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Cherry Valley, IL Area Guide

Avg Rent

$1,001

Population

3,039

Renter Mix

18% Rent

Living in this Rockford suburb sure is sweet

Suburban Great Location Outdoors

Located one hour northwest of Chicago and 20 minutes east of Rockford, Cherry Valley is lush, wooded suburb. Cherry Valley is a nature enthusiast’s dream, featuring natural spaces and community parks. Baumann Park is a local favorite for fishing and strolls with the Kishwaukee River running through the green space. You can also find locals enjoying the outdoors at Valley Orchard where friends and families pick their apples, raspberries, and other crops.

Although Cherry Valley maintains a rural feeling, residents still enjoy major staples of living in the suburbs. A major shopping and dining center is conveniently located near several neighborhoods. The Cherry Valley Mall offers chain restaurants, big-box stores, and national brands while a trampoline park, bowling alley, and waterpark are nearby for family-friendly entertainment. With Rockford a short drive away, residents have even more shopping and dining options along with thriving nightlife spots, museums, and more. With all of this to offer, Cherry Valley will certainly charm nature lovers, families, and anyone looking for the perfect balance of rural and suburban living while renting.

Demographics

Median Household Income

$76,843

Average: $91,419

Education

702

Residents Have a Degree

Job Market

1,513

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

50 Years

Largest Age Group

60-69 Years

Approximately 16% of Residents

Under 20

19%

Over 65

30%

Housing Distribution

Cherry Valley has more homeowners than renters.

Renters
18%
Non-Renters
82%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
20%
Other Education
80%

Rent Trends

As of July 2026, the average apartment rent in Cherry Valley, IL is $1,001 for one bedroom, and $1,401 for two bedrooms. Apartment rent in Cherry Valley has increased by 0.1% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,001/month
700 Sq Ft
See Rental Market Trends in Cherry Valley, IL

Learn More About Cherry Valley

Getting Around

Somewhat Walkable

Walkability

20 / 100

Exceptionally Drivable

Drivability

100 / 100

Fairly Bikeable

Bikeability

40 / 100

Schools

Cherry Valley Elementary School

Public

Grades K-5

148 Students

Points of Interest

Parks and Recreation

  • Espenscheid Memorial Preserve
  • Blackhawk Springs Preserve
  • Kishwaukee River Preserve
  • McKiski Preserve
  • Deer Run Preserve

Airports

  • Chicago/Rockford International

Top Apartments in Cherry Valley

Houses for Rent in Cherry Valley

Search Nearby Rentals

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.