States › Illinois › Manteno

Is Manteno, IL expensive to live in?

CheapRent takes 18 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,55611% lower than U.S. average
💵 Families earn per year (2026)$105,298about $8,775/month · 21% higher than U.S. average
🔑 House price$248,40025% lower than U.S. average

Rent is lower than in 55% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are long, about 32 minutes each way. Most homes (75.6%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $62,240 a year. That is $30 an hour at a full-time job.

Is rent cheaper than other Illinois cities?

No. Rent here is more expensive than in most of Illinois. It is number 178 of 334 cities from cheapest to most expensive.

Manteno
$1,556
$1,641
$1,513
$1,502
$1,093

How much do households earn in Manteno?

Under $25k
13.0%
$25k–50k
14.3%
$50k–100k
34.4%
$100k–150k
23.3%
$150k+
13.0%

Share of households by yearly income. 36.3% of households earn $100,000 or more.

Rent by apartment size in Manteno

SizeMantenoU.S. average
Studio$629$1,338
1 bedroom$906$1,324
2 bedrooms$1,319$1,509
3 bedrooms$1,273$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Manteno overall?

Everyday prices in Illinois overall are same as the U.S. average (index 100.0, U.S. = 100).

Housing
94
Goods (food, clothes…)
104
Utilities
85
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Manteno, so the Illinois figure is shown.

Taxes and bills in Manteno

🏛️ Property tax$6,055a year · 2.44% of home value · U.S. $3,119
⚡ Electric bill$139a month (typical) · U.S. $156

Life in Manteno

Commute to work32 minU.S.: 26.4 min
College degree27.5%U.S.: 35.7%
Own their home75.6%U.S.: 65.2%
Below poverty line3.5%U.S.: 12.5%
Unemployment2.9%U.S.: 5.2%

Is it cheaper to rent or buy in Manteno?

Renting is cheaper right now: about $168 a month less.

Renting
$1,556
Owning
$1,724

Owning assumes a typical $248,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $24,840 for the down payment.

Frequently asked questions

What is the average rent in Manteno, IL?

Renting in Manteno costs a median of about $1,556 a month in 2026, including utilities. The Illinois median is $1,517.

How much do I need to make to live in Manteno?

To keep rent under 30% of income, you need about $62,240 a year, or $30 an hour at a full-time job.

Is Manteno cheap or expensive?

Manteno is rated Cheap: rent takes 17.7% of the typical household income of $105,298. It ranks 178th cheapest of 334 Illinois cities we track.

How much are property taxes in Manteno?

The median homeowner in Manteno pays $6,055 a year in property taxes, about 2.44% of the median home value.

Is Manteno 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 Manteno?

The median home value in Manteno is $248,400, about 2.4 times the typical yearly household income.

9,030 people live in Manteno. Numbers are typical (middle) values.