The Henry at Harms Woods
5424 Old Orchard Rd,
Skokie, IL 60077
Studio - 4 Beds | $2,745 - $7,521
Rental Market Trends in Skokie, IL
Updated July 2026
The average rent in Skokie, IL is $1,769/month.
Rent in Skokie is roughly equal to the national average rent of of $1,663/month.
$1,769/month
Average Rent
701 Sq Ft
Average Size
+2.4%
Change / Year
371
Available Apartments
Skokie rent varies by unit size and layout:
- Studio apartments in Skokie average $1,377 per month.
- One-bedroom apartments in Skokie average $1,769 per month.
- Two-bedroom apartments in Skokie average $2,215 per month.
- Three-bedroom apartments in Skokie average $3,870 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Skokie, IL?
In the past year, rent has increased by 2.4%, which averages out to $43 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Skokie, IL
July 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
4%
$700 - $1,000/month
36%
$1,001 - $1,500/month
43%
$1,501 - $2,000/month
17%
Above $2,000/month
What salary do I need to live comfortably in Skokie, IL?
Because the average rent in Skokie is $1,769, you’ll want to make about $5,896 per month or $70,752 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.
How does Skokie, IL compare to other nearby cities and neighborhoods?
Use the tool below to compare Skokie, 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 Skokie Area GuideCompare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Skokie We Think You'll Love
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Frequently Asked Questions
What is the average rent in Skokie?
The average rent in Skokie is $1,769 per month, which is 6.4% higher than the national average of $1,663.
What is the average rent for a house in Skokie?
The average rent for a house in Skokie, IL is $3,395 per month.
What is the average rent for a townhome in Skokie?
The average rent for a townhome in Skokie, IL is $2,679 per month.
What is the average rent for a condo in Skokie?
The average rent for a condo in Skokie, IL is $1,975 per month.
Are rents going up or down in Skokie?
Rents in Skokie, IL are increasing, with prices up 2.4% year-over-year and $43 more per month.
What rent range is most common in Skokie?
In Skokie, IL, 43% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.
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.