Rental market snapshot for Downers Grove, Illinois

Downers Grove, Illinois Rental Property Market Overview

Downers Grove, Illinois is a vibrant and diverse community located in DuPage County. According to the US Census, the population of Downers Grove in 2021 is 49,654. This community is known for its excellent schools, parks, and recreational activities. It is also home to a variety of businesses, restaurants, and shopping centers. Downers Grove is a great place to live and work, and its population continues to grow each year.

The average rent for an apartment in Downers Grove is $2,485. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated February 01, 2024

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Average monthly rent graph in Downers Grove Illinois | Cost of Living

  • The most expensive ZIP code in Downers Grove is 60515 with an average price of $2,941.
  • The cheapest ZIP code in Downers Grove is 60516 with an average price of $2,417.

Downers Grove ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
160515$2,941
260516$2,417

Live near Downers Grove, Illinois's Top Sights and Attractions

Washington Center is a historical landmark located in a small suburban town. It is a two-story brick building built in the late 1800s and is listed on the National Register of Historic Places. The building is surrounded by a large park with a pond, walking paths, and a gazebo. Inside the building, visitors can explore the museum, which features artifacts from the town's history, as well as a gift shop. The center also hosts a variety of events throughout the year, including concerts, art shows, and educational programs.

OBrien is a popular outdoor recreation area located in Downers Grove, Illinois. It features a large lake, walking trails, picnic areas, and a playground. The lake is stocked with fish and is a popular spot for fishing and boating. The trails are perfect for walking, running, or biking, and the picnic areas provide a great spot for a family outing. The playground is a great place for kids to play and explore.

McCollum is a park located in Downers Grove, Illinois. It features a large lake, with a beach and swimming area, as well as a playground, picnic areas, and a walking path. The park also has a variety of wildlife, including ducks, geese, and other birds. It is a great spot for families to spend time outdoors, and is a popular destination for fishing and boating.

Doerhoerfer is a historic park located in Downers Grove, Illinois. It features a variety of outdoor activities, including a playground, picnic areas, walking trails, and a fishing pond. The park also has a variety of historic buildings, including a one-room schoolhouse, a blacksmith shop, and a log cabin. The park is a great place to spend the day with family and friends, and is a great way to learn about the history of the area.

Ruth K Park is a large, family-friendly park located in the suburbs of Illinois. It features a variety of outdoor activities, including a playground, walking trails, picnic areas, 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 well-maintained and offers a peaceful and relaxing atmosphere for visitors to enjoy.

Hidden Lake Forest Preserve is a nature preserve located in the suburbs of Chicago. It features a variety of outdoor activities, including hiking, biking, fishing, and bird watching. The preserve is home to a variety of wildlife, including deer, foxes, and a variety of birds. The lake itself is a great spot for canoeing and kayaking, and the surrounding forest provides a peaceful atmosphere for a relaxing day outdoors.

The Downers Grove Park District Recreation Center is a popular attraction for visitors and locals alike. It offers a wide range of activities and amenities, including an indoor pool, fitness center, gymnasium, and a variety of sports courts. The center also features a variety of classes and programs for all ages, including swimming lessons, dance classes, and martial arts. The facility also hosts special events throughout the year, such as family movie nights and holiday celebrations.

Illinois Toll Roads is an attraction that offers visitors the chance to experience a unique form of transportation. The roads are made up of a network of toll roads that span the state, allowing travelers to quickly and easily get from one destination to another. Visitors can pay a fee to use the roads, and the fees are used to maintain the roads and keep them in good condition. The roads are well-maintained and offer a scenic view of the surrounding area.

Patriot Park Barth Pond is a picturesque park located in a suburban area. It features a large pond surrounded by lush greenery and a variety of trees. Visitors can enjoy a peaceful stroll along the winding pathways that lead around the pond, or take a break on one of the many benches scattered throughout the park. The park also features a playground, picnic areas, and a gazebo, making it a great spot for families to spend the day.

Gilbert is a historic, Victorian-style mansion located in a residential neighborhood in Downers Grove. The mansion was built in 1891 and is listed on the National Register of Historic Places. It features a grand staircase, ornate woodwork, and stained glass windows. The mansion is open for tours, and visitors can explore the grounds and gardens, as well as the interior of the house. The mansion also hosts special events throughout the year, such as weddings, receptions, and holiday parties.

Downers Grove, Illinois area median rent change by ZIP code map

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How does Downers Grove compare to other cities in Illinois?

citymedian price
Round Lake Beach$2,195
Lake Villa$2,150
Hillside$2,142
Des Plaines$2,135
Plano$2,095
Glenwood$2,040
Palatine$1,900
O'Fallon$1,369
Champaign$1,150

Average household income in Downers Grove area graph - US Census

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The median household income in Downers Grove in 2021 was $105,217. This represents a 28.0% change from 2011 when the median was $82,181.

#categorypercent
0Less than $10,0004.0%
1$10,000 to $14,9992.3%
2$15,000 to $19,9993.9%
3$20,000 to $24,9993.6%
4$25,000 to $29,9991.9%
5$30,000 to $34,9992.5%
6$35,000 to $39,9992.1%
7$40,000 to $44,9993.6%
8$45,000 to $49,9993.0%
9$50,000 to $59,9996.1%
10$60,000 to $74,9997.9%
11$75,000 to $99,99910.0%
12$100,000 to $124,99911.5%
13$125,000 to $149,9998.0%
14$150,000 to $199,99911.9%
15$200,000 or more17.7%

Neighborhoods in Downers Grove

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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.

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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.

As of December , the average rent in Downers Grove is $2,485.
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