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City Report · IL

Broadview

Pop. 7,896·110th most expensive in Illinois·One of the most affordable rental markets in the US
Median rent (all units)
$1,345/mo
Year-over-Year
Stable
Month-over-Month
+0.1%
vs US Median
-$617
Stable (Monthly)
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Most AffordableMost Expensive
Broadview · $1,345
More affordable than 85% of US cities · National median $1,962/mo
Affordability
25% of income
AFFORDABLE
0%30% benchmark60%+

At $1,345/mo, rent takes about 25% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$54,000/yr
Local median income
$64,697/yr
Based on the 30%-of-income rule using Broadview's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,160
1 BR
$1,240
2 BR
$1,400
3 BR
$1,800
4 BR+
$2,110
Fair Market Rent (HUD)
$1,400/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,345 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
$16,140/yr
At $1,345/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, +0.1% MoM), not inventory.
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Demographics

Who lives here

Broadview, IL is majority owner-occupied, has a large retiree population, has a median income below the national average, 17.8% of residents hold a bachelor's degree or higher.

Population
7,896
Median income
$64,697
Median age
41.8
Renters
39.6%
Age distribution
24.1%
20%
20.6%
14.9%
20.4%
Under 1824.1%
18–3420%
35–5420.6%
55–6414.9%
65+20.4%
Gender
52%
48%
Male52%
Female48%
Race & ethnicity
59.7%
23.6%
White11.1%
Black59.7%
Hispanic23.6%
Asian1.9%
Other3.8%
Education (25+)
16.1%
35.3%
30.8%
17.8%
No HS diploma16.1%
HS diploma35.3%
Some college30.8%
Bachelor's+17.8%
Housing tenure
60.4%
39.6%
Owner60.4%
Renter39.6%

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

2021 vs 2026

How Broadview, IL has changed in 5 years

Income
$56,798 → $64,697
up 13.9%
Population
7,997 → 7,896
down 1.3%
Renter share
33.6% → 39.6%
+6.0 pts
Bachelor's+
13.9% → 17.8%
+3.9 pts
Median age
40.7 → 41.8
+1.1 yrs

Household income in the area moved from $56,798 to $64,697 across the same window, up 13.9% versus 2021. The population has contracted by 1.3% since 2021, moving from about 7,997 residents to roughly 7,896. Renters now make up 39.6% of households, compared with 33.6% five years ago. College-educated residents now make up 17.8% of adults here, versus 13.9% in 2021.

Community

Discussions about Broadview

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

Can you afford rent in Broadview on your salary?

At $1,345/mo, how Broadview rent compares to typical pay (30% rule).

By apartment size

Broadview rent by bedroom count

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

Local insights

Tips for renters in Broadview

About renting in Broadview, IL

Last updated: August 17, 2026

The median rent in Broadview is $1,345/mo as of August 2026. A studio apartment averages $1,160/mo while a 2-bedroom runs $1,400/mo. One-bedroom apartments average $1,240/mo and 3-bedroom units go for $1,800/mo.

At 25% of local median household income ($64,697/yr), Broadview ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Broadview an affordable city for renters?

Broadview is considered affordable for renters. At $1,345/mo, rent takes approximately 25% of the local median household income ($64,697/yr). The standard benchmark is 30%. Broadview falls comfortably within that range.

How much income do you need to rent in Broadview?

To keep rent at or below 30% of gross income, you would need to earn at least $54,000/year (~$26/hour full-time) to afford the median rent of $1,345/mo in Broadview. The local median household income is $64,697/yr, meaning the typical Broadview household meets that threshold.

Is rent going up or down in Broadview?

Rent in Broadview has been relatively stable over the past year, with a 0.0% change year over year as of August 2026.

How does Broadview rent compare to other cities in Illinois?

Broadview is one of the more affordable cities in Illinois for rent, ranking #110 out of 142 tracked cities at $1,345/mo.

What percentage of Broadview residents rent vs. own?

According to Census data, approximately 39.6% of Broadview households are renters, while 60.4% are owner-occupied. Broadview leans toward homeownership, which can mean a smaller rental inventory.

How does Broadview rent compare to the national average?

Broadview's median rent of $1,345/mo is $617 (31%) below the US national median of $1,962/mo. Within Illinois, it ranks #110 out of 142 tracked cities.
Income Affordability
25%
AFFORDABLE

At $1,345/mo, rent takes ~25% of Broadview's median household income ($64,697/yr). The standard benchmark is 30%.

Broadview 25%Benchmark 30%
State income tax4.95%
Run the Broadview affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Broadview, IL

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