Last updated
Average Rent in Cherry Valley IL & Rent Trends
Rent prices and market trends across 1 apartment community in Cherry Valley IL. Updated daily.
Market Average
$1,349/mo
Lowest Available
$1,299/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
2
available now
Is Rent Going Up or Down in Cherry Valley IL?
As of May 2026, the average rent in Cherry Valley IL is $1,349 per month across 1 apartment community and 2 available units.
The most affordable option is Cherryvale Apartments Rockford starting at $1,299/mo. By unit type, a 1-bedroom averages $1,349/mo.
Prices range from $1,299 to $1,399 per month. The most common price point is the $1,200 range, where 2 units are currently listed.
Cherry Valley IL Rent Price History
Collecting price history
Daily snapshots are being recorded. Trend charts will appear once we have enough data points.
Rent by Bedroom Type in Cherry Valley IL
Rent Prices by Apartment in Cherry Valley IL
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Cherryvale Apartments Rockford | $1,299/mo | $1,349/mo | 2 | 4.8 |
Google Search Trends for Cherry Valley IL Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Cherry Valley IL
What is the average rent in Cherry Valley IL?
Is rent going up or down in Cherry Valley IL?
What is the cheapest apartment in Cherry Valley IL?
How much is a 1-bedroom apartment in Cherry Valley IL?
How many apartments are available in Cherry Valley IL?
What salary do I need to live comfortably in Cherry Valley IL?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$54,000/year
30 percent rule -- using our average rent of $1,349/mo.
Comfortable income
$65,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,299/mo), you need to earn at least $52,000/year.
Median household income in Cherry Valley IL is $74,766 , about 15% above the comfortable-living threshold.
Cost of living in Cherry Valley IL
Overall prices in Cherry Valley IL runs below the national average by about 10% (BEA Regional Price Parity index 90.2, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Cherry Valley IL's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,349 |
| Utilities | $279 |
| Groceries | $503 |
| Transportation | $665 |
| Healthcare | $325 |
| Other goods and services | $519 |
| Estimated total | $3,640/mo |
Population
3,268
Median household income
$74,766
Census median rent
$871/mo
Rent as % of income
29.0%
Median age
45.2
Mean commute
26 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Cherry Valley IL Apartments
Browse all 1 communities with daily-updated pricing and availability.