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Rental Market Trends in New Lenox, IL

What is the average rent in New Lenox, IL?

$2,062/month

Average Rent

832 Sq Ft

Average Apartment Size

+1.5%

Increase in the Last Year

As of July 2025, the average rent in New Lenox, IL is $2,062 per month. This is 26% higher than the national average rent price of $1,637/month, making New Lenox one of the most expensive cities in the US. When you rent an apartment in New Lenox, you can expect to pay about $1,765 per month for a studio, $2,062 for a one-bedroom apartment, and around $2,308 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,727 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,765/month
603 Sq Ft
One Bedroom
$2,062/month
832 Sq Ft
Two Bedroom
$2,308/month
1,015 Sq Ft
Three Bedroom
$1,727/month
1,100 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in New Lenox, IL?

In the past year, rent has increased by 1.5%, which averages out to $31 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 July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in New Lenox, IL
Last Updated July 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in New Lenox, IL
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
50% $1,001 - $1,500/month
25% $1,501 - $2,000/month
25% Above $2,000/month

What salary do I need to live comfortably in New Lenox, IL?

Because the average rent in New Lenox is $2,062, you’ll want to make about $6,873 per month or $82,476 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.

City

New Lenox, IL

20 Available Apartments for Rent

Search for Nearby Apartments

How does New Lenox, IL compare to other nearby cities and neighborhoods?

Use the tool below to compare New Lenox, 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 New Lenox, IL

Apartment Averages

Nearby City Rent Trends

  • Lockport Average Rent
  • Frankfort Average Rent
  • Orland Hills Average Rent
  • Crest Hill Average Rent

Apartment communities in New Lenox we think you'll love

Lincoln Station Rowhomes

Lincoln Station Rowhomes

208 N Prairie Rd,
New Lenox, IL 60451

Studio - 2 Beds | $2,560 - $2,770

321 SW Circle Dr

321 SW Circle Dr

321 SW Circle Dr,
Joliet, IL 60433

1 Bed | $1,250

436 Burke Dr

436 Burke Dr

436 Burke Dr,
Joliet, IL 60433

3 Beds | $2,535

1224 N Cedar Rd

1224 N Cedar Rd

1224 N Cedar Rd,
New Lenox, IL 60451

2 Beds | $1,800

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United States Illinois New Lenox 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 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity