City Report · IL

Collinsville

Pop. 24,031·123rd most expensive in Illinois·One of the most affordable rental markets in the US
Median rent (all units)
$1,203/mo
Year-over-Year
+2.8%
Month-over-Month
-4.1%
vs US Median
-$759
Falling (Monthly)
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Most AffordableMost Expensive
Collinsville · $1,203
More affordable than 92% of US cities · National median $1,962/mo
Rent Reality Score
55/100
Fairly priced
OverheatedFairGreat value

Rents are 2% below what Collinsville's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,203/mo
Expected by trend
$1,231/mo
The Rent Reality Score compares today's median rent to where Collinsville's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$880
1 BR
$920
2 BR
$1,130
3 BR
$1,460
4 BR+
$1,680
Fair Market Rent (HUD)
$1,130/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,203 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
$14,436/yr
At $1,203/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (up only 2.8% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+2.8% YoY, -4.1% MoM), not inventory.
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Demographics

Who lives here

Collinsville, IL is majority owner-occupied, 31% of residents hold a bachelor's degree or higher.

Population
24,031
Median income
$67,612
Median age
38.5
Renters
34%
Age distribution
19.7%
23.3%
25.7%
13%
18.2%
Under 1819.7%
18–3423.3%
35–5425.7%
55–6413%
65+18.2%
Gender
48.8%
51.2%
Male48.8%
Female51.2%
Race & ethnicity
71.8%
16.1%
White71.8%
Black16.1%
Hispanic6.7%
Asian1.2%
Other4.2%
Education (25+)
28.4%
34.4%
31%
No HS diploma6.2%
HS diploma28.4%
Some college34.4%
Bachelor's+31%
Housing tenure
66%
34%
Owner66%
Renter34%

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

2023 vs 2026

How Collinsville, IL has changed in 5 years

Rent
$994 → $1,203
up 21.0%
Income
$60,793 → $67,612
up 11.2%
Population
24,627 → 24,031
down 2.4%
Renter share
34.1% → 34%
-0.1 pts
Bachelor's+
30.6% → 31%
+0.4 pts

Across the past five years, the going rent in Collinsville, IL has shifted from $994 to $1,203, up 21.0% since 2023. Local incomes tracked alongside that move, going from a median of $60,793 in 2021 to $67,612 more recently. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Collinsville, IL losing about 596 residents over the five-year window, down 2.4% on net. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Collinsville, IL market of 2023.

Community

Discussions about Collinsville

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

Can you afford rent in Collinsville on your salary?

At $1,203/mo, how Collinsville rent compares to typical pay (30% rule).

By apartment size

Collinsville rent by bedroom count

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

Local insights

Tips for renters in Collinsville

About renting in Collinsville, IL

Last updated: August 17, 2026

The median rent in Collinsville is $1,203/mo as of August 2026. A studio apartment averages $880/mo while a 2-bedroom runs $1,130/mo. One-bedroom apartments average $920/mo and 3-bedroom units go for $1,460/mo.

At 21% of local median household income ($67,612/yr), Collinsville ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.8% over the past year.

FAQ

Frequently asked questions

Is Collinsville an affordable city for renters?

Collinsville is considered very affordable for renters. At $1,203/mo, rent takes approximately 21% of the local median household income ($67,612/yr). The standard benchmark is 30%. Collinsville falls comfortably within that range.

How much income do you need to rent in Collinsville?

To keep rent at or below 30% of gross income, you would need to earn at least $48,000/year (~$23/hour full-time) to afford the median rent of $1,203/mo in Collinsville. The local median household income is $67,612/yr, meaning the typical Collinsville household meets that threshold.

Is rent going up or down in Collinsville?

Rent in Collinsville has increased 2.8% over the past year as of August 2026, putting upward pressure on renter budgets.

How does Collinsville rent compare to other cities in Illinois?

Collinsville is one of the more affordable cities in Illinois for rent, ranking #123 out of 142 tracked cities at $1,203/mo.

Which nearby cities are cheaper to rent in than Collinsville?

Several nearby cities have lower median rents than Collinsville ($1,203/mo): Granite City ($1,011/mo), Pontoon Beach ($1,200/mo).

What percentage of Collinsville residents rent vs. own?

According to Census data, approximately 34% of Collinsville households are renters, while 66% are owner-occupied. Collinsville leans toward homeownership, which can mean a smaller rental inventory.

How does Collinsville rent compare to the national average?

Collinsville's median rent of $1,203/mo is $759 (39%) below the US national median of $1,962/mo. Within Illinois, it ranks #123 out of 142 tracked cities.
Income Affordability
21%
VERY AFFORDABLE

At $1,203/mo, rent takes ~21% of Collinsville's median household income ($67,612/yr). The standard benchmark is 30%.

Collinsville 21%Benchmark 30%
State income tax4.95%
Run the Collinsville affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Collinsville, IL

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