Average Rent in Illinois

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Current Versus Historical Illinois Rents

Illinois rentals average $1,350 for a studio rental to $3,500 for a 4-bedroom rental. The median price of all currently available listings is $2,200, 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 increased by $702 (78.11%) year-over-year from $898 to $1,600. 1-bedroom rentals prices have increased by $411 (24.62%) year-over-year from $1,670 to $2,082. 2-bedroom rentals prices have increased by $308 (16.07%) year-over-year from $1,917 to $2,225. 3-bedroom rentals prices have increased by $308 (13.44%) year-over-year from $2,292 to $2,600. 4-bedroom rentals prices have increased by $605 (20.90%) year-over-year from $2,895 to $3,500. 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 up by 0.63% this month. 1-bedroom rents have gone up by 1.18% this month. 2-bedroom rents have gone down by 3.61% this month. 3-bedroom rents have gone down by 4.29% this month. 4-bedroom rents have gone down by 0.00% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.06	$1,600	$898 (78.11%)	$1,305 (22.64%)
1 BR	$2.60	$2,082	$1,670 (24.62%)	$1,681 (23.80%)
2 BR	$2.00	$2,225	$1,917 (16.07%)	$1,782 (24.88%)
3 BR	$1.78	$2,600	$2,292 (13.44%)	$2,002 (29.85%)
4+ BR	$1.56	$3,500	$2,895 (20.90%)	$2,258 (54.98%)

Historical Rents in Illinois

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Illinois

There are a total of 21 cities nearby Illinois. The average rent in Illinois is currently $2,100 per month. A total of 11 cities nearby have an average rent lower than that. Our records show that Toledo, OH, with an average rent of $825, is the most affordable city nearby. In contrast, the most expensive city near Illinois is North Atlanta, GA. Monthly rents here are on average $3,150 per month.

Let's compare Illinois's rent against other top cities nearby by bedroom size. One bedrooms are about 15.18% more expensive. Two bedrooms in Illinois are about 14.05% more expensive. Finally, rent for three bedrooms are about 3.85% more expensive. Want more information? Check out the top 10 cities out of 21 total cities near Illinois in the following chart.

City	Studio	1 Bed	2 Bed	All
Toledo, OH	N/A	$660	$800	$825
Nashville, TN	$1,106	$1,333	$1,516	$1,437
Chicago, IL	$1,375	$1,800	$2,200	$2,100
Schaumburg, IL	N/A	$2,131	$2,290	$2,250
Aurora, IL	N/A	$1,523	$2,200	$2,450
Smyrna, GA	N/A	$1,560	$2,050	$2,475
Oak Park, IL	N/A	$1,750	$2,625	$2,650
Naperville, IL	N/A	$1,850	$2,200	$2,700
Evanston, IL	$2,306	$2,250	$2,795	$2,795
Alpharetta, GA	N/A	$1,800	$2,000	$2,895

Top Neighborhoods Near Illinois

There are a total of 21 neighborhoods in or near Illinois. Some of these neighborhoods include South Shore, Uptown, and Rogers Park. We've included all of these top 21 neighborhoods in or near Illinois in the following chart.

The average rent for these 21 neighborhoods in or near Illinois is currently around $2,296 per month. A total of 10 neighborhoods have a lower average rent. Meaning, only eleven neighborhoods have a higher average rent than $2,296. Interestingly, the neighborhoods' average rent is higher than Illinois's average rent, which is only $2,200. Out of all the neighborhoods in or near Illinois, South Shore has the most affordable average rent at $1,275 per month. Whereas, at $3,795 average rent per month, North Buckhead is the most expensive neighborhood in or near Illinois. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
South Shore, Chicago, IL	$1,050	$1,050	$1,230	$1,275
Uptown, Chicago, IL	$1,200	$1,600	$2,325	$1,600
Rogers Park, Chicago, IL	$1,200	$1,550	$1,895	$1,650
Edgewater, Chicago, IL	$1,298	$1,648	$2,150	$1,800
West Rogers Park, Chicago, IL	N/A	$1,625	$1,850	$2,000
Lincoln Park, Chicago, IL	$1,788	$2,190	$3,800	$2,017
Pilsen, Chicago, IL	N/A	$1,600	$1,750	$2,050
Ravenswood, Chicago, IL	$1,300	$1,800	$2,200	$2,100
Humboldt Park, Chicago, IL	N/A	$1,750	$1,750	$2,100
Bronzeville, Chicago, IL	N/A	$1,700	$2,050	$2,200
Logan Square, Chicago, IL	$1,550	$1,650	$2,200	$2,296
Midtown, Atlanta, GA	$1,383	$1,884	$2,750	$2,300
Lakeview, Chicago, IL	$1,500	$1,850	$2,600	$2,310
South Loop, Chicago, IL	$1,650	$2,000	$2,800	$2,665
Near West Side, Chicago, IL	N/A	$2,400	$2,733	$2,750
The Loop, Chicago, IL	$1,825	$2,200	$3,000	$2,750
DePaul, Chicago, IL	$1,950	$2,496	$2,625	$2,775
Old Fourth Ward, Atlanta, GA	$1,815	$1,875	$2,985	$2,800
West Town, Chicago, IL	$2,235	$2,480	$2,833	$2,900
Near North Side, Chicago, IL	$1,730	$2,275	$3,700	$2,950
North Buckhead, Atlanta, GA	N/A	$1,900	$3,150	$3,795

