Monmouth Apartment Rents Remain Stable in January

Median rental prices show slight increases from last month but remain flat year-over-year.

Published on Feb. 17, 2026

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According to new data from rental marketplace Zumper, the median apartment rent in Monmouth, Illinois was $1,063 in January 2026, showing a slight increase from the previous month's $1,042 but remaining essentially unchanged from the $1,053 median rent a year earlier.

Why it matters

Monmouth's rental market stability reflects broader trends in the region, with Illinois statewide rents also holding steady compared to the prior month. This data provides insight into the local housing landscape and cost of living for renters in the Monmouth area.

The details

The January data covers all bedroom sizes in Monmouth, from studios to four-bedrooms. When excluding the 10 subsidized rental listings out of 823 total, the overall median rent rises slightly to $1,065. One-bedroom apartments listed at a median of $875, up 7% from $820 a year earlier, while two-bedroom units held flat at $1,031 compared to $990 in January 2025.

  • The median apartment rent in Monmouth was $1,063 in January 2026.
  • In December 2025, the median rent was $1,042.

The players

Zumper

A rental marketplace that aggregates over one million active listings to calculate median asking rents.

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The takeaway

Monmouth's rental market has remained relatively stable over the past year, with median prices showing only slight fluctuations. This consistency in the local housing landscape provides renters with a measure of predictability amid broader economic uncertainty.