Rent in 62551 (Niantic, IL)
There are no ZIP-level rent figures for 62551, so the estimate uses the HUD Fair Market Rent for Macon County: $1,091 a month for a 2-bedroom. Other sizes: studio $851, 1 bed $857, 3 beds $1,407, 4 beds $1,724. Owner-occupied homes in Macon County pay about 2.12% 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 | Range | Best guess | County FMR |
|---|---|---|---|
| Studio | $851 | $851 | $851used above |
| 1 bed | $857 | $857 | $857used above |
| 2 beds | $1,091 | $1,091 | $1,091used above |
| 3 beds | $1,407 | $1,407 | $1,407used above |
| 4 beds | $1,724 | $1,724 | $1,724used above |
- Studio: HUD Fair Market Rent (county) $851 (Oct 1, 2026)
- 1 bed: HUD Fair Market Rent (county) $857 (Oct 1, 2026)
- 2 beds: HUD Fair Market Rent (county) $1,091 (Oct 1, 2026)
- 3 beds: HUD Fair Market Rent (county) $1,407 (Oct 1, 2026)
- 4 beds: HUD Fair Market Rent (county) $1,724 (Oct 1, 2026)
Gross rent (rent plus tenant-paid utilities). Sources: HUD county Fair Market Rents (Oct 1, 2026).
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Frequently asked questions
- What is the rent for a 2-bedroom in 62551?
- $1,091 a month, the HUD Fair Market Rent for Macon County; there is no ZIP-level figure for 62551.
- What is the rent for a 1-bedroom in 62551?
- $857 a month, the HUD Fair Market Rent for Macon County; there is no ZIP-level figure for 62551.
- What is the rent for a 3-bedroom in 62551?
- $1,407 a month, the HUD Fair Market Rent for Macon County; there is no ZIP-level figure for 62551.
- What is the rent for a studio in 62551?
- $851 a month, the HUD Fair Market Rent for Macon County; there is no ZIP-level figure for 62551.
- What is the rent for a 4-bedroom in 62551?
- $1,724 a month, the HUD Fair Market Rent for Macon County; there is no ZIP-level figure for 62551.
- What is the property tax rate in ZIP 62551?
- Owner-occupied homes in Macon County pay a typical 2.12% 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 the 62551 rent figures come from?
- HUD county Fair Market Rents (Oct 1, 2026).