Rentometer, Inc. | Data as of 12/04/2025
Mahomet, Illinois, is a charming smallâcity community located just west of ChampaignâUrbana, offering a blend of suburban tranquility and convenient access to the regionâs cultural and academic hubs. Surrounded by rolling farmland and scenic green spaces such as the East Fork Forest Preserve and Lake of the Woods, Mahomet provides residents with plenty of outdoor recreation opportunities, from hiking and fishing to family picnics in the wellâmaintained Mahomet Park. The historic downtown district features locally owned shops, cozy cafĂŠs, and seasonal festivals that give the city a warm, welcoming atmosphere.
The local rental market primarily consists of apartments, with a range of floor plans that cater to both young professionals and growing families. Twoâbedroom units generally fall in the $1,300â$1,600 range, with a median rent near $1,570, while threeâbedroom apartments tend to be priced between $1,700 and $1,900, with median values approaching $1,850. These competitive rates reflect Mahometâs appeal as an affordable alternative to neighboring college towns, while still providing easy commutes to the University of Illinois and major employment centers via Iâ74. Residents appreciate modern amenities, wellâkept communal spaces, and proximity to quality schools such as MahometâSidney High School.
For renters seeking a community-oriented lifestyle, Mahometâs blend of safe neighborhoods, convenient shopping districts, and vibrant local events makes it an attractive choice. Whether youâre drawn to the peaceful riverfront trails, the bustling farmers market, or the short drive to cultural venues in ChampaignâUrbana, Mahomet offers a balanced rental experience that combines affordability with the conveniences of smallâcity living.
| 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.