Rental market snapshot for Montgomery, Illinois

Montgomery, Illinois Rental Property Market Overview

The average rent for an apartment in Montgomery is $2,130. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by -1.9% over the past year.

Montgomery is a village in Kane and Kendall counties in the U.S. state of Illinois. The population was 18,438 at the 2010 census. Montgomery is a southwest suburb of Chicago.

Last Updated December 23, 2022

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Average monthly rent graph in Montgomery Illinois | Cost of Living

  • The most expensive ZIP Code in Montgomery is 60538 with an average price of $2,255
  • The cheapest ZIP Code in Montgomery is 60538 with an average price of $2,025

Montgomery ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
160538$2,255

Live near Montgomery, Illinois's Top Sights and Attractions

Briarcliff Woods Park is a beautiful park located in Montgomery, Illinois. The park features a variety of amenities including a playground, picnic areas, a walking trail, and a pond. The park is also home to a variety of wildlife, including ducks, geese, and squirrels.

Montgomery Park is a beautiful park located in the heart of the city. The park features a large pond, walking trails, and a playground.

Blackberry Creek F P is a beautiful forest Preserve that offers visitors a chance to enjoy nature at its finest. With hiking trails, a fishing pond, and plenty of picnic areas, it's the perfect place to spend a day outdoors.

Pine Knoll Park is a beautiful park located in the heart of Montgomery, Illinois. The park features a variety of amenities including a playground, picnic pavilion, walking trails, and a pond. Pine Knoll Park is the perfect place to enjoy a day outdoors with family and friends.

Balmorea Park is a beautiful park located in the heart of Montgomery, Illinois. The park features a variety of amenities including a playground, picnic pavilion, walking trails, and a pond.

Oswegoland Park District is a large park that has many different attractions. There is a playground, a pool, a basketball court, a baseball field, and a walking trail. The park also has a pavilion that can be rented out for parties or events.

Blackberry Crossing Park is a beautiful park located on the Fox River. The park has a playground, picnic tables, and a walking path.

Blackberry Trail Park is a beautiful park located in Montgomery, Illinois. The park features a variety of amenities including a playground, picnic areas, a walking trail, and a pond. The park is also home to a variety of wildlife, including ducks, geese, and turtles.

Montgomery, Illinois area median rent change by ZIP Code map

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How does Montgomery compare to other cities in Illinois ?

citymedian price
Urbana$1,020
Alton$775
Itasca$1,945
Lake In The Hills$2,315
Homewood$2,150
Elgin$1,945
Glendale Heights$2,000
Westchester$2,315
Batavia$2,455
Palos Hills$2,000

Average household income in Montgomery area graph - US Census

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The median household income in Montgomery in 2021 was $99,208. This represents a 36.1% change from 2011 when the median was $72,872.

#categorypercent
0Less than $10,0003.1%
1$10,000 to $14,9990.1%
2$15,000 to $19,9990.8%
3$20,000 to $24,9992.7%
4$25,000 to $29,9990.7%
5$30,000 to $34,9993.0%
6$35,000 to $39,9992.0%
7$40,000 to $44,9992.2%
8$45,000 to $49,9994.1%
9$50,000 to $59,9997.9%
10$60,000 to $74,9998.2%
11$75,000 to $99,99916.1%
12$100,000 to $124,99921.2%
13$125,000 to $149,99914.6%
14$150,000 to $199,9998.7%
15$200,000 or more4.7%

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.
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