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Rental Market Trends in Volo, IL

What is the average rent in Volo, IL?

$1,610/month

Average Rent

892 Sq Ft

Average Apartment Size

+0.5%

Increase in the Last Year

As of February 2026, the average rent in Volo, IL is $1,610 per month. For comparison, the national average rent price in the US is currently $1,625/month, which means Volo rent prices are 1% lower than the national average. When you rent an apartment in Volo, you can expect to pay about per month for a studio, $1,610 for a one-bedroom apartment, and around $2,067 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,610/month
892 Sq Ft
Two Bedroom
$2,067/month
1,133 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 Volo, IL?

In the past year, rent has increased by 0.5%, which averages out to $8 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 February 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Volo, IL
Last Updated February 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Volo, IL
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
50% $1,501 - $2,000/month
50% Above $2,000/month

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

Because the average rent in Volo is $1,610, you’ll want to make about $5,366 per month or $64,392 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

Volo, IL

28 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Volo, 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 Volo, IL

Apartment Averages

Nearby City Rent Trends

  • Lakemoor Average Rent
  • Round Lake Average Rent
  • Ingleside Average Rent
  • Wauconda Average Rent

Apartment communities in Volo we think you'll love

Redwood Volo

Redwood Volo

901 Wood Rose Dr,
Volo, IL 60073

$2,383 - $3,261

2 Beds

The Woods of Terra Springs

The Woods of Terra Springs

2700 Hartigan Rd,
Volo, IL 60020

$1,363 - $1,688

1-2 Beds

The Meadows Apartments Lakemoor

The Meadows Apartments Lakemoor

450 Sullivan Lake Blvd,
Lakemoor, IL 60051

$1,524 - $2,173

1-2 Beds

406 Red Oak Cir

406 Red Oak Cir

406 Red Oak Cir,
Volo, IL 60020

$2,800

3 Beds

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United States Illinois Volo 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.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity