Homes for Rent in Wheeling, IL

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What to Know About

Life in Wheeling & Beyond

Wheeling 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

Wheeling, IL

As of July 2025, Wheeling's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Wheeling's average rent is 19.9% ($346) higher than the Illinois average of $1,743 and 17.7% ($314) higher than the U.S. average of $1,775.

Average Rent
$2,089
Monthly ChangeMonth Over Month Change
Decreased4.5% ($98)
Yearly ChangeYear Over Year Change
Increased9% ($172)
Avg. Days on MarketAverage Days on Market
29
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,943 Decreased0.3% ($5) Increased10.5% ($185)
2 Beds $2,305 Decreased2.3% ($55) Increased9.6% ($202)
3 Beds $2,685 Decreased2.3% ($64) Decreased18.6% ($615)
Nearby Cities Average Rent Avg. Rent vs. WheelingAverage Rent vs. Wheeling Avg. Days on MarketAverage Days on Market
Buffalo Grove $2,804 Increased34.2% ($715) 30 days
Arlington Heights $1,979 Decreased5.3% ($110) 30 days
Deerfield $3,303 Increased58.1% ($1214) 29 days
Mount Prospect $2,173 Increased4% ($84) 30 days
Lincolnshire $3,018 Increased44.5% ($929) 28 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Wheeling Rental Market FAQs

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

The average rent in Wheeling, IL is $2,089 per month.
Homes in Wheeling typically rent for between $1,360 and $3,491 per month, with an average of $2,089 per month.
In Wheeling, the average rent for a 1-bedroom home is $1,943 per month, for a 2-bedroom home, $2,305 per month, and a 3-bedroom home is $2,685 per month.
The average rent in Wheeling is 17.7% ($314) higher than the national average of $1,775 per month.
The average rent in Wheeling has decreased by 4.5% ($98) in the last month and increased by 9.0% ($172) over the past year.
The rental market in Wheeling, IL, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Wheeling, IL, the average rental stays on the market for approximately 29 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 14 rental properties available in Wheeling, IL.
Based on the current averages, a household would need an annual income of $92,200 to comfortably afford a 2-bedroom home in Wheeling.
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