Addison, IL Rental Market Trends
The average rent for an apartment in Addison is $1,140, a 2% increase compared to the previous year, when the average rent was $1,115.
Average Rent in Addison, IL
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,140||2%||836 sq. ft.|
The average size for a Addison, IL apartment is 836 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Addison, IL Apartment Rent Ranges
Addison, IL Occupied Housing Units
- Renter-occupied Households29%
- Owner-occupied Households70%
3,667 or 29% of the households in Addison, IL are renter-occupied while 8,941 or 70% are owner-occupied.
Addison, IL Rent Trends
|Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Feb / 2020|
How Addison Compares to Other Cities
|Average Rent||Y-o-Y Change|
For more information about the Addison rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!