At $2,327/mo, rent takes about 26% 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 $2,327 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: October 17, 2026
What the numbers show
Rent in Mundelein changed +2.2% over the year to September 2026. Across the 94 Illinois cities Zillow tracks, the typical change was +4.0%.
Rent rose in 8 of the last 12 months.
30% of the median household income ($108,340) is $2,709 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,570); a 4-bedroom is $3,020.
Gurnee, 9 miles away, rents for 16% less ($1,944/mo), about $4,600 a year in savings.
From Zillow's monthly rent index (ZORI) for Mundelein. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Mundelein, IL is majority owner-occupied, has a median income above the national average, 46% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Mundelein, IL has changed in 5 years
Household income in the area moved from $96,993 to $108,340 across the same window, up 11.7% versus 2021. The population has grown by 1.0% since 2021, moving from about 31,596 residents to roughly 31,915. College-educated residents now make up 46% of adults here, versus 41.5% in 2021.
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Can you afford rent in Mundelein on your salary?
At $2,327/mo, how Mundelein rent compares to typical pay (30% rule).
Mundelein rent by bedroom count
Median rent for each apartment size in Mundelein. Click any size for full breakdown.
Tips for renters in Mundelein
Last updated: October 17, 2026
The median rent in Mundelein is $2,327/mo as of October 2026. A studio apartment averages $1,660/mo while a 2-bedroom runs $2,000/mo. One-bedroom apartments average $1,770/mo and 3-bedroom units go for $2,570/mo.
At 26% of local median household income ($108,340/yr), Mundelein ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.2% over the past year.
Frequently asked questions
How much income do you need to rent in Mundelein?
Is rent going up or down in Mundelein?
How does Mundelein rent compare to other cities in Illinois?
Which nearby cities are cheaper to rent in than Mundelein?
At $2,327/mo, rent takes ~26% of Mundelein's median household income ($108,340/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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