When were prices and availability in Bannockburn, IL last updated?
Prices and availability in Bannockburn, IL were last updated on 17 Nov 2025.
What is the average rent in Bannockburn, IL?
The average rent in Bannockburn, IL is $2,620.
What type of rental buildings are in Bannockburn, IL?
In Bannockburn, 12% of the residents are renting compared to 88% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent none of Bannockburn’s rentals, 70% are small-scale complexes with under 50 units, and 30% are single-family rentals.
What do typical apartment communities look like in Bannockburn, IL?
The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Bannockburn are about 16 years old, on average. Of these, 85% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 4 stories. About 85% of the rental communities here are low-rise, garden-style communities, 15% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.
What apartment floorplans are common in Bannockburn, IL?
Rental apartments in Bannockburn come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 64% of the total apartments in the city, while 2-bedroom floorplans represent around 35% of all rentals in Bannockburn. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.