Studio Rent · August 2026

Studio Apartment Rent in Danville, IL

$690/mo

Median asking rent for a studio apartment in Danville, Illinois as of August 2026. That's +20% lower than the citywide median of $866 and +47% below the national studio median of $1,290.

Studio median
$690
August 2026
vs city overall
-20%
$866 city median
vs national
-47%
$1,290 US median
Illinois rank
#8
of 140 cities

Income needed for a studio in Danville

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a studio at the current median rent.

Annual income
$27,600
Monthly gross
$2,300
Hourly (full-time)
$13.27

Rent by apartment size in Danville

Compare Danville's median rent across every apartment size.

Studio (current)
$690
1-Bedroom
$770
2-Bedroom
$1,010
3-Bedroom
$1,230
4+ Bedroom
$1,360

Cheapest cities for a studio in Illinois

#CityStudio rent
1Carbondale$464
2Dixon$610
3Charleston$640
4Quincy$650
5Macomb$660
6Pekin$660
7Rock Island$680
8Danville (this page)$690
9Moline$700
10Peoria Heights$700
11Normal$720
12Peoria$738
13Springfield$750
14Decatur$760
15Marion$760

Most expensive cities for a studio in Illinois

#CityStudio rent
1Morton Grove$2,190
2Deerfield$2,190
3Barrington$2,190
4Wilmette$2,100
5Buffalo Grove$2,100
6Highland Park$2,060
7Plainfield$2,015
8Naperville$1,978
9Vernon Hills$1,970
10Streamwood$1,970
11Northbrook$1,960
12Bartlett$1,940
13Bolingbrook$1,925
14Romeoville$1,910
15Elmhurst$1,910

Nearby cities — studio rent

Considering nearby alternatives? 2 of these cities have cheaper studio rents than Danville.

CityDistanceStudio rentvs Danville
Rantoul, IL37.8 mi$820+$130 (+19%)
Urbana, IL37.8 mi$870+$180 (+26%)
Savoy, IL43.2 mi$850+$160 (+23%)
Champaign, IL44.1 mi$1,033+$343 (+50%)
West Lafayette, IN50.6 mi$830+$140 (+20%)
Crawfordsville, IN51.5 mi$598$-92 (-13%)
Terre Haute, IN52 mi$803+$113 (+16%)
Mahomet, IL54.4 mi$1,080+$390 (+57%)
Charleston, IL56 mi$640$-50 (-7%)
Lafayette, IN56.8 mi$810+$120 (+17%)
Kankakee, IL69.5 mi$780+$90 (+13%)
Bourbonnais, IL74.2 mi$960+$270 (+39%)

Studio rent in Danville — common questions

How much is a studio apartment in Danville?

As of August 2026, the median studio apartment rent in Danville, Illinois is $690 per month. This is +20% below the citywide median of $866.

What income do you need to afford a studio in Danville?

Using the standard 30% rent-to-income rule, you would need an annual income of about $27,600 ($2,300/month gross), which works out to roughly $13.27/hour at a full-time job.

Is Danville expensive for a studio compared to the rest of the US?

Danville's studio median of $690 is +47% below the national studio median of $1,290. It ranks in the 2th percentile of US cities tracked.

How does Danville rank for studio rent in Illinois?

Among the 140 cities in Illinois with studio data, Danville ranks #8 from cheapest to most expensive.

Are there cheaper studio options near Danville?

Yes — nearby cities with cheaper studio rents include Crawfordsville ($598), Charleston ($640).

All rent data
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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Danville, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (August 2026) and exclude cities with median rent below $400 or above $20,000.