City Report · IL

Downers Grove

Pop. 50,054·36th most expensive in Illinois·Rental market data updated monthly for Downers Grove, IL
Median rent (all units)
$2,248/mo
Year-over-Year
+4.0%
Month-over-Month
+0.3%
vs US Median
+$316
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Downers Grove · $2,248
More expensive than 71% of US cities · National median $1,932/mo
Rent Reality Score
56/100
Fairly priced
OverheatedFairGreat value

Rents are 3% below what Downers Grove's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,248/mo
Expected by trend
$2,315/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
Fair Market Rent (HUD)
$2,080/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,248 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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in Downers Grove is at its highest level since Zillow's records here began in December 2021.

Past year vs. the rest of Illinois

Rent in Downers Grove changed +4.0% over the year to September 2026. Across the 94 Illinois cities Zillow tracks, the typical change was +4.0%.

Recent direction

Rent has risen 3 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($115,114) is $2,878 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,670); a 4-bedroom is $3,140.

Cheaper nearby

Westmont, 3 miles away, rents for 17% less ($1,871/mo), about $4,500 a year in savings.

From Zillow's monthly rent index (ZORI) for Downers Grove. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$26,976/yr
At $2,248/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (4.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+4.0% YoY, +0.3% MoM), not inventory.
Rent check

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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
$1,802 → $2,248
up 24.8%
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 $446 per month, settling near $2,248 after starting the period at $1,802. 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 15.4 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

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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 $2,248/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: October 17, 2026

The median rent in Downers Grove is $2,248/mo as of October 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 23% of local median household income ($115,114/yr), Downers Grove ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.0% over the past year.

FAQ

Frequently asked questions

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 $90,000/year (about $43/hour full-time) to afford the median rent of $2,248/mo in Downers Grove. The local median household income is $115,114/yr, so the typical household meets that bar.

Is rent going up or down in Downers Grove?

Rent in Downers Grove has risen 4.0% over the past year as of September 2026. That is the highest level since Zillow's records here began in December 2021.

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

Downers Grove is one of the pricier among Illinois cities for rent, ranking #36 of 137 tracked cities at $2,248/mo. Over the year to September 2026, rent in Downers Grove changed +4.0%, against a typical +4.0% across the 94 Illinois cities Zillow tracks.

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

Nearby cities with lower median rent than Downers Grove ($2,248/mo) include Woodridge ($1,638/mo), Westmont ($1,871/mo), and Lisle ($1,919/mo).
Income Affordability
23%
VERY AFFORDABLE

At $2,248/mo, rent takes ~23% of Downers Grove's median household income ($115,114/yr). The standard benchmark is 30%.

Downers Grove 23%Benchmark 30%
State income tax4.95%
Run the Downers Grove affordability calculator →
Lowest-rent ZIP codes in Downers Grove
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Downers Grove, IL

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