Rental market snapshot for Lockport, Illinois

Lockport, Illinois Rental Property Market Overview

The average rent for an apartment in Lockport is $1,501. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by -13.0% over the past year.

Lockport is a city in Will County, Illinois, United States. The city was incorporated in 1853. It is located in the Chicago metropolitan area. The population was 24,839 at the 2010 census.

Last Updated December 23, 2022

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Average monthly rent graph in Lockport Illinois | Cost of Living

  • The most expensive ZIP Code in Lockport is 60441 with an average price of $2,495
  • The cheapest ZIP Code in Lockport is 60441 with an average price of $1,475

Lockport ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
160441$2,495

Live near Lockport, Illinois's Top Sights and Attractions

Dellwood Park is a beautiful park located in Lockport, Illinois. The park features a variety of amenities including a playground, picnic pavilion, walking trails, and a pond. Dellwood Park is a great place to spend a day with family and friends.

Bambrick Park is a beautiful park located on the banks of the Illinois and Michigan Canal. The park features a playground, picnic pavilions, a fishing pier, and a walking/biking trail.

Woodlands is an attraction in Lockport, Illinois that features a variety of outdoor activities for visitors to enjoy. The attraction includes a nature center, hiking trails, a playground, and a picnic area.

Willow Walk Park is a beautiful park located in Lockport, Illinois. The park features a variety of amenities including a playground, picnic tables, a walking path, and a pond. The pond is a popular spot for fishing and is stocked with a variety of fish. The park is also home to a variety of wildlife including ducks, geese, and turtles.

Dellwood Park West is a beautiful park that offers a variety of activities for visitors to enjoy. The park has a playground, a picnic area, a walking trail, and a pond. The pond is a great place to relax and enjoy the scenery.

The I and M Canal Trail is a 60-mile long trail that runs along the Illinois and Michigan Canal. The trail is used for hiking, biking, and horseback riding. The trailhead is located in Lockport, Illinois.

Lockport Township Park District is a large park that contains a playground, a basketball court, a pond, and a walking trail.

Morris Park is a beautiful park located on the banks of the Illinois River. The park features a playground, picnic areas, a walking trail, and a fishing pier.

Lockport, Illinois area median rent change by ZIP Code map

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How does Lockport compare to other cities in Illinois ?

citymedian price
Gurnee$2,595
Wheeling$1,989
Bolingbrook$2,175
O'fallon$1,375
Lyons$1,750
Streamwood$1,845
Elgin$1,945
Orland Park$2,695
La Grange$2,350

Average household income in Lockport area graph - US Census

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The median household income in Lockport in 2021 was $87,817. This represents a 10.1% change from 2011 when the median was $79,750.

#categorypercent
0Less than $10,0003.5%
1$10,000 to $14,9992.8%
2$15,000 to $19,9992.1%
3$20,000 to $24,9992.3%
4$25,000 to $29,9992.0%
5$30,000 to $34,9993.8%
6$35,000 to $39,9995.4%
7$40,000 to $44,9992.6%
8$45,000 to $49,9994.1%
9$50,000 to $59,9995.4%
10$60,000 to $74,9998.3%
11$75,000 to $99,99914.8%
12$100,000 to $124,99911.2%
13$125,000 to $149,99911.8%
14$150,000 to $199,99912.1%
15$200,000 or more7.9%

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.
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