Last updated
Average Rent in Downers Grove 60516 & Rent Trends
Rent prices and market trends across 1 apartment community in Downers Grove 60516, Downers Grove, IL. Updated daily.
Market Average
$1,997/mo
Lowest Available
$1,733/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
12
available now
Downers Grove 60516 vs Downers Grove, IL Average
Downers Grove 60516 is the same price as the Downers Grove, IL average . The citywide average is $1,997/mo across all neighborhoods.
Is Rent Going Up or Down in Downers Grove 60516?
As of August 2026, the average rent in Downers Grove 60516 is $1,997 per month across 1 apartment community and 12 available units.
The most affordable option is Bristol Club Apartments starting at $1,733/mo. By unit type, a 1-bedroom averages $1,903/mo, a 2-bedroom averages $2,186/mo.
Prices range from $1,733 to $2,326 per month. The most common price point is the $2,000 range, where 5 units are currently listed.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Downers Grove 60516
Rent Prices by Apartment in Downers Grove 60516
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Bristol Club Apartments | $1,733/mo | $1,997/mo | 12 | 4.1 |
Frequently Asked Questions About Rent in Downers Grove 60516
What is the average rent in Downers Grove 60516?
Is rent going up or down in Downers Grove 60516?
What is the cheapest apartment in Downers Grove 60516?
How much is a 1-bedroom apartment in Downers Grove 60516?
How many apartments are available in Downers Grove 60516?
What salary do I need to live comfortably in Downers Grove 60516?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$80,000/year
Based on the 30 percent rule, using our tracked average rent of $1,997/mo.
Comfortable income
$96,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,733/mo), you need to earn at least $69,000/year.
Median household income in Downers Grove 60516 is $119,649 , about 25% above the comfortable-living threshold.
Cost of living in Downers Grove 60516
Overall prices in Downers Grove 60516 runs above the national average by about 2% (BEA Regional Price Parity index 102.5, 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 Downers Grove 60516's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,997 |
| Utilities | $477 |
| Groceries | $563 |
| Transportation | $1,138 |
| Healthcare | $555 |
| Other goods and services | $888 |
| Estimated total | $5,618/mo |
Population
49,867
Median household income
$119,649
Census median rent
$1,589/mo
Rent as % of income
29.8%
Median age
42.6
Mean commute
28 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.
Google Search Trends for Downers Grove 60516 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Downers Grove 60516 Apartments
Browse all 1 communities with daily-updated pricing and availability.