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Rent Prices in Colfax, IL
Median gross rent (rent plus utilities) by number of bedrooms. American Community Survey 2020-2024 5-year estimates.
- Median rent
- $875/mo
- Illinois $1,274/mo
- 2-bedroom median rent
- $850/mo
- Illinois $1,284/mo
- Renters paying 30%+ of income
- 34.3%
- Illinois 47.9%
- Renter households
- 112
- Illinois 1,657,539
Colfax has fewer than 10,000 residents, so these survey estimates have wide margins of error. Compare with care.
Median rent by number of bedrooms
Gross rent: contract rent plus utilities
| Bedrooms | Median rent |
|---|---|
| Studio (no bedroom) | Not reported |
| 1 bedroom | Not reported |
| 2 bedrooms | $850/mo |
| 3 bedrooms | $790/mo |
| 4 bedrooms | Not reported |
| 5 or more bedrooms | Not reported |
Rent as a share of income
Renter households where the share could be computed
- Pay 30% or more of income3534.3%
- Pay 50% or more of income3029.4%
The median renter household spends 22.2% of its income on rent.
HUD Fair Market Rent, fiscal year 2027
Bloomington, IL MSA
2 bedrooms: $1,287/mo. HUD Fair Market Rent is used for housing assistance and is not an asking rent.
How it compares
Swipe the table sideways to see more columns.
| Area | Median rent | 1 bedroom | 2 bedrooms | 3 bedrooms | Renters paying 30%+ of income |
|---|---|---|---|---|---|
| Colfax, IL | $875/mo | Not reported | $850/mo | $790/mo | 34.3% |
| McLean County | $1,009/mo | $813/mo | $1,063/mo | $1,234/mo | 45.0% |
| Illinois | $1,274/mo | $1,121/mo | $1,284/mo | $1,480/mo | 47.9% |
| United States | $1,413/mo | $1,235/mo | $1,407/mo | $1,584/mo | 51.1% |
Frequently asked questions
- What is the median rent in Colfax, IL?
- The median gross rent in Colfax, IL is $875 a month, and a typical 2-bedroom rents for $850/mo.
- How does Colfax compare with Illinois?
- The median rent in Colfax is $875/mo, compared with $1,274/mo for Illinois as a whole.
Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates