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Rental Market Trends in Quincy, IL

What is the average rent in Quincy, IL?

$899/month

Average Rent

631 Sq Ft

Average Apartment Size

+2.7%

Increase in the Last Year

As of June 2025, the average rent in Quincy, IL is $899 per month. This is 45% lower than the national average rent of $1,627/month, making renting in Quincy more affordable than most cities in the US. When you rent an apartment in Quincy, you can expect to pay about per month for a studio, $899 for a one-bedroom apartment, and around $849 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $650 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$899/month
631 Sq Ft
Two Bedroom
$849/month
962 Sq Ft
Three Bedroom
$650/month
1,162 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 Quincy, IL?

In the past year, rent has increased by 2.7%, which averages out to $25 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 June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Quincy, IL
Last Updated June 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Quincy, IL
Percentage*
Rent Range
12% Below $700/month
50% $700 - $1,000/month
12% $1,001 - $1,500/month
25% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Quincy is $899, you’ll want to make about $2,996 per month or $35,952 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.

Cost of Living

The cost of living in Quincy, IL is 4.2% lower than the national average. Generally, housing in Quincy is 5.0% less expensive than the national average, with rent falling between $0 - $899. You can expect to pay 1.7% less for groceries, 7.4% less for utilities, and 21.4% more for transportation.

City

Quincy, IL

33 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Quincy, 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 Quincy, IL

Apartment Averages

Apartment communities in Quincy we think you'll love

Cedar Creek Crossing Apartments

Cedar Creek Crossing Apartments

2225 N 12th St,
Quincy, IL 62305

2-3 Beds | $300 - $1,085

Emerson Garden Apartments

Emerson Garden Apartments

1310 Washington St,
Quincy, IL 62301

3-4 Beds | $1,400 - $2,100

Ridgebrook Apartments

Ridgebrook Apartments

1601 S 24th St,
Quincy, IL 62301

1-2 Beds | $775 - $875

421 N 20th St

421 N 20th St

421 N 20th St,
Quincy, IL 62301

1 Bed | $1,450

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United States Illinois Quincy 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