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Rental Market Trends in Joliet, IL

What is the average rent in Joliet, IL?

$1,362/month

Average Rent

603 Sq Ft

Average Apartment Size

+3.3%

Increase in the Last Year

As of March 2026, the average rent in Joliet, IL is $1,362 per month. This is 16% lower than the national average rent of $1,626/month, making renting in Joliet more affordable than most cities in the US. When you rent an apartment in Joliet, you can expect to pay about $1,178 per month for a studio, $1,362 for a one-bedroom apartment, and around $1,610 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,684 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,178/month
316 Sq Ft
One Bedroom
$1,362/month
603 Sq Ft
Two Bedroom
$1,610/month
936 Sq Ft
Three Bedroom
$1,684/month
1,437 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,053/month
928 Sq Ft
Three Bedroom
$2,445/month
1,471 Sq Ft
Four Bedroom
$3,167/month
2,387 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,442/month
960 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,620/month
1,760 Sq Ft

How much has average rent changed in Joliet, IL?

In the past year, rent has increased by 3.3%, which averages out to $46 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 March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Joliet, IL
Last Updated March 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Joliet, IL
Percentage*
Rent Range
2% Below $700/month
28% $700 - $1,000/month
55% $1,001 - $1,500/month
5% $1,501 - $2,000/month
10% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Joliet?

Based on current rent prices, Old Plank and Old Plank Road Estates" are the most affordable neighborhoods in Joliet.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Old Plank
$1,875/month
637 Sq Ft
Old Plank Road Estates
$1,875/month
637 Sq Ft

What are the most expensive neighborhoods in Joliet?

Based on current rent prices, Old Plank and Old Plank Road Estates" are the most expensive neighborhoods in Joliet.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Old Plank
$1,875/month
637 Sq Ft
Old Plank Road Estates
$1,875/month
637 Sq Ft

Which Joliet neighborhoods have the most rentals available?

The neighborhoods in Joliet with the most apartments available are Old Plank and Old Plank Road Estates" .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Old Plank
$1,875/month
637 Sq Ft
Old Plank Road Estates
$1,875/month
637 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Joliet is $1,362, you’ll want to make about $4,540 per month or $54,480 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.

Cost of Living

The cost of living in Joliet, IL is 8.9% lower than the national average. Generally, housing in Joliet is 23.9% less expensive than the national average, with rent falling between $1,178 - $1,684. You can expect to pay 1.5% more for groceries, 7.9% less for utilities, and 0.2% more for transportation.

City

Joliet, IL

387 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Joliet, 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.

Explore the Area Guide for Joliet, IL

Apartment Averages

Old Plank

Joliet, IL

Old Plank

Joliet, IL

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
Search

Nearby City Rent Trends

  • Crest Hill Average Rent
  • Channahon Average Rent
  • Plainfield Average Rent
  • Romeoville Average Rent
  • Lockport Average Rent

Apartment communities in Joliet we think you'll love

Sutton Place Apartments

Sutton Place Apartments

1200 Rock Run Dr,
Crest Hill, IL 60403

$1,325 - $1,595

1-2 Beds

Timber Pointe Apartments

Timber Pointe Apartments

510 Timber Pointe Dr,
Joliet, IL 60431

$1,895 - $2,545

1-2 Beds

Bays Tower Apartments

Bays Tower Apartments

311 N Ottawa St,
Joliet, IL 60432

$1,250 - $1,650

1-2 Beds

The View at Rock Run

The View at Rock Run

1201 Rock Run Xing,
Joliet, IL 60403

$1,825 - $3,065

Studio - 2 Beds

Property Management Companies in Joliet, IL

Axiom Properties
Axiom Properties
  • 31

    Communities

  • 6,663

    Units

  • 22

    Cities

2 Communities in Joliet
Village Green
Village Green
  • 163

    Communities

  • 33,387

    Units

  • 94

    Cities

1 Community in Joliet
The Richman Group of Companies
The Richman Group of Companies
  • 27

    Communities

  • 7,615

    Units

  • 20

    Cities

1 Community in Joliet
Bayshore Properties
Bayshore Properties
  • 20

    Communities

  • 7,902

    Units

  • 17

    Cities

1 Community in Joliet

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United States Illinois Joliet 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 February 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity