Rental market snapshot for Lockport, Illinois

Lockport, Illinois Rental Property Market Overview

Lockport, Illinois is a city located in Will County, about 30 miles southwest of Chicago. As of 2021, the population of Lockport is 26,118, according to the US Census. Lockport is known for its historic downtown area, which features a variety of shops, restaurants, and other attractions. The city is also home to the Illinois and Michigan Canal, which is a National Historic Landmark. Lockport is a great place to live, work, and play, and its population is growing every year.

The average rent for an apartment in Lockport is $1,955. 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 Lockport Illinois | Cost of Living

  • The most expensive ZIP code in Lockport is 60441 with an average price of $2,210.
  • The cheapest ZIP code in Lockport is 60441 with an average price of $2,210.

Lockport ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
160441$2,210

Live near Lockport, Illinois's Top Sights and Attractions

Dellwood Park is a picturesque park located in the heart of a bustling town. It features a large lake with a walking path, a playground, picnic areas, and plenty of open green space. The park also has a variety of activities for visitors to enjoy, including fishing, boating, and swimming. There is also a disc golf course, a basketball court, and a sand volleyball court. The park is a great place to spend the day with family and friends, and it's a great spot for a picnic or a leisurely stroll.

Bambrick Park is a popular outdoor destination located in Lockport, Illinois. It features a variety of recreational activities, including a playground, walking trails, picnic areas, and a fishing pond. There is also a large open field perfect for sports, games, and other activities. The park is well-maintained and offers plenty of shade from the trees. Visitors can also enjoy the scenic views of the nearby river and the surrounding countryside.

Woodlands is a nature preserve located in Lockport, Illinois. It features a variety of outdoor activities, such as hiking, biking, fishing, and bird watching. The preserve is home to a variety of wildlife, including deer, foxes, and birds. There are also several ponds, streams, and wetlands that provide a habitat for a variety of aquatic life. Woodlands also has a picnic area, a playground, and a pavilion for visitors to enjoy.

Willow Walk Park is a beautiful outdoor area located in the heart of Lockport. It features a large pond with a fountain, a walking path, a playground, and plenty of open green space. The park also has a picnic area, a gazebo, and a pavilion, making it a great spot for a family outing. The park is also home to a variety of wildlife, including ducks, geese, and other birds. In the summer months, the park is a popular spot for fishing, swimming, and other recreational activities.

Dellwood Park West is a scenic park located in a rural area of Illinois. It features a large lake with a beach, a playground, a picnic area, and a walking trail. The park also has a variety of wildlife, including ducks, geese, and other birds. The park is a great place to relax and enjoy nature.

The I and M Canal Trail is a scenic path that follows the historic Illinois and Michigan Canal. It is a popular destination for outdoor enthusiasts, offering a variety of activities such as biking, walking, running, and fishing. The trail is lined with lush vegetation and wildlife, and is a great place to take in the natural beauty of the area. The trail also passes through several historic sites, including the Lockport Lock and the remains of the old canal.

Lockport Township Park District is a recreational area located in the suburbs of Illinois. It features a variety of outdoor activities, including a large lake with a beach, a playground, picnic areas, and a variety of sports fields and courts. There are also several walking and biking trails, as well as a disc golf course. The park district also offers a variety of programs and events, such as summer camps, fishing derbies, and outdoor concerts.

Morris Park is a large outdoor recreational area located in Lockport, Illinois. It features a variety of activities for visitors to enjoy, including a playground, a fishing pond, a walking trail, and a picnic area. There are also several sports fields, including baseball, softball, and soccer. The park also offers a variety of special events throughout the year, such as concerts, festivals, and holiday celebrations.

Lago Vista Park is a beautiful outdoor attraction located in Lockport, Illinois. It features a large lake with a beach, a fishing pier, and a boat launch. There are also several walking trails, picnic areas, and playgrounds. The park also has a disc golf course, a skate park, and a dog park. The park is a great place to spend the day with family and friends, and it offers stunning views of the surrounding area.

Fox Museum is a unique attraction located in a small town in Illinois. It is a museum dedicated to the history of the town and the surrounding area. Visitors can explore the museum's many exhibits, which include artifacts from the early days of the town, a collection of vintage photographs, and a variety of interactive displays. The museum also offers educational programs and special events throughout the year.

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
Lemont$3,303
Addison$2,445
River Grove$2,350
Hanover Park$2,190
Sailor Springs$1,970
Romeoville$1,945
Urbana$1,050
Normal$710

Average household income in Lockport area graph - US Census

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The median household income in Lockport in 2021 was $96,481. This represents a 24.9% change from 2011 when the median was $77,220.

#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%

Neighborhoods in Lockport

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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 Lockport is $1,955.
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