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Rental Market Trends in O'Fallon, IL

Updated September 2026

The average rent in O'fallon, IL is $1,464/month.

Rent in O'fallon is roughly equal to the national average rent of of $1,665/month.

$1,464/month

Average Rent

794 Sq Ft

Average Size

+1.9%

Change / Year

208

Available Apartments

O'fallon rent varies by unit size and layout:

  • Studio apartments in O'fallon average $550 per month.
  • One-bedroom apartments in O'fallon average $1,464 per month.
  • Two-bedroom apartments in O'fallon average $1,545 per month.
  • Three-bedroom apartments in O'fallon average $1,920 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$550/month
300 Sq Ft
One Bedroom
$1,464/month
794 Sq Ft
Two Bedroom
$1,545/month
1,002 Sq Ft
Three Bedroom
$1,920/month
1,299 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,401/month
1,023 Sq Ft
Three Bedroom
$2,196/month
1,432 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,905/month
1,051 Sq Ft
View O'fallon Apartments

How much has average rent changed in O'fallon, IL?

In the past year, rent has increased by 1.9%, which averages out to $28 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in O'fallon, IL

September 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in O'fallon, IL
Percentage*
Rent Range
5% Below $700/month
24% $700 - $1,000/month
43% $1,001 - $1,500/month
24% $1,501 - $2,000/month
5% Above $2,000/month

What salary do I need to live comfortably in O'fallon, IL?

Because the average rent in O'fallon is $1,464, you’ll want to make about $4,880 per month or $58,560 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

O'fallon, IL

208 Available Apartments for Rent

Search for Nearby Apartments

How does O'fallon, IL compare to other nearby cities and neighborhoods?

Use the tool below to compare O'fallon, 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 O'fallon Area Guide

Apartment Averages

Compare Rent Trends Nearby

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

  • Shiloh

    Shiloh

    Avg Rent: $1,441/month

  • Fairview Heights

    Fairview Heights

    Avg Rent: $1,177/month

  • Swansea

    Swansea

    Avg Rent: $1,291/month

  • Collinsville

    Collinsville

    Avg Rent: $1,007/month

  • Belleville

    Belleville

    Avg Rent: $824/month

  • Troy

    Troy

    Avg Rent: $711/month

Apartment Communities in O'fallon We Think You'll Love

Brandywine

Brandywine

104 Spartan Cir #1,
O'Fallon, IL 62269

2 Beds | $2,023 - $2,380

Artisan

Artisan

1201 Artisan Dr,
O'Fallon, IL 62269

1-2 Beds | $1,740 - $2,005

Storyboard on Park Entrance

Storyboard on Park Entrance

825 Park Entrance Pl,
O'Fallon, IL 62269

2 Beds | $1,379 - $1,430

Fairfield Place

Fairfield Place

2015 Fairfield Pl,
O'Fallon, IL 62269

2 Beds | $1,400 - $1,450

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Frequently Asked Questions

What is the average rent in O'fallon?

The average rent in O'fallon is $1,464 per month, which is 12.1% lower than the national average of $1,665.

What is the average rent for a house in O'fallon?

The average rent for a house in O'fallon, IL is $2,196 per month.

Are rents going up or down in O'fallon?

Rents in O'fallon, IL are increasing, with prices up 1.9% year-over-year and $28 more per month.

What rent range is most common in O'fallon?

In O'fallon, IL, 43% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States Illinois O'fallon 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 September 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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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity