Rental market snapshot for Joliet, Illinois

Joliet, Illinois Rental Property Market Overview

Joliet, Illinois is a city located in Will County, Illinois. According to the US Census, the population of Joliet in 2021 is 150,372. It is the fourth-largest city in the state and is located about 40 miles southwest of Chicago. Joliet is known for its historic downtown, which features a variety of shops, restaurants, and entertainment venues. The city also has a number of parks and recreational areas, including the Des Plaines River Trail and the Rock Run Preserve. Joliet is home to several universities, including the University of St. Francis and Lewis University. With its vibrant culture and convenient location, Joliet is a great place to live and work. (Source: US Census, 2021)

The average rent for an apartment in Joliet is $1,888. 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 Joliet Illinois | Cost of Living

  • The most expensive ZIP code in Joliet is 60436 with an average price of $2,479.
  • The cheapest ZIP code in Joliet is 60435 with an average price of $1,950.

Joliet ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
160436$2,479
260431$2,251
360435$1,950

Live near Joliet, Illinois's Top Sights and Attractions

Inwood Park is a large outdoor park located in the suburbs of Joliet, Illinois. It features a variety of recreational activities, including a large playground, a walking path, a fishing pond, and a picnic area. The park also has a large open field, perfect for sports and other activities. Inwood Park is a great place for families to spend time together and enjoy the outdoors.

Joliet Junction Trail is a scenic, multi-use trail that runs through the heart of Joliet, Illinois. The trail is approximately 8 miles long and follows the former Chicago, Rock Island and Pacific Railroad line. It is a popular destination for walking, biking, and rollerblading. The trail passes through a variety of landscapes, including wooded areas, wetlands, and open fields. Along the way, visitors can enjoy views of the Des Plaines River, the historic Joliet Union Station, and the historic Joliet Prison. The trail also passes by several parks, providing plenty of opportunities for picnicking and other outdoor activities.

Theodore Marsh is a large, man-made lake located in Joliet, Illinois. It is a popular spot for fishing, boating, and other recreational activities. The lake is surrounded by lush greenery and is home to a variety of wildlife. It is also a great spot for bird watching, with a variety of species of birds that can be seen in the area.

Pilcher Park is a nature preserve located in the southwest suburbs of Chicago. It features a variety of outdoor activities, including hiking, biking, fishing, and bird watching. The park is home to a variety of wildlife, including deer, foxes, and wild turkeys. There are also several ponds and streams, as well as a large picnic area. The park also features a nature center, which offers educational programs and activities for visitors.

Inwood Soccer Complex is a large outdoor sports facility located in Joliet, Illinois. It features two full-size soccer fields, a concession stand, and a playground. The complex is well-maintained and offers a variety of amenities, including restrooms, a picnic area, and plenty of parking. It is a popular destination for local soccer teams and tournaments, as well as families looking for a fun and active day out.

Sugar Creek Preserve is a nature preserve located in the southwestern suburbs of Illinois. 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 coyotes. The preserve also features a variety of natural features, such as wetlands, prairies, and woodlands. Visitors can explore the preserve on their own or take part in guided tours and educational programs.

Van Horn Woods is a nature preserve located in the outskirts of Joliet, Illinois. It is a great spot for outdoor activities such as hiking, biking, and bird watching. The preserve features a variety of habitats, including woodlands, wetlands, and prairies. There are also several trails that wind through the area, allowing visitors to explore the diverse flora and fauna. The preserve is also home to a variety of wildlife, including deer, foxes, and a variety of birds. Visitors can also enjoy the peaceful atmosphere of the woods, as well as the scenic views of the surrounding area.

Will And Joliet Bicentennial Park is a beautiful outdoor destination located in a historic city. The park features a variety of recreational activities, such as walking trails, fishing, and a playground. There are also picnic areas, a gazebo, and a large open field perfect for sports or other activities. The park is also home to a variety of wildlife, including birds, turtles, and other animals. The park is a great place to spend an afternoon with family and friends, or to just relax and take in the natural beauty of the area.

Clearwater Springs is a beautiful outdoor oasis located in the heart of Joliet. It features a crystal-clear spring-fed lake surrounded by lush greenery and towering trees. Visitors can enjoy a variety of activities, including fishing, swimming, canoeing, kayaking, and paddle-boating. There are also plenty of picnic tables and grills for a relaxing lunch or dinner. The park also features a playground, a nature center, and a walking trail. With its tranquil atmosphere and stunning views, Clearwater Springs is the perfect place to spend a day outdoors.

Highland Park is a beautiful outdoor space located in Joliet, Illinois. It features a large lake, walking trails, picnic areas, and a playground. The park also has a variety of wildlife, including ducks, geese, and other birds. Visitors can also enjoy a variety of activities such as fishing, boating, and swimming. The park is also home to a variety of events throughout the year, including concerts, festivals, and outdoor movies.

Joliet, Illinois area median rent change by ZIP code map

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How does Joliet compare to other cities in Illinois?

citymedian price
Morton Grove$2,678
Algonquin$2,195
Wheeling$2,034
Prospect Heights$1,575
Edwardsville$1,520
Cicero$1,320
Spring Grove$1,300
Fairview Heights$1,260
Pekin$700

Average household income in Joliet area graph - US Census

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The median household income in Joliet in 2021 was $77,373. This represents a 24.9% change from 2011 when the median was $61,948.

#categorypercent
0Less than $10,0005.2%
1$10,000 to $14,9992.5%
2$15,000 to $19,9993.0%
3$20,000 to $24,9994.3%
4$25,000 to $29,9994.4%
5$30,000 to $34,9993.2%
6$35,000 to $39,9993.7%
7$40,000 to $44,9994.0%
8$45,000 to $49,9993.3%
9$50,000 to $59,9997.3%
10$60,000 to $74,99910.8%
11$75,000 to $99,99914.0%
12$100,000 to $124,99912.2%
13$125,000 to $149,9998.2%
14$150,000 to $199,9999.4%
15$200,000 or more4.6%

Neighborhoods in Joliet

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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.

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.

As of February , the average rent in Joliet is $1,888.
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