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Rental Market Trends in Swansea, IL

What is the average rent in Swansea, IL?

$1,293/month

Average Rent

757 Sq Ft

Average Apartment Size

+4%

Increase in the Last Year

As of April 2026, the average rent in Swansea, IL is $1,293 per month. This is 21% lower than the national average rent of $1,641/month, making renting in Swansea more affordable than most cities in the US. When you rent an apartment in Swansea, you can expect to pay about per month for a studio, $1,293 for a one-bedroom apartment, and around $1,440 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,896 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,293/month
757 Sq Ft
Two Bedroom
$1,440/month
1,030 Sq Ft
Three Bedroom
$1,896/month
1,432 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,646/month
1,424 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 Swansea, IL?

In the past year, rent has increased by 4%, which averages out to $52 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 Swansea, IL
Last Updated April 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Swansea, IL
Percentage*
Rent Range
0% Below $700/month
20% $700 - $1,000/month
20% $1,001 - $1,500/month
60% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Swansea is $1,293, you’ll want to make about $4,310 per month or $51,720 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

Swansea, IL

190 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Swansea, 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.

Apartment Averages

Nearby City Rent Trends

  • Belleville Average Rent
  • Fairview Heights Average Rent
  • O'fallon Average Rent
  • East Saint Louis Average Rent

Apartment communities in Swansea we think you'll love

Villas At Crystal Lake

Villas At Crystal Lake

3735 Round Hill Rd,
Swansea, IL 62226

$1,360 - $1,730

1-2 Beds

The Jewel Whispering Oaks

The Jewel Whispering Oaks

1856 Jewel Sisson Dr,
Swansea, IL 62223

$1,379 - $1,889

1-3 Beds

Winchester Place Apartments

Winchester Place Apartments

100 Winchester Pl,
Fairview Heights, IL 62208

$1,159 - $2,777

1-2 Beds

Willow Park Apartments

Willow Park Apartments

1151 Roger Ave,
Swansea, IL 62226

$680 - $1,000

1-2 Beds

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United States Illinois Swansea 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