Rental Markets in Illinois
DoorBase tracks rental market data across Illinois by ZIP code. This state page is a crawlable index for investors comparing rents, cap-rate estimates, vacancy, demographics, home values, renter share, household income, and employment conditions before drilling into individual ZIP pages.
Illinois Rental Market Overview
The current sample of indexable Illinois ZIP markets shows average median rent of $1,973, average median home value of $369,988, average cap-rate high of 5.0%, average vacancy of 7.0%, renter ratio near 38.8%, and median household income around $88,793. These statewide figures are directional and should be used to compare markets before reviewing a specific ZIP code.
Illinois is not one rental market. Large cities, inner suburbs, commuter towns, college markets, rural counties, resort areas, and industrial corridors can produce very different rent levels and ownership economics. DoorBase keeps the canonical content at the ZIP level so investors can move from a broad state view into the most precise local data available.
Featured Illinois ZIP Markets
| ZIP | City | Rent | Cap Rate | Vacancy | Population |
|---|
| 60629 |
Chicago |
$1,398 |
2.9-4.5% |
5.7% |
109,292 |
| 60618 |
Chicago |
$2,261 |
2-3.6% |
8.1% |
91,896 |
| 60632 |
Chicago |
$1,547 |
3.1-4.7% |
6.2% |
87,831 |
| 60647 |
Chicago |
$2,339 |
2.1-3.7% |
8.4% |
85,589 |
| 60639 |
Chicago |
$1,776 |
3-4.6% |
6.8% |
84,505 |
| 60804 |
Cicero |
$1,304 |
2.6-4.2% |
6.4% |
83,223 |
| 60608 |
Chicago |
$1,867 |
2.9-4.5% |
7.8% |
81,459 |
| 60617 |
Chicago |
$1,489 |
5.2-6.8% |
13.7% |
79,284 |
| 60625 |
Chicago |
$1,925 |
2.5-4.1% |
6.6% |
78,467 |
| 60623 |
Chicago |
$1,597 |
4.3-5.9% |
12.3% |
77,061 |
| 60634 |
Chicago |
$1,825 |
2.7-4.3% |
6% |
74,418 |
| 60085 |
Waukegan |
$1,730 |
4.4-6% |
4.7% |
72,763 |
| 60657 |
Chicago |
$2,527 |
2.6-4.2% |
6.2% |
71,268 |
| 60614 |
Chicago |
$2,866 |
2.3-3.9% |
9.2% |
70,444 |
| 60641 |
Chicago |
$1,857 |
2.4-4% |
7% |
67,400 |
| 60640 |
Chicago |
$2,018 |
3.1-4.7% |
7.6% |
66,884 |
| 60620 |
Chicago |
$1,359 |
4.4-6% |
13.7% |
66,511 |
| 60609 |
Chicago |
$1,608 |
3.7-5.3% |
11.3% |
64,268 |
| 60651 |
Chicago |
$1,819 |
3.7-5.3% |
8.8% |
63,892 |
| 60402 |
Berwyn |
$1,416 |
2.4-4% |
7.8% |
63,867 |
| 60073 |
Round Lake |
$2,347 |
5.2-6.8% |
4.5% |
62,000 |
| 60016 |
Des Plaines |
$2,035 |
3.5-5.1% |
6.9% |
60,520 |
| 60619 |
Chicago |
$1,364 |
4.8-6.4% |
16.5% |
59,892 |
