Average Rent in Wheeling, IL

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Current Versus Historical Wheeling, IL Rents

Wheeling rentals average $2,300 for a 2-bedroom rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $2,800, or roughly $2 per square feet.
For the apartment units and housing in December 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $727 (49.34%) year-over-year from $1,473 to $2,199. 1-bedroom rentals prices have increased by $339 (15.99%) year-over-year from $2,122 to $2,461. 2-bedroom rentals prices have decreased by $310 (-11.86%) year-over-year from $2,610 to $2,300. 3-bedroom rentals prices have increased by $550 (21.15%) year-over-year from $2,600 to $3,150. 4-bedroom rentals prices have decreased by $513 (-13.46%) year-over-year from $3,808 to $3,295. 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 22.21% this month. 1-bedroom rents have gone up by 12.98% this month. 2-bedroom rents have gone down by 8.84% this month. 3-bedroom rents have gone up by 1.07% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
Dec 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
2 BR $2.09 $2,300 $2,610 (-11.86%) $2,512 (-8.45%)
3 BR $2.05 $3,150 $2,600 (21.15%) $1,799 (75.08%)

Historical Rents in Wheeling, IL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Wheeling



Let's compare Wheeling, IL's rent against other top cities nearby by bedroom size.
City Studio 1 Bed 2 Bed All

Top Neighborhoods Near Wheeling



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Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Wheeling



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County Studio 1 Bed 2 Bed All

Top Zipcodes Near Wheeling



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

Frequently Asked Questions - Wheeling Average Rents

What is the average rent price in Wheeling, IL?
The average monthly rental price for Wheeling, IL apartments for rent is approximately $2,800. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Wheeling, 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 Wheeling, IL.
How much is a studio apartment in Wheeling, 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 Wheeling.
How much is a one bedroom apartment in Wheeling, 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 Wheeling.
How much is a two bedroom apartment in Wheeling, IL?
The average monthly rental price for two bedroom apartments is $2,300 and an average price per square feet of $2.09. There are a total of 4 two bedroom apartment listings currently available for rent in Wheeling.
How have rent prices in Wheeling, IL changed this year?
Rent prices for rentals in Wheeling, IL can fluctuate yearly. Specifically, studio rental prices have changed by 0.49%, one bedroom rental prices have changed by 0.16%, two bedroom rental prices have changed by -0.12%, and three bedroom rental prices have changed by 0.21% year-over-year.
What is a reasonable rent price in Wheeling, IL?
A reasonable rent price in Wheeling, IL is around $2,240/month. You can search for these reasonably priced rental listings on RentHop.
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