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

Libertyville, IL

As of July 2025, Libertyville's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Libertyville's average rent is 7.6% ($133) lower than the Illinois average of $1,743 and 9.3% ($165) lower than the U.S. average of $1,775.

Average Rent

$1,610

Monthly ChangeMonth Over Month Change

0.1% ($1)

Yearly ChangeYear Over Year Change

31.5% ($741)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,302	2.7% ($34)	34.3% ($679)
2 Beds	$1,658	2.7% ($43)	35% ($893)
3 Beds	$1,931	2.7% ($50)	32.7% ($937)

Nearby Cities	Average Rent	Avg. Rent vs. LibertyvilleAverage Rent vs. Libertyville	Avg. Days on MarketAverage Days on Market
Vernon Hills	$2,851	77.1% ($1241)	26 days
Lake Bluff	$2,077	29% ($467)	27 days
Mundelein	$2,053	27.5% ($443)	27 days
Lake Forest	$5,489	240.9% ($3879)	25 days
Grayslake	$3,140	95% ($1530)	27 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Libertyville Rental Market FAQs

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

What is the average rent in Libertyville, IL?

The average rent in Libertyville, IL is $1,610 per month.

What is the rental price range for homes in Libertyville, IL?

Homes in Libertyville typically rent for between $911 and $2,510 per month, with an average of $1,610 per month.

What is the average rent for different bedroom sizes in Libertyville, IL?

In Libertyville, the average rent for a 1-bedroom home is $1,302 per month, for a 2-bedroom home, $1,658 per month, and a 3-bedroom home is $1,931 per month.

How do rent prices in Libertyville, IL compare with the national average?

The average rent in Libertyville is 9.3% ($165) lower than the national average of $1,775 per month.

How have rent prices in Libertyville, IL changed recently?

The average rent in Libertyville has decreased by 0.1% ($1) in the last month and decreased by 31.5% ($741) over the past year.

How competitive is the rental market in Libertyville, IL?

The rental market in Libertyville, IL, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Libertyville, IL?

In Libertyville, IL, the average rental stays on the market for approximately 28 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Libertyville, IL?

There are currently 6 rental properties available in Libertyville, IL.

Can I afford to rent a home in Libertyville, IL?

Based on the current averages, a household would need an annual income of $66,320 to comfortably afford a 2-bedroom home in Libertyville.