| 60628 |
Chicago |
$1,736 |
7.4-9% |
19.4% |
59,212 |
| 60638 |
Chicago |
$1,514 |
2.5-4.1% |
3.8% |
58,250 |
| 60505 |
Aurora |
$1,631 |
3.8-5.4% |
7.2% |
58,176 |
| 60453 |
Oak Lawn |
$1,744 |
3.4-5% |
5.9% |
57,098 |
| 60056 |
Mount Prospect |
$1,763 |
2-3.6% |
4.7% |
55,989 |
| 60616 |
Chicago |
$1,801 |
3.1-4.7% |
5.8% |
54,456 |
| 60630 |
Chicago |
$1,833 |
2.3-3.9% |
7.2% |
54,242 |
| 60622 |
Chicago |
$2,563 |
2-3.6% |
7.4% |
53,696 |
| 61761 |
Normal |
$1,401 |
3-4.6% |
9.5% |
53,404 |
| 60637 |
Chicago |
$1,826 |
4.6-6.2% |
15.3% |
52,418 |
| 60411 |
Chicago Heights |
$1,619 |
5.6-7.2% |
13.7% |
52,395 |
| 60148 |
Lombard |
$2,087 |
3.1-4.7% |
6% |
52,358 |
| 60440 |
Bolingbrook |
$2,662 |
4.9-6.5% |
1.9% |
52,074 |
| 60004 |
Arlington Heights |
$2,116 |
2.2-3.8% |
4.5% |
51,884 |
| 60613 |
Chicago |
$2,258 |
3.7-5.3% |
7.9% |
51,334 |
| 60120 |
Elgin |
$1,688 |
3.2-4.8% |
3.4% |
50,774 |
| 60626 |
Chicago |
$1,730 |
3.9-5.5% |
10.1% |
50,027 |
| 60506 |
Aurora |
$2,119 |
4-5.6% |
2.9% |
49,886 |
| 60123 |
Elgin |
$1,753 |
3.2-4.8% |
3.6% |
48,821 |
| 60649 |
Chicago |
$1,319 |
5.8-7.4% |
13.9% |
48,720 |
| 60435 |
Joliet |
$1,584 |
3.3-4.9% |
6% |
48,521 |
| 60014 |
Crystal Lake |
$1,976 |
3-4.6% |
2.6% |
48,383 |
| 60644 |
Chicago |
$1,390 |
3.6-5.2% |
9.1% |
48,317 |
| 60643 |
Chicago |
$2,105 |
5.5-7.1% |
6.4% |
47,802 |
| 60126 |
Elmhurst |
$2,485 |
2-3.6% |
4.8% |
47,759 |
| 60564 |
Naperville |
$2,739 |
2-3.6% |
2.2% |
47,243 |
| 60645 |
Chicago |
$1,877 |
3.5-5.1% |
8.4% |
46,856 |
| 60010 |
Barrington |
$2,950 |
2.1-3.7% |
5.6% |
45,970 |
| 60610 |
Chicago |
$2,945 |
4.6-6.2% |
9.8% |
45,282 |
| 60047 |
Lake Zurich |
$3,483 |
2.9-4.5% |
3.3% |
44,100 |
| 61265 |
Moline |
$1,061 |
4.3-5.9% |
7.5% |
43,851 |
| 60201 |
Evanston |
$2,709 |
2.6-4.2% |
8.1% |
43,555 |
| 60089 |
Buffalo Grove |
$2,383 |
3-4.6% |
3% |
42,781 |
| 60615 |
Chicago |
$1,862 |
4.5-6.1% |
10.3% |
42,752 |
| 60660 |
Chicago |
$1,919 |
3.7-5.3% |
9.2% |
42,750 |
| 60540 |
Naperville |
$2,331 |
1.8-3.4% |
6.2% |
42,660 |
| 60115 |
DeKalb |
$1,379 |
3-4.6% |
7% |
42,461 |
Notable ZIP Markets in This Sample
The highest estimated cap-rate band in this sample tops out at 9.0% in ZIP 60628 (Chicago).
The lowest vacancy in this sample is 0.9% in ZIP 60543 (Oswego).
The highest median rent in this sample is $3,483 in ZIP 60047 (Lake Zurich).
The highest median household income in this sample is $176,250 in ZIP 60564 (Naperville).
