Average Rent in Illinois

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Current Versus Historical Illinois Rents

Illinois rentals average $1,351 for a studio rental to $3,500 for a 4-bedroom rental. The median price of all currently available listings is $2,225, or roughly $2 per square feet.
For the apartment units and housing in January 2025, median rents have risen over the last year. Studio rentals prices have increased by $515 (60.23%) year-over-year from $855 to $1,370. 1-bedroom rentals prices have increased by $158 (9.64%) year-over-year from $1,642 to $1,800. 2-bedroom rentals prices have increased by $297 (15.59%) year-over-year from $1,903 to $2,200. 3-bedroom rentals prices have increased by $258 (11.27%) year-over-year from $2,292 to $2,550. 4-bedroom rentals prices have increased by $552 (20.07%) year-over-year from $2,748 to $3,300. 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 11.07% this month. 1-bedroom rents have gone down by 9.21% this month. 2-bedroom rents have gone down by 1.49% this month. 3-bedroom rents have gone down by 1.29% this month. 4-bedroom rents have gone down by 1.98% this month.
Beds
Price / Sqft
Jan 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.14 $1,370 $855 (60.23%) $1,313 (4.37%)
1 BR $2.64 $1,800 $1,642 (9.64%) $1,647 (9.29%)
2 BR $2.11 $2,200 $1,903 (15.59%) $1,763 (24.76%)
3 BR $1.81 $2,550 $2,292 (11.27%) $2,002 (27.35%)
4+ BR $1.65 $3,300 $2,748 (20.07%) $2,432 (35.71%)

Historical Rents in Illinois

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Illinois

There are a total of 17 cities nearby Illinois. The average rent in Illinois is currently $2,400 per month. A total of 8 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 $3,675 per month.

Let's compare Illinois's rent against other top cities nearby by bedroom size. One bedrooms are about 16.17% more expensive. Two bedrooms in Illinois are about 9.09% more expensive. Finally, rent for three bedrooms are about 0.10% more expensive. Want more information? Check out the top 10 cities out of 17 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 $1,368 $1,850 $2,200 $2,150
Schaumburg, IL N/A $2,047 $2,377 $2,200
Aurora, IL N/A $1,475 $2,148 $2,400
Smyrna, GA N/A $1,493 $2,000 $2,700
Oak Park, IL N/A $2,623 $2,595 $2,723
Evanston, IL N/A $2,250 $3,104 $2,848
Naperville, IL N/A N/A $2,225 $2,900
Alpharetta, GA N/A $1,932 $2,000 $3,000

Top Neighborhoods Near Illinois

There are a total of 20 neighborhoods in or near Illinois. Some of these neighborhoods include South Shore, Uptown, and Rogers Park. We've included all of these top 20 neighborhoods in or near Illinois in the following chart.

The average rent for these 20 neighborhoods in or near Illinois is currently around $2,311 per month. A total of 7 neighborhoods have a lower average rent. Meaning, only thirteen neighborhoods have a higher average rent than $2,311. Interestingly, the neighborhoods' average rent is higher than Illinois's average rent, which is only $2,225. Out of all the neighborhoods in or near Illinois, South Shore has the most affordable average rent at $1,450 per month. Whereas, at $3,825 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 $895 $1,200 $1,450 $1,450
Uptown, Chicago, IL $1,195 $1,619 $2,498 $1,650
Rogers Park, Chicago, IL $1,200 $1,538 $1,875 $1,675
Edgewater, Chicago, IL $1,320 $1,663 $2,200 $1,750
Pilsen, Chicago, IL N/A $1,600 $1,645 $1,900
West Rogers Park, Chicago, IL N/A $1,573 $1,950 $2,099
Humboldt Park, Chicago, IL N/A $3,063 $1,650 $2,150
Bronzeville, Chicago, IL $1,258 $1,850 $2,065 $2,248
Woodlawn, Chicago, IL N/A $1,500 $1,900 $2,300
Midtown, Atlanta, GA $1,655 $1,916 $2,683 $2,300
Hyde Park, Chicago, IL $1,150 $1,475 $1,895 $2,323
Logan Square, Chicago, IL $1,598 $2,450 $2,300 $2,343
Lakeview, Chicago, IL $1,550 $1,997 $2,700 $2,395
South Loop, Chicago, IL $1,750 $2,200 $2,800 $2,530
Old Fourth Ward, Atlanta, GA N/A $2,100 $2,923 $2,695
West Town, Chicago, IL $2,360 $2,330 $2,600 $2,900
Near North Side, Chicago, IL $1,799 $2,450 $3,779 $2,973
Near West Side, Chicago, IL N/A $2,595 $3,195 $3,098
The Loop, Chicago, IL $1,975 $2,550 $3,425 $3,350
North Buckhead, Atlanta, GA N/A $2,000 $3,200 $3,825

Top Counties Near Illinois

There are a total of 20 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 $2,150. 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 $2,975, Fayette, GA is the most expensive county by Illinois.

In comparison, rent for one bedroom listings in Illinois is 23.33% more expensive than other counties nearby. Finally, rent for two bedrooms in Illinois is 22.73% 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 $1,195 $1,360 $1,335
Davidson, TN $1,106 $1,333 $1,516 $1,437
Kane, IL $1,500 $1,550 $2,000 $2,200
Cook, IL $1,356 $1,850 $2,200 $2,200
McHenry, IL N/A $1,350 $2,150 $2,275
DuPage, IL N/A $1,800 $2,205 $2,451
Will, IL N/A $1,300 $2,200 $2,500
Lake, IL $800 $2,111 $2,225 $2,500
Washtenaw, MI $2,120 $2,045 $2,249 $2,500

Top Zipcodes Near Illinois

There are a total of 13 zipcodes in or near Illinois. The average rent for all of these zipcodes is $2,400. A total of 4 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 $1,750 per month. In comparison, the zipcode with the most expensive average rent of $3,675 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 $1,620 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,000 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 $1,607 $1,620 $2,480 $2,390
60618, Chicago, IL $1,795 $1,995 $2,100 $2,400
30309, Atlanta, GA $1,650 $1,900 $2,750 $2,300
30024, Gwinnett County, GA N/A $1,701 $1,888 $2,650
60615, Chicago, IL $1,175 $1,800 $1,850 $2,000
30328, Sandy Springs, GA $1,470 $1,615 $2,023 $2,023
30080, Smyrna, GA N/A $1,500 $2,000 $2,600
30253, McDonough, GA N/A N/A $1,833 $2,062
30316, DeKalb County, GA N/A $2,100 $2,317 $2,500
30188, Cherokee County, GA N/A $1,540 $1,700 $2,550

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 $2,225. 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 $1,351 and an average price per square feet of $3.14. There are a total of 312 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 $1,800 and an average price per square feet of $2.64. There are a total of 999 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 $2.11. There are a total of 1,806 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 0.60%, one bedroom rental prices have changed by 0.10%, two bedroom rental prices have changed by 0.16%, and three bedroom rental prices have changed by 0.11% year-over-year.
What is a reasonable rent price in Illinois?
A reasonable rent price in Illinois is around $1,780/month. You can search for these reasonably priced rental listings on RentHop.
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