Redwood Volo
901 Wood Rose Dr,
Volo, IL 60073
$2,419 - $3,371
2 Beds
Rental Market Trends in Lakemoor, IL
What is the average rent in Lakemoor, IL?
$1,645/month
Average Rent
760 Sq Ft
Average Apartment Size
+7.9%
Increase in the Last Year
As of March 2026, the average rent in Lakemoor, IL is $1,645 per month. For comparison, the national average rent price in the US is currently $1,627/month, which means Lakemoor rent prices are 1% higher than the national average. When you rent an apartment in Lakemoor, you can expect to pay about per month for a studio, $1,645 for a one-bedroom apartment, and around $1,844 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
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Average Sq Ft
Floor Plan Type
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Average Sq Ft
How much has average rent changed in Lakemoor, IL?
In the past year, rent has increased by 7.9%, which averages out to $130 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
Rent Ranges in Lakemoor, IL
Last Updated March 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
0%
$1,001 - $1,500/month
100%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Lakemoor?
Based on current rent prices, Rockwell Place is the most affordable neighborhood in Lakemoor.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Lakemoor?
Based on current rent prices, Rockwell Place is the most expensive neighborhood in Lakemoor.
Neighborhood
Average Rent
Average Sq Ft
Which Lakemoor neighborhoods have the most rentals available?
The neighborhood in Lakemoor with the most apartments available is Rockwell Place .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Lakemoor, IL?
Because the average rent in Lakemoor is $1,645, you’ll want to make about $5,483 per month or $65,796 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.
How does Lakemoor, IL compare to other nearby cities and neighborhoods?
Use the tool below to compare Lakemoor, 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.
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Nearby City Rent Trends
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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.