Cheapest Cities to Rent in Illinois (2026)
Discover the most affordable cities for renters in Illinois. These 1 cities offer the lowest rent prices in the state, perfect for budget-conscious renters.
$1,781
Cheapest 2BR
$1,781
State Average 2BR
$0
Monthly Savings
$0
Yearly Savings
Top 1 Cheapest Cities in Illinois
Ranked by 2-bedroom rent price (lowest first)
| Rank | City | Studio | 1 Bed | 2 Bed | 3 Bed | Income Needed |
|---|---|---|---|---|---|---|
#1 | Chicago, IL | $1,480 | $1,581 | $1,781 | $2,294 | $71,240/yr |
Why These Illinois Cities Are Affordable
Illinois offers excellent affordability relative to major metros. Chicago provides big-city amenities at prices well below NYC, LA, or SF. Downstate cities rank among the nation's most affordable.
- Below-average housing costs: These cities have housing indices lower than the state average of 85
- Lower demand: Smaller populations and less competitive markets keep prices reasonable
- Diverse housing stock: Mix of older and newer buildings provides options at various price points
- Regional economies: Local job markets support working populations without coastal-city premiums
Income Requirements
Using the standard 30% of income guideline, here's what you need to earn to afford rent in Illinois's cheapest cities:
#1: Chicago
2BR: $1,781/mo requires $71,240/year
How Illinois's Cheapest Cities Compare
vs State Average
+$0/mo
more expensive than Illinois average
vs National Average
+$381/mo
more expensive than US average
Cost of Living Index
95
Below national average (100)
What to Consider Before Moving
Best For
- ✓Urban lifestyle seekers
- ✓Finance professionals
- ✓University employees
- ✓Budget-conscious renters
Considerations
- •Cold winters
- •High property taxes
- •Declining population in some areas