Average Rent in Richland County, IL↑ Rents rising 7.8% YoY🔻 5th cheapest in IL
HUD FY2025 · Official government data · Updated annually · Metro pop. 15,675
Market Overview
Richland County, IL has rental prices ranging from $597/month to $1,429/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $745/month — 47% below the national average of $1,400/month. With a median household income of $60,404/year, spending $745/month on a 1-bedroom represents 15% of gross income — within the recommended 30% threshold.
How Richland County Compares
With an average 2-bedroom rent of $870/month, Richland County ranks #83 most expensive of the 87 cities tracked in Illinois — more affordable than 88% of all US cities in our data.
The Richland County Rental Market
The Richland County, IL area has a population of about 15,675 and 26% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.
Rent Trends
2-bedroom rents in Richland County, IL have risen by $63/month (7.8%) over the past year, from $807 to $870. This modest growth is consistent with broader inflationary trends seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Richland County, IL without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $29,800. The local median household income of $60,404 exceeds that threshold by $30,604, making Richland County relatively accessible compared to local wages.
Economy & Jobs
Richland County, IL has an unemployment rate of 3.4%, 0.5 percentage points below the national average of 3.9%. Strong employment conditions typically sustain rental demand, as workers relocate to the area and local residents maintain stable housing.
Fair Market Rents
HUD FY2025Is Richland 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 Richland County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Richland County data
Renting appears to be the better financial choice for this scenario.
Living in Richland 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 Richland CountySalary needed to afford rent here
🗺️All Cities in ILSee how Richland County ranks statewide
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