3

Galesburg, IL Condos for Rent

Section Image
  • /6

    $475

    Total Monthly Price

    • Studio
    • 1 Bath
    • 250 Sq Ft
    • Condo for Rent

    191 N Prairie St Unit number 5, Galesburg, IL 61401

    Nice downtown location 1 bed 1 bath apt. with laundry on site. 2nd floor apartment so stairs are required to get into unit.

    191 N Prairie St Unit number 5, Galesburg, IL 61401
  • /36

    $1,200

    Total Monthly Price

    • 3 Beds
    • 1 Bath
    • 1,300 Sq Ft
    • Condo for Rent

    207 N Chambers St Unit B, Galesburg, IL 61401

    Beautifully updated 3 bed/1 bath upper level duplex with 1 car attached garage and laundry in unit. Rent of $1,200 includes all utilities paid by owner.

    207 N Chambers St Unit B, Galesburg, IL 61401
  • /11

    $1,200 Per Month

    • 3 Beds
    • 1.5 Baths
    • 1,700 Sq Ft
    • Waters Street

    343 E Water St Unit 1, Galesburg, IL 61401

    Welcome to this beautifully renovated 3 bedroom, 1 & 1/2 bath rental property! This spacious home features a recently remodeled interior with exquisite hardwood floors throughout, creating an inviting and stylish living space. Located within walking distance of Knox College, this property offers both comfort and convenience, making it an ideal choice for professionals or college students

    343 E Water St Unit 1, Galesburg, IL 61401

Frequently Asked Questions

How much does it cost to rent a condo in Galesburg, IL?
The median rent for a condo in Galesburg, IL is $1,200 per month, though prices vary by neighborhood, size, and property type. As of June 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Galesburg, IL?
To comfortably afford the median rent in Galesburg, IL, a household needs to earn roughly $48,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,200 per month in Galesburg, IL, renters typically need to show $3,600 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Galesburg, IL?
In Galesburg, IL, the price-to-rent ratio is 8.3, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Condo Rental Trends in Galesburg, IL

Rental Home Trends

Number of Condos for Rent
3
Median Condo Rent
$1,200
Median 1 Bedroom Condo Rent
$675
Median 3 Bedroom Condo Rent
$1,200
How to Rent a Home