Libertyville, IL Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Libertyville is $2,354, a 1.62% increase compared to the previous year, when the average rent was $2,317.
One-bedroom apartments provide 731 square feet for $2,056, balancing privacy and affordability.
Two-beedroom units at $2,659 offer 1,081 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,296 sq ft) for $3,041, suitable for larger households.
Average rent in Libertyville, IL
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,354 | 905 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $2,056 | 731 sq. ft. |
| 2 Beds | $2,659 | 1,081 sq. ft. |
| 3 Beds | $3,041 | 1,296 sq. ft. |
Libertyville, IL rent trends
Rental prices in Libertyville, IL have increased by 1.62% over the past year. The average rent moved from $2,317 to $2,354.
What's the typical rent budget in Libertyville, IL?
The largest share of rentals in Libertyville, IL (42%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Libertyville, IL?
1,512 or 20% of the households in Libertyville, IL are renter-occupied while 6,061 or 80% are owner-occupied.
How Libertyville Compares to Other Cities
| City | Average Rent |
|---|---|
| Libertyville | $2,354 |
| Skokie | $2,041 |
| Naperville | $2,057 |
| Chicago | $2,461 |
| Aurora | $1,856 |
| Evanston | $2,577 |
| Oak Park | $2,176 |
| Rockford | $1,260 |
| Arlington Heights, IL | $1,968 |
| Wheeling, IL | $2,060 |
| Rolling Meadows, IL | $1,745 |
| Mount Prospect, IL | $1,886 |
| Buffalo Grove, IL | $2,281 |
| Palatine, IL | $1,822 |
| Highland Park, IL | $2,952 |
| Waukegan, IL | $1,367 |
| Grayslake, IL | $1,499 |
| Gurnee, IL | $1,769 |
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 Libertyville 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.