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.
Wheeling, IL Rental Market Trends
What is the average rent in Wheeling?
The average rent for an apartment in Wheeling is $1,597. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Wheeling, IL
Last updated July 2022
| Average Rent | Average Apartment Size |
|---|---|
| $1,597 | 879 sq. ft. |
What is the average apartment size in Wheeling?
The average size for a Wheeling, IL apartment is 879 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.
Wheeling, IL Apartment Rent Ranges
Wheeling, IL Occupied Housing Units
5,475 or 36% of the households in Wheeling, IL are renter-occupied while 9,673 or 63% are owner-occupied.
Wheeling, IL Rent Trends
| Average Rent | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Nov / 2021 | Jul / 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
| Wheeling, IL | $1,354 | $1,314 | $1,344 | $1,392 | $1,418 | $1,412 | $1,437 | $1,528 | $1,546 | $1,597 |
| National | $1,367 | $1,399 | $1,407 | $1,409 | $1,399 | $1,403 | $1,412 | $1,495 | $1,591 | $1,628 |
How Wheeling Compares to Other Cities
| City | Average Rent |
|---|---|
| Chicago | $2,080 |
| Oak Park | $2,075 |
| Evanston | $2,148 |
| Aurora | $1,585 |
| Naperville | $1,744 |
| Skokie | $1,765 |
| Riverdale | $902 |
| Elgin | $1,407 |
| Waukegan | $1,095 |
| Des Plaines | $1,543 |
| Schaumburg | $1,608 |
| Arlington Heights | $1,617 |
| Bolingbrook | $1,581 |
| Mundelein | $1,303 |
| Roselle | $1,358 |
| Addison | $1,273 |
| Lake Forest | $3,171 |
| Melrose Park | $869 |
| Mount Prospect | $1,428 |
| Palatine | $1,473 |
| Wheeling | $1,597 |
Most Popular Apartments in Wheeling
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 Wheeling 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.