City Report · IL

Joliet

Pop. 150,445·90th most expensive in Illinois·Joliet rents are up 8.2% over the past year
Median rent (all units)
$1,614/mo
Year-over-Year
+8.2%
Month-over-Month
+0.3%
vs US Median
-$351
Stable (Monthly)
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Most AffordableMost Expensive
Joliet · $1,614
More affordable than 69% of US cities · National median $1,965/mo
Rent Reality Score
35/100
Overpriced
OverheatedFairGreat value

Rents are 8% above what Joliet's 10-year trend predicts — running hotter than its own history.

Actual rent
$1,614/mo
Expected by trend
$1,501/mo
The Rent Reality Score compares today's median rent to where Joliet's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,330
1 BR
$1,420
2 BR
$1,600
3 BR
$2,060
4 BR+
$2,410
Research median
$1,600/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
$19,368/yr
At $1,614/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 8.2% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+8.2% YoY, +0.3% MoM), not inventory.
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Demographics

Who lives here

Joliet, IL is majority owner-occupied, has a median income above the national average, 25.5% of residents hold a bachelor's degree or higher.

Population
150,445
Median income
$92,201
Median age
35.8
Renters
26.3%
Age distribution
24.4%
24.4%
29.1%
Under 1824.4%
18–3424.4%
35–5429.1%
55–6410.6%
65+11.5%
Gender
50.4%
49.6%
Male50.4%
Female49.6%
Race & ethnicity
49.9%
16.3%
34.2%
White49.9%
Black16.3%
Hispanic34.2%
Asian2.5%
Education (25+)
14.7%
29%
30.8%
25.5%
No HS diploma14.7%
HS diploma29%
Some college30.8%
Bachelor's+25.5%
Housing tenure
73.7%
26.3%
Owner73.7%
Renter26.3%

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

2021 vs 2026

How Joliet, IL has changed in 5 years

Rent
$1,082 → $1,614
up 49.2%
Income
$77,373 → $92,201
up 19.2%
Population
150,323 → 150,445
up 0.1%
Renter share
29.5% → 26.3%
-3.2 pts
Bachelor's+
24.5% → 25.5%
+1.0 pts
Median age
33.6 → 35.8
+2.2 yrs

Five years ago, renters in Joliet, IL paid around $1,082 a month. That figure now sits near $1,614, up 49.2% from the 2021 baseline. On the earnings side, the typical household in Joliet, IL now reports about $92,201, up from $77,373 in 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. The renter share has eased from 29.5% to 26.3%, with owner-occupied housing accounting for the remainder. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and Joliet, IL reflects that arc in its own way.

Community

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

Can you afford rent in Joliet on your salary?

At $1,614/mo, how Joliet rent compares to typical pay (30% rule).

By apartment size

Joliet rent by bedroom count

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

Local insights

Tips for renters in Joliet

About renting in Joliet, IL

Last updated: July 20, 2026

The median rent in Joliet is $1,614/mo as of July 2026. A studio apartment averages $1,330/mo while a 2-bedroom runs $1,600/mo. One-bedroom apartments average $1,420/mo and 3-bedroom units go for $2,060/mo.

At 21% of local median household income ($92,201/yr), Joliet ranks as affordable compared to the national benchmark of 30%. Rents have increased 8.2% over the past year.

FAQ

Frequently asked questions

Is Joliet an affordable city for renters?

Joliet is considered very affordable for renters. At $1,614/mo, rent takes approximately 21% of the local median household income ($92,201/yr). The standard benchmark is 30%. Joliet falls comfortably within that range.

How much income do you need to rent in Joliet?

To keep rent at or below 30% of gross income, you would need to earn at least $65,000/year (~$31/hour full-time) to afford the median rent of $1,614/mo in Joliet. The local median household income is $92,201/yr, meaning the typical Joliet household meets that threshold.

Is rent going up or down in Joliet?

Rent in Joliet has increased 8.2% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Joliet rent compare to other cities in Illinois?

Joliet is middle-of-the-pack for Illinois for rent, ranking #90 out of 142 tracked cities at $1,614/mo.

What percentage of Joliet residents rent vs. own?

According to Census data, approximately 26.3% of Joliet households are renters, while 73.7% are owner-occupied. Joliet leans toward homeownership, which can mean a smaller rental inventory.

How does Joliet rent compare to the national average?

Joliet's median rent of $1,614/mo is $351 (18%) below the US national median of $1,965/mo. Within Illinois, it ranks #90 out of 142 tracked cities.
Income Affordability
21%
VERY AFFORDABLE

At $1,614/mo, rent takes ~21% of Joliet's median household income ($92,201/yr). The standard benchmark is 30%.

Joliet 21%Benchmark 30%
State income tax4.95%
Run the Joliet affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Joliet, IL

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