Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
Libertyville, IL Rental Market Trends
What is the average rent in Libertyville?
The average rent for an apartment in Libertyville is $1,391. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Libertyville, IL
Last updated May 2022
| Average Rent | Average Apartment Size |
|---|---|
| $1,391 | 819 sq. ft. |
What is the average apartment size in Libertyville?
The average size for a Libertyville, IL apartment is 819 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.
Libertyville, IL Apartment Rent Ranges
Libertyville, IL Occupied Housing Units
1,846 or 25% of the households in Libertyville, IL are renter-occupied while 5,478 or 74% are owner-occupied.
Libertyville, IL Rent Trends
| Average Rent | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Nov / 2021 | May / 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
| Libertyville, IL | $1,235 | $1,289 | $1,276 | $1,349 | $1,361 | $1,392 | $1,325 | $1,422 | $1,402 | $1,391 |
| National | $1,367 | $1,399 | $1,407 | $1,409 | $1,399 | $1,403 | $1,412 | $1,495 | $1,591 | $1,628 |
How Libertyville Compares to Other Cities
| City | Average Rent |
|---|---|
| Chicago | $2,080 |
| Oak Park | $2,075 |
| Evanston | $2,148 |
| Aurora | $1,585 |
| Skokie | $1,765 |
| Naperville | $1,744 |
| Riverdale | $902 |
| Kenosha | $1,179 |
| Dekalb | $959 |
| Elgin | $1,407 |
| Des Plaines | $1,543 |
| Schaumburg | $1,608 |
| Waukegan | $1,095 |
| Arlington Heights | $1,617 |
| Bolingbrook | $1,581 |
| Gurnee | $1,579 |
| McHenry | $1,169 |
| Mount Prospect | $1,428 |
| Grayslake | $1,328 |
| Lake Forest | $3,171 |
| Libertyville | $1,391 |
Most Popular Apartments in Libertyville
705 - 711 S. Milwaukee Ave
705 - 711 S. Milwaukee Ave, Libertyville, IL 60048- 1 BED
- 2 BEDS
- 3 BEDS
- Ask for pricing
- Ask for pricing
- $1,500
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 Libertyville apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.