Average Rent in Joliet IL
2 apartment buildings, 1 units. Real prices pulled from each property's leasing system this morning.
Avg Rent
$1,995/mo
Cheapest
$1,995/mo
Properties
2
Units
1
Analysis
Rent Price Breakdown
Compare pricing across all 2 properties in Joliet IL.
Average Rent by Property
Starting Price vs Average
Joliet IL Rent Prices
All 2 properties ranked by lowest available rent.
Parkview Estates
1005 Parkwood Dr Apartment A, Joliet, IL 60432, USA
Redwood Lockport
17215 S Juniper Dr, Lockport, IL 60491, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Parkview Estates 1005 Parkwood Dr Apartment A, Joliet, IL 60432, USA | $1,995 | $1,995 | -- | 3.9 | 1 |
| 2 | Redwood Lockport 17215 S Juniper Dr, Lockport, IL 60491, USA | -- | -- | -- | 4.7 | 0 |
Explore Each Property
Joliet IL Average Rent Prices 2026
The average rent in Joliet IL is $1,995 per month, based on 1 units across 2 apartment communities. Prices range from $1,995 at Parkview Estates to $1,995 at Parkview Estates.
Every price comes directly from each property's leasing system, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Market Context
Who rents in Joliet IL, and what they pay
Tracked tracked rent in Joliet IL averages $1,995/mo. At the local median household income of $88,026, that works out to 27% of gross income, near the 30 percent affordability ceiling.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Joliet IL at $1,237/mo. The current tracked market average runs 61% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Joliet IL while the tracked market average covers units currently listed in larger apartment communities.
What salary do I need to live comfortably in Joliet 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
$80,000/year
30 percent rule -- using our average rent of $1,995/mo.
Comfortable income
$96,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
Median household income in Joliet IL is $88,026 , about 8% below the comfortable-living threshold.
Cost of living in Joliet IL
Overall prices in Joliet IL 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 Joliet IL's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,995 |
| Utilities | $477 |
| Groceries | $563 |
| Transportation | $1,138 |
| Healthcare | $555 |
| Other goods and services | $888 |
| Estimated total | $5,616/mo |
Population
149,785
Median household income
$88,026
Census median rent
$1,237/mo
Rent as % of income
30.5%
Median age
35.3
Mean commute
29 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.
Rent Trends in Joliet IL
Track how apartment prices are changing over time.
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