Rental Market Reports > Single-Family Home Reports > Illinois

This rental market report examines the average rent in Illinois for five of the most analyzed cities on Rentometer in Q3 2023.

Summary - Year-Over-Year Rent Change

This rental market report highlights the Q3 2023 average rent prices for three-bedroom (3-BR) single-family rentals (SFRs) in these five cities: Aurora, Chicago, Naperville, Rockford, and Springfield.

According to our data, Naperville had the largest year-over-year rent increase of 15%, while Springfield had a year-over-year rent decrease of 6%.


  • Geography: This report considers rent changes in Rentometer’s five most analyzed SFR markets in Illinois during Q3 2023.

  • Property Type: 3-BR SFRs with all bathroom counts.

  • Analysis: Rent data was analyzed year-over-year for each city.

  • Data: New rents collected at the beginning and end of each quarter are reported, excluding outliers below $500 and above $10,000.

Year-Over-Year Change in Average Rent: 3-BR SFRs

Rent prices in these five Illinois cities experienced the following year-over-year rent increases in Q3 2023:

  • The average Naperville rent price is $3,024 with a year-over-year rent price increase of 15%
  • The average Rockford rent price is $1,460 with a year-over-year rent price increase of 9%
  • The average Chicago rent price is $2,674 with a year-over-year rent price increase of 3%
  • The average Aurora rent price is $2,212 with a year-over-year rent price increase of 1%
  • The average Springfield rent price is $1,417 with a year-over-year rent price decrease of 6%
City/State Q3 2022
Average Rent
Q3 2023
Average Rent
YoY %
Naperville, IL $2,641 $3,024 15%
Rockford, IL $1,342 $1,460 9%
Chicago, IL $2,606 $2,674 3%
Aurora, IL $2,185 $2,212 1%
Springfield, IL $1,503 $1,417 -6%




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Please note the research and data included in this report is aggregated from a variety of sources and many are third parties that are not affiliated with Rentometer, Inc. The information is believed to be accurate, but Rentometer, Inc. does not provide a warranty of any kind, either expressed or implied.