4925 Fairview Ave
4925 Fairview Ave,
Downers Grove, IL 60515
$1,595 - $1,750
1 Bed
Rental Market Trends in Downers Grove, IL
What is the average rent in Downers Grove, IL?
$1,790/month
Average Rent
769 Sq Ft
Average Apartment Size
+3.4%
Increase in the Last Year
As of April 2026, the average rent in Downers Grove, IL is $1,790 per month. For comparison, the national average rent price in the US is currently $1,641/month, which means Downers Grove rent prices are 9% higher than the national average. When you rent an apartment in Downers Grove, you can expect to pay about $1,756 per month for a studio, $1,790 for a one-bedroom apartment, and around $2,236 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,584 or more.
Floor Plan Type
Average Rent
Average 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 Downers Grove, IL?
In the past year, rent has increased by 3.4%, which averages out to $61 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 April 2026
Legend
2025
2026
Rent Ranges in Downers Grove, IL
Last Updated April 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
17%
$700 - $1,000/month
21%
$1,001 - $1,500/month
34%
$1,501 - $2,000/month
28%
Above $2,000/month
What salary do I need to live comfortably in Downers Grove, IL?
Because the average rent in Downers Grove is $1,790, you’ll want to make about $5,966 per month or $71,592 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.
How does Downers Grove, IL compare to other nearby cities and neighborhoods?
Use the tool below to compare Downers Grove, 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.
Nearby City Rent Trends
Apartment communities in Downers Grove we think you'll love
Property Management Companies in Downers Grove, IL
RPM
-
652
Communities
-
179,356
Units
-
258
Cities
4 Communities in Downers Grove
Greystar
-
3,487
Communities
-
959,176
Units
-
891
Cities
3 Communities in Downers Grove
Trinity Property Consultants
-
171
Communities
-
42,756
Units
-
97
Cities
2 Communities in Downers Grove
Morgan Properties
-
391
Communities
-
108,355
Units
-
238
Cities
1 Community in Downers Grove
BH
-
272
Communities
-
83,796
Units
-
157
Cities
1 Community in Downers Grove
Village Green
-
163
Communities
-
33,452
Units
-
93
Cities
1 Community in Downers Grove
Two Coast Living
-
90
Communities
-
27,663
Units
-
77
Cities
1 Community in Downers Grove
Waterton
-
74
Communities
-
28,604
Units
-
49
Cities
1 Community in Downers Grove
Learn More with Helpful Articles
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
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 February 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.