Geneva, IL Rental Market Trends
Highlights
The average rent for an apartment in Geneva is $1,405, a 3% increase compared to the previous year, when the average rent was $1,369.
Average Rent in Geneva, IL
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,405 | 3% | 964 sq. ft. |
The average size for a Geneva, IL apartment is 964 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.
Geneva, IL Apartment Rent Ranges
- $1,001-$1,50061%
- $1,501-$2,00039%
Geneva, IL Occupied Housing Units
- Renter-occupied Households22%
- Owner-occupied Households77%
1,827 or 22% of the households in Geneva, IL are renter-occupied while 6,145 or 77% are owner-occupied.
Geneva, IL Rent Trends
| Average Rent | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Jan / 2020 |
|---|---|---|---|---|---|---|---|---|---|
| Geneva, IL | $1,356 | $1,334 | $1,347 | $1,342 | $1,342 | $1,369 | $1,455 | $1,515 | $1,405 |
| National | $1,347 | $1,379 | $1,381 | $1,384 | $1,420 | $1,429 | $1,433 | $1,469 |
How Geneva Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Chicago | $1,950 | 3% |
| Oak Park | $1,881 | 1% |
| Evanston | $1,964 | 4% |
| Plainfield | $1,542 | 2% |
| Naperville | $1,481 | 3% |
| Aurora | $1,310 | 1% |
| Elgin | $1,102 | 4% |
| Carol Stream | $1,272 | 8% |
| Oswego | $1,138 | -2% |
| Hanover Park | $972 | 8% |
| Geneva | $1,405 | 3% |
For more information about the Geneva rental trends, check out our monthly rent report
Check out Illinois Cities, Illinois Neighborhoods and Illinois Zip Codes for more details on verified listings, including the Illinois Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!