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

As of August 2026, the median monthly rent in Lockport, IL is $2,132. 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 #49 out of 142 cities at $2,132/mo.

When was Lockport rent data last updated?

Lockport rent data reflects August 2026 and was last refreshed on August 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.

What is the Fair Market Rent in Lockport, IL?

HUD sets the Fair Market Rent for a two-bedroom home in Lockport, IL at $1,890 per month, which is 11% below the $2,132 market median. Fair Market Rent is the Housing Choice Voucher (Section 8) payment standard. It is a 40th-percentile gross rent that includes essential utilities such as electricity, water, gas, sewer, and trash, and HUD updates it once a year, so it measures something different from current market asking rent.

City Report · IL

Lockport

Name: Average Rent Prices in Lockport, IL
Creator: RentDataNow
License: https://creativecommons.org/licenses/by/4.0/

Pop. 26,409·49th most expensive in Illinois·Lockport rents have dropped 9.3%, currently a renter's market

Median rent (all units)

$2,132/mo

Year-over-Year

-9.3%

Month-over-Month

+5.1%

vs US Median

+$170

Rising (Monthly)

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Most AffordableMost Expensive

Lockport · $2,132

More expensive than 66% of US cities · National median $1,962/mo

Rent Reality Score

72/100

Good value

OverheatedFairGreat value

Rents are 11% below what Lockport's 10-year trend predicts — a better deal than its own history suggests.

Actual rent

$2,132/mo

Expected by trend

$2,397/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

Fair Market Rent (HUD)

$1,890/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,132 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 →

Rent trends

12-month history

Loading…

Last updated: August 17, 2026

Annual cost

$25,584/yr

At $2,132/mo median

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (-9.3% YoY, +5.1% 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 → $2,132

up 35.5%

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 35.5% since 2021, going from about $1,573 per month to roughly $2,132 today. Census figures show median household income at $111,981 today, compared with $96,481 five years earlier. Rent outpaced income growth by roughly 19.4 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 $2,132/mo, how Lockport rent compares to typical pay (30% rule).

Registered Nurse

Avg $96,370/yr · Rent = 26.5% income

affordable

Elementary School Teacher

Avg $68,422/yr · Rent = 37.4% income

stretched

Police Officer

Avg $78,815/yr · Rent = 32.5% income

stretched

Software Developer

Avg $140,872/yr · Rent = 18.2% income

very comfortable

Lawyer

Avg $179,999/yr · Rent = 14.2% income

very comfortable

Firefighter

Avg $64,066/yr · Rent = 39.9% income

stretched

Truck Driver

Avg $57,844/yr · Rent = 44.2% income

rent-burdened

Electrician

Avg $71,298/yr · Rent = 35.9% 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: August 17, 2026

The median rent in Lockport is $2,132/mo as of August 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 23% of local median household income ($111,981/yr), Lockport ranks as affordable compared to the national benchmark of 30%. Rents have decreased 9.3% over the past year.

FAQ

Frequently asked questions

Is Lockport an affordable city for renters?

Lockport is considered very affordable for renters. At $2,132/mo, rent takes approximately 23% 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 $85,000/year (~$41/hour full-time) to afford the median rent of $2,132/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 9.3% over the past year as of August 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 #49 out of 142 tracked cities at $2,132/mo.

Which nearby cities are cheaper to rent in than Lockport?

Several nearby cities have lower median rents than Lockport ($2,132/mo): Joliet ($1,621/mo), Woodridge ($1,725/mo), Romeoville ($2,124/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 $2,132/mo is $170 (9%) above the US national median of $1,962/mo. Within Illinois, it ranks #49 out of 142 tracked cities.

Income Affordability

23%

VERY AFFORDABLE

At $2,132/mo, rent takes ~23% of Lockport's median household income ($111,981/yr). The standard benchmark is 30%.

Lockport 23%Benchmark 30%

State income tax4.95%

Run the Lockport affordability calculator →

Nearby cities

Romeoville

$2,124/mo

-$8

Joliet