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Rental Market Trends in Addison, IL

Updated July 2026

The average rent in Addison, IL is $1,216/month.

Rent in Addison is 27% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$1,216/month

Average Rent

667 Sq Ft

Average Size

+1.9%

Change / Year

70

Available Apartments

Addison rent varies by unit size and layout:

  • Studio apartments in Addison average per month.
  • One-bedroom apartments in Addison average $1,216 per month.
  • Two-bedroom apartments in Addison average $1,315 per month.
  • Three-bedroom apartments in Addison average $1,131 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,216/month
667 Sq Ft
Two Bedroom
$1,315/month
807 Sq Ft
Three Bedroom
$1,131/month
1,216 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$2,972/month
1,122 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,715/month
848 Sq Ft
Two Bedroom
$2,454/month
1,548 Sq Ft
View Addison Apartments

How much has average rent changed in Addison, IL?

In the past year, rent has increased by 1.9%, which averages out to $23 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Addison, IL

July 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Addison, IL
Percentage*
Rent Range
0% Below $700/month
10% $700 - $1,000/month
81% $1,001 - $1,500/month
10% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Addison, IL?

Because the average rent in Addison is $1,216, you’ll want to make about $4,053 per month or $48,636 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Addison, IL

70 Available Apartments for Rent

Search for Nearby Apartments

How does Addison, IL compare to other nearby cities and neighborhoods?

Use the tool below to compare Addison, IL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

View the Addison Area Guide

Apartment Averages

Apartment Communities in Addison We Think You'll Love

Wilshire Towers Apartments

Wilshire Towers Apartments

201-207 Regency Dr,
Bloomingdale, IL 60108

1 Bed | $1,585

Orchard Lakes Apartments

Orchard Lakes Apartments

154 Juliann Dr,
Wood Dale, IL 60191

1-2 Beds | $1,570 - $2,240

Ellyn Crossing

Ellyn Crossing

440 Gregory Ave,
Glendale Heights, IL 60139

1-2 Beds | $1,352 - $1,807

Deer Glen Apartments

Deer Glen Apartments

228 Glen Ellyn Rd,
Bloomingdale, IL 60108

1-2 Beds | $1,345 - $1,735

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Frequently Asked Questions

What is the average rent in Addison?

The average rent in Addison is $1,216 per month, which is 26.9% lower than the national average of $1,663.

What is the average rent for a house in Addison?

The average rent for a house in Addison, IL is $2,972 per month.

What is the average rent for a condo in Addison?

The average rent for a condo in Addison, IL is $1,715 per month.

Are rents going up or down in Addison?

Rents in Addison, IL are increasing, with prices up 1.9% year-over-year and $23 more per month.

What rent range is most common in Addison?

In Addison, IL, 81% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States Illinois Addison Rental Trends

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.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity