Highpoint at 8000 North
8000 Lincoln Ave,
Skokie, IL 60077
Studio - 2 Beds | $2,034 - $9,125
Rental Market Trends in Morton Grove, IL
What is the average rent in Morton Grove, IL?
$2,244/month
Average Rent
789 Sq Ft
Average Apartment Size
+9.4%
Increase in the Last Year
As of January 2025, the average rent in Morton Grove, IL is $2,244 per month. This is 44% higher than the national average rent price of $1,554/month, making Morton Grove one of the most expensive cities in the US. When you rent an apartment in Morton Grove, you can expect to pay about $1,916 per month for a studio, $2,244 for a one-bedroom apartment, and around $4,129 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay 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 Morton Grove, IL?
In the past year, rent has increased by 9.4%, which averages out to $212 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 January 2025
Legend
2024
2025
Rent Ranges in Morton Grove, IL
Last Updated January 2025
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
25%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
75%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Morton Grove?
Based on current rent prices, Near North Suburban Cook is the most affordable neighborhood in Morton Grove.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Morton Grove?
Based on current rent prices, Near North Suburban Cook is the most expensive neighborhood in Morton Grove.
Neighborhood
Average Rent
Average Sq Ft
Which Morton Grove neighborhoods have the most rentals available?
The neighborhood in Morton Grove with the most apartments available is Near North Suburban Cook .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Morton Grove, IL?
Because the average rent in Morton Grove is $2,244, you’ll want to make about $7,480 per month or $89,760 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 Morton Grove, IL compare to other nearby cities and neighborhoods?
Use the tool below to compare Morton Grove, 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.
Studio
$1,843/month
$1,843/month
One Bedroom
$1,727/month
$1,727/month
Two Bedroom
$2,066/month
$2,066/month
Three Bedroom
$3,022/month
$3,022/month
Nearby City Rent Trends
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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.
* Percentages may not total 100 due to rounding.