Find Homes & Apartments for Rent in Addison, IL

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What to Know About

Life in Addison & Beyond

Addison shares many of the great qualities that make Illinois a desirable place to live.

Illinois is known for its rich cultural heritage, lively urban centers, and beautiful countryside landscapes. Explore the state's cultural heritage by visiting renowned museums such as the Lincoln Presidential Library and Museum, the Field Museum of Natural History, the Museum of Science and Industry, and the Art Institute of Chicago. The state also has a thriving theater and art scene, including the renowned Steppenwolf Theatre Company in Chicago. Illinois is also home to respected universities like the University of Illinois at Urbana-Champaign and Northwestern University.

Outdoor enthusiasts will love the scenic beauty of the Shawnee National Forest and the adventure-filled trails of the Starved Rock State Park. Sports fans will be in their element in Illinois, cheering on the Chicago Bears (NFL), Chicago Blackhawks (NHL), Chicago Cubs (MLB), Chicago White Sox (MLB), and Chicago Bulls (NBA). Experience famous attractions like the Willis Tower, Navy Pier, and the Lincoln Park Zoo. Also, enjoy the musicals and plays at Broadway-in-Chicago, festivals throughout the summer months, and culinary tours of the local restaurants.

With its vibrant cultural scene, exciting entertainment options, and top-notch educational opportunities, Illinois offers a high quality of life, making it a great place to live.

Rental Market Trends

Addison, IL

As of March 2025, Addison's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Addison's average rent is 3.9% ($67) lower than the Illinois average of $1,706 and 8.3% ($149) lower than the U.S. average of $1,788.

Average Rent
$1,639
Monthly ChangeMonth Over Month Change
Decreased2.7% ($45)
Yearly ChangeYear Over Year Change
Increased6.8% ($104)
Avg. Days on MarketAverage Days on Market
26
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,533 Decreased1.5% ($23) Increased8.7% ($123)
2 Beds $2,036 Decreased0.8% ($17) Increased29.5% ($464)
3 Beds $2,288 Decreased0.9% ($20) Increased29.5% ($521)
Nearby Cities Average Rent Avg. Rent vs. AddisonAverage Rent vs. Addison Avg. Days on MarketAverage Days on Market
Itasca $1,574 Decreased4% ($65) 29 days
Glendale Heights $1,876 Increased14.5% ($237) 29 days
Lombard $2,317 Increased41.4% ($678) 31 days
Bloomingdale $2,720 Increased66% ($1081) 25 days
Bensenville $1,870 Increased14.1% ($231) 27 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Addison Rental Market FAQs

Explore rental prices, market trends, and availability in Addison, IL.

The average rent in Addison, IL is $1,639 per month.
Homes in Addison typically rent for between $1,073 and $2,974 per month, with an average of $1,639 per month.
In Addison, the average rent for a 1-bedroom home is $1,533 per month, for a 2-bedroom home, $2,036 per month, and a 3-bedroom home is $2,288 per month.
The average rent in Addison is 8.3% ($149) lower than the national average of $1,788 per month.
The average rent in Addison has decreased by 2.7% ($45) in the last month and increased by 6.8% ($104) over the past year.
The rental market in Addison, IL, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Addison, IL, the average rental stays on the market for approximately 26 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 12 rental properties available in Addison, IL.
Based on the current averages, a household would need an annual income of $81,440 to comfortably afford a 2-bedroom home in Addison.
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