Average Rent in Joliet, IL

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Current Versus Historical Joliet, IL Rents

Joliet rentals average $2,100 for a 2-bedroom rental to $2,575 for a 4-bedroom rental. The median price of all currently available listings is $2,200, or roughly $1 per square feet.
For the apartment units and housing in April 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $1 (4.65%) year-over-year from $14 to $15. 1-bedroom rentals prices have increased by $172 (16.53%) year-over-year from $1,038 to $1,210. 2-bedroom rentals prices have increased by $390 (23.89%) year-over-year from $1,633 to $2,023. 3-bedroom rentals prices have increased by $157 (7.40%) year-over-year from $2,118 to $2,275. 4-bedroom rentals prices have decreased by $176 (-6.05%) year-over-year from $2,908 to $2,733. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 4.26% this month. 1-bedroom rents have gone up by 4.01% this month. 2-bedroom rents have gone up by 16.79% this month. 3-bedroom rents have gone up by 2.25% this month. 4-bedroom rents have gone down by 0.43% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
2 BR $1.50 $2,023 $1,633 (23.89%) $1,375 (47.09%)
3 BR $1.64 $2,275 $2,118 (7.40%) $1,892 (20.26%)
4+ BR $1.44 $2,733 $2,908 (-6.05%) $2,029 (34.66%)

Historical Rents in Joliet, IL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Joliet

There are a total of 1 cities nearby Joliet. The average rent in Joliet is currently $2,825 per month. Our records show that Naperville, IL, with an average rent of $2,825, is the most affordable city nearby. In contrast, the most expensive city near Joliet, IL is Naperville, IL. Monthly rents here are on average $2,825 per month.

Let's compare Joliet, IL's rent against other top cities nearby by bedroom size. One bedrooms are about inf% more affordable. Two bedrooms in Joliet, IL are about 4.76% more affordable. Finally, rent for three bedrooms are about 21.28% more affordable. Want more information? Check out the top 1 cities near Joliet, IL in the following chart.
City Studio 1 Bed 2 Bed All
Naperville, IL N/A $1,650 $2,200 $2,825

Top Neighborhoods Near Joliet



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Joliet

The average rent for rentals in these counties is $2,188. That's roughly around $2 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Downers Grove, IL. It's average rent per month is $2,188. Vice versa, with an average rent of $2,188, Downers Grove, IL is the most expensive county by Joliet, IL.

In comparison, rent for one bedroom listings in Joliet, IL is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in Joliet, IL is 4.76% more affordable than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Downers Grove, IL N/A $1,828 $2,200 $2,188

Top Zipcodes Near Joliet



You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All

Frequently Asked Questions - Joliet Average Rents

What is the average rent price in Joliet, IL?
The average monthly rental price for Joliet, IL apartments for rent is approximately $2,200. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Joliet, IL rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Joliet, IL.
How much is a studio apartment in Joliet, IL?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Joliet.
How much is a one bedroom apartment in Joliet, IL?
The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 0 one bedroom apartment listings currently available for rent in Joliet.
How much is a two bedroom apartment in Joliet, IL?
The average monthly rental price for two bedroom apartments is $2,100 and an average price per square feet of $1.50. There are a total of 5 two bedroom apartment listings currently available for rent in Joliet.
How have rent prices in Joliet, IL changed this year?
Rent prices for rentals in Joliet, IL can fluctuate yearly. Specifically, studio rental prices have changed by 0.05%, one bedroom rental prices have changed by 0.17%, two bedroom rental prices have changed by 0.24%, and three bedroom rental prices have changed by 0.07% year-over-year.
What is a reasonable rent price in Joliet, IL?
A reasonable rent price in Joliet, IL is around $1,760/month. You can search for these reasonably priced rental listings on RentHop.
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