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Rental Market Trends in Harvard, IL

Updated August 2026

The average rent in Harvard, IL is $1,142/month.

Rent in Harvard is 31% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$1,142/month

Average Rent

688 Sq Ft

Average Size

+3.1%

Change / Year

19

Available Apartments

Harvard rent varies by unit size and layout:

  • Studio apartments in Harvard average $1,053 per month.
  • One-bedroom apartments in Harvard average $1,142 per month.
  • Two-bedroom apartments in Harvard average $1,203 per month.
  • Three-bedroom apartments in Harvard average $1,558 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,053/month
570 Sq Ft
One Bedroom
$1,142/month
688 Sq Ft
Two Bedroom
$1,203/month
950 Sq Ft
Three Bedroom
$1,558/month
1,220 Sq Ft
View Harvard Apartments

How much has average rent changed in Harvard, IL?

In the past year, rent has increased by 3.1%, which averages out to $35 more per month.

Market Trends Over Time

August 2026

2025 2026
Market Trends Over Time

Rent Ranges in Harvard, IL

August 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Harvard, IL
Percentage*
Rent Range
0% Below $700/month
50% $700 - $1,000/month
50% $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 Harvard, IL?

Because the average rent in Harvard is $1,142, you’ll want to make about $3,806 per month or $45,672 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

Harvard, IL

19 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Harvard, 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 Harvard Area Guide

Apartment Averages

Apartment Communities in Harvard We Think You'll Love

Autumn Glen Apartment Homes

Autumn Glen Apartment Homes

52-108 Autumn Glen Dr,
Harvard, IL 60033

2 Beds | Call for Rent

Northfield Court

Northfield Court

1410 Northfield Ct,
Harvard, IL 60033

1-2 Beds | $1,151 - $1,428

1000 W Roosevelt St

1000 W Roosevelt St

1000 W Roosevelt St,
Harvard, IL 60033

1 Bed | $1,150

1308 8th St

1308 8th St

1308 8th St,
Harvard, IL 60033

3 Beds | $2,300

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Frequently Asked Questions

What is the average rent in Harvard?

The average rent in Harvard is $1,142 per month, which is 31.3% lower than the national average of $1,663.

Are rents going up or down in Harvard?

Rents in Harvard, IL are increasing, with prices up 3.1% year-over-year and $35 more per month.

What rent range is most common in Harvard?

In Harvard, IL, 50% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

United States Illinois Harvard 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