Rental Market Trends in Illinois
$1,591/month
Average Rent
+2.6%
Increase in the Last Year
+$40
Average Price Increase
Ranked 17th
Most Expensive Rent by State
43,756
Available Rentals
Jerseyville, IL
City with the Lowest Rent
What is the average rent in Illinois?
As of November 2024, the average rent in Illinois is $1,591/month. When you rent an apartment in Illinois, you can expect some variability depending on the region. For instance, metropolitan areas may have higher rents than smaller towns and rural areas. In general, you can expect to pay about $1,429 per month for a studio, $1,591 for a one-bedroom apartment, and around $1,803 for a two-bedroom apartment in Illinois. If you opt for a three-bedroom rental, you could pay $2,333 or more.
Rent by City
What are the most affordable cities in Illinois?
Based on current rent prices, the cheapest cities in Illinois to live are Jerseyville, Salem and Metropolis.
What are the most expensive cities in Illinois?
Based on current rent prices, the most expensive cities in Illinois to live are Lake Forest, Oak Brook and Lincolnwood.
Nearby State Markets
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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.
State graphics provided by ProPublica
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