How Much Is the Average Rent in Illinois?

The rental market across Illinois presents a diverse landscape of costs, varying significantly by location, property type, and other influences. Understanding these dynamics is important for individuals and families budgeting for housing or considering a move, helping them navigate the state’s rental options effectively.

Average Rent Across Illinois

As of August 2025, the average monthly rent for all property types in Illinois is around $1,881. This figure encompasses various rental units, from apartments to single-family homes. For a more detailed breakdown, a studio apartment averages $1,508 per month, a one-bedroom unit costs about $1,669, and a two-bedroom apartment averages $1,894 monthly. Larger three-bedroom rentals can command prices of $2,447 or more.

These statewide averages are broad estimates, and actual rental costs can differ considerably. Another reported average for all bedrooms and property types in Illinois for August 2025 is $2,037. The fair market rent, used for federal housing assistance programs, indicates an overall average of $1,215 for a residential rental property in Illinois as of 2025. These varying statistics underscore that the Illinois rental market is not uniform, with numerous factors contributing to local price differences.

Rent Variations by Region and City

Rental costs in Illinois exhibit substantial variations across its distinct regions and major urban centers. Chicago, as the state’s largest metropolitan area, generally features significantly higher rents compared to other parts of Illinois. For instance, the average rent in Chicago as of August 2025 ranges from approximately $1,960 to $2,466 per month. Within Chicago, a studio apartment averages around $1,589, a one-bedroom unit is about $1,960, and a two-bedroom apartment costs $2,487 monthly. Some upscale suburbs of Chicago, such as Lake Forest, Oak Brook, and Deer Park, report even higher average rents, reaching around $2,905, $2,753, and $2,372 respectively.

Conversely, downstate urban centers and more rural areas often present more affordable rental options. In Springfield, the state capital, average rents in August 2025 are considerably lower, ranging from about $838 to $1,209 per month. Specific averages for Springfield include $747 for a studio, $838 for a one-bedroom, and $1,011 for a two-bedroom apartment. Peoria also offers more budget-friendly housing, with average rents around $969 per month in August 2025, with a one-bedroom averaging $969 and a two-bedroom at $1,204.

Rockford, another significant downstate city, shows average rents of about $949 per month as of August 2025. A one-bedroom apartment in Rockford averages $949, while a two-bedroom unit is around $1,235. These figures highlight notable cost differences, with Chicago’s metropolitan area rents often more than double those in many downstate cities, reflecting varied demand and economic conditions.

Key Factors Affecting Rent Prices

Numerous factors contribute to the significant variations in rent prices observed across Illinois. Location plays a primary role, as properties in desirable neighborhoods or those with convenient access to amenities such as public transportation, quality schools, parks, and retail centers tend to command higher rents. The economic principle of supply and demand heavily influences these prices; areas with strong job markets and population growth often experience increased demand for housing, leading to higher rental costs. This dynamic is particularly evident in urban centers where available housing stock may struggle to keep pace with demand.

Property characteristics also play a substantial role in determining rental value. The size of a unit, measured by square footage and the number of bedrooms and bathrooms, directly impacts its price. Newer buildings or those with recent renovations often feature modern amenities, such as in-unit laundry, dedicated parking, fitness centers, or swimming pools, which can increase their rental premium. The type of dwelling, whether an apartment, condominium, or single-family home, also influences cost, with houses often being more expensive due to greater space and privacy.

Furthermore, Illinois’s high property taxes can indirectly affect rent prices, as landlords may pass these costs on to tenants through higher rental rates. Seasonal fluctuations also contribute to rental market trends, with demand often peaking during warmer months, leading to slightly higher prices, while colder months may see a softening of the market.

How to Find Specific Rental Data

For individuals seeking precise and current rental information, several actionable resources are available. Online rental platforms offer extensive databases of listings, allowing users to filter by location, property type, price range, and desired amenities. These platforms often provide detailed descriptions, photos, and virtual tours, helping prospective renters narrow down options. Using multiple platforms is advisable for a comprehensive market view, as inventory can vary.

Consulting with local real estate agents or property management companies can provide valuable insights and access to properties not widely advertised. These professionals have in-depth knowledge of local market conditions, upcoming listings, and neighborhood specifics, assisting in identifying properties and facilitating viewings.

Additionally, government-supported resources, such as ILHousingSearch.org, offer free online databases of rental properties across Illinois, including affordable and accessible housing options. Checking local classifieds or community resources, such as bulletin boards or local online groups, can also reveal unique rental opportunities. Regardless of the method used, verifying information directly with property owners or managers and personally viewing properties remains an important step before making any commitments.