At $2,381/mo, rent takes about 25% 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 $2,381 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
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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Itasca, IL has changed in 5 years
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.
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Can you afford rent in Itasca on your salary?
At $2,381/mo, how Itasca rent compares to typical pay (30% rule).
Itasca rent by bedroom count
Median rent for each apartment size in Itasca. Click any size for full breakdown.
Tips for renters in Itasca
Last updated: August 17, 2026
The median rent in Itasca is $2,381/mo as of August 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 25% of local median household income ($114,294/yr), Itasca ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.3% over the past year.
Frequently asked questions
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What percentage of Itasca residents rent vs. own?
How does Itasca rent compare to the national average?
At $2,381/mo, rent takes ~25% of Itasca's median household income ($114,294/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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