Average Rent in Downers Grove, IL

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Current Versus Historical Downers Grove, IL Rents

Downers Grove rentals average $1,800 for a 1-bedroom rental to $3,950 for a 4-bedroom rental. The median price of all currently available listings is $2,575, or roughly $2 per square feet.

For the apartment units and housing in November 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $6 (-21.74%) year-over-year from $27 to $21. 1-bedroom rentals prices have increased by $307 (20.54%) year-over-year from $1,493 to $1,800. 2-bedroom rentals prices have decreased by $48 (-2.32%) year-over-year from $2,048 to $2,000. 3-bedroom rentals prices have decreased by $229 (-7.95%) year-over-year from $2,878 to $2,650. 4-bedroom rentals prices have increased by $1,133 (38.20%) year-over-year from $2,967 to $4,100. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone up by 6.40% this month. 2-bedroom rents have gone down by 4.95% this month. 3-bedroom rents have gone up by 0.65% this month. 4-bedroom rents have gone up by 19.42% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$2.77	$1,800	$1,493 (20.54%)	$1,518 (18.59%)
2 BR	$1.91	$2,000	$2,048 (-2.32%)	$1,550 (29.03%)
3 BR	$1.74	$2,650	$2,878 (-7.95%)	$2,479 (6.87%)
4+ BR	$2.93	$4,100	$2,967 (38.20%)	$2,463 (66.44%)

Historical Rents in Downers Grove, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Downers Grove

Let's compare Downers Grove, IL's rent against other top cities nearby by bedroom size.

City	Studio	1 Bed	2 Bed	All

Top Neighborhoods Near Downers Grove

View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Downers Grove

Some of these counties include Downers Grove, IL, Milton, IL, and Lisle, IL. The average rent for rentals in these counties is $2,271. That's roughly around $2 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Downers Grove, IL. It's average rent per month is $2,078. Vice versa, with an average rent of $2,550, Lisle, IL is the most expensive county by Downers Grove, IL.

In comparison, rent for one bedroom listings in Downers Grove, IL is 2.78% more affordable than other counties nearby. Finally, rent for two bedrooms in Downers Grove, IL is 8.44% more expensive than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Downers Grove, IL	N/A	$1,850	$2,060	$2,078
Milton, IL	N/A	$1,928	$2,271	$2,271
Lisle, IL	N/A	$1,600	$1,913	$2,550

Top Zipcodes Near Downers Grove

You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All

Frequently Asked Questions - Downers Grove Average Rents

What is the average rent price in Downers Grove, IL?

The average monthly rental price for Downers Grove, IL apartments for rent is approximately $2,575. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Downers Grove, IL rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Downers Grove, IL.

How much is a studio apartment in Downers Grove, IL?

The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Downers Grove.

How much is a one bedroom apartment in Downers Grove, IL?

The average monthly rental price for one bedroom apartments is $1,800 and an average price per square feet of $2.77. There are a total of 3 one bedroom apartment listings currently available for rent in Downers Grove.

How much is a two bedroom apartment in Downers Grove, IL?

The average monthly rental price for two bedroom apartments is $2,250 and an average price per square feet of $1.91. There are a total of 6 two bedroom apartment listings currently available for rent in Downers Grove.

How have rent prices in Downers Grove, IL changed this year?

Rent prices for rentals in Downers Grove, IL can fluctuate yearly. Specifically, studio rental prices have changed by -0.22%, one bedroom rental prices have changed by 0.21%, two bedroom rental prices have changed by -0.02%, and three bedroom rental prices have changed by -0.08% year-over-year.

What is a reasonable rent price in Downers Grove, IL?

A reasonable rent price in Downers Grove, IL is around $2,060/month. You can search for these reasonably priced rental listings on RentHop.