Rentometer, Inc. | Data as of 10/22/2025
Mahomet, Illinois, offers a welcoming rental environment that blends small‑town charm with convenient access to the greater Champaign‑Urbana area. The city’s modest yet vibrant housing stock is dominated by apartment living, providing a variety of layouts that suit both professionals and families. Residents enjoy easy commutes via Route 51 and close proximity to the campus of the University of Illinois, making Mahomet an attractive option for students, faculty, and young professionals seeking a balanced lifestyle.
The rental market in Mahomet is anchored by well‑maintained apartment communities, many of which feature modern amenities such as on‑site fitness centers, pet‑friendly policies, and easy access to local parks. Popular neighborhoods like the historic downtown district and the newer developments near Lake Babcock showcase a mix of mature trees, walking trails, and community events that foster a strong neighborhood feel. For those looking for space, two‑bedroom apartments typically fall in the $1300s, while three‑bedroom units are generally found in the $1700 range, reflecting the city’s competitive pricing and value‑centered approach.
Beyond housing, Mahomet’s appeal is amplified by attractions such as the Mahomet City Park, the Ferrell Nature Center, and a growing selection of boutique shops and restaurants along the historic Main Street. The combination of affordable rental options, convenient transportation links, and a lively community atmosphere makes Mahomet a compelling choice for renters seeking both comfort and connectivity in central Illinois.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 2 Bedroom | $1,354 | $1,569 | $925 - $1,569 | $925 - $1,569 |
| Apartment | 3 Bedroom | $1,765 | $1,849 | $1,450 - $1,915 | $1,849 - $1,915 |
In the current period, the average rent in Mahomet was $1,354 for 2 Bedroom, and $1,766 for 3 Bedroom.
Data provided by Rentometer, Inc.