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Rental Market Trends in Joliet, IL

Updated August 2026

The average rent in Joliet, IL is $1,335/month.

Rent in Joliet is 20% lower than the national average rent of $1,664/month, making this one of the less expensive cities statewide.

$1,335/month

Average Rent

569 Sq Ft

Average Size

-0.4%

Change / Year

368

Available Apartments

Joliet rent varies by unit size and layout:

  • Studio apartments in Joliet average $1,169 per month.
  • One-bedroom apartments in Joliet average $1,335 per month.
  • Two-bedroom apartments in Joliet average $1,660 per month.
  • Three-bedroom apartments in Joliet average $1,850 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,169/month
316 Sq Ft
One Bedroom
$1,335/month
569 Sq Ft
Two Bedroom
$1,660/month
951 Sq Ft
Three Bedroom
$1,850/month
1,419 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$2,166/month
1,133 Sq Ft
Three Bedroom
$2,704/month
1,513 Sq Ft
Four Bedroom
$3,332/month
2,216 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,401/month
967 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$2,284/month
1,201 Sq Ft
Three Bedroom
$2,703/month
1,442 Sq Ft
View Joliet Apartments

How much has average rent changed in Joliet, IL?

In the past year, rent has decreased by 0.4%, which averages out to $5 less per month.

Market Trends Over Time

August 2026

2025 2026
Market Trends Over Time

Rent Ranges in Joliet, IL

August 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
52% $1,001 - $1,500/month
8% $1,501 - $2,000/month
10% Above $2,000/month

Rent by Neighborhood

  • 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
$1,558/month
598 Sq Ft
Old Plank Road Estates
$1,558/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
$1,558/month
598 Sq Ft
Old Plank Road Estates
$1,558/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
$1,558/month
598 Sq Ft
Old Plank Road Estates
$1,558/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 $1,335, you’ll want to make about $4,450 per month or $53,400 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 $1,169 - $1,850. You can expect to pay 1.8% more for groceries, 6.8% less for utilities, and 0% less for transportation.

City

Joliet, IL

368 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.

View the Joliet Area Guide

Apartment Averages

Old Plank

Joliet, IL

Old Plank

Joliet, IL

Studio
$1,141/month
$1,141/month
One Bedroom
$1,235/month
$1,235/month
Two Bedroom
$1,535/month
$1,535/month
Three Bedroom
$1,793/month
$1,793/month
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Crest Hill

    Crest Hill

    Avg Rent: $1,448/month

  • Channahon

    Channahon

    Avg Rent: $1,287/month

  • Plainfield

    Plainfield

    Avg Rent: $1,853/month

  • Romeoville

    Romeoville

    Avg Rent: $1,831/month

  • Lockport

    Lockport

    Avg Rent: $1,916/month

Apartment Communities in Joliet We Think You'll Love

Timber Pointe Apartments

Timber Pointe Apartments

400 Timber Pointe Dr,
Joliet, IL 60431

1-2 Beds | $1,920 - $2,550

Bays Tower Apartments

Bays Tower Apartments

311 N Ottawa St,
Joliet, IL 60432

1-2 Beds | $1,250 - $1,650

The View at Rock Run Collection

The View at Rock Run Collection

1201 Rock Run Crossings Dr,
Joliet, IL 60431

Studio - 2 Beds | $1,880 - $2,575

Pheasant Run Apartments

Pheasant Run Apartments

1 E Bradford Rd,
Joliet, IL 60433

3 Beds | $1,795

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Frequently Asked Questions

What is the average rent in Joliet?

The average rent in Joliet is $1,335 per month, which is 19.8% lower than the national average of $1,664.

What is the average rent for a house in Joliet?

The average rent for a house in Joliet, IL is $2,704 per month.

What is the average rent for a townhome in Joliet?

The average rent for a townhome in Joliet, IL is $2,284 per month.

Are rents going up or down in Joliet?

Rents in Joliet, IL are decreasing, with prices down 0.4% year-over-year and $5 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.

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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© 2026 CoStar Group, Inc.

Equal Housing Opportunity