Reserve-Mill Creek and Reserve-Greng's Park
39W300-39W305 Herrington Blvd,
Geneva, IL 60134
1-2 Beds | $1,815 - 2,560
Rental Market Trends in Geneva, IL
What is the average rent in Geneva, IL?
$1,723/month
Average Rent
808 Sq Ft
Average Apartment Size
+1.1%
Increase in the Last Year
As of November 2024, the average rent in Geneva, IL is $1,723 per month. For comparison, the national average rent price in the US is currently $1,559/month, which means Geneva rent prices are 11% higher than the national average. When you rent an apartment in Geneva, you can expect to pay about $1,700 per month for a studio, $1,723 for a one-bedroom apartment, and around $1,998 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,170 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Geneva, IL?
In the past year, rent has increased by 1.1%, which averages out to $20 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated November 2024
Legend
2023
2024
Rent Ranges in Geneva, IL
Last Updated November 2024
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
11%
$1,001 - $1,500/month
33%
$1,501 - $2,000/month
56%
Above $2,000/month
What salary do I need to live comfortably in Geneva, IL?
Because the average rent in Geneva is $1,723, you’ll want to make about $5,743 per month or $68,916 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Geneva, IL compare to other nearby cities and neighborhoods?
Use the tool below to compare Geneva, IL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Nearby City Rent Trends
Apartment communities in Geneva we think you'll love
Learn more with helpful articles
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.