Rental market snapshot for Granite City, Illinois

Granite City, Illinois Rental Property Market Overview

Granite City, Illinois is a city located in Madison County, Illinois. According to the US Census, the population of Granite City in 2021 is 27,484. Granite City is known for its industrial history, with many steel mills and other industrial facilities located in the city. The city is also home to a variety of parks, restaurants, and other attractions. Granite City is a great place to live and work, with a strong sense of community and plenty of opportunities for growth.

The average rent for an apartment in Granite City is $1,053. 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 March 25, 2024

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Average monthly rent graph in Granite City Illinois | Cost of Living

  • The most expensive ZIP code in Granite City is 62040 with an average price of $1,029.
  • The cheapest ZIP code in Granite City is 62040 with an average price of $1,029.

Granite City ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
162040$1,029

Live near Granite City, Illinois's Top Sights and Attractions

Wilson Park is a large public park located in a residential area. It features a variety of recreational activities, including a playground, tennis courts, basketball courts, a baseball diamond, and a walking path. The park also has a large pond with a fountain, a picnic area, and a pavilion. There are also several benches and tables scattered throughout the park, making it a great spot for a picnic or a leisurely stroll.

Worthen Park is a large public park located in a residential area. It features a variety of outdoor activities, including a playground, walking trails, picnic areas, and a large pond. There is also a pavilion, which can be rented for special events. The park is well-maintained and offers a peaceful atmosphere for visitors to enjoy.

Stearns Park is a picturesque park located on the banks of the Mississippi River. It features a large playground, picnic areas, and a walking path that winds along the river. The park also has a boat launch, fishing pier, and a large pavilion for special events. The park is a great place to relax and enjoy the beauty of the river.

Veterans Pky Open Space is a scenic outdoor area located in Granite City, Illinois. It features a large lake, walking trails, picnic areas, and a playground. The area is perfect for a family outing, with plenty of space to explore and enjoy the outdoors. The lake is stocked with fish, making it a great spot for fishing. The walking trails offer a peaceful escape from the hustle and bustle of the city, and the playground is a great place for kids to let off some energy.

Memorial Park is a large public park located in Granite City, Illinois. It features a variety of outdoor activities, including a playground, walking trails, a fishing pond, and a picnic area. The park also has a memorial to honor those who have served in the military. The park is a great place to spend a day outdoors, with plenty of open space for running, playing, and relaxing.

Rode Park is a beautiful park located in a small town in Illinois. It has a large lake with a fountain in the center, surrounded by lush green grass and trees. There are plenty of walking paths, picnic areas, and benches for visitors to enjoy. The park also has a playground, a basketball court, and a baseball field. In the summer, the park hosts a variety of events, including concerts, festivals, and outdoor movies. Rode Park is a great place to spend a day with family and friends.

Civic Park is a large public park located in a small Midwestern town. It features a variety of recreational activities, including a playground, walking trails, a lake, and a large open grassy area. The park also has a variety of amenities, such as picnic tables, benches, and restrooms. Visitors can also enjoy a variety of events throughout the year, such as outdoor concerts, festivals, and other special events.

Loman Park is a large public park located in a suburban area. It features a variety of outdoor activities, including a playground, walking trails, a fishing pond, and a disc golf course. There is also a picnic area with grills, a pavilion, and a large open field perfect for sports and other activities. The park is well-maintained and offers plenty of shade from the trees.

Tri Angle Park is a popular outdoor recreational area located in Granite City, Illinois. It features a large lake, walking trails, picnic areas, playgrounds, and a variety of sports fields. The park also has a large pavilion and a gazebo for special events. Visitors can also enjoy fishing, boating, and swimming in the lake. The park is a great place to spend the day with family and friends, and is a great spot for a picnic or a day of outdoor activities.

Robertson Park is a large, scenic park located on the banks of the Mississippi River. It features a variety of outdoor activities, including walking trails, picnic areas, playgrounds, and a fishing pier. The park also has a large, open field perfect for sports and other activities. In addition, there are several pavilions and gazebos available for rent, making it a great spot for special events.

Granite City, Illinois area median rent change by ZIP code map

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How does Granite City compare to other cities in Illinois?

citymedian price
Highland Park$3,450
Libertyville$3,040
Franklin Park$2,545
Grayslake$2,495
Hoffman Estates$2,250
Lisle$1,903
Woodridge$1,850
Mascoutah$1,295
Forest Park$1,289
Moline$1,130

Average household income in Granite City area graph - US Census

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The median household income in Granite City in 2021 was $53,757. This represents a 28.6% change from 2011 when the median was $41,799.

#categorypercent
0Less than $10,00011.1%
1$10,000 to $14,9997.0%
2$15,000 to $19,9994.8%
3$20,000 to $24,9994.5%
4$25,000 to $29,9995.2%
5$30,000 to $34,9994.2%
6$35,000 to $39,9992.7%
7$40,000 to $44,9993.0%
8$45,000 to $49,9993.5%
9$50,000 to $59,9998.8%
10$60,000 to $74,99915.0%
11$75,000 to $99,99911.8%
12$100,000 to $124,9998.8%
13$125,000 to $149,9994.5%
14$150,000 to $199,9993.1%
15$200,000 or more1.9%

Neighborhoods in Granite City

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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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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 February , the average rent in Granite City is $1,053.
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