At $1,011/mo, rent takes about 20% of the local median household income, comfortably within the 30% benchmark.
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 $1,011 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: August 17, 2026
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Who lives here
Granite City, IL is majority owner-occupied, has a median income below the national average, 15.6% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Granite City, IL has changed in 5 years
On the earnings side, the typical household in Granite City, IL now reports about $59,205, up from $53,757 in 2021. Census counts show Granite City, IL losing about 787 residents over the five-year window, down 2.9% on net. The renter share has eased from 33.1% to 27.4%, with owner-occupied housing accounting for the remainder.
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Can you afford rent in Granite City on your salary?
At $1,011/mo, how Granite City rent compares to typical pay (30% rule).
Granite City rent by bedroom count
Median rent for each apartment size in Granite City. Click any size for full breakdown.
Tips for renters in Granite City
Last updated: August 17, 2026
The median rent in Granite City is $1,011/mo as of August 2026. A studio apartment averages $840/mo while a 2-bedroom runs $1,090/mo. One-bedroom apartments average $880/mo and 3-bedroom units go for $1,410/mo.
At 20% of local median household income ($59,205/yr), Granite City ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.
Frequently asked questions
Is Granite City an affordable city for renters?
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How does Granite City rent compare to other cities in Illinois?
What percentage of Granite City residents rent vs. own?
How does Granite City rent compare to the national average?
At $1,011/mo, rent takes ~20% of Granite City's median household income ($59,205/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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