Barrington, IL Rental Market Trends
Highlights
The average rent for an apartment in Barrington is $2,267, a 1% increase compared to the previous year, when the average rent was $2,243.
Average Rent in Barrington, IL
Last updated November 2019
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $2,267 | 1% | 1,201 sq. ft. |
The average size for a Barrington, IL apartment is 1,201 square feet, but this number varies greatly depending on apartment type. 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.
Barrington, IL Apartment Rent Ranges
- $1,501-$2,00051%
- > $2,00049%
Barrington, IL Occupied Housing Units
- Renter-occupied Households21%
- Owner-occupied Households78%
3,520 or 21% of the households in Barrington, IL are renter-occupied while 12,915 or 78% are owner-occupied.
Barrington, IL Rent Trends
| Average Rent | Jul / 2016 | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Nov / 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Barrington, IL | $1,512 | $1,470 | $1,541 | $1,570 | $1,433 | $1,898 | $2,243 | $2,223 | $2,226 | $2,267 |
| National | $1,342 | $1,350 | $1,346 | $1,378 | $1,380 | $1,383 | $1,418 | $1,427 | $1,431 | $1,466 |
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How Does Barrington Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Chicago | $1,998 | 5% |
| Oak Park | $1,874 | n/a |
| Evanston | $2,034 | 8% |
| Skokie | $1,620 | 7% |
| Arlington Heights | $1,505 | 5% |
| Mount Prospect | $1,244 | 3% |
| Schaumburg | $1,394 | 7% |
| Richton Park | $1,028 | 6% |
| Barrington | $2,267 | 1% |
For more information about the Barrington rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Barrington apartment buildings 50 units or larger. Yardi Matrix covers ~90% of the U.S. metro area population, including ~17 million apartments across more than 130 U.S. markets.