Apartments in 61832

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Danville, IL
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How much does it cost to rent an apartment in 61832?

61832 apartments
Bed Type Average Rent Range
1BR $640 $430 - $770
2BR $710 $380 - $940
3BR $780 $500 - $1,100
Find an Apartment in 61832
Are you searching for apartments for rent in 61832 Danville, IL? Rentable has a variety of rental options in the 61832 zip code. Currently, there are 102 units available for rent in this area. The average rent in 61832 is $700, and you can find 2-bedroom units starting at $360.

Danville, IL offers several nearby points of interest and community amenities. Within the 61832 zip code, you'll find parks such as Lincoln Park, Danville Stadium, and the beautiful Vermilion River. These spaces provide opportunities for relaxation, outdoor activities, and gatherings with friends and family.

If you're looking for an apartment near 61832, Rentable can help you find the perfect place that fits your needs and budget. Explore our listings for apartments in 61832 Danville, IL and find your ideal rental today.

Danville:
November Rent Report

Welcome to the November 2024 Danville Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Danville rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Danville and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Danville average rent prices in the chart below.

Monthly Rent Report

$800
$600
$400
$200
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Danville Rent Prices Increase From October to November

Danville rent prices increased over the last month. From October to November, the city experienced a 1.44% increase for the price of a one-bedroom apartment. The rent price for a Danville one-bedroom apartments currently stands at $564.0.

When we take a look at the two-bedroom comparison from October to November, Danville experienced a -1.38% decrease for the price of a two-bedroom apartment. The rent price for a Danville two-bedroom apartments currently stands at $713.0.

November Prices: Danville vs. Surrounding Areas

Danville, IL
$556
$0
$200
$400
$600
$800
Median 1 BR Rent

Rent Prices in Danville and Surrounding Areas

Rent prices have increased in Danville over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Danville suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Danville suburbs

  • Rents did not decrease in any of the Danville suburbs.

November 2024 Pricing Trends: Danville vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Danville, IL
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$556
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Danville Rent Prices More Affordable Than Major Cities

Rent growth in Danville over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Danville average rent prices appear to be relatively affordable for local residents.

The price for a Danville one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Danville and surrounding area rent prices, take a look at the complete data set below.

Data set for Danville and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change
Danville, IL $556.0 0.00% $723.0 -3.21%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.