When were prices and availability in Cherry Valley, IL last updated?
Prices and availability in Cherry Valley, IL were last updated on 17 Nov 2025.
What is the average rent in Cherry Valley, IL?
The average rent in Cherry Valley, IL is $1,081.
What type of rental buildings are in Cherry Valley, IL?
In Cherry Valley 18% of the housing is rented out compared to 82% of homes are owned, according to the most recent Census Bureau estimates. 13% of Cherry Valley’s apartments are found in large buildings of 50 units or more, 72% are located in smaller apartment complexes with less than 50 units, and 14% are single-family rentals.
What do typical apartment communities look like in Cherry Valley, 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 Cherry Valley are about 44 years old, on average. Of these, 10% 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 3 stories. About 95% of the rental communities here are low-rise, garden-style communities, none are mid-rises, and 5% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.
What apartment floorplans are common in Cherry Valley, IL?
Rental apartments in Cherry Valley come in a range of sizes and floorplans. Studio apartments represent 0.2% 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 44% of the total apartments in the city, while 2-bedroom floorplans represent around 51% of all rentals in Cherry Valley. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.