salaryRent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 14.4 minutes.
How much money do I need?
To rent here comfortably, you should earn about $35,680 a year. That is $17 an hour at a full-time job.
Is rent cheaper than other Illinois cities?
Yes. Rent here is cheaper than in most of Illinois. It is number 32 of 334 cities from cheapest to most expensive.
How much do households earn in Danville?
Share of households by yearly income. 12.3% of households earn $100,000 or more.
Rent by apartment size in Danville
| Size | Danville | U.S. average |
|---|---|---|
| Studio | $637 | $1,338 |
| 1 bedroom | $495 | $1,324 |
| 2 bedrooms | $965 | $1,509 |
| 3 bedrooms | $1,160 | $1,698 |
| 4 bedrooms | $1,228 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Danville overall?
Everyday prices in Illinois overall are same as the U.S. average (index 100.0, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Danville, so the Illinois figure is shown.
Taxes and bills in Danville
Life in Danville
Is it cheaper to rent or buy in Danville?
Buying is cheaper month to month: about $344 a month less than renting.
Owning assumes a typical $79,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $7,900 for the down payment.
Frequently asked questions
What is the average rent in Danville, IL?
Renting in Danville costs a median of about $892 a month in 2026, including utilities. The Illinois median is $1,517.
How much do I need to make to live in Danville?
To keep rent under 30% of income, you need about $35,680 a year, or $17 an hour at a full-time job.
Is Danville cheap or expensive?
Danville is rated OK: rent takes 21.6% of the typical household income of $49,565. It ranks 32nd cheapest of 334 Illinois cities we track.
How much are property taxes in Danville?
The median homeowner in Danville pays $1,683 a year in property taxes, about 2.13% of the median home value.
Is Danville more expensive than the national average?
Overall prices in Illinois are same as the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Danville?
The median home value in Danville is $79,000, about 1.6 times the typical yearly household income.
28,595 people live in Danville. Numbers are typical (middle) values.