Rental Markets by City
Chicago
Chicago has 35 ZIP codes in this sample. Median rents range from $1,319 to $2,945. Estimated cap-rate bands reach up to 9.0% at the high end. Vacancy averages 9.0%. See ZIP 60629 for the full market profile.
Naperville
Naperville has 4 ZIP codes in this sample. Median rents range from $2,160 to $2,739. Estimated cap-rate bands reach up to 4.1% at the high end. Vacancy averages 4.1%. See ZIP 60564 for the full market profile.
Aurora
Aurora has 3 ZIP codes in this sample. Median rents range from $1,631 to $2,227. Estimated cap-rate bands reach up to 5.6% at the high end. Vacancy averages 5.6%. See ZIP 60505 for the full market profile.
Elgin
Elgin has 2 ZIP codes in this sample. Median rents range from $1,688 to $1,753. Estimated cap-rate bands reach up to 4.8% at the high end. Vacancy averages 3.5%. See ZIP 60120 for the full market profile.
Cicero
Cicero has 1 ZIP code in this sample. Sample median rent is $1,304. Estimated cap-rate bands reach up to 4.2% at the high end. Vacancy averages 6.4%. See ZIP 60804 for the full market profile.
Waukegan
Waukegan has 1 ZIP code in this sample. Sample median rent is $1,730. Estimated cap-rate bands reach up to 6.0% at the high end. Vacancy averages 4.7%. See ZIP 60085 for the full market profile.
Berwyn
Berwyn has 1 ZIP code in this sample. Sample median rent is $1,416. Estimated cap-rate bands reach up to 4.0% at the high end. Vacancy averages 7.8%. See ZIP 60402 for the full market profile.
Round Lake
Round Lake has 1 ZIP code in this sample. Sample median rent is $2,347. Estimated cap-rate bands reach up to 6.8% at the high end. Vacancy averages 4.5%. See ZIP 60073 for the full market profile.
Des Plaines
Des Plaines has 1 ZIP code in this sample. Sample median rent is $2,035. Estimated cap-rate bands reach up to 5.1% at the high end. Vacancy averages 6.9%. See ZIP 60016 for the full market profile.
Oak Lawn
Oak Lawn has 1 ZIP code in this sample. Sample median rent is $1,744. Estimated cap-rate bands reach up to 5.0% at the high end. Vacancy averages 5.9%. See ZIP 60453 for the full market profile.
Mount Prospect
Mount Prospect has 1 ZIP code in this sample. Sample median rent is $1,763. Estimated cap-rate bands reach up to 3.6% at the high end. Vacancy averages 4.7%. See ZIP 60056 for the full market profile.
Normal
Normal has 1 ZIP code in this sample. Sample median rent is $1,401. Estimated cap-rate bands reach up to 4.6% at the high end. Vacancy averages 9.5%. See ZIP 61761 for the full market profile.
How to Use the Illinois Directory
Start with the state page to understand the range of rental markets, then open individual ZIP pages for the numbers that matter most to underwriting. A state average can hide important local differences. One ZIP may have stronger rent growth and lower vacancy while a nearby ZIP has better purchase prices but weaker renter demand.
The most useful investor workflow is to compare rent, cap rate, vacancy, home value, renter ratio, household income, population growth, unemployment, and job growth together. No single number is enough. A high cap-rate estimate can be offset by weak income, high vacancy, or limited tenant demand. A lower cap-rate estimate can still make sense if the market has strong income, job growth, and durable renter demand.
State Coverage and Internal Links
This page links into the canonical ZIP URL structure, such as /rentals/il/30318, without bringing back city parent pages. That structure keeps DoorBase clean for search engines: state pages organize the directory, ZIP pages hold the canonical data, and future market guides can exist separately as heavier editorial SEO hubs.
DoorBase currently tracks 80 sampled ZIP markets across 40 Illinois cities in this crawlable state summary. The live React page may show a broader interactive directory after JavaScript loads, while this fallback body ensures crawlers receive meaningful text and links immediately.
Related DoorBase Pages