How much does it cost to rent in Vernon Hills, IL?

As of July 2026, the median monthly rent in Vernon Hills, IL is $2,436. This figure is based on aggregated data from public sources and community-submitted rents.

Is Vernon Hills cheaper than other Illinois cities?

Vernon Hills is one of the pricier cities in Illinois, ranking #24 out of 142 cities tracked at $2,436/mo.

When was Vernon Hills rent data last updated?

Vernon Hills rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · IL

Vernon Hills

Name: Average Rent Prices in Vernon Hills, IL
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 26,876·24th most expensive in Illinois·Vernon Hills rents are up 9.6% over the past year

Median rent (all units)

$2,436/mo

Year-over-Year

+9.6%

Month-over-Month

+4.3%

vs US Median

+$471

Rising (Monthly)

Be the first to discuss Vernon Hills rents ↓

Most AffordableMost Expensive

Vernon Hills · $2,436

More expensive than 77% of US cities · National median $1,965/mo

Rent Reality Score

47/100

Fairly priced

OverheatedFairGreat value

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

Actual rent

$2,436/mo

Expected by trend

$2,396/mo

The Rent Reality Score compares today's median rent to where Vernon Hills's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$1,970

1 BR

$2,110

2 BR

$2,380

3 BR

$3,060

4 BR+

$3,590

Research median

$2,380/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost

$29,232/yr

At $2,436/mo median

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 9.6% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+9.6% YoY, +4.3% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Vernon Hills, IL is majority owner-occupied, has a median income above the national average, 67.8% of residents hold a bachelor's degree or higher.

Population

26,876

Median income

$121,943

Median age

41.8

Renters

32.5%

Age distribution

22.2%

15.9%

31.6%

12.4%

17.8%

Under 1822.2%

18–3415.9%

35–5431.6%

55–6412.4%

65+17.8%

Gender

49.1%

50.9%

Male49.1%

Female50.9%

Race & ethnicity

62.4%

24.7%

White62.4%

Black1.9%

Hispanic11.5%

Asian24.7%

Education (25+)

17.3%

67.8%

No HS diploma3.3%

HS diploma11.6%

Some college17.3%

Bachelor's+67.8%

Housing tenure

67.5%

32.5%

Owner67.5%

Renter32.5%

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

2021 vs 2026

How Vernon Hills, IL has changed in 5 years

Rent

$1,748 → $2,436

up 39.4%

Income

$107,938 → $121,943

up 13.0%

Population

26,723 → 26,876

up 0.6%

Renter share

32.3% → 32.5%

+0.2 pts

Bachelor's+

63.2% → 67.8%

+4.6 pts

Median age

40.5 → 41.8

+1.3 yrs

Across the past five years, the going rent in Vernon Hills, IL has shifted from $1,748 to $2,436, up 39.4% since 2021. Census figures show median household income at $121,943 today, compared with $107,938 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Bachelor's-degree-or-higher attainment moved from 63.2% to 67.8% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

Discussions about Vernon Hills

No discussions yet. Start the conversation.

View Vernon Hills rent history (2015–2026) →

Salary vs rent

Can you afford rent in Vernon Hills on your salary?

At $2,436/mo, how Vernon Hills rent compares to typical pay (30% rule).

Registered Nurse

Avg $96,370/yr · Rent = 30.3% income

stretched

Elementary School Teacher

Avg $68,422/yr · Rent = 42.7% income

rent-burdened

Police Officer

Avg $78,815/yr · Rent = 37.1% income

stretched

Software Developer

Avg $140,872/yr · Rent = 20.8% income

affordable

Lawyer

Avg $179,999/yr · Rent = 16.2% income

very comfortable

Firefighter

Avg $64,066/yr · Rent = 45.6% income

rent-burdened

Truck Driver

Avg $57,844/yr · Rent = 50.5% income

severely rent-burdened

Electrician

Avg $71,298/yr · Rent = 41% income

rent-burdened

By apartment size

Vernon Hills rent by bedroom count

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

Local insights

Tips for renters in Vernon Hills

About renting in Vernon Hills, IL

Last updated: July 20, 2026

The median rent in Vernon Hills is $2,436/mo as of July 2026. A studio apartment averages $1,970/mo while a 2-bedroom runs $2,380/mo. One-bedroom apartments average $2,110/mo and 3-bedroom units go for $3,060/mo.

At 24% of local median household income ($121,943/yr), Vernon Hills ranks as affordable compared to the national benchmark of 30%. Rents have increased 9.6% over the past year.

FAQ

Frequently asked questions

Is Vernon Hills an affordable city for renters?

Vernon Hills is considered very affordable for renters. At $2,436/mo, rent takes approximately 24% of the local median household income ($121,943/yr). The standard benchmark is 30%. Vernon Hills falls comfortably within that range.

How much income do you need to rent in Vernon Hills?

To keep rent at or below 30% of gross income, you would need to earn at least $97,000/year (~$47/hour full-time) to afford the median rent of $2,436/mo in Vernon Hills. The local median household income is $121,943/yr, meaning the typical Vernon Hills household meets that threshold.

Is rent going up or down in Vernon Hills?

Rent in Vernon Hills has increased 9.6% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Vernon Hills rent compare to other cities in Illinois?

Vernon Hills is one of the pricier cities in Illinois for rent, ranking #24 out of 142 tracked cities at $2,436/mo.

Which nearby cities are cheaper to rent in than Vernon Hills?

Several nearby cities have lower median rents than Vernon Hills ($2,436/mo): Mundelein ($2,356/mo), Buffalo Grove ($2,418/mo).

What percentage of Vernon Hills residents rent vs. own?

According to Census data, approximately 32.5% of Vernon Hills households are renters, while 67.5% are owner-occupied. Vernon Hills leans toward homeownership, which can mean a smaller rental inventory.

How does Vernon Hills rent compare to the national average?

Vernon Hills's median rent of $2,436/mo is $471 (24%) above the US national median of $1,965/mo. Within Illinois, it ranks #24 out of 142 tracked cities.

Income Affordability

24%

VERY AFFORDABLE

At $2,436/mo, rent takes ~24% of Vernon Hills's median household income ($121,943/yr). The standard benchmark is 30%.

Vernon Hills 24%Benchmark 30%

State income tax4.95%

Run the Vernon Hills affordability calculator →

Nearby cities