City Report · IL

Wheaton

Pop. 53,557·47th most expensive in Illinois·Wheaton rents have dropped 5.2%, currently a renter's market
Median rent (all units)
$2,169/mo
Year-over-Year
-5.2%
Month-over-Month
+0.7%
vs US Median
+$204
Rising (Monthly)
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Most AffordableMost Expensive
Wheaton · $2,169
More expensive than 68% of US cities · National median $1,965/mo
Rent Reality Score
68/100
Good value
OverheatedFairGreat value

Rents are 9% below what Wheaton's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,169/mo
Expected by trend
$2,388/mo
The Rent Reality Score compares today's median rent to where Wheaton's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,775
1 BR
$1,900
2 BR
$2,145
3 BR
$2,755
4 BR+
$3,235
Research median
$2,145/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
$26,028/yr
At $2,169/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 5.2% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-5.2% YoY, +0.7% MoM), not inventory.
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Demographics

Who lives here

Wheaton, IL is majority owner-occupied, has a median income above the national average, 64.5% of residents hold a bachelor's degree or higher.

Population
53,557
Median income
$120,008
Median age
36.8
Renters
28.3%
Age distribution
22%
25.5%
23.6%
17.5%
Under 1822%
18–3425.5%
35–5423.6%
55–6411.4%
65+17.5%
Gender
49.4%
50.6%
Male49.4%
Female50.6%
Race & ethnicity
77.8%
White77.8%
Black4.2%
Hispanic8.9%
Asian5.8%
Other3.3%
Education (25+)
20.2%
64.5%
No HS diploma3.8%
HS diploma11.5%
Some college20.2%
Bachelor's+64.5%
Housing tenure
71.7%
28.3%
Owner71.7%
Renter28.3%

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

2021 vs 2026

How Wheaton, IL has changed in 5 years

Rent
$1,686 → $2,169
up 28.6%
Income
$108,737 → $120,008
up 10.4%
Population
53,762 → 53,557
down 0.4%
Renter share
26.2% → 28.3%
+2.1 pts
Bachelor's+
64.5% → 64.5%
+0.0 pts
Median age
37.4 → 36.8
-0.6 yrs

The median rent in Wheaton, IL stood at $1,686 in 2021 and currently runs about $2,169, reflecting a 28.6% increase over the period. Median household income rose from $108,737 to $120,008 between 2021 and 2024, a 10.4% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. Renters now make up 28.3% of households, compared with 26.2% five years ago. Taken together, the five-year picture in Wheaton, 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 Wheaton rent history (2015–2026) →
Salary vs rent

Can you afford rent in Wheaton on your salary?

At $2,169/mo, how Wheaton rent compares to typical pay (30% rule).

By apartment size

Wheaton rent by bedroom count

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

Local insights

Tips for renters in Wheaton

About renting in Wheaton, IL

Last updated: July 20, 2026

The median rent in Wheaton is $2,169/mo as of July 2026. A studio apartment averages $1,775/mo while a 2-bedroom runs $2,145/mo. One-bedroom apartments average $1,900/mo and 3-bedroom units go for $2,755/mo.

At 22% of local median household income ($120,008/yr), Wheaton ranks as affordable compared to the national benchmark of 30%. Rents have decreased 5.2% over the past year.

FAQ

Frequently asked questions

Is Wheaton an affordable city for renters?

Wheaton is considered very affordable for renters. At $2,169/mo, rent takes approximately 22% of the local median household income ($120,008/yr). The standard benchmark is 30%. Wheaton falls comfortably within that range.

How much income do you need to rent in Wheaton?

To keep rent at or below 30% of gross income, you would need to earn at least $87,000/year (~$42/hour full-time) to afford the median rent of $2,169/mo in Wheaton. The local median household income is $120,008/yr, meaning the typical Wheaton household meets that threshold.

Is rent going up or down in Wheaton?

Rent in Wheaton has decreased 5.2% over the past year as of July 2026, offering some relief compared to 12 months ago.

Which Wheaton neighborhoods have the lowest rent?

The most affordable ZIP codes in Wheaton are 60187 ($1,996/mo), and 60189 ($2,365/mo). Citywide, the median rent in Wheaton is $2,169/mo.

How does Wheaton rent compare to other cities in Illinois?

Wheaton is one of the pricier cities in Illinois for rent, ranking #47 out of 142 tracked cities at $2,169/mo.

Which nearby cities are cheaper to rent in than Wheaton?

Several nearby cities have lower median rents than Wheaton ($2,169/mo): Carol Stream ($1,822/mo), Lisle ($1,939/mo), Glendale Heights ($1,949/mo).

What percentage of Wheaton residents rent vs. own?

According to Census data, approximately 28.3% of Wheaton households are renters, while 71.7% are owner-occupied. Wheaton leans toward homeownership, which can mean a smaller rental inventory.

How does Wheaton rent compare to the national average?

Wheaton's median rent of $2,169/mo is $204 (10%) above the US national median of $1,965/mo. Within Illinois, it ranks #47 out of 142 tracked cities.
Income Affordability
22%
VERY AFFORDABLE

At $2,169/mo, rent takes ~22% of Wheaton's median household income ($120,008/yr). The standard benchmark is 30%.

Wheaton 22%Benchmark 30%
State income tax4.95%
Run the Wheaton affordability calculator →
Lowest-rent ZIP codes in Wheaton
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Wheaton, IL

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