City Report · IL

Gurnee

Pop. 30,510·67th most expensive in Illinois·Gurnee rents are up 10.4% over the past year
Median rent (all units)
$1,965/mo
Year-over-Year
+10.4%
Month-over-Month
+0.4%
vs US Median
$0
Stable (Monthly)
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Most AffordableMost Expensive
Gurnee · $1,965
More expensive than 57% of US cities · National median $1,965/mo
Rent Reality Score
42/100
Fairly priced
OverheatedFairGreat value

Rents are 4% above what Gurnee's 10-year trend predicts — running hotter than its own history.

Actual rent
$1,965/mo
Expected by trend
$1,893/mo
The Rent Reality Score compares today's median rent to where Gurnee's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,630
1 BR
$1,740
2 BR
$1,970
3 BR
$2,530
4 BR+
$2,970
Research median
$1,970/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
$23,580/yr
At $1,965/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 10.4% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+10.4% YoY, +0.4% MoM), not inventory.
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Demographics

Who lives here

Gurnee, IL is majority owner-occupied, has a median income above the national average, 56.7% of residents hold a bachelor's degree or higher.

Population
30,510
Median income
$119,628
Median age
40.1
Renters
23.9%
Age distribution
20.3%
23.8%
26.3%
14%
15.5%
Under 1820.3%
18–3423.8%
35–5426.3%
55–6414%
65+15.5%
Gender
49.1%
50.9%
Male49.1%
Female50.9%
Race & ethnicity
60.3%
17%
13.4%
White60.3%
Black7.8%
Hispanic17%
Asian13.4%
Other1.5%
Education (25+)
13.9%
25.2%
56.7%
No HS diploma4.3%
HS diploma13.9%
Some college25.2%
Bachelor's+56.7%
Housing tenure
76.1%
23.9%
Owner76.1%
Renter23.9%

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

2022 vs 2026

How Gurnee, IL has changed in 5 years

Rent
$1,615 → $1,965
up 21.7%
Income
$102,140 → $119,628
up 17.1%
Population
30,826 → 30,510
down 1.0%
Renter share
28.6% → 23.9%
-4.7 pts
Bachelor's+
53.4% → 56.7%
+3.3 pts

The median rent in Gurnee, IL stood at $1,615 in 2022 and currently runs about $1,965, reflecting a 21.7% increase over the period. Household income in the area moved from $102,140 to $119,628 across the same window, up 17.1% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 1.0% since 2021, moving from about 30,826 residents to roughly 30,510. Renters now make up 23.9% of households, compared with 28.6% five years ago. College-educated residents now make up 56.7% of adults here, versus 53.4% in 2021. Reading these numbers side by side helps frame whether current listings in Gurnee, IL look reasonable against where the market sat half a decade ago.

Community

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

Can you afford rent in Gurnee on your salary?

At $1,965/mo, how Gurnee rent compares to typical pay (30% rule).

By apartment size

Gurnee rent by bedroom count

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

Local insights

Tips for renters in Gurnee

About renting in Gurnee, IL

Last updated: July 20, 2026

The median rent in Gurnee is $1,965/mo as of July 2026. A studio apartment averages $1,630/mo while a 2-bedroom runs $1,970/mo. One-bedroom apartments average $1,740/mo and 3-bedroom units go for $2,530/mo.

At 20% of local median household income ($119,628/yr), Gurnee ranks as affordable compared to the national benchmark of 30%. Rents have increased 10.4% over the past year.

FAQ

Frequently asked questions

Is Gurnee an affordable city for renters?

Gurnee is considered very affordable for renters. At $1,965/mo, rent takes approximately 20% of the local median household income ($119,628/yr). The standard benchmark is 30%. Gurnee falls comfortably within that range.

How much income do you need to rent in Gurnee?

To keep rent at or below 30% of gross income, you would need to earn at least $79,000/year (~$38/hour full-time) to afford the median rent of $1,965/mo in Gurnee. The local median household income is $119,628/yr, meaning the typical Gurnee household meets that threshold.

Is rent going up or down in Gurnee?

Rent in Gurnee has increased 10.4% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Gurnee rent compare to other cities in Illinois?

Gurnee is middle-of-the-pack for Illinois for rent, ranking #67 out of 142 tracked cities at $1,965/mo.

Which nearby cities are cheaper to rent in than Gurnee?

Several nearby cities have lower median rents than Gurnee ($1,965/mo): Zion ($1,526/mo), Waukegan ($1,648/mo).

What percentage of Gurnee residents rent vs. own?

According to Census data, approximately 23.9% of Gurnee households are renters, while 76.1% are owner-occupied. Gurnee leans toward homeownership, which can mean a smaller rental inventory.

How does Gurnee rent compare to the national average?

Gurnee's median rent of $1,965/mo is exactly at the US national median of $1,965/mo. Within Illinois, it ranks #67 out of 142 tracked cities.
Income Affordability
20%
VERY AFFORDABLE

At $1,965/mo, rent takes ~20% of Gurnee's median household income ($119,628/yr). The standard benchmark is 30%.

Gurnee 20%Benchmark 30%
State income tax4.95%
Run the Gurnee affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Gurnee, IL

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