Station 250
250 Plaza Cir,
Mundelein, IL 60060
Studio - 2 Beds | $1,716 - $3,651
Rental Market Trends in Libertyville, IL
Updated July 2026
The average rent in Libertyville, IL is $1,555/month.
Rent in Libertyville is roughly equal to the national average rent of of $1,663/month.
$1,555/month
Average Rent
644 Sq Ft
Average Size
+2.5%
Change / Year
418
Available Apartments
Libertyville rent varies by unit size and layout:
- Studio apartments in Libertyville average $1,424 per month.
- One-bedroom apartments in Libertyville average $1,555 per month.
- Two-bedroom apartments in Libertyville average $1,783 per month.
- Three-bedroom apartments in Libertyville average $2,388 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 Libertyville, IL?
In the past year, rent has increased by 2.5%, which averages out to $39 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Libertyville, IL
July 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
50%
$1,001 - $1,500/month
30%
$1,501 - $2,000/month
20%
Above $2,000/month
What salary do I need to live comfortably in Libertyville, IL?
Because the average rent in Libertyville is $1,555, you’ll want to make about $5,183 per month or $62,196 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 Libertyville, IL compare to other nearby cities and neighborhoods?
Use the tool below to compare Libertyville, 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 Libertyville Area GuideCompare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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Frequently Asked Questions
What is the average rent in Libertyville?
The average rent in Libertyville is $1,555 per month, which is 6.5% lower than the national average of $1,663.
What is the average rent for a house in Libertyville?
The average rent for a house in Libertyville, IL is $3,647 per month.
Are rents going up or down in Libertyville?
Rents in Libertyville, IL are increasing, with prices up 2.5% year-over-year and $39 more per month.
What rent range is most common in Libertyville?
In Libertyville, IL, 50% 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.