Rents are right about where Geneva's 10-year trend predicts.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,002 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 →
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in Geneva is at its highest level since Zillow's records here began in February 2022.
Rent in Geneva changed +4.5% over the year to September 2026. Across the 94 Illinois cities Zillow tracks, the typical change was +4.0%.
Rent rose in 6 of the last 12 months.
30% of the median household income ($144,341) is $3,609 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($3,470).
Woodridge, 18 miles away, rents for 18% less ($1,638/mo), about $4,400 a year in savings.
From Zillow's monthly rent index (ZORI) for Geneva. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Geneva, IL is majority owner-occupied, has a median income above the national average, 63.8% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Geneva, IL has changed in 5 years
Rent in Geneva, IL has increased 26.3% since 2022, going from about $1,585 per month to roughly $2,002 today. On the earnings side, the typical household in Geneva, IL now reports about $144,341, up from $126,759 in 2021. Rent outpaced income growth by roughly 12.4 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 21,472 to 21,258 between 2021 and 2024, a 1.0% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 61.3% to 63.8%. For context, the 2022 to 2026 window covers an unusually volatile run for US rents nationally, and Geneva, IL reflects that arc in its own way.
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Can you afford rent in Geneva on your salary?
At $2,002/mo, how Geneva rent compares to typical pay (30% rule).
Geneva rent by bedroom count
Median rent for each apartment size in Geneva. Click any size for full breakdown.
Tips for renters in Geneva
Last updated: October 17, 2026
The median rent in Geneva is $2,002/mo as of October 2026. A studio apartment averages $1,900/mo while a 2-bedroom runs $2,300/mo. One-bedroom apartments average $2,040/mo and 3-bedroom units go for $2,950/mo.
At 17% of local median household income ($144,341/yr), Geneva ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.5% over the past year.
Frequently asked questions
How much income do you need to rent in Geneva?
Is rent going up or down in Geneva?
How does Geneva rent compare to other cities in Illinois?
Which nearby cities are cheaper to rent in than Geneva?
At $2,002/mo, rent takes ~17% of Geneva's median household income ($144,341/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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