Rent in New Douglas, IL
A 2-bedroom in New Douglas, IL (ZIP 62074) typically rents for about $940 a month, with a range of $919–$960. Owner-occupied homes in Madison County pay about 1.92% 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 | $750 | $750–$1,064 | 1 |
| 1 bed | $780 | $780–$1,104 | 1 |
| 2 beds | $940 | $919–$960 | 1 |
| 3 beds | $976 | $731–$1,220 | 1 |
| 4 beds | $1,430 | $1,430–$1,997 | 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), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
New Douglas ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in New Douglas, IL?
- About $940 a month: the median of the typical rents in 1 ZIP code, which range from $919–$960. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in New Douglas, IL?
- About $780 a month: the median of the typical rents in 1 ZIP code, which range from $780–$1,104. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in New Douglas, IL?
- About $976 a month: the median of the typical rents in 1 ZIP code, which range from $731–$1,220. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in New Douglas, IL?
- About $750 a month: the median of the typical rents in 1 ZIP code, which range from $750–$1,064. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in New Douglas, IL?
- About $1,430 a month: the median of the typical rents in 1 ZIP code, which range from $1,430–$1,997. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in New Douglas, IL?
- Owner-occupied homes in Madison County pay a typical 1.92% 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 New Douglas rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).