Station 250
250 Plaza Cir,
Mundelein, IL 60060
Studio - 2 Beds | $1,630 - $3,655
Rental Market Trends in Vernon Hills, IL
What is the average rent in Vernon Hills, IL?
$1,927/month
Average Rent
764 Sq Ft
Average Apartment Size
+0.8%
Increase in the Last Year
As of February 2025, the average rent in Vernon Hills, IL is $1,927 per month. This is 24% higher than the national average rent price of $1,556/month, making Vernon Hills one of the most expensive cities in the US. When you rent an apartment in Vernon Hills, you can expect to pay about $2,045 per month for a studio, $1,927 for a one-bedroom apartment, and around $2,395 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,899 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 Vernon Hills, IL?
In the past year, rent has increased by 0.8%, which averages out to $17 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 February 2025
Legend
2024
2025
Rent Ranges in Vernon Hills, IL
Last Updated February 2025
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
27%
$1,001 - $1,500/month
27%
$1,501 - $2,000/month
45%
Above $2,000/month
What salary do I need to live comfortably in Vernon Hills, IL?
Because the average rent in Vernon Hills is $1,927, you’ll want to make about $6,423 per month or $77,076 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 Vernon Hills, IL compare to other nearby cities and neighborhoods?
Use the tool below to compare Vernon Hills, 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.
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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.