Rental market snapshot for Addison, Illinois

Addison, Illinois Rental Property Market Overview

Addison, Illinois is a vibrant village located in DuPage County, just 25 miles west of Chicago. As of 2021, the population of Addison is 35,353, according to the US Census. The village is home to a variety of attractions, including the Addison Park District, the Addison Historical Museum, and the Addison Public Library. Addison also offers a variety of shopping and dining options, as well as a variety of recreational activities. With its convenient location and diverse attractions, Addison is a great place to live and visit.

The average rent for an apartment in Addison is $2,075. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by -0.04% over the past year.

Last Updated January 31, 2023

Average monthly rent graph in Addison Illinois | Cost of Living

  • The most expensive ZIP Code in Addison is 60101 with an average price of $2,055
  • The cheapest ZIP Code in Addison is 60101 with an average price of $2,055

Addison ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
160101$2,055

Live near Addison, Illinois's Top Sights and Attractions

Army Trail Nature Preserve is a beautiful outdoor area located in the suburbs of Illinois. It features over 200 acres of lush greenery, wetlands, and woodlands, perfect for a peaceful stroll or a day of exploration. There are several trails to explore, including a boardwalk that takes visitors through the wetlands. The preserve also has a variety of wildlife, including birds, turtles, and fish. Visitors can also enjoy a picnic area, fishing, and canoeing.

Community Rec Center and Family Aquatic Center is a popular attraction in the area, offering a variety of activities for all ages. The Rec Center features a full-size gymnasium, a fitness center, and a variety of classes and programs. The Family Aquatic Center boasts a large outdoor pool, a lazy river, and a variety of slides and other water attractions. There is also a concession stand and a picnic area. The facility is open year-round and provides a great way to stay active and have fun.

Wood Dale Grove County Forest Preserve is a nature-filled oasis located in the suburbs of Illinois. It features a variety of outdoor activities, such as hiking, biking, fishing, and picnicking. The preserve is home to a variety of wildlife, including deer, foxes, and other small mammals. Visitors can also explore the wetlands, prairies, and woodlands that make up the preserve. With its lush vegetation and peaceful atmosphere, Wood Dale Grove County Forest Preserve is the perfect place to escape the hustle and bustle of city life.

Nike Park is an outdoor recreational area located in Addison, Illinois. It features a variety of activities and attractions, including a large playground, a sand volleyball court, a basketball court, a walking path, and a picnic area. The park also has a large pond with a fountain, a gazebo, and a pavilion. There are also several benches and tables scattered throughout the park, making it a great place to relax and enjoy the outdoors.

Fullerton County Forest Preserve is a scenic outdoor destination located in Addison, Illinois. It features a variety of trails for hiking, biking, and horseback riding, as well as a lake for fishing and canoeing. The preserve also has picnic areas, playgrounds, and a nature center with educational programs. Visitors can also enjoy bird watching, wildlife viewing, and photography. The preserve is a great place to get away from the hustle and bustle of the city and enjoy the beauty of nature.

Centennial Park is a sprawling outdoor recreation area located in the suburbs of Illinois. It features a variety of activities for visitors to enjoy, including a large lake, walking trails, picnic areas, playgrounds, and sports fields. The park also has a variety of amenities, such as a concession stand, restrooms, and a pavilion. Visitors can also take advantage of the park's fishing pier, boat launch, and boat rentals. The park is a great place to spend a day outdoors, enjoying the fresh air and beautiful scenery.

Highview Park is a sprawling outdoor recreation area located in the suburbs of Illinois. It features a variety of activities for visitors to enjoy, including a large lake with a beach, a playground, a picnic area, and a walking path. The park also has a variety of sports fields, including baseball, softball, and soccer, as well as a disc golf course. There are also plenty of trees and other natural features to explore, making it a great place to spend a day outdoors.

Westwood Park is a sprawling outdoor recreation area located in a small town in northern Illinois. It features a large lake with a beach, a playground, a picnic area, and a walking trail. The lake is stocked with fish, and visitors can rent boats and canoes to explore the lake. The playground has swings, slides, and other fun activities for children. The picnic area has tables and grills for visitors to enjoy a meal outdoors. The walking trail winds through the park and is lined with trees and benches.

Campbell Slough County Forest Preserve is a nature preserve located in the suburbs of northern Illinois. It is a great place to explore the outdoors, with its many trails and boardwalks that wind through the wetlands, prairies, and woodlands. Visitors can observe a variety of wildlife, including birds, amphibians, and mammals. The preserve also features a fishing pond, picnic areas, and a playground.

Foxdale Park is a large outdoor recreation area located in the suburbs of Illinois. It features a variety of activities for visitors of all ages, including a playground, picnic areas, walking trails, and a fishing pond. The park also has a large open field for sports and other activities, as well as a pavilion for special events. The park is surrounded by lush greenery, making it a great place to relax and enjoy nature.

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

Addison, Illinois area median rent change by ZIP Code map

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

How does Addison compare to other cities in Illinois ?

citymedian price
Peoria$1,100
Frankfort$2,640
Round Lake Heights$2,310
Winfield$2,017
Orland Hills$2,245
Dolton$925
Maywood$1,215
Lyons$1,899

Average household income in Addison area graph - US Census

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

The median household income in Addison in 2021 was $68,534. This represents a 11.8% change from 2011 when the median was $61,281.

#categorypercent
0Less than $10,0004.9%
1$10,000 to $14,9992.9%
2$15,000 to $19,9993.4%
3$20,000 to $24,9996.7%
4$25,000 to $29,9993.9%
5$30,000 to $34,9994.9%
6$35,000 to $39,9993.0%
7$40,000 to $44,9993.0%
8$45,000 to $49,9995.5%
9$50,000 to $59,9996.2%
10$60,000 to $74,99910.5%
11$75,000 to $99,99912.6%
12$100,000 to $124,99911.6%
13$125,000 to $149,9997.1%
14$150,000 to $199,9997.9%
15$200,000 or more5.7%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
Made withDataherald