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Rental Market Trends in Wilmington, IL

What is the average rent in Wilmington, IL?

$822/month

Average Rent

650 Sq Ft

Average Apartment Size

+1.7%

Increase in the Last Year

As of May 2026, the average rent in Wilmington, IL is $822 per month. This is 50% lower than the national average rent of $1,643/month, making renting in Wilmington more affordable than most cities in the US. When you rent an apartment in Wilmington, you can expect to pay about per month for a studio, $822 for a one-bedroom apartment, and around $877 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
$822/month
650 Sq Ft
Two Bedroom
$877/month
346 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 Wilmington, IL?

In the past year, rent has increased by 1.7%, which averages out to $14 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 May 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Wilmington, IL
Last Updated May 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Wilmington, IL
Percentage*
Rent Range
0% Below $700/month
100% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Wilmington is $822, you’ll want to make about $2,740 per month or $32,880 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

Wilmington, IL

6 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Wilmington, 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

  • Coal City Average Rent
  • Channahon Average Rent

Apartment communities in Wilmington we think you'll love

Winchester Manor

Winchester Manor

800 E Kahler Rd,
Wilmington, IL 60481

$1,242

1 Bed

400 Stewart Ct

400 Stewart Ct

400 Stewart Ct,
Wilmington, IL 60481

$2,300

3 Beds

206 N Water St

206 N Water St

206 N Water St,
Wilmington, IL 60481

$1,200

1 Bed

34500 S Lakeside Terrace

34500 S Lakeside Terrace

34500 S Lakeside Terrace,
Wilmington, IL 60481

$2,750

3 Beds

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United States Illinois Wilmington 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