City Report · IL

Berwyn

Pop. 55,595·105th most expensive in Illinois·Berwyn rents are up 8.9% over the past year
Median rent (all units)
$1,424/mo
Year-over-Year
+8.9%
Month-over-Month
-3.3%
vs US Median
-$538
Falling (Monthly)
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Most AffordableMost Expensive
Berwyn · $1,424
More affordable than 80% of US cities · National median $1,962/mo
Rent Reality Score
47/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Berwyn's 10-year trend predicts.

Actual rent
$1,424/mo
Expected by trend
$1,400/mo
The Rent Reality Score compares today's median rent to where Berwyn's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,330
1 BR
$1,420
2 BR
$1,600
3 BR
$2,060
4 BR+
$2,410
Fair Market Rent (HUD)
$1,600/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,424 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 →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$17,088/yr
At $1,424/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (8.9% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+8.9% YoY, -3.3% MoM), not inventory.
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Demographics

Who lives here

Berwyn, IL is majority owner-occupied, 24.2% of residents hold a bachelor's degree or higher.

Population
55,595
Median income
$78,408
Median age
37.8
Renters
38.9%
Age distribution
22.4%
22.9%
29.2%
13.7%
Under 1822.4%
18–3422.9%
35–5429.2%
55–6411.8%
65+13.7%
Gender
51.1%
48.9%
Male51.1%
Female48.9%
Race & ethnicity
31.5%
62.8%
White31.5%
Black7.7%
Hispanic62.8%
Asian3.9%
Education (25+)
15.7%
29%
31.1%
24.2%
No HS diploma15.7%
HS diploma29%
Some college31.1%
Bachelor's+24.2%
Housing tenure
61.1%
38.9%
Owner61.1%
Renter38.9%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Berwyn, IL has changed in 5 years

Rent
$1,042 → $1,424
up 36.7%
Income
$64,965 → $78,408
up 20.7%
Population
56,960 → 55,595
down 2.4%
Renter share
41.6% → 38.9%
-2.7 pts
Bachelor's+
24.2% → 24.2%
+0.0 pts
Median age
35.8 → 37.8
+2.0 yrs

Since 2021, the typical rent in Berwyn, IL has climbed from $1,042 to $1,424, a 36.7% change over five years. Median household income rose from $64,965 to $78,408 between 2021 and 2024, a 20.7% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 2.4% since 2021, moving from about 56,960 residents to roughly 55,595. Renters now make up 38.9% of households, compared with 41.6% five years ago. Taken together, the five-year picture in Berwyn, IL reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

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View Berwyn rent history (2015–2026) →
Salary vs rent

Can you afford rent in Berwyn on your salary?

At $1,424/mo, how Berwyn rent compares to typical pay (30% rule).

By apartment size

Berwyn rent by bedroom count

Median rent for each apartment size in Berwyn. Click any size for full breakdown.

Local insights

Tips for renters in Berwyn

About renting in Berwyn, IL

Last updated: August 17, 2026

The median rent in Berwyn is $1,424/mo as of August 2026. A studio apartment averages $1,330/mo while a 2-bedroom runs $1,600/mo. One-bedroom apartments average $1,420/mo and 3-bedroom units go for $2,060/mo.

At 22% of local median household income ($78,408/yr), Berwyn ranks as affordable compared to the national benchmark of 30%. Rents have increased 8.9% over the past year.

FAQ

Frequently asked questions

Is Berwyn an affordable city for renters?

Berwyn is considered very affordable for renters. At $1,424/mo, rent takes approximately 22% of the local median household income ($78,408/yr). The standard benchmark is 30%. Berwyn falls comfortably within that range.

How much income do you need to rent in Berwyn?

To keep rent at or below 30% of gross income, you would need to earn at least $57,000/year (~$27/hour full-time) to afford the median rent of $1,424/mo in Berwyn. The local median household income is $78,408/yr, meaning the typical Berwyn household meets that threshold.

Is rent going up or down in Berwyn?

Rent in Berwyn has increased 8.9% over the past year as of August 2026, putting upward pressure on renter budgets.

How does Berwyn rent compare to other cities in Illinois?

Berwyn is one of the more affordable cities in Illinois for rent, ranking #105 out of 142 tracked cities at $1,424/mo.

Which nearby cities are cheaper to rent in than Berwyn?

Cicero is nearby and more affordable at $1,314/mo, which is $110 less than Berwyn.

What percentage of Berwyn residents rent vs. own?

According to Census data, approximately 38.9% of Berwyn households are renters, while 61.1% are owner-occupied. Berwyn leans toward homeownership, which can mean a smaller rental inventory.

How does Berwyn rent compare to the national average?

Berwyn's median rent of $1,424/mo is $538 (27%) below the US national median of $1,962/mo. Within Illinois, it ranks #105 out of 142 tracked cities.
Income Affordability
22%
VERY AFFORDABLE

At $1,424/mo, rent takes ~22% of Berwyn's median household income ($78,408/yr). The standard benchmark is 30%.

Berwyn 22%Benchmark 30%
State income tax4.95%
Run the Berwyn affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

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Public schools near Berwyn, IL

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