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City Report · IL

Itasca

Pop. 9,355·44th most expensive in Illinois·Itasca rents have dropped 6.3%, currently a renter's market
Median rent (all units)
$2,228/mo
Year-over-Year
-6.3%
Month-over-Month
+7.0%
vs US Median
+$263
Rising (Monthly)
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Most AffordableMost Expensive
Itasca · $2,228
More expensive than 70% of US cities · National median $1,965/mo
Affordability
23% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $2,228/mo, rent takes about 23% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$89,000/yr
Local median income
$114,294/yr
Based on the 30%-of-income rule using Itasca's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,680
1 BR
$1,800
2 BR
$2,030
3 BR
$2,610
4 BR+
$3,060
Research median
$2,030/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
$26,736/yr
At $2,228/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 6.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (-6.3% YoY, +7.0% MoM), not inventory.
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Demographics

Who lives here

Itasca, IL is majority owner-occupied, has a median income above the national average, 52.9% of residents hold a bachelor's degree or higher.

Population
9,355
Median income
$114,294
Median age
43.1
Renters
30.7%
Age distribution
21%
18.6%
30.5%
15.4%
14.6%
Under 1821%
18–3418.6%
35–5430.5%
55–6415.4%
65+14.6%
Gender
47.1%
52.9%
Male47.1%
Female52.9%
Race & ethnicity
70.3%
13.7%
13.3%
White70.3%
Hispanic13.7%
Asian13.3%
Other2.3%
Education (25+)
19.1%
22.6%
52.9%
No HS diploma5.4%
HS diploma19.1%
Some college22.6%
Bachelor's+52.9%
Housing tenure
69.3%
30.7%
Owner69.3%
Renter30.7%

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

2021 vs 2026

How Itasca, IL has changed in 5 years

Income
$109,146 → $114,294
up 4.7%
Population
9,623 → 9,355
down 2.8%
Renter share
25.9% → 30.7%
+4.8 pts
Bachelor's+
48.2% → 52.9%
+4.7 pts
Median age
45.2 → 43.1
-2.1 yrs

Household income in the area moved from $109,146 to $114,294 across the same window, up 4.7% versus 2021. Census counts show Itasca, IL losing about 268 residents over the five-year window, down 2.8% on net. The renter share has risen from 25.9% to 30.7%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 48.2% to 52.9% across the same window.

Community

Discussions about Itasca

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

Can you afford rent in Itasca on your salary?

At $2,228/mo, how Itasca rent compares to typical pay (30% rule).

By apartment size

Itasca rent by bedroom count

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

Local insights

Tips for renters in Itasca

About renting in Itasca, IL

Last updated: July 20, 2026

The median rent in Itasca is $2,228/mo as of July 2026. A studio apartment averages $1,680/mo while a 2-bedroom runs $2,030/mo. One-bedroom apartments average $1,800/mo and 3-bedroom units go for $2,610/mo.

At 23% of local median household income ($114,294/yr), Itasca ranks as affordable compared to the national benchmark of 30%. Rents have decreased 6.3% over the past year.

FAQ

Frequently asked questions

Is Itasca an affordable city for renters?

Itasca is considered very affordable for renters. At $2,228/mo, rent takes approximately 23% of the local median household income ($114,294/yr). The standard benchmark is 30%. Itasca falls comfortably within that range.

How much income do you need to rent in Itasca?

To keep rent at or below 30% of gross income, you would need to earn at least $89,000/year (~$43/hour full-time) to afford the median rent of $2,228/mo in Itasca. The local median household income is $114,294/yr, meaning the typical Itasca household meets that threshold.

Is rent going up or down in Itasca?

Rent in Itasca has decreased 6.3% over the past year as of July 2026, offering some relief compared to 12 months ago.

How does Itasca rent compare to other cities in Illinois?

Itasca is one of the pricier cities in Illinois for rent, ranking #44 out of 142 tracked cities at $2,228/mo.

Which nearby cities are cheaper to rent in than Itasca?

Several nearby cities have lower median rents than Itasca ($2,228/mo): Elk Grove Village ($1,781/mo), Addison ($1,853/mo), Glendale Heights ($1,949/mo).

What percentage of Itasca residents rent vs. own?

According to Census data, approximately 30.7% of Itasca households are renters, while 69.3% are owner-occupied. Itasca leans toward homeownership, which can mean a smaller rental inventory.

How does Itasca rent compare to the national average?

Itasca's median rent of $2,228/mo is $263 (13%) above the US national median of $1,965/mo. Within Illinois, it ranks #44 out of 142 tracked cities.
Income Affordability
23%
VERY AFFORDABLE

At $2,228/mo, rent takes ~23% of Itasca's median household income ($114,294/yr). The standard benchmark is 30%.

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

Estimated from ZIP-level data

Schools nearby

Public schools near Itasca, IL

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