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Rental Market Trends in Plano, IL

Updated July 2026

The average rent in Plano, IL is $556/month.

Rent in Plano is 67% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$556/month

Average Rent

712 Sq Ft

Average Size

+1.4%

Change / Year

11

Available Apartments

Plano rent varies by unit size and layout:

  • Studio apartments in Plano average per month.
  • One-bedroom apartments in Plano average $556 per month.
  • Two-bedroom apartments in Plano average $960 per month.
  • Three-bedroom apartments in Plano average or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$556/month
712 Sq Ft
Two Bedroom
$960/month
867 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$2,399/month
1,505 Sq Ft
View Plano Apartments

How much has average rent changed in Plano, IL?

In the past year, rent has increased by 1.4%, which averages out to $8 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Plano, IL

July 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 $556, you’ll want to make about $1,853 per month or $22,236 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

11 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.

View the Plano Area Guide

Apartment Averages

Compare Rent Trends Nearby

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

  • Yorkville

    Yorkville

  • Aurora

    Aurora

Apartment Communities in Plano We Think You'll Love

306 Hubbard Cir

306 Hubbard Cir

306 Hubbard Cir,
Plano, IL 60545

4 Beds | $3,245

4409 Klatt St

4409 Klatt St

4409 Klatt St,
Plano, IL 60545

3 Beds | $2,150

17 W Dearborn St

17 W Dearborn St

17 W Dearborn St,
Plano, IL 60545

3 Beds | $2,650

913 S Hugh St

913 S Hugh St

913 S Hugh St,
Plano, IL 60545

3 Beds | $2,205

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Frequently Asked Questions

What is the average rent in Plano?

The average rent in Plano is $556 per month, which is 66.6% lower than the national average of $1,663.

Are rents going up or down in Plano?

Rents in Plano, IL are increasing, with prices up 1.4% year-over-year and $8 more per month.

What rent range is most common in Plano?

In Plano, IL, 33% of apartments fall below $700/month, though prices may vary depending on location and other factors.

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 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.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity