Illinois Apartments For Rent

Apartments for rent in Illinois are more expensive than the national average. The price of a studio averages $818 per month, which is $45 below the national average and a difference of 5 percent. The price of a one-bedroom averages $1160 per month, which is $318 below the national average and a difference of 31 percent. The reason that studio apartments for rent in IL cost more than one-bedrooms is that a lot more studios tend to be rented in high-priced areas, whereas in lower-rent areas the smallest apartments you're likely to find are one-bedrooms.

Larger Illinois apartment rentals follow the same trends. The price of a two-bedroom averages $965 per month, which is $84 below the national average and a difference of 8 percent. The price of a three-bedroom averages $1166 per month, which is $147 below the national average and a difference of 11 percent.

If you're searching for a Illinois apartment rental you should know that the trends vary depending on which city or county you're looking at. The most expensive Illinois apartments rent in Evansville, followed by Glenview, Chicago and Oak Park. The lowest rent apartments in Illinois are in Urbana, followed by Springfield, Peoria and Normal.


Economy:

Illinois is a leader in manufacturing, mining, farming, and petroleum production. It produces food, transportation and scientific equipment, chemicals, and machinery. The greater Chicago area is known for its steel production, meat packing, grain exchange, railroad hub, and port on the Great Lakes. Illinois also produces large quantities of commodities including corn, hay, oats, sorghum, soybeans, hogs and cattle.