Top Counties Near Illinois

There are a total of 21 counties located by Illinois. Some of these counties include Lucas, OH, Wayne, MI, and Davidson, TN. The average rent for rentals in these counties is $2,010. That's roughly around $1 per sqft. A total of 23 counties have a lower average rent. The county that is the most affordable is Lucas, OH. It's average rent per month is $850. Vice versa, with an average rent of $2,700, Fayette, GA is the most expensive county by Illinois.

In comparison, rent for one bedroom listings in Illinois is 25.74% more expensive than other counties nearby. Finally, rent for two bedrooms in Illinois is 20.27% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Lucas, OH	N/A	$668	$825	$850
Wayne, MI	N/A	$1,100	$1,250	$1,400
Davidson, TN	$1,106	$1,333	$1,516	$1,437
Cook, IL	$1,350	$1,750	$2,200	$2,195
Kane, IL	$1,100	$1,550	$1,998	$2,200
McHenry, IL	N/A	$1,100	$1,995	$2,400
Washtenaw, MI	N/A	$1,900	$2,000	$2,400
Will, IL	N/A	$1,400	$2,000	$2,500
DuPage, IL	N/A	$1,850	$2,200	$2,500
Lake, IL	$1,900	$1,980	$2,200	$2,600

Top Zipcodes Near Illinois

There are a total of 21 zipcodes in or near Illinois. The average rent for all of these zipcodes is $2,120. A total of 11 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 30344, College Park, GA at $1,875 per month. In comparison, the zipcode with the most expensive average rent of $3,800 per month is 30342, Sandy Springs, GA.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Illinois is $1,540 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,920 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Illinois. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
30318, Atlanta, GA	$1,484	$1,640	$2,490	$2,499
60618, Chicago, IL	$1,600	$1,700	$1,975	$2,000
30309, Atlanta, GA	$1,332	$1,884	$2,750	$2,401
30024, Gwinnett County, GA	N/A	$1,536	$1,920	$2,655
60615, Chicago, IL	$1,250	$1,513	$1,967	$2,300
30328, Sandy Springs, GA	$1,430	$1,564	$1,950	$2,000
30080, Smyrna, GA	N/A	$1,540	$1,825	$2,400
30058, DeKalb County, GA	N/A	N/A	$1,410	$1,900
30253, McDonough, GA	N/A	N/A	$1,525	$2,055
60625, Chicago, IL	$1,300	$1,543	$1,873	$2,000

Frequently Asked Questions - Illinois Average Rents

What is the average rent price in Illinois?

The average monthly rental price for Illinois apartments for rent is approximately $2,200. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Illinois 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 Illinois.

How much is a studio apartment in Illinois?

The average monthly rental price for studio apartments is $1,350 and an average price per square feet of $3.06. There are a total of 365 studio apartment listings currently available for rent in Illinois.

How much is a one bedroom apartment in Illinois?

The average monthly rental price for one bedroom apartments is $1,795 and an average price per square feet of $2.60. There are a total of 1,155 one bedroom apartment listings currently available for rent in Illinois.

How much is a two bedroom apartment in Illinois?

The average monthly rental price for two bedroom apartments is $2,195 and an average price per square feet of $2.00. There are a total of 2,303 two bedroom apartment listings currently available for rent in Illinois.

How have rent prices in Illinois changed this year?

Rent prices for rentals in Illinois can fluctuate yearly. Specifically, studio rental prices have changed by 0.78%, one bedroom rental prices have changed by 0.25%, two bedroom rental prices have changed by 0.16%, and three bedroom rental prices have changed by 0.13% year-over-year.

What is a reasonable rent price in Illinois?

A reasonable rent price in Illinois is around $1,760/month. You can search for these reasonably priced rental listings on RentHop.