Average Rent in Wheeling, IL

Wheeling rentals average $2,025 for a 2-bedroom rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $2,400, or roughly $2 per square feet.

For the apartment units and housing in December 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $727 (49.34%) year-over-year from $1,473 to $2,199. 1-bedroom rentals prices have increased by $339 (15.99%) year-over-year from $2,122 to $2,461. 2-bedroom rentals prices have decreased by $585 (-22.40%) year-over-year from $2,610 to $2,025. 3-bedroom rentals prices have increased by $600 (23.08%) year-over-year from $2,600 to $3,200. 4-bedroom rentals prices have decreased by $513 (-13.46%) year-over-year from $3,808 to $3,295. 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 22.21% this month. 1-bedroom rents have gone up by 12.98% this month. 2-bedroom rents have gone down by 16.71% this month. 3-bedroom rents have gone up by 2.13% this month. 4-bedroom rents have gone down by 0.00% this month.