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Rental Market Trends in Joliet, IL

What is the average rent in Joliet, IL?

$1,323/month

Average Rent

569 Sq Ft

Average Apartment Size

-0.5%

Decrease in the Last Year

As of June 2026, the average rent in Joliet, IL is $1,323 per month. This is 20% lower than the national average rent of $1,644/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 $1,163 per month for a studio, $1,323 for a one-bedroom apartment, and around $1,621 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,701 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,163/month
316 Sq Ft
One Bedroom
$1,323/month
569 Sq Ft
Two Bedroom
$1,621/month
954 Sq Ft
Three Bedroom
$1,701/month
1,437 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,662/month
1,647 Sq Ft
Four Bedroom
$3,343/month
2,424 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,265/month
772 Sq Ft
Two Bedroom
$1,628/month
1,083 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Joliet, IL?

In the past year, rent has decreased by 0.5%, which averages out to $6 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Joliet, IL
Last Updated June 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
8% $1,501 - $2,000/month
8% 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
$1,597/month
598 Sq Ft
Old Plank Road Estates
$1,597/month
598 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
$1,597/month
598 Sq Ft
Old Plank Road Estates
$1,597/month
598 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
$1,597/month
598 Sq Ft
Old Plank Road Estates
$1,597/month
598 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 $1,323, you’ll want to make about $4,410 per month or $52,920 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 $1,163 - $1,701. You can expect to pay 1.5% more for groceries, 7.9% less for utilities, and 0.2% more for transportation.

City

Joliet, IL

435 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
$1,155/month
$1,155/month
One Bedroom
$1,237/month
$1,237/month
Two Bedroom
$1,536/month
$1,536/month
Three Bedroom
$1,854/month
$1,854/month
Search
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Nearby City Rent Trends

  • Crest Hill Average Rent
  • Channahon Average Rent
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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 - $2,550

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 Collection

The View at Rock Run Collection

1201 Rock Run Crossings Dr,
Joliet, IL 60431

$1,548 - $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

  • 33,269

    Units

  • 95

    Cities

1 Community in Joliet
The Richman Group of Companies
The Richman Group of Companies
  • 30

    Communities

  • 7,900

    Units

  • 23

    Cities

1 Community in Joliet
Bayshore Properties
Bayshore Properties
  • 21

    Communities

  • 8,155

    Units

  • 18

    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 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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Equal Housing Opportunity