States › Illinois › Streator

Is Streator, IL expensive to live in?

CheapRent takes 18 cents of every $1 people earn here.
🏠 Rent per month (2026)$94246% lower than U.S. average
💵 Families earn per year (2026)$62,131about $5,178/month · 29% lower than U.S. average
🔑 House price$94,70072% lower than U.S. average

Rent 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.

How much money do I need?

To rent here comfortably, you should earn about $37,680 a year. That is $18 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 42 of 334 cities from cheapest to most expensive.

Streator
$942
Justice
$1,723
Effingham
$927
Rantoul
$1,333
Herrin
$1,106
Plano
$1,580
Winnetka
$2,037

How much do households earn in Streator?

Under $25k
20.0%
$25k–50k
25.4%
$50k–100k
33.8%
$100k–150k
9.8%
$150k+
4.5%

Share of households by yearly income. 14.3% of households earn $100,000 or more.

Rent by apartment size in Streator

SizeStreatorU.S. average
1 bedroom$691$1,324
2 bedrooms$962$1,509
3 bedrooms$1,213$1,698
4 bedrooms$1,282$2,098

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

How expensive is Streator 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 Streator, so the Illinois figure is shown.

Taxes and bills in Streator

🏛️ Property tax$1,888a year · 1.99% of home value · U.S. $3,119
⚡ Electric bill$119a month (typical) · U.S. $156

Life in Streator

Commute to work27.7 minU.S.: 26.4 min
College degree12.9%U.S.: 35.7%
Own their home63%U.S.: 65.2%
Below poverty line20.3%U.S.: 12.5%
Unemployment7.9%U.S.: 5.2%

Is it cheaper to rent or buy in Streator?

Buying is cheaper month to month: about $285 a month less than renting.

Renting
$942
Owning
$657

Owning assumes a typical $94,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $9,470 for the down payment.

Frequently asked questions

What is the average rent in Streator, IL?

Renting in Streator costs a median of about $942 a month in 2026, including utilities. The Illinois median is $1,517.

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

To keep rent under 30% of income, you need about $37,680 a year, or $18 an hour at a full-time job.

Is Streator cheap or expensive?

Streator is rated Cheap: rent takes 18.2% of the typical household income of $62,131. It ranks 42nd cheapest of 334 Illinois cities we track.

How much are property taxes in Streator?

The median homeowner in Streator pays $1,888 a year in property taxes, about 1.99% of the median home value.

Is Streator 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 Streator?

The median home value in Streator is $94,700, about 1.5 times the typical yearly household income.

12,330 people live in Streator. Numbers are typical (middle) values.