Average Rent in Illinois

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Current Versus Historical Illinois Rents

Illinois rentals average $1,395 for a studio rental to $3,450 for a 4-bedroom rental. The median price of all currently available listings is $2,250, or roughly $2 per square feet.

For the apartment units and housing in December 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $398 (39.97%) year-over-year from $997 to $1,395. 1-bedroom rentals prices have decreased by $27 (-1.51%) year-over-year from $1,787 to $1,760. 2-bedroom rentals prices have increased by $60 (2.85%) year-over-year from $2,090 to $2,150. 3-bedroom rentals prices have increased by $154 (6.56%) year-over-year from $2,346 to $2,500. 4-bedroom rentals prices have increased by $587 (20.85%) year-over-year from $2,813 to $3,400. 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 9.14% this month. 1-bedroom rents have gone down by 9.87% this month. 2-bedroom rents have gone down by 3.01% this month. 3-bedroom rents have gone down by 4.46% this month. 4-bedroom rents have gone down by 0.97% this month.

Beds	Price / Sqft	Dec 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.16	$1,395	$997 (39.97%)	$1,284 (8.64%)
1 BR	$2.64	$1,760	$1,787 (-1.51%)	$1,671 (5.36%)
2 BR	$2.04	$2,150	$2,090 (2.85%)	$1,750 (22.86%)
3 BR	$1.78	$2,500	$2,346 (6.56%)	$1,986 (25.90%)
4+ BR	$1.56	$3,400	$2,813 (20.85%)	$2,290 (48.47%)

Historical Rents in Illinois

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Illinois

There are a total of 20 cities nearby Illinois. The average rent in Illinois is currently $2,262 per month. A total of 9 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 $3,173 per month.

Let's compare Illinois's rent against other top cities nearby by bedroom size. One bedrooms are about 14.72% more expensive. Two bedrooms in Illinois are about 11.07% more expensive. Finally, rent for three bedrooms are about 5.16% more affordable. Want more information? Check out the top 10 cities out of 20 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
Marietta, GA	N/A	$1,204	$1,600	$1,900
Chicago, IL	$1,395	$1,887	$2,250	$2,165
Schaumburg, IL	N/A	$2,186	$2,350	$2,253
Wheaton, IL	N/A	$1,859	$2,699	$2,271
Aurora, IL	N/A	$1,523	$2,300	$2,400
Naperville, IL	N/A	$1,490	$2,250	$2,560
Oak Park, IL	N/A	$1,600	$2,650	$2,650
Evanston, IL	N/A	$2,100	$2,700	$2,730

Top Neighborhoods Near Illinois

There are a total of 19 neighborhoods in or near Illinois. Some of these neighborhoods include South Shore, Rogers Park, and Uptown. We've included all of these top 19 neighborhoods in or near Illinois in the following chart.

The average rent for these 19 neighborhoods in or near Illinois is currently around $2,295 per month. A total of 9 neighborhoods have a lower average rent. Meaning, only ten neighborhoods have a higher average rent than $2,295. Interestingly, the neighborhoods' average rent is higher than Illinois's average rent, which is only $2,250. Out of all the neighborhoods in or near Illinois, South Shore has the most affordable average rent at $1,250 per month. Whereas, at $3,648 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	$1,018	$1,175	$1,238	$1,250
Rogers Park, Chicago, IL	$1,188	$1,525	$1,900	$1,650
Uptown, Chicago, IL	$1,198	$1,650	$2,233	$1,650
Edgewater, Chicago, IL	$1,325	$1,675	$2,195	$1,814
Humboldt Park, Chicago, IL	N/A	$2,150	$1,600	$1,900
Pilsen, Chicago, IL	N/A	$1,450	$1,595	$2,100
Woodlawn, Chicago, IL	N/A	$1,700	$1,675	$2,200
West Rogers Park, Chicago, IL	N/A	$1,725	$1,925	$2,200
Bronzeville, Chicago, IL	N/A	$1,900	$2,200	$2,203
Logan Square, Chicago, IL	$1,600	$2,100	$2,150	$2,295
Midtown, Atlanta, GA	$1,473	$1,898	$2,700	$2,300
Lakeview, Chicago, IL	$1,595	$1,900	$2,798	$2,439
Old Fourth Ward, Atlanta, GA	N/A	$2,143	$2,950	$2,650
South Loop, Chicago, IL	$1,775	$2,200	$2,900	$2,700
Near West Side, Chicago, IL	N/A	$2,407	$2,900	$2,725
West Town, Chicago, IL	$2,413	$2,600	$2,842	$2,863
Near North Side, Chicago, IL	$1,785	$2,400	$3,798	$2,900
The Loop, Chicago, IL	$2,000	$2,400	$3,200	$3,100
North Buckhead, Atlanta, GA	N/A	$2,000	$3,498	$3,648

Top Counties Near Illinois

There are a total of 19 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 $2,100. That's roughly around $1 per sqft. A total of 21 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 $2,905, Fayette, GA is the most expensive county by Illinois.

In comparison, rent for one bedroom listings in Illinois is 23.65% more expensive than other counties nearby. Finally, rent for two bedrooms in Illinois is 20.45% 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	$1,148	$1,300	$1,397
Davidson, TN	$1,106	$1,333	$1,516	$1,437
Kane, IL	$1,325	$1,495	$2,000	$2,100
Cook, IL	$1,395	$1,850	$2,200	$2,200
McHenry, IL	N/A	$1,500	$1,900	$2,300
Washtenaw, MI	$2,120	$1,900	$2,125	$2,425
DuPage, IL	N/A	$1,850	$2,283	$2,441
Will, IL	N/A	$1,250	$2,200	$2,500
Lake, IL	$1,425	$2,038	$2,200	$2,500

Top Zipcodes Near Illinois

There are a total of 18 zipcodes in or near Illinois. The average rent for all of these zipcodes is $2,216. A total of 9 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 $1,800 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 $1,570 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,004 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	$1,500	$1,605	$2,268	$2,425
60618, Chicago, IL	$1,695	$1,700	$1,995	$2,048
30309, Atlanta, GA	$1,364	$1,856	$2,765	$2,300
30024, Gwinnett County, GA	N/A	$1,503	$1,878	$2,698
60615, Chicago, IL	$1,250	$1,460	$1,895	$2,095
30328, Sandy Springs, GA	$1,487	$1,600	$2,008	$2,000
30080, Smyrna, GA	N/A	$1,540	$1,950	$2,400
30058, DeKalb County, GA	N/A	N/A	$1,435	$1,903
30253, McDonough, GA	N/A	N/A	$2,230	$2,143
60625, Chicago, IL	$1,548	$1,450	$2,050	$2,100

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 $2,250. 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 $1,395 and an average price per square feet of $3.16. There are a total of 323 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 $1,827 and an average price per square feet of $2.64. There are a total of 1,159 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 $2,200 and an average price per square feet of $2.04. There are a total of 2,220 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 0.40%, one bedroom rental prices have changed by -0.02%, two bedroom rental prices have changed by 0.03%, and three bedroom rental prices have changed by 0.07% year-over-year.

What is a reasonable rent price in Illinois?

A reasonable rent price in Illinois is around $1,800/month. You can search for these reasonably priced rental listings on RentHop.