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Rental Market Trends in Park City, IL

What is the average rent in Park City, IL?

$1,000/month

Average Rent

750 Sq Ft

Average Apartment Size

+4.1%

Increase in the Last Year

As of September 2025, the average rent in Park City, IL is $1,000 per month. This is 39% lower than the national average rent of $1,639/month, making renting in Park City more affordable than most cities in the US. When you rent an apartment in Park City, you can expect to pay about per month for a studio, $1,000 for a one-bedroom apartment, and around $1,167 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
One Bedroom
$1,000/month
750 Sq Ft
Two Bedroom
$1,167/month
888 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 Park City, IL?

In the past year, rent has increased by 4.1%, which averages out to $41 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 September 2025
Legend
2024 2025
Market Trends Over Time

What salary do I need to live comfortably in Park City, IL?

Because the average rent in Park City is $1,000, you’ll want to make about $3,333 per month or $39,996 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

Park City, IL

5 Available Apartments for Rent

Search for Nearby Apartments

How does Park City, IL compare to other nearby cities and neighborhoods?

Use the tool below to compare Park City, 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 Park City, IL

Apartment Averages

Nearby City Rent Trends

  • Waukegan Average Rent
  • Gurnee Average Rent
  • North Chicago Average Rent

Apartment communities in Park City we think you'll love

Briarwood Apartments

Briarwood Apartments

3060 Kathe Ln,
Waukegan, IL 60085

$1,175 - $1,400

1-2 Beds

Gurnee Glen Apartments

Gurnee Glen Apartments

1 Woodlake Blvd,
Gurnee, IL 60031

$1,827 - $2,430

1-2 Beds

The Preserve at Osprey Lake

The Preserve at Osprey Lake

2025 Greystem Cir,
Gurnee, IL 60031

$1,711 - $3,284

Studio - 2 Beds

Carriage House Apartments LLC

Carriage House Apartments LLC

4344 McClure Ave,
Gurnee, IL 60031

$1,425 - $1,475

1 Bed

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United States Illinois Park City 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 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity