270. Owner-occupied homes in Pike County pay about 1.53% 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 | $920 | $648–$920 | 1 |
| 1 bed | $990 | $711–$990 | 1 |
| 2 beds | $1,270 | $930–$1,270 | 1 |
| 3 beds | $1,580 | $1,135–$1,580 | 1 |
| 4 beds | $1,900 | $1,403–$1,900 | 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 HUD county Fair Market Rents (Oct 1, 2026).
Nebo ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Nebo, IL?
- About $1,270 a month: the median of the typical rents in 1 ZIP code, which range from $930–$1,270. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Nebo, IL?
- About $990 a month: the median of the typical rents in 1 ZIP code, which range from $711–$990. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Nebo, IL?
- About $1,580 a month: the median of the typical rents in 1 ZIP code, which range from $1,135–$1,580. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Nebo, IL?
- About $920 a month: the median of the typical rents in 1 ZIP code, which range from $648–$920. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Nebo, IL?
- About $1,900 a month: the median of the typical rents in 1 ZIP code, which range from $1,403–$1,900. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Nebo, IL?
- Owner-occupied homes in Pike County pay a typical 1.53% 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 Nebo rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026) and HUD county Fair Market Rents (Oct 1, 2026).