Matteson, IL Rental Market Trends
Highlights
The average rent for an apartment in Matteson is $1,868, a 5% increase compared to the previous year, when the average rent was $1,787.
Average Rent in Matteson, IL
Last updated November 2019
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,868 | 5% | 1,366 sq. ft. |
The average size for a Matteson, IL apartment is 1,366 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.
Matteson, IL Occupied Housing Units
- Renter-occupied Households35%
- Owner-occupied Households64%
2,401 or 35% of the households in Matteson, IL are renter-occupied while 4,352 or 64% are owner-occupied.
Matteson, IL Rent Trends
| Average Rent | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Matteson, IL | $1,694 | $1,736 | $1,756 | $1,747 | $1,749 | $1,749 | $1,787 | $1,832 | $1,837 | $1,868 |
| National | $1,353 | $1,349 | $1,381 | $1,383 | $1,386 | $1,421 | $1,430 | $1,434 | $1,470 | $1,476 |
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How Does Matteson Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Chicago | $1,965 | 4% |
| Oak Park | $1,881 | 1% |
| Evanston | $1,964 | 4% |
| Skokie | $1,616 | 6% |
| Arlington Heights | $1,470 | 2% |
| Schaumburg | $1,431 | 5% |
| Lansing | $962 | 3% |
| Mount Prospect | $1,230 | n/a |
| Riverdale | $758 | -2% |
| Matteson | $1,868 | 5% |
For more information about the Matteson 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 Matteson 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.