Station 250
250 Plaza Cir,
Mundelein, IL 60060
Studio - 2 Beds | $1,630 - $3,655
Rental Market Trends in Vernon Hills, IL
What is the average rent in Vernon Hills, IL?
$2,066/month
Average Rent
764 Sq Ft
Average Apartment Size
+4.5%
Increase in the Last Year
As of June 2025, the average rent in Vernon Hills, IL is $2,066 per month. This is 27% higher than the national average rent price of $1,628/month, making Vernon Hills one of the most expensive cities in the US. When you rent an apartment in Vernon Hills, you can expect to pay about $2,026 per month for a studio, $2,066 for a one-bedroom apartment, and around $2,514 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,789 or more.
Floor Plan Type
Average Rent
Average 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 Vernon Hills, IL?
In the past year, rent has increased by 4.5%, which averages out to $94 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
Rent Ranges in Vernon Hills, IL
Last Updated June 2025
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
27%
$1,001 - $1,500/month
27%
$1,501 - $2,000/month
45%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Vernon Hills?
Based on current rent prices, St. Andrew's at Gregg's Landing is the most affordable neighborhood in Vernon Hills.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Vernon Hills?
Based on current rent prices, St. Andrew's at Gregg's Landing is the most expensive neighborhood in Vernon Hills.
Neighborhood
Average Rent
Average Sq Ft
Which Vernon Hills neighborhoods have the most rentals available?
The neighborhood in Vernon Hills with the most apartments available is St. Andrew's at Gregg's Landing .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Vernon Hills, IL?
Because the average rent in Vernon Hills is $2,066, you’ll want to make about $6,886 per month or $82,632 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 Vernon Hills, IL compare to other nearby cities and neighborhoods?
Use the tool below to compare Vernon Hills, 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.
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Nearby City Rent Trends
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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.