City Report · IL

Downers Grove

Pop. 50,054·40th most expensive in Illinois·Rental market data updated monthly for Downers Grove, IL
Median rent (all units)
$2,264/mo
Year-over-Year
+0.6%
Month-over-Month
-3.0%
vs US Median
+$299
Falling (Monthly)
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Most AffordableMost Expensive
Downers Grove · $2,264
More expensive than 71% of US cities · National median $1,965/mo
Rent Reality Score
59/100
Fairly priced
OverheatedFairGreat value

Rents are 5% below what Downers Grove's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,264/mo
Expected by trend
$2,370/mo
The Rent Reality Score compares today's median rent to where Downers Grove's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,720
1 BR
$1,840
2 BR
$2,080
3 BR
$2,670
4 BR+
$3,140
Research median
$2,080/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$27,168/yr
At $2,264/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (up only 0.6% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+0.6% YoY, -3.0% MoM), not inventory.
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Demographics

Who lives here

Downers Grove, IL is majority owner-occupied, has a large retiree population, has a median income above the national average, 58.2% of residents hold a bachelor's degree or higher.

Population
50,054
Median income
$115,114
Median age
43.6
Renters
24.8%
Age distribution
21.9%
17%
26%
14.2%
21%
Under 1821.9%
18–3417%
35–5426%
55–6414.2%
65+21%
Gender
48.1%
51.9%
Male48.1%
Female51.9%
Race & ethnicity
83.1%
White83.1%
Black2.8%
Hispanic5.9%
Asian5.7%
Other2.5%
Education (25+)
13.1%
24.9%
58.2%
No HS diploma3.8%
HS diploma13.1%
Some college24.9%
Bachelor's+58.2%
Housing tenure
75.2%
24.8%
Owner75.2%
Renter24.8%

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

2022 vs 2026

How Downers Grove, IL has changed in 5 years

Rent
$1,830 → $2,264
up 23.7%
Income
$105,217 → $115,114
up 9.4%
Population
50,209 → 50,054
down 0.3%
Renter share
24.3% → 24.8%
+0.5 pts
Bachelor's+
59.8% → 58.2%
-1.6 pts
Median age
42.8 → 43.6
+0.8 yrs

Compared with 2022, rent in Downers Grove, IL has climbed by $434 per month, settling near $2,264 after starting the period at $1,830. Local incomes tracked alongside that move, going from a median of $105,217 in 2021 to $115,114 more recently. Rent outpaced income growth by roughly 14.3 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Downers Grove, IL market of 2022.

Community

Discussions about Downers Grove

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View Downers Grove rent history (2015–2026) →
Salary vs rent

Can you afford rent in Downers Grove on your salary?

At $2,264/mo, how Downers Grove rent compares to typical pay (30% rule).

By apartment size

Downers Grove rent by bedroom count

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

Local insights

Tips for renters in Downers Grove

About renting in Downers Grove, IL

Last updated: July 20, 2026

The median rent in Downers Grove is $2,264/mo as of July 2026. A studio apartment averages $1,720/mo while a 2-bedroom runs $2,080/mo. One-bedroom apartments average $1,840/mo and 3-bedroom units go for $2,670/mo.

At 24% of local median household income ($115,114/yr), Downers Grove ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.6% over the past year.

FAQ

Frequently asked questions

Is Downers Grove an affordable city for renters?

Downers Grove is considered very affordable for renters. At $2,264/mo, rent takes approximately 24% of the local median household income ($115,114/yr). The standard benchmark is 30%. Downers Grove falls comfortably within that range.

How much income do you need to rent in Downers Grove?

To keep rent at or below 30% of gross income, you would need to earn at least $91,000/year (~$44/hour full-time) to afford the median rent of $2,264/mo in Downers Grove. The local median household income is $115,114/yr, meaning the typical Downers Grove household meets that threshold.

Is rent going up or down in Downers Grove?

Rent in Downers Grove has increased 0.6% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Downers Grove rent compare to other cities in Illinois?

Downers Grove is one of the pricier cities in Illinois for rent, ranking #40 out of 142 tracked cities at $2,264/mo.

Which nearby cities are cheaper to rent in than Downers Grove?

Several nearby cities have lower median rents than Downers Grove ($2,264/mo): Woodridge ($1,718/mo), Westmont ($1,928/mo), Lisle ($1,939/mo).

What percentage of Downers Grove residents rent vs. own?

According to Census data, approximately 24.8% of Downers Grove households are renters, while 75.2% are owner-occupied. Downers Grove leans toward homeownership, which can mean a smaller rental inventory.

How does Downers Grove rent compare to the national average?

Downers Grove's median rent of $2,264/mo is $299 (15%) above the US national median of $1,965/mo. Within Illinois, it ranks #40 out of 142 tracked cities.
Income Affordability
24%
VERY AFFORDABLE

At $2,264/mo, rent takes ~24% of Downers Grove's median household income ($115,114/yr). The standard benchmark is 30%.

Downers Grove 24%Benchmark 30%
State income tax4.95%
Run the Downers Grove affordability calculator →
Lowest-rent ZIP codes in Downers Grove
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Neighborhoods

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Schools nearby

Public schools near Downers Grove, IL

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