Rent in Illinois
The median 2-bedroom Fair Market Rent in Illinois is $1,175/mo, ranking #33 out of 51 states for highest rent. This is $75 below the national median of $1,250/mo. Illinois has a population of 12.7M. About 33.2% of households rent their homes. Fair Market Rent data covers 18 areas across the state.
Highlights
All 18 Areas in Illinois
| Area | Studio | 1BR | 2BR | 3BR | Burden | YoY |
|---|---|---|---|---|---|---|
| Kendall County Pop. 9.4M | $1,413 | $1,562 | $2,050 | $2,819 | 27.7% | +17.7% |
| Chicago-Joliet-Naperville Pop. 9.4M | $1,480 | $1,581 | $1,781 | $2,294 | 24.1% | +3.9% |
| Grundy County Pop. 9.4M | $1,032 | $1,118 | $1,459 | $1,979 | 19.7% | -2.1% |
| DeKalb County Pop. 9.4M | $947 | $1,046 | $1,373 | $1,825 | 18.5% | +3.5% |
| Kankakee Pop. 107K | $914 | $1,011 | $1,326 | $1,745 | 23.3% | +13.9% |
| Bloomington Pop. 171K | $927 | $999 | $1,302 | $1,717 | 19.9% | +18% |
| St. Louis Pop. 2.8M | $955 | $995 | $1,218 | $1,568 | 18.7% | +0.7% |
| Springfield Pop. 207K | $829 | $970 | $1,203 | $1,611 | 19.4% | +12.4% |
| Rockford Pop. 337K | $810 | $895 | $1,175 | $1,555 | 21.2% | +14% |
| Davenport-Moline-Rock Island Pop. 382K | $817 | $928 | $1,143 | $1,498 | 19.1% | +19.9% |
| Champaign-Urbana Pop. 236K | $941 | $946 | $1,122 | $1,436 | 20.9% | +7% |
| Decatur Pop. 103K | $840 | $845 | $1,063 | $1,378 | 20.4% | +12.7% |
| Peoria Pop. 366K | $758 | $818 | $1,039 | $1,346 | 17.6% | +7.7% |
| Cape Girardeau Pop. 98K | $763 | $807 | $992 | $1,380 | 17.7% | +6.3% |
| Massac County Pop. 14K | $784 | $789 | $969 | $1,348 | 18.6% | - |
| Bond County Pop. 17K | $632 | $836 | $916 | $1,154 | 17.8% | +2.6% |
| Ford County Pop. 13K | $694 | $698 | $916 | $1,274 | 18.1% | - |
| Macoupin County Pop. 45K | $694 | $698 | $916 | $1,145 | 16% | -2.8% |
Frequently Asked Questions
The median 2-bedroom Fair Market Rent across Illinois is $1,175 per month. Rents range from $916/mo in Macoupin County to $2,050/mo in Kendall County. The actual median gross rent statewide is $1,227/mo according to Census data.
Illinois ranks #33 out of 51 states for highest median Fair Market Rent. The state median 2BR FMR of $1,175/mo is $75 below the national median of $1,250/mo.
The average rent burden across Illinois is 19.9%, meaning a typical household would spend 19.9% of income on a 2-bedroom at Fair Market Rent. No areas exceed HUD's 30% cost-burden threshold. The statewide median household income is $81,702.
The most affordable area in Illinois is Macoupin County with a 2-bedroom Fair Market Rent of $916/mo. The median household income there is $68,518.
The most expensive area in Illinois is Kendall County with a 2-bedroom Fair Market Rent of $2,050/mo. The median household income there is $88,850.
Fair Market Rents represent the 40th percentile of gross rents for standard-quality rental units. State-level income and demographic data comes from the Census Bureau ACS 5-Year estimates. Rent burden is calculated as annual 2BR FMR divided by area median household income.