City Report · IL

Matteson

Pop. 18,645·42nd most expensive in Illinois·Rental market data updated monthly for Matteson, IL
Median rent (all units)
$2,192/mo
Year-over-Year
Stable
Month-over-Month
+0.2%
vs US Median
+$260
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Matteson · $2,192
More expensive than 69% of US cities · National median $1,932/mo
Affordability
28% of income
AFFORDABLE
0%30% benchmark60%+

At $2,192/mo, rent takes about 28% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$88,000/yr
Local median income
$95,457/yr
Based on the 30%-of-income rule using Matteson's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,640
1 BR
$1,750
2 BR
$1,980
3 BR
$2,540
4 BR+
$2,990
Fair Market Rent (HUD)
$1,980/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,192 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

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Last updated: October 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($95,457) is $2,386 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,980); a 3-bedroom is $2,540.

From Zillow's monthly rent index (ZORI) for Matteson. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$26,304/yr
At $2,192/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 (+0.0% YoY, +0.2% MoM), not inventory.
Rent check

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Demographics

Who lives here

Matteson, IL is majority owner-occupied, has a large retiree population, has a median income above the national average, 39.7% of residents hold a bachelor's degree or higher.

Population
18,645
Median income
$95,457
Median age
44.5
Renters
22.6%
Age distribution
21%
17.6%
25.7%
15.5%
20.1%
Under 1821%
18–3417.6%
35–5425.7%
55–6415.5%
65+20.1%
Gender
46.4%
53.6%
Male46.4%
Female53.6%
Race & ethnicity
80.2%
White10.3%
Black80.2%
Hispanic3.6%
Asian2.4%
Other3.5%
Education (25+)
25%
30.1%
39.7%
No HS diploma5.1%
HS diploma25%
Some college30.1%
Bachelor's+39.7%
Housing tenure
77.4%
22.6%
Owner77.4%
Renter22.6%

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

2021 vs 2026

How Matteson, IL has changed in 5 years

Income
$85,332 → $95,457
up 11.9%
Population
19,047 → 18,645
down 2.1%
Renter share
23.5% → 22.6%
-0.9 pts
Bachelor's+
40.8% → 39.7%
-1.1 pts
Median age
43 → 44.5
+1.5 yrs

Census figures show median household income at $95,457 today, compared with $85,332 five years earlier. The population has contracted by 2.1% since 2021, moving from about 19,047 residents to roughly 18,645.

Community

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

Can you afford rent in Matteson on your salary?

At $2,192/mo, how Matteson rent compares to typical pay (30% rule).

By apartment size

Matteson rent by bedroom count

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

Local insights

Tips for renters in Matteson

About renting in Matteson, IL

Last updated: October 17, 2026

The median rent in Matteson is $2,192/mo as of October 2026. A studio apartment averages $1,640/mo while a 2-bedroom runs $1,980/mo. One-bedroom apartments average $1,750/mo and 3-bedroom units go for $2,540/mo.

At 28% of local median household income ($95,457/yr), Matteson ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Matteson?

To keep rent at or below 30% of gross income, you would need to earn at least $88,000/year (about $42/hour full-time) to afford the median rent of $2,192/mo in Matteson. The local median household income is $95,457/yr, so the typical household meets that bar.

Is rent going up or down in Matteson?

Rent in Matteson has been roughly flat over the past year, a 0.0% change.

How does Matteson rent compare to other cities in Illinois?

Matteson is one of the pricier among Illinois cities for rent, ranking #42 of 137 tracked cities at $2,192/mo.

Which nearby cities are cheaper to rent in than Matteson?

Nearby cities with lower median rent than Matteson ($2,192/mo) include Midlothian ($1,492/mo), Richton Park ($1,722/mo), and Park Forest ($1,857/mo).
Income Affordability
28%
AFFORDABLE

At $2,192/mo, rent takes ~28% of Matteson's median household income ($95,457/yr). The standard benchmark is 30%.

Matteson 28%Benchmark 30%
State income tax4.95%
Run the Matteson affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Matteson, IL

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