Timber Pointe Apartments
400 Timber Pointe Dr,
Joliet, IL 60431
1-2 Beds | $1,920 - $2,550
Rental Market Trends in Joliet, IL
Updated July 2026
The average rent in Joliet, IL is $1,339/month.
Rent in Joliet is 19% lower than the national average rent of $1,662/month, making this one of the less expensive cities statewide.
$1,339/month
Average Rent
569 Sq Ft
Average Size
-0.2%
Change / Year
363
Available Apartments
Joliet rent varies by unit size and layout:
- Studio apartments in Joliet average $1,173 per month.
- One-bedroom apartments in Joliet average $1,339 per month.
- Two-bedroom apartments in Joliet average $1,652 per month.
- Three-bedroom apartments in Joliet average $1,848 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Joliet, IL?
In the past year, rent has decreased by 0.2%, which averages out to $2 less per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Joliet, IL
July 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
2%
Below $700/month
28%
$700 - $1,000/month
52%
$1,001 - $1,500/month
5%
$1,501 - $2,000/month
12%
Above $2,000/month
Rent by Neighborhood
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.
Neighborhood
Average Rent
Average 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.
Neighborhood
Average Rent
Average 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" .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Joliet, IL?
Because the average rent in Joliet is $1,339, you’ll want to make about $4,463 per month or $53,556 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 8.4% lower than the national average. Generally, housing in Joliet is 22.9% less expensive than the national average, with rent falling between $1,173 - $1,848. You can expect to pay 1.8% more for groceries, 6.8% less for utilities, and 0% less for transportation.
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.
View the Joliet Area GuideStudio
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Frequently Asked Questions
What is the average rent in Joliet?
The average rent in Joliet is $1,339 per month, which is 19.4% lower than the national average of $1,662.
What is the average rent for a house in Joliet?
The average rent for a house in Joliet, IL is $2,650 per month.
What is the average rent for a townhome in Joliet?
The average rent for a townhome in Joliet, IL is $2,103 per month.
Are rents going up or down in Joliet?
Rents in Joliet, IL are decreasing, with prices down 0.2% year-over-year and $2 less per month.
What rent range is most common in Joliet?
In Joliet, IL, 52% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
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.