Average Rent in Vernon Hills, IL

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Current Versus Historical Vernon Hills, IL Rents

Vernon Hills rentals average $2,074 for a studio rental to $3,900 for a 4-bedroom rental. The median price of all currently available listings is $2,481, or roughly $24 per square feet.

For the apartment units and housing in October 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $48 (-2.25%) year-over-year from $2,121 to $2,074. 1-bedroom rentals prices have increased by $66 (3.01%) year-over-year from $2,203 to $2,269. 2-bedroom rentals prices have decreased by $187 (-8.16%) year-over-year from $2,287 to $2,100. 3-bedroom rentals prices have increased by $287 (9.28%) year-over-year from $3,088 to $3,375. 4-bedroom rentals prices have increased by $367 (10.38%) year-over-year from $3,533 to $3,900. 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 up by 2.11% this month. 1-bedroom rents have gone up by 17.28% this month. 2-bedroom rents have gone down by 0.79% this month. 3-bedroom rents have gone up by 1.25% this month. 4-bedroom rents have gone down by 1.89% this month.

Beds	Price / Sqft	Oct 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$41.61	$2,074	$2,121 (-2.25%)	$2,074 (0%)
1 BR	$34.38	$2,269	$2,203 (3.01%)	$1,463 (55.15%)
2 BR	$25.32	$2,100	$2,287 (-8.16%)	$1,758 (19.43%)
3 BR	$20.10	$3,375	$3,088 (9.28%)	$2,908 (16.05%)
4+ BR	$16.90	$3,900	$3,533 (10.38%)	$3,950 (-1.27%)

Historical Rents in Vernon Hills, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Vernon Hills

There are a total of 1 cities nearby Vernon Hills. The average rent in Vernon Hills is currently $2,300 per month. Only one city nearby has an average rent lower than that. Our records show that Palatine, IL, with an average rent of $2,300, is the most affordable city nearby. In contrast, the most expensive city near Vernon Hills, IL is Palatine, IL. Monthly rents here are on average $2,300 per month.

Let's compare Vernon Hills, IL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Vernon Hills, IL is 37.30% more expensive than other cities nearby. One bedrooms are about 32.86% more expensive. Two bedrooms in Vernon Hills, IL are about 2.38% more expensive. Finally, rent for three bedrooms are about 11.11% more expensive. Want more information? Check out the top 1 cities near Vernon Hills, IL in the following table.

City	Studio	1 Bed	2 Bed	All
Palatine, IL	$1,300	$1,500	$2,050	$2,300

Top Neighborhoods Near Vernon Hills

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Vernon Hills

There are a total of 2 counties located by Vernon Hills, IL. Some of these counties include Libertyville, IL and Vernon, IL. The average rent for rentals in these counties is $2,752. That's roughly around $23 per sqft. A total of one county has a lower average rent. The county that is the most affordable is Libertyville, IL. Its average rent per month is $2,304. Vice versa, with an average rent of $3,200, Vernon, IL is the most expensive county by Vernon Hills, IL.

Typically, rent for studios in Vernon Hills, IL is 51.68% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Vernon Hills, IL is 14.95% more expensive than other counties nearby. Finally, rent for two bedrooms in Vernon Hills, IL is 3.57% more affordable than other counties nearby. We've listed all of these counties in the table below.

County	Studio	1 Bed	2 Bed	All
Libertyville, IL	$2,004	$1,988	$2,150	$2,304
Vernon, IL	N/A	$1,813	$2,200	$3,200

Top Zipcodes Near Vernon Hills

Zipcode	Studio	1 Bed	2 Bed	All

Frequently Asked Questions - Vernon Hills Average Rents

What is the average rent price in Vernon Hills, IL?

The average monthly rental price for Vernon Hills, IL apartments for rent is approximately $2,481. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Vernon Hills, 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 Vernon Hills, IL.

How much is a studio apartment in Vernon Hills, IL?

The average monthly rental price for studio apartments is $2,074 and an average price per square feet of $41.61. There are a total of 2 studio apartment listings currently available for rent in Vernon Hills.

How much is a one bedroom apartment in Vernon Hills, IL?

The average monthly rental price for one bedroom apartments is $2,234 and an average price per square feet of $34.38. There are a total of 9 one bedroom apartment listings currently available for rent in Vernon Hills.

How much is a two bedroom apartment in Vernon Hills, IL?

The average monthly rental price for two bedroom apartments is $2,100 and an average price per square feet of $25.32. There are a total of 29 two bedroom apartment listings currently available for rent in Vernon Hills.

How have rent prices in Vernon Hills, IL changed this year?

Rent prices for rentals in Vernon Hills, IL can fluctuate yearly. Specifically, studio rental prices have changed by -0.02%, one bedroom rental prices have changed by 0.03%, two bedroom rental prices have changed by -0.08%, three bedroom rental prices have changed by 0.09% year-over-year.

What is a reasonable rent price in Vernon Hills, IL?

A reasonable rent price in Vernon Hills, IL is around $1,985/month. You can search for these reasonably priced rental listings on RentHop.