Vernon Hills, 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 Vernon Hills is $2,312, a 1.09% increase compared to the previous year, when the average rent was $2,287.
One-bedroom apartments provide 745 square feet for $1,994, balancing privacy and affordability.
Two-beedroom units at $2,495 offer 1,069 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,549 sq ft) for $3,985, suitable for larger households.
Average rent in Vernon Hills, IL
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,312 | 933 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,994 | 745 sq. ft. |
| 2 Beds | $2,495 | 1,069 sq. ft. |
| 3 Beds | $3,985 | 1,549 sq. ft. |
Vernon Hills, IL rent trends
Rental prices in Vernon Hills, IL have increased by 1.09% over the past year. The average rent moved from $2,287 to $2,312.
What's the typical rent budget in Vernon Hills, IL?
The largest share of rentals in Vernon Hills, IL (29%) 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 Vernon Hills, IL?
3,629 or 34% of the households in Vernon Hills, IL are renter-occupied while 7,147 or 66% are owner-occupied.
How Vernon Hills Compares to Other Cities
| City | Average Rent |
|---|---|
| Vernon Hills | $2,312 |
| Chicago | $2,461 |
| Oak Park | $2,176 |
| Evanston | $2,577 |
| Rockford | $1,260 |
| Aurora | $1,856 |
| Naperville | $2,057 |
| Skokie | $2,041 |
| Dekalb | $1,082 |
| Champaign | $1,655 |
| Lombard | $1,986 |
| Waukegan | $1,367 |
| Arlington Heights, IL | $1,968 |
| Gurnee, IL | $1,769 |
| Palatine, IL | $1,822 |
| Rolling Meadows, IL | $1,745 |
| Wheeling, IL | $2,060 |
| Des Plaines, IL | $1,894 |
| Grayslake, IL | $1,499 |
| Highland Park, IL | $2,952 |
| Mount Prospect, IL | $1,886 |
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 Vernon Hills 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.