City Report · IL

Washington

Pop. 15,919·130th most expensive in Illinois·One of the most affordable rental markets in the US
Median rent (all units)
$988/mo
Year-over-Year
Stable
Month-over-Month
-25.4%
vs US Median
-$944
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
Washington · $988
More affordable than 98% of US cities · National median $1,932/mo
Affordability
12% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $988/mo, rent takes about 12% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$40,000/yr
Local median income
$95,179/yr
Based on the 30%-of-income rule using Washington's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$750
1 BR
$830
2 BR
$1,050
3 BR
$1,360
4 BR+
$1,430
Fair Market Rent (HUD)
$1,050/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $988 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 ($95,179) is $2,379 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,430).

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

Annual cost
$11,856/yr
At $988/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -25.4% MoM), not inventory.
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Demographics

Who lives here

Washington, IL is majority owner-occupied, has a large share of families with children, has a median income above the national average, 43.7% of residents hold a bachelor's degree or higher.

Population
15,919
Median income
$95,179
Median age
38.2
Renters
19.6%
Age distribution
28.9%
17.7%
27.2%
16.3%
Under 1828.9%
18–3417.7%
35–5427.2%
55–649.8%
65+16.3%
Gender
47.3%
52.7%
Male47.3%
Female52.7%
Race & ethnicity
95.3%
White95.3%
Hispanic2.7%
Asian1.2%
Education (25+)
22%
32.5%
43.7%
No HS diploma1.9%
HS diploma22%
Some college32.5%
Bachelor's+43.7%
Housing tenure
80.4%
19.6%
Owner80.4%
Renter19.6%

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

2021 vs 2026

How Washington, IL has changed in 5 years

Income
$79,384 → $95,179
up 19.9%
Population
16,008 → 15,919
down 0.6%
Renter share
21.7% → 19.6%
-2.1 pts
Bachelor's+
43% → 43.7%
+0.7 pts
Median age
37.4 → 38.2
+0.8 yrs

Local incomes tracked alongside that move, going from a median of $79,384 in 2021 to $95,179 more recently. The renter share has eased from 21.7% to 19.6%, with owner-occupied housing accounting for the remainder.

Community

Discussions about Washington

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

Can you afford rent in Washington on your salary?

At $988/mo, how Washington rent compares to typical pay (30% rule).

By apartment size

Washington rent by bedroom count

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

Local insights

Tips for renters in Washington

About renting in Washington, IL

Last updated: October 17, 2026

The median rent in Washington is $988/mo as of October 2026. A studio apartment averages $750/mo while a 2-bedroom runs $1,050/mo. One-bedroom apartments average $830/mo and 3-bedroom units go for $1,360/mo.

At 12% of local median household income ($95,179/yr), Washington 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 Washington?

To keep rent at or below 30% of gross income, you would need to earn at least $40,000/year (about $19/hour full-time) to afford the median rent of $988/mo in Washington. The local median household income is $95,179/yr, so the typical household meets that bar.

Is rent going up or down in Washington?

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

How does Washington rent compare to other cities in Illinois?

Washington is one of the more affordable among Illinois cities for rent, ranking #130 of 137 tracked cities at $988/mo.

Which nearby cities are cheaper to rent in than Washington?

Nearby cities with lower median rent than Washington ($988/mo) include East Peoria ($885/mo), and Pekin ($901/mo).
Income Affordability
12%
VERY AFFORDABLE

At $988/mo, rent takes ~12% of Washington's median household income ($95,179/yr). The standard benchmark is 30%.

Washington 12%Benchmark 30%
State income tax4.95%
Run the Washington affordability calculator →
Lowest-rent ZIP codes in Washington
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Washington, IL

Recent submissions

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