Rent in Newton, IL
A 2-bedroom in Newton, IL (ZIP 62448) typically rents for about $893 a month, with a range of $893–$948. Owner-occupied homes in Jasper County pay about 1.95% 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 | $660 | $660 | 1 |
| 1 bed | $725 | $725 | 1 |
| 2 beds | $893 | $893–$948 | 1 |
| 3 beds | $688 | $688–$1,130 | 1 |
| 4 beds | $1,370 | $1,370 | 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).
Newton ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Newton, IL?
- About $893 a month: the median of the typical rents in 1 ZIP code, which range from $893–$948. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Newton, IL?
- About $725 a month: the median of the typical rents in 1 ZIP code, which range from $725. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Newton, IL?
- About $688 a month: the median of the typical rents in 1 ZIP code, which range from $688–$1,130. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Newton, IL?
- About $660 a month: the median of the typical rents in 1 ZIP code, which range from $660. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Newton, IL?
- About $1,370 a month: the median of the typical rents in 1 ZIP code, which range from $1,370. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Newton, IL?
- Owner-occupied homes in Jasper County pay a typical 1.95% 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 Newton rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).