At $1,533/mo, rent takes about 28% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,533 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in Alsip changed +3.8% over the year to September 2026. Across the 94 Illinois cities Zillow tracks, the typical change was +4.0%.
Rent has fallen 2 months in a row, and rose in 7 of the last 12 months.
30% of the median household income ($66,585) is $1,665 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,390); a 3-bedroom is $1,790.
Riverdale, 6 miles away, rents for 20% less ($1,233/mo), about $3,600 a year in savings.
From Zillow's monthly rent index (ZORI) for Alsip. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Alsip, IL is majority owner-occupied, 18.7% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Alsip, IL has changed in 5 years
Household income in the area moved from $59,123 to $66,585 across the same window, up 12.6% versus 2021. The population has contracted by 2.4% since 2021, moving from about 19,036 residents to roughly 18,583. Renters now make up 35.8% of households, compared with 38.1% five years ago. College-educated residents now make up 18.7% of adults here, versus 20.8% in 2021.
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Can you afford rent in Alsip on your salary?
At $1,533/mo, how Alsip rent compares to typical pay (30% rule).
Alsip rent by bedroom count
Median rent for each apartment size in Alsip. Click any size for full breakdown.
Tips for renters in Alsip
Last updated: October 17, 2026
The median rent in Alsip is $1,533/mo as of October 2026. A studio apartment averages $1,150/mo while a 2-bedroom runs $1,390/mo. One-bedroom apartments average $1,230/mo and 3-bedroom units go for $1,790/mo.
At 28% of local median household income ($66,585/yr), Alsip ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.8% over the past year.
Frequently asked questions
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Is rent going up or down in Alsip?
How does Alsip rent compare to other cities in Illinois?
Which nearby cities are cheaper to rent in than Alsip?
At $1,533/mo, rent takes ~28% of Alsip's median household income ($66,585/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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