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Rental Market Trends in Byron, IL

What is the average rent in Byron, IL?

$425/month

Average Rent

0 Sq Ft

Average Apartment Size

+1%

Increase in the Last Year

As of July 2025, the average rent in Byron, IL is $425 per month. This is 74% lower than the national average rent of $1,636/month, making renting in Byron more affordable than most cities in the US. When you rent an apartment in Byron, you can expect to pay about per month for a studio, $425 for a one-bedroom apartment, and around $546 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$425/month
0 Sq Ft
Two Bedroom
$546/month
0 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Byron, IL?

In the past year, rent has increased by 1%, which averages out to $5 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Byron, IL
Last Updated July 2025
Below $701
Most rental prices fall within this range
Rent Ranges in Byron, IL
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Byron is $425, you’ll want to make about $1,416 per month or $16,992 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

Byron, IL

1 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Byron, 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.

Apartment Averages

Nearby City Rent Trends

  • Rockford Average Rent
  • Cherry Valley Average Rent
  • Loves Park Average Rent

Apartment communities in Byron we think you'll love

137 E Front St

137 E Front St

137 E Front St,
Byron, IL 61010

3 Beds | $1,400

Nu-State Apartments

Nu-State Apartments

119 N Church st,
Rockford, IL 61101

Studio - 2 Beds | Call for Rent

Water Power Lofts

Water Power Lofts

700 S Main St,
Rockford, IL 61101

1-2 Beds | $1,200 - $2,250

Luther Center Senior Apartments

Luther Center Senior Apartments

111 W State St,
Rockford, IL 61101

1-2 Beds | $1,100 - $1,300

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United States Illinois Byron 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 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity