How much does it cost to rent in Lockport, IL?

As of July 2026, the median monthly rent in Lockport, IL is $2,029. This figure is based on aggregated data from public sources and community-submitted rents.

Is Lockport cheaper than other Illinois cities?

Lockport falls in the middle range for Illinois, ranking #62 out of 142 cities at $2,029/mo.

When was Lockport rent data last updated?

Lockport rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · IL

Lockport

Name: Average Rent Prices in Lockport, IL
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 26,409·62nd most expensive in Illinois·Lockport rents have dropped 12.7%, currently a renter's market

Median rent (all units)

$2,029/mo

Year-over-Year

-12.7%

Month-over-Month

+1.7%

vs US Median

+$64

Rising (Monthly)

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Most AffordableMost Expensive

Lockport · $2,029

More expensive than 61% of US cities · National median $1,965/mo

Rent Reality Score

78/100

Good value

OverheatedFairGreat value

Rents are 14% below what Lockport's 10-year trend predicts — a better deal than its own history suggests.

Actual rent

$2,029/mo

Expected by trend

$2,362/mo

The Rent Reality Score compares today's median rent to where Lockport's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$1,570

1 BR

$1,670

2 BR

$1,890

3 BR

$2,430

4 BR+

$2,850

Research median

$1,890/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

$24,348/yr

At $2,029/mo median

Rent Market Meter

Strong Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are down 12.7% year-over-year. Push hard on price, concessions, and lease terms.

Based on rent-price momentum (-12.7% YoY, +1.7% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Lockport, IL is majority owner-occupied, has a median income above the national average, 44.5% of residents hold a bachelor's degree or higher.

Population

26,409

Median income

$111,981

Median age

38.5

Renters

15.4%

Age distribution

23.4%

21%

29.9%

12.9%

12.8%

Under 1823.4%

18–3421%

35–5429.9%

55–6412.9%

65+12.8%

Gender

49.3%

50.7%

Male49.3%

Female50.7%

Race & ethnicity

87.3%

White87.3%

Black1%

Hispanic9.3%

Asian1.1%

Other1.2%

Education (25+)

24.9%

27.9%

44.5%

No HS diploma2.7%

HS diploma24.9%

Some college27.9%

Bachelor's+44.5%

Housing tenure

84.6%

15.4%

Owner84.6%

Renter15.4%

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

2021 vs 2026

How Lockport, IL has changed in 5 years

Rent

$1,573 → $2,029

up 29.0%

Income

$96,481 → $111,981

up 16.1%

Population

26,070 → 26,409

up 1.3%

Renter share

18% → 15.4%

-2.6 pts

Bachelor's+

40.4% → 44.5%

+4.1 pts

Median age

36.8 → 38.5

+1.7 yrs

Rent in Lockport, IL has climbed 29.0% since 2021, going from about $1,573 per month to roughly $2,029 today. Census figures show median household income at $111,981 today, compared with $96,481 five years earlier. Rent outpaced income growth by roughly 12.9 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 26,070 to 26,409 between 2021 and 2024, a 1.3% change. About 15.4% of households rent today, against 18% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 40.4% to 44.5%. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

Discussions about Lockport

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View Lockport rent history (2015–2026) →

Salary vs rent

Can you afford rent in Lockport on your salary?

At $2,029/mo, how Lockport rent compares to typical pay (30% rule).

Registered Nurse

Avg $96,370/yr · Rent = 25.3% income

affordable

Elementary School Teacher

Avg $68,422/yr · Rent = 35.6% income

stretched

Police Officer

Avg $78,815/yr · Rent = 30.9% income

stretched

Software Developer

Avg $140,872/yr · Rent = 17.3% income

very comfortable

Lawyer

Avg $179,999/yr · Rent = 13.5% income

very comfortable

Firefighter

Avg $64,066/yr · Rent = 38% income

stretched

Truck Driver

Avg $57,844/yr · Rent = 42.1% income

rent-burdened

Electrician

Avg $71,298/yr · Rent = 34.1% income

stretched

By apartment size

Lockport rent by bedroom count

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

Local insights

Tips for renters in Lockport

About renting in Lockport, IL

Last updated: July 20, 2026

The median rent in Lockport is $2,029/mo as of July 2026. A studio apartment averages $1,570/mo while a 2-bedroom runs $1,890/mo. One-bedroom apartments average $1,670/mo and 3-bedroom units go for $2,430/mo.

At 22% of local median household income ($111,981/yr), Lockport ranks as affordable compared to the national benchmark of 30%. Rents have decreased 12.7% over the past year.

FAQ

Frequently asked questions

Is Lockport an affordable city for renters?

Lockport is considered very affordable for renters. At $2,029/mo, rent takes approximately 22% of the local median household income ($111,981/yr). The standard benchmark is 30%. Lockport falls comfortably within that range.

How much income do you need to rent in Lockport?

To keep rent at or below 30% of gross income, you would need to earn at least $81,000/year (~$39/hour full-time) to afford the median rent of $2,029/mo in Lockport. The local median household income is $111,981/yr, meaning the typical Lockport household meets that threshold.

Is rent going up or down in Lockport?

Rent in Lockport has decreased 12.7% over the past year as of July 2026, offering some relief compared to 12 months ago.

How does Lockport rent compare to other cities in Illinois?

Lockport is middle-of-the-pack for Illinois for rent, ranking #62 out of 142 tracked cities at $2,029/mo.

Which nearby cities are cheaper to rent in than Lockport?

Several nearby cities have lower median rents than Lockport ($2,029/mo): Joliet ($1,614/mo), Woodridge ($1,718/mo).

What percentage of Lockport residents rent vs. own?

According to Census data, approximately 15.4% of Lockport households are renters, while 84.6% are owner-occupied. Lockport leans toward homeownership, which can mean a smaller rental inventory.

How does Lockport rent compare to the national average?

Lockport's median rent of $2,029/mo is $64 (3%) above the US national median of $1,965/mo. Within Illinois, it ranks #62 out of 142 tracked cities.

Income Affordability

22%

VERY AFFORDABLE

At $2,029/mo, rent takes ~22% of Lockport's median household income ($111,981/yr). The standard benchmark is 30%.

Lockport 22%Benchmark 30%

State income tax4.95%

Run the Lockport affordability calculator →

Nearby cities