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What to Know About
Living in Illinois
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
Illinois
As of July 2025, Illinois's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Illinois's average rent is 1.8% ($32) lower than the U.S. average of $1,775.
Average Rent
$1,743
Monthly ChangeMonth Over Month Change
2.3% ($40)
Yearly ChangeYear Over Year Change
4.5% ($82)
Avg. Days on MarketAverage Days on Market
35
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,502 | 2.7% ($39) | 6.7% ($107) |
| 2 Beds | $1,913 | 2.7% ($50) | 1.1% ($21) |
| 3 Beds | $2,228 | 2.7% ($58) | 7.1% ($171) |
| Top Markets in Illinois | Average Rent | Avg. Rent vs. ILAverage Rent vs. Illinois | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Chicago | $2,379 | 36.5% ($636) | 26 days |
| Evanston | $2,313 | 32.7% ($570) | 22 days |
| Champaign | $1,324 | 24% ($419) | 50 days |
| Rockford | $1,052 | 39.6% ($691) | 35 days |
| Urbana | $1,112 | 36.2% ($631) | 50 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Illinois Rental Market FAQs
Explore rental prices, market trends, and availability in Illinois.
The average rent in Illinois is $1,743 per month.
Homes in Illinois typically rent for between $1,051 and $2,896 per month, with an average of $1,743 per month.
In Illinois, the average rent for a 1-bedroom home is $1,502 per month, for a 2-bedroom home, $1,913 per month, and a 3-bedroom home is $2,228 per month.
The average rent in Illinois is 1.8% ($32) lower than the national average of $1,775 per month.
The average rent in Illinois has increased by 2.3% ($40) in the last month and decreased by 4.5% ($82) over the past year.
The rental market in Illinois, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Illinois, the average rental stays on the market for approximately 35 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
Based on the current averages, a household would need an annual income of $76,520 to comfortably afford a 2-bedroom home in Illinois.
