City Report · IL

Skokie

Pop. 66,219·42nd most expensive in Illinois·Skokie rents are up 7.8% over the past year
Median rent (all units)
$2,250/mo
Year-over-Year
+7.8%
Month-over-Month
+3.3%
vs US Median
+$285
Rising (Monthly)
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Most AffordableMost Expensive
Skokie · $2,250
More expensive than 71% of US cities · National median $1,965/mo
Rent Reality Score
51/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Skokie's 10-year trend predicts.

Actual rent
$2,250/mo
Expected by trend
$2,261/mo
The Rent Reality Score compares today's median rent to where Skokie's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,535
1 BR
$1,640
2 BR
$1,855
3 BR
$2,380
4 BR+
$2,800
Research median
$1,855/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
$27,000/yr
At $2,250/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 7.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+7.8% YoY, +3.3% MoM), not inventory.
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Demographics

Who lives here

Skokie, IL is majority owner-occupied, has a large retiree population, has a median income above the national average, 53.8% of residents hold a bachelor's degree or higher.

Population
66,219
Median income
$95,337
Median age
43.2
Renters
25.3%
Age distribution
22.3%
16.9%
26.9%
12.9%
21.1%
Under 1822.3%
18–3416.9%
35–5426.9%
55–6412.9%
65+21.1%
Gender
48.1%
51.9%
Male48.1%
Female51.9%
Race & ethnicity
50.1%
25.4%
White50.1%
Black10.1%
Hispanic11%
Asian25.4%
Other3.3%
Education (25+)
17.4%
20.4%
53.8%
No HS diploma8.4%
HS diploma17.4%
Some college20.4%
Bachelor's+53.8%
Housing tenure
74.7%
25.3%
Owner74.7%
Renter25.3%

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

2021 vs 2026

How Skokie, IL has changed in 5 years

Rent
$1,513 → $2,250
up 48.7%
Income
$80,543 → $95,337
up 18.4%
Population
67,444 → 66,219
down 1.8%
Renter share
27.6% → 25.3%
-2.3 pts
Bachelor's+
49.4% → 53.8%
+4.4 pts

Across the past five years, the going rent in Skokie, IL has shifted from $1,513 to $2,250, up 48.7% since 2021. On the earnings side, the typical household in Skokie, IL now reports about $95,337, up from $80,543 in 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Skokie, IL losing about 1,225 residents over the five-year window, down 1.8% on net. The renter share has eased from 27.6% to 25.3%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 49.4% to 53.8% across the same window. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and Skokie, IL reflects that arc in its own way.

Community

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

Can you afford rent in Skokie on your salary?

At $2,250/mo, how Skokie rent compares to typical pay (30% rule).

By apartment size

Skokie rent by bedroom count

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

Local insights

Tips for renters in Skokie

About renting in Skokie, IL

Last updated: July 20, 2026

The median rent in Skokie is $2,250/mo as of July 2026. A studio apartment averages $1,535/mo while a 2-bedroom runs $1,855/mo. One-bedroom apartments average $1,640/mo and 3-bedroom units go for $2,380/mo.

At 28% of local median household income ($95,337/yr), Skokie ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.8% over the past year.

FAQ

Frequently asked questions

Is Skokie an affordable city for renters?

Skokie is considered affordable for renters. At $2,250/mo, rent takes approximately 28% of the local median household income ($95,337/yr). The standard benchmark is 30%. Skokie falls comfortably within that range.

How much income do you need to rent in Skokie?

To keep rent at or below 30% of gross income, you would need to earn at least $90,000/year (~$43/hour full-time) to afford the median rent of $2,250/mo in Skokie. The local median household income is $95,337/yr, meaning the typical Skokie household meets that threshold.

Is rent going up or down in Skokie?

Rent in Skokie has increased 7.8% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Skokie neighborhoods have the lowest rent?

The most affordable ZIP codes in Skokie are 60077 ($2,247/mo), and 60076 ($2,252/mo). Citywide, the median rent in Skokie is $2,250/mo.

How does Skokie rent compare to other cities in Illinois?

Skokie is one of the pricier cities in Illinois for rent, ranking #42 out of 142 tracked cities at $2,250/mo.

Which nearby cities are cheaper to rent in than Skokie?

Niles is nearby and more affordable at $2,160/mo, which is $90 less than Skokie.

What percentage of Skokie residents rent vs. own?

According to Census data, approximately 25.3% of Skokie households are renters, while 74.7% are owner-occupied. Skokie leans toward homeownership, which can mean a smaller rental inventory.

How does Skokie rent compare to the national average?

Skokie's median rent of $2,250/mo is $285 (15%) above the US national median of $1,965/mo. Within Illinois, it ranks #42 out of 142 tracked cities.
Income Affordability
28%
AFFORDABLE

At $2,250/mo, rent takes ~28% of Skokie's median household income ($95,337/yr). The standard benchmark is 30%.

Skokie 28%Benchmark 30%
State income tax4.95%
Run the Skokie affordability calculator →
Lowest-rent ZIP codes in Skokie
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Skokie, IL

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