Average Rent in Illinois

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Current Versus Historical Illinois Rents

Illinois rentals average $1,325 for a studio rental to $3,700 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 March 2025, median rents have risen substantially over the last year. Studio rentals prices have increased by $235 (21.08%) year-over-year from $1,115 to $1,350. 1-bedroom rentals prices have increased by $246 (15.10%) year-over-year from $1,629 to $1,875. 2-bedroom rentals prices have increased by $267 (13.79%) year-over-year from $1,933 to $2,200. 3-bedroom rentals prices have increased by $242 (10.03%) year-over-year from $2,408 to $2,650. 4-bedroom rentals prices have increased by $497 (16.56%) year-over-year from $3,003 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 down by 10.40% this month. 1-bedroom rents have gone down by 4.95% this month. 2-bedroom rents have gone down by 2.93% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone up by 4.48% this month.
Beds
Price / Sqft
Mar 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.24 $1,350 $1,115 (21.08%) $1,437 (-6.03%)
1 BR $2.64 $1,875 $1,629 (15.10%) $1,709 (9.72%)
2 BR $2.15 $2,200 $1,933 (13.79%) $1,870 (17.65%)
3 BR $1.84 $2,650 $2,408 (10.03%) $2,100 (26.19%)
4+ BR $1.64 $3,500 $3,003 (16.56%) $2,557 (36.90%)

Historical Rents in Illinois

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Illinois

There are a total of 14 cities nearby Illinois. The average rent in Illinois is currently $2,275 per month. A total of 7 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 Alpharetta, GA. Monthly rents here are on average $3,000 per month.

Let's compare Illinois's rent against other top cities nearby by bedroom size. One bedrooms are about 10.52% more expensive. Two bedrooms in Illinois are about 4.55% more expensive. Finally, rent for three bedrooms are about 1.98% more expensive. Want more information? Check out the top 10 cities out of 14 total cities near Illinois in the following chart.
City Studio 1 Bed 2 Bed All
Toledo, OH N/A $660 $800 $825
Sandy Springs, GA $1,523 $1,611 $2,000 $2,049
Chicago, IL $1,350 $1,850 $2,200 $2,100
Schaumburg, IL N/A $2,099 $2,375 $2,200
Smyrna, GA N/A $1,261 $2,000 $2,400
Naperville, IL N/A $1,742 $2,299 $2,500
Aurora, IL N/A $1,400 $2,212 $2,548
Johns Creek, GA N/A $1,616 $1,775 $2,700
Evanston, IL $1,450 $2,223 $2,798 $2,795
Alpharetta, GA N/A $1,707 $2,395 $3,000

Top Neighborhoods Near Illinois

There are a total of 15 neighborhoods in or near Illinois. Some of these neighborhoods include South Shore, Uptown, and Edgewater. We've included all of these top 15 neighborhoods in or near Illinois in the following chart.

The average rent for these 15 neighborhoods in or near Illinois is currently around $2,318 per month. A total of 7 neighborhoods have a lower average rent. Meaning, only eight neighborhoods have a higher average rent than $2,318. 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 $1,450 per month. Whereas, at $3,050 average rent per month, The Loop 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 $923 $1,175 $1,450 $1,450
Uptown, Chicago, IL $1,195 $1,688 $2,200 $1,650
Edgewater, Chicago, IL $1,300 $1,650 $2,150 $1,685
Rogers Park, Chicago, IL $1,186 $1,524 $1,875 $1,700
Humboldt Park, Chicago, IL N/A $2,000 $1,700 $2,075
West Rogers Park, Chicago, IL N/A $1,523 $2,050 $2,097
Logan Square, Chicago, IL $1,250 $1,985 $2,250 $2,195
Midtown, Atlanta, GA $1,495 $1,850 $2,700 $2,318
Bronzeville, Chicago, IL $1,125 $1,395 $2,100 $2,395
Hyde Park, Chicago, IL $1,290 $1,650 $2,175 $2,395
Lakeview, Chicago, IL $1,430 $2,048 $2,745 $2,398
South Loop, Chicago, IL $1,780 $2,150 $2,900 $2,717
Near North Side, Chicago, IL $1,788 $2,363 $4,075 $2,800
Old Fourth Ward, Atlanta, GA N/A $2,087 $2,700 $2,821
The Loop, Chicago, IL $1,910 $2,350 $3,525 $3,050

Top Counties Near Illinois

There are a total of 15 counties located by Illinois. Some of these counties include Lucas, OH, Wayne, MI, and Bartow, GA. The average rent for rentals in these counties is $2,195. That's roughly around $1 per sqft. A total of 15 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 $2,940, Fayette, GA is the most expensive county by Illinois.

In comparison, rent for one bedroom listings in Illinois is 17.23% more expensive than other counties nearby. Finally, rent for two bedrooms in Illinois is 18.18% 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 $1,338 $1,390
Bartow, GA N/A $1,120 $1,655 $2,028
Cook, IL $1,325 $1,850 $2,200 $2,195
Kane, IL N/A $1,400 $2,075 $2,200
Oakland, MI N/A $1,476 $1,925 $2,295
DuPage, IL N/A $1,799 $2,250 $2,398
Will, IL N/A $1,500 $2,300 $2,500
Lake, IL N/A $2,111 $2,400 $2,500
Washtenaw, MI $2,120 $2,045 $2,300 $2,525

Top Zipcodes Near Illinois

There are a total of 19 zipcodes in or near Illinois. The average rent for all of these zipcodes is $2,190. A total of 10 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60641, Chicago, IL at $1,643 per month. In comparison, the zipcode with the most expensive average rent of $3,025 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 $1,634 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,088 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 $1,400 $1,650 $2,285 $2,190
60618, Chicago, IL $1,265 $1,625 $2,100 $2,263
30309, Atlanta, GA $1,432 $1,808 $2,878 $2,373
30024, Gwinnett County, GA N/A $1,598 $2,070 $2,625
60615, Chicago, IL $1,275 $1,650 $2,088 $2,188
30328, Sandy Springs, GA $1,523 $1,634 $2,221 $2,150
30080, Smyrna, GA N/A $1,448 $1,985 $2,400
30058, DeKalb County, GA N/A N/A $1,640 $1,995
30253, McDonough, GA N/A N/A $2,231 $2,138
60625, Chicago, IL $1,195 $1,700 $2,207 $1,900

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 $1,325 and an average price per square feet of $3.24. There are a total of 339 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 $1,825 and an average price per square feet of $2.64. There are a total of 982 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 $2.15. There are a total of 1,631 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 0.21%, one bedroom rental prices have changed by 0.15%, two bedroom rental prices have changed by 0.14%, and three bedroom rental prices have changed by 0.10% 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.
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