City Report · IL

O Fallon

Pop. 32,262·86th most expensive in Illinois·O Fallon rents are up 6.7% over the past year
Median rent (all units)
$1,631/mo
Year-over-Year
+6.7%
Month-over-Month
+0.6%
vs US Median
-$301
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
O Fallon · $1,631
More affordable than 66% of US cities · National median $1,932/mo
Rent Reality Score
45/100
Fairly priced
OverheatedFairGreat value

Rents are 3% above what O Fallon's 10-year trend predicts — running hotter than its own history.

Actual rent
$1,631/mo
Expected by trend
$1,591/mo
The Rent Reality Score compares today's median rent to where O Fallon's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,130
1 BR
$1,170
2 BR
$1,440
3 BR
$1,860
4 BR+
$2,140
Fair Market Rent (HUD)
$1,440/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,631 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

Compared with the peak

Rent in O Fallon is at its highest level since Zillow's records here began in January 2022.

Past year vs. the rest of Illinois

Rent in O Fallon changed +6.7% over the year to September 2026. Across the 94 Illinois cities Zillow tracks, the typical change was +4.0%.

Recent direction

Rent has risen 5 months in a row, and rose in 10 of the last 12 months.

Cheaper nearby

Fairview Heights, 5 miles away, rents for 21% less ($1,287/mo), about $4,100 a year in savings.

From Zillow's monthly rent index (ZORI) for O Fallon.

Annual cost
$19,572/yr
At $1,631/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 6.7% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+6.7% YoY, +0.6% MoM), not inventory.
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Demographics

Who lives here

O Fallon, IL is majority owner-occupied, has a large share of families with children, 52.4% of residents hold a bachelor's degree or higher.

Population
32,262
Median age
37.8
Renters
29.8%
Age distribution
26.2%
20.1%
26.6%
16.7%
Under 1826.2%
18–3420.1%
35–5426.6%
55–6410.5%
65+16.7%
Gender
49.5%
50.5%
Male49.5%
Female50.5%
Race & ethnicity
70.1%
16.9%
White70.1%
Black16.9%
Hispanic5.1%
Asian2.6%
Other5.2%
Education (25+)
16.8%
28.4%
52.4%
No HS diploma2.4%
HS diploma16.8%
Some college28.4%
Bachelor's+52.4%
Housing tenure
70.2%
29.8%
Owner70.2%
Renter29.8%

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

2022 vs 2026

How O Fallon, IL has changed in 5 years

Rent
$1,339 → $1,631
up 21.8%
Population
31,963 → 32,262
up 0.9%
Renter share
27.4% → 29.8%
+2.4 pts
Bachelor's+
49.5% → 52.4%
+2.9 pts

Five years ago, renters in O Fallon, IL paid around $1,339 a month. That figure now sits near $1,631, up 21.8% from the 2022 baseline. The renter share has risen from 27.4% to 29.8%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 49.5% to 52.4% across the same window. Taken together, the five-year picture in O Fallon, IL reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

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View O Fallon rent history (2015–2026) →
Salary vs rent

Can you afford rent in O Fallon on your salary?

At $1,631/mo, how O Fallon rent compares to typical pay (30% rule).

By apartment size

O Fallon rent by bedroom count

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

Local insights

Tips for renters in O Fallon

About renting in O Fallon, IL

Last updated: October 17, 2026

The median rent in O Fallon is $1,631/mo as of October 2026. A studio apartment averages $1,130/mo while a 2-bedroom runs $1,440/mo. One-bedroom apartments average $1,170/mo and 3-bedroom units go for $1,860/mo.

At 27% of estimated US median household income ($72,000/yr), O Fallon ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in O Fallon?

To keep rent at or below 30% of gross income, you would need to earn at least $65,000/year (about $31/hour full-time) to afford the median rent of $1,631/mo in O Fallon.

Is rent going up or down in O Fallon?

Rent in O Fallon has risen 6.7% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2022.

How does O Fallon rent compare to other cities in Illinois?

O Fallon is in the middle among Illinois cities for rent, ranking #86 of 137 tracked cities at $1,631/mo. Over the year to September 2026, rent in O Fallon changed +6.7%, against a typical +4.0% across the 94 Illinois cities Zillow tracks.

Which nearby cities are cheaper to rent in than O Fallon?

Nearby cities with lower median rent than O Fallon ($1,631/mo) include Collinsville ($1,161/mo), Fairview Heights ($1,287/mo), and Shiloh ($1,293/mo).
Income Affordability
27%
AFFORDABLE

At $1,631/mo, rent takes ~27% of US median household income ($72,000/yr). The standard benchmark is 30%.

O Fallon 27%Benchmark 30%
State income tax4.95%
Run the O Fallon affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near O Fallon, IL

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