Home / Champaign, IL Area Apartments / Mahomet / 318 W Water St
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Updated 4 hours ago

318 W Water St


Farmer City, IL

3 Bed
1 Bath

1,600 Sq. Ft.

Available Now
3 Beds • 1 Bath
$1,350
1600 ft2
1 Available
Managed By: avail
3 Bedroom 1 Bathroom House In Farmer City With Great Amenities
$1,350
Available Now
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Where you'll live
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Location ratings
Walk Score®
48
Car-Dependent
Bike Score®
43
Somewhat Bikeable
Amenities
Storage
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Lease & Fees
Security Deposit: $1,350.00
Property details
Description

Freshly painted (on the outside and inside) home on a quiet street in a bedroom community to Champaign/Urbana and Bloomington/Normal. The second floor is a very large 3rd bedroom and there is a full basement. Beautiful hardwood floors throughout the home and a bay window looking out the front of the house. Upgrades have also been done to the bathroom. There is off-street parking available as well as a small garage out back. The home is in walking distance to the schools in town as well as the newly renovated pool, parks, and downtown. This is a very cozy and comfortable home with a lot of open space and storage area to raise a family. The home is move-in ready! No Utilities included. Is pet friendly to small dogs and potentially cats. Date Available: Aug 10th 2026. $1,350/month rent. $1,350 security deposit required. Please submit the form on this page or contact Forward Motion, LLC at 815-290-9089 to learn more. This property is managed by a responsible landlord using Avail landlord software.

Additional Details
Total Unit Count: 1
Last Updated: Updated 4 hours ago
Contact Number: (815) 290-9089
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Mediacom Communications Corp. 1000.0 50.0
Frontier Communications Corporation 115.0 7.0
ViaSat, Inc. 100.0 3.0
Wireless Data Net, LLC 25.0 6.0
Hughes Network Systems, LLC 25.0 3.0
Data from June 2020 provided by the FCC
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Photos Floor Plans Amenities
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 318 W Water St by bedroom type below.
3 Bedroom
Suggested income:
$48,600
per year
Rent report

318 W Water St Rent vs. Mahomet Average

 318 W Water St      Mahomet Average
3BR
$1,350
$1,851
$0
$650
$1,300
$1,950
$2,600

318 W Water St is asking 27% less than the average 3 bedroom apartment in Mahomet.

If you upsized to an average priced Mahomet 4 bedroom apartment, you would pay 31% more per month.

If you downsized to an average priced Mahomet 2 bedroom apartment, you would pay 1% more per month.

318 W Water St provides 1% more square footage than the average Mahomet 3 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
318 W Water St
3BR $1,350 $0.80 $4,050
Mahomet Average
1BR $795 $1.40 $2,385
2BR $1,876 $1.70 $5,629
3BR $1,851 $1.20 $5,553
4BR $2,668 $1.20 $8,005

Availability in Mahomet

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 16 2BR units on the market in Mahomet. If you're looking to negotiate, this may be your best option.

1BR
2BR
3BR
4BR
11% 42% 37% 8%
Available Units in Mahomet
1BR 4
2BR 16
3BR 14
4BR 3
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in now.
What's the square footage of the available units?
It's 1,600 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 3 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
318 W Water St has a 3 bedroom unit starting at $1,350.
Where is this property located?
This property is at 318 W Water St in Farmer City, IL. It's 13.2 miles west from the center of Mahomet.
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