Rentometer, Inc. | Data as of 10/23/2025
Danville’s rental market offers a diverse selection of apartment living that appeals to professionals, families, and students alike. The city’s vibrant downtown area, with its historic theater district and a variety of dining options, is complemented by quieter residential neighborhoods such as Riverfront and West Danville, where tree‑lined streets and easy access to parks create a comfortable suburban feel. Proximity to the Danville Lake and the Vermilion County Museum adds cultural and recreational appeal, making the area popular for those seeking both convenience and a pleasant lifestyle.
Apartment rentals in Danville are primarily comprised of one‑, two‑, and three‑bedroom units, each reflecting the city’s affordable cost of living. Average rents hover in the $700s for one‑bedroom apartments, while two‑bedroom units typically fall within the $900 range. Larger three‑bedroom apartments command rents in the $1,000s, offering spacious options for growing families or shared households. These price points, combined with the variety of floor plans and amenities—from modern fitness centers to pet‑friendly policies—ensure that renters can find a home that fits both their needs and budget.
Beyond the apartments themselves, Danville’s community amenities enhance the overall rental experience. Residents enjoy easy access to the Danville Community College campus, local shopping districts, and well‑maintained green spaces such as Sheridan Park. The city’s strong sense of community, reliable public services, and convenient transportation links to nearby Chicago and Indianapolis make Danville an attractive destination for renters seeking a balanced, affordable, and welcoming environment.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $768 | $726 | $649 - $1,025 | $650 - $849 |
| Apartment | 2 Bedroom | $939 | $925 | $699 - $1,450 | $775 - $1,000 |
| Apartment | 3 Bedroom | $1,019 | $983 | $975 - $1,100 | $975 - $1,100 |
In the current period, the average rent in Danville, IL was
$769 for 1 Bedroom,
$940 for 2 Bedroom, and
$1,019 for 3 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.