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Rental Market Trends in Plano, IL

What is the average rent in Plano, IL?

$553/month

Average Rent

712 Sq Ft

Average Apartment Size

+1.5%

Increase in the Last Year

As of April 2026, the average rent in Plano, IL is $553 per month. This is 66% lower than the national average rent of $1,641/month, making renting in Plano more affordable than most cities in the US. When you rent an apartment in Plano, you can expect to pay about per month for a studio, $553 for a one-bedroom apartment, and around $955 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
$553/month
712 Sq Ft
Two Bedroom
$955/month
867 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 Plano, IL?

In the past year, rent has increased by 1.5%, which averages out to $9 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Plano, IL
Last Updated April 2026
Below $701
Most rental prices fall within this range
Rent Ranges in Plano, IL
Percentage*
Rent Range
33% Below $700/month
33% $700 - $1,000/month
33% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Plano is $553, you’ll want to make about $1,843 per month or $22,116 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

Plano, IL

10 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Plano, 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 Plano, IL

Apartment Averages

Nearby City Rent Trends

  • Yorkville Average Rent
  • Montgomery Average Rent
  • Oswego Average Rent
  • Aurora Average Rent

Apartment communities in Plano we think you'll love

Fox Hill Senior Living

Fox Hill Senior Living

1536 Sycamore Rd,
Yorkville, IL 60560

$656 - $1,439

1-2 Beds

4105 Dillon St

4105 Dillon St

4105 Dillon St,
Plano, IL 60545

$2,400 Total Monthly Price

3 Beds

2817 Hoffman St

2817 Hoffman St

2817 Hoffman St,
Plano, IL 60545

$2,100

3 Beds

407 Abe St

407 Abe St

407 Abe St,
Plano, IL 60545

$2,100

3 Beds

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United States Illinois Plano 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 February 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