Average Rent in McDonough County, IL↑ Rents rising 8.3% YoY
HUD FY2025 · Official government data · Updated annually · Metro pop. 27,102
Market Overview
McDonough County, IL has rental prices ranging from $627/month to $1,382/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $706/month — 50% below the national average of $1,400/month. With a median household income of $50,434/year, spending $706/month on a 1-bedroom represents 17% of gross income — within the recommended 30% threshold.
How McDonough County Compares
With an average 2-bedroom rent of $915/month, McDonough County ranks #30 most expensive of the 87 cities tracked in Illinois — more affordable than 66% of all US cities in our data.
The McDonough County Rental Market
The McDonough County, IL area has a population of about 27,102 and 38% of households renting rather than owning. That is close to the US average renter share of ~34%.
Rent Trends
2-bedroom rents in McDonough County, IL have risen by $70/month (8.3%) over the past year, from $845 to $915. This rate of increase is significant and reflects strong rental demand and limited housing supply in the local market.
Affordability
To afford a 1-bedroom apartment in McDonough County, IL without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $28,240. The local median household income of $50,434 exceeds that threshold by $22,194, making McDonough County relatively accessible compared to local wages.
Economy & Jobs
McDonough County, IL has an unemployment rate of 4.4%, 0.5 percentage points above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.
Fair Market Rents
HUD FY2025Is McDonough County, IL Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in ILlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home Value |
|---|---|---|---|---|---|
| DeKalb County | $952 | $1,058 | $1,388 | $1,891 | — |
| Grundy County | $1,045 | $1,151 | $1,510 | $1,999 | — |
| Chicago | $1,458 | $1,560 | $1,761 | $2,262 | — |
| Kendall County | $1,428 | $1,438 | $1,886 | $2,643 | — |
| St. Louis | $951 | $984 | $1,215 | $1,570 | — |
| Davenport | $707 | $831 | $1,025 | $1,336 | — |
Rent or Buy in McDonough County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real McDonough County data
Renting appears to be the better financial choice for this scenario.
Living in McDonough County
Cost of living, job market, crime rates, and moving cost estimates.
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Frequently Asked Questions
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💵Rent Affordability in McDonough CountySalary needed to afford rent here
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