Belvidere, IL Rental Market Trends
Last updated: October 20, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Belvidere is $1,071, a 13.36% increase compared to the previous year, when the average rent was $945.
One-bedroom apartments provide 618 square feet for $1,029, balancing privacy and affordability.
Two-beedroom units at $1,096 offer 948 square feet, perfect for roommates or small families.
Average rent in Belvidere, IL
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,071 | 826 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,029 | 618 sq. ft. |
| 2 Beds | $1,096 | 948 sq. ft. |
| 3 Beds | n/a | n/a |
Belvidere, IL rent trends
Rental prices in Belvidere, IL have increased by 13.36% over the past year. The average rent moved from $945 to $1,071.
What's the typical rent budget in Belvidere, IL?
The largest share of rentals in Belvidere, IL (71%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Belvidere, IL?
2,534 or 26% of the households in Belvidere, IL are renter-occupied while 7,064 or 74% are owner-occupied.
How Belvidere Compares to Other Cities
| City | Average Rent |
|---|---|
| Belvidere | $1,071 |
| Skokie | $2,041 |
| Naperville | $2,057 |
| Chicago | $2,461 |
| Aurora | $1,856 |
| Evanston | $2,577 |
| Oak Park | $2,176 |
| Rockford | $1,260 |
| Crystal Lake, IL | $1,948 |
| Dekalb, IL | $1,082 |
| Woodstock, IL | $1,348 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Belvidere apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.