Rent prices in cities near Lombard
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Lombard, IL Demographics
- Total Population43,755
Female 21,084Male 22,671
- Median Age37.7
A total population of 43,755 lives in Lombard, IL, according to data published by the U.S. Census Bureau. Population statistics show that 22,671 of Lombard’s residents are women and 21,084 are men. The median age of the population in Lombard, IL is 37.7.
Average Rent in Lombard, IL
- Lombard, IL Average Rental Price, July 2022 $1,782 /mo
Apartments for rent in Lombard, IL have an average price of $1,782 per month.
Lombard, IL Apartment Rent Ranges
About 57% of apartments in Lombard, IL have rents ranging between $1,501-$2,000. The second most common rent range is over > $2,000, 18% of apartments. Around 19% of Lombard’s apartments are in the $1,001-$1,500 price range. 6% of apartments are priced between $701-$1,000.
Lombard, IL Rent Trends
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Compared to the average rent in the U.S. of $1,706, the rent in Lombard, IL is $1,782 per month.
Lombard, IL Households
- Total Number of Households17,030
Family 10,914Non-family 6,116
Children 4,866No Children 12,164
- Average People Per Household2.54
- Median Household Income$86,167
- Median Housing Costs Per Month$1,524
According to the U.S. Census, there are 17,030 households in Lombard, IL. The Census estimates also show that 10,914 are family households and 6,116 are non-family households. Moreover, Lombard has 4,866 households with children in Lombard and 12,164 households without children. On average, about 2.54 people constitute a household in Lombard, IL. The median income of a Lombard household living in Lombard is $86,167 per year. The housing costs per month are estimated around $1,524.
Lombard, IL Education Statistics
According to U.S. Census Bureau estimates, the share of residents in Lombard, IL that have no high school education is 1%, and the share of those who went to high school is 24%. 23% of residents have some college education, 7% have an Associate Degree, while 30% have a Bachelor Degree, and a share of 14% have a Graduate Degree.
Renting a 3 bedroom apartment in Lombard, IL
Upgrading to a 3 bedroom apartment can have its pros and cons. Most renters who are looking for a three bedroom rental is because they need extra space for a home office, or for a child. This size apartment is also practical to share with roommates as it actually saves money on rent when 3 or 4 people get together to rent a 3 bedroom unit. They are very spacious, averaging around 1,170 Sq.Ft.. Or you can get even more space if you select “3+” beds in the top menu. The only down side is that they cost more. In Lombard, IL, rents on 3 bedroom apartments go up to $9,182. 25 rental properties offer 3 bedroom units in Lombard, IL to choose from. You are more likely to find 3 bedroom apartments in primarily residential neighborhoods, away from business districts and urban cores.
Tips on finding a cheap 3 bedroom apartment in Lombard, IL
For most renters, the cost of rent is the major pain point. The larger the apartment, the more money comes out of their pocket. For that reason, cheap 3 bedroom apartments are in high demand and hard to come by. Though rent prices can go as low as $908 in Lombard, IL, the market is still tight. But with a little diligence and some handy search tools, you will find an affordable apartment. Try an area that’s further away from the main city attractions, or try an older building that may have cheaper apartments and a ton of charm. Try searching in more affordable neighborhoods, like Glen Ellyn or another nearby. Sometimes lower-priced residential areas have diversity and ethnic authenticity that lend them a lot of character and color.