Rental market snapshot for Montgomery, Illinois

Montgomery, Illinois Rental Property Market Overview

Montgomery, Illinois is a small village located in Kane County, Illinois. According to the US Census, the population of Montgomery, Illinois in 2021 is 21,310. The village is known for its small-town charm and is home to a variety of businesses, restaurants, and parks. It is also home to the Montgomery Historical Society, which offers a variety of educational programs and activities. Montgomery is a great place to live and work, and its population continues to grow each year. (US Census, 2021)

The average rent for an apartment in Montgomery is $2,356. 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

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

Average monthly rent graph in Montgomery Illinois | Cost of Living

  • The most expensive ZIP code in Montgomery is 60538 with an average price of $2,402.
  • The cheapest ZIP code in Montgomery is 60538 with an average price of $2,402.

Montgomery ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
160538$2,402

Live near Montgomery, Illinois's Top Sights and Attractions

Briarcliff Woods Park is a scenic outdoor destination located in the heart of a picturesque rural area. The park features a variety of activities, including a large playground, a fishing pond, and a walking trail. Visitors can also enjoy a picnic area, a disc golf course, and a basketball court. The park also has a large pavilion for special events and gatherings. The park is surrounded by lush trees and rolling hills, providing a peaceful and tranquil atmosphere.

Montgomery Park is a large outdoor recreational area located in a suburban area. It features a variety of activities and amenities, including a large lake, walking trails, playgrounds, picnic areas, and a disc golf course. The park also has a variety of wildlife, including ducks, geese, and other birds. There are also several sports fields, including baseball, softball, and soccer fields. The park is a popular destination for families, friends, and visitors alike.

Blackberry Creek F P is a beautiful outdoor area located in Montgomery, Illinois. It features a variety of activities, including fishing, hiking, biking, and camping. The park is surrounded by lush forests and rolling hills, and visitors can enjoy the peaceful atmosphere and stunning views. There are also several picnic areas, playgrounds, and a nature center. The park is a great place to spend a day or weekend, and it's a great spot for families to enjoy some quality time together.

Pine Knoll Park is a picturesque outdoor destination located in a quiet suburban area. The park features a variety of activities for visitors to enjoy, including a playground, picnic areas, walking trails, and a fishing pond. The park also has a large open field perfect for playing sports or flying kites. The park is surrounded by lush trees and foliage, providing a peaceful and serene atmosphere for visitors to relax and enjoy nature.

Balmorea Park is a picturesque outdoor destination located in a peaceful, rural setting. It features a variety of recreational activities, including a large lake for fishing, a playground, and a walking path. The park also has a picnic area with grills and tables, as well as a pavilion for larger gatherings. There are plenty of trees and open spaces for visitors to enjoy, and the park is well-maintained and clean. The park is a great place to spend a day outdoors with family and friends.

Oswegoland Park District is a recreational area located in Montgomery, Illinois. It offers a variety of activities for all ages, including a swimming pool, a playground, a fishing pond, and a walking path. There are also picnic areas, a disc golf course, and a skate park. The park district also hosts a variety of special events throughout the year, such as movie nights, concerts, and festivals.

Blackberry Trail Park is a scenic outdoor destination located in a picturesque rural setting. The park features a variety of activities for visitors to enjoy, including a large playground, a fishing pond, a nature trail, and a picnic area. The park also offers a variety of outdoor sports, such as basketball, volleyball, and horseshoes. The park is also home to a variety of wildlife, including deer, foxes, and birds. Visitors can also enjoy the beautiful views of the surrounding countryside.

Blackberry Crossing Park is a scenic outdoor destination located in the suburbs of Illinois. It features a variety of recreational activities, including a large playground, a walking path, a fishing pond, and a picnic area. The park is also home to a variety of wildlife, including ducks, geese, and other birds. The park is a great place to spend a day outdoors, with plenty of space to explore and enjoy the natural beauty of the area.

Krug Park is a large outdoor recreational area located in Montgomery, Illinois. It features a variety of amenities, including a lake, a playground, a picnic area, a walking path, and a disc golf course. The lake is stocked with fish, and visitors can rent canoes and paddleboats to explore the lake. The playground has a variety of equipment, including swings, slides, and a sandbox. The picnic area has several tables and grills, and the walking path is a great way to get some exercise. The disc golf course is a great way to challenge friends and family.

Austin Park is a beautiful outdoor space located in Montgomery, Illinois. It features a large lake, walking trails, picnic areas, and playgrounds. There is also a pavilion with a stage for outdoor concerts and events. The park is a great place to relax and enjoy nature, with plenty of trees and wildlife to observe. The lake is stocked with fish, making it a great spot for fishing. Visitors can also rent paddle boats and canoes to explore the lake.

Montgomery, Illinois area median rent change by ZIP code map

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

How does Montgomery compare to other cities in Illinois?

citymedian price
Lake Zurich$2,575
Niles$2,505
Elmwood Park$2,475
Addison$2,445
Norridge$2,395
Burbank$2,100
Country Club Hills$1,695
Zion$1,170
Highland$985
DeKalb$950

Average household income in Montgomery area graph - US Census

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

The median household income in Montgomery in 2021 was $100,911. This represents a 37.5% change from 2011 when the median was $73,406.

#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%

Neighborhoods in Montgomery

We currently do not have this data but we are working to add this soon.

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 Montgomery is $2,356.
Made withDataherald