Vernon Hills, IL Rental Market Trends
The average rent for an apartment in Vernon Hills is $1,667, a 1% decrease compared to the previous year, when the average rent was $1,686.
Average Rent in Vernon Hills, IL
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,667||-1%||945 sq. ft.|
The average size for a Vernon Hills, IL apartment is 945 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.
Vernon Hills, IL Apartment Rent Ranges
- > $2,00025%
Vernon Hills, IL Occupied Housing Units
- Renter-occupied Households29%
- Owner-occupied Households70%
2,922 or 29% of the households in Vernon Hills, IL are renter-occupied while 6,830 or 70% are owner-occupied.
Vernon Hills, IL Rent Trends
|Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Feb / 2020|
How Vernon Hills Compares to Other Cities
|Average Rent||Y-o-Y Change|
For more information about the Vernon Hills rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!