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Viewing 1-7 of 7 rentals in Addison
What to Know About
Life in Addison & Beyond
Addison shares many of the great qualities that make Illinois a desirable place to live.
Illinois is known for its rich cultural heritage, lively urban centers, and beautiful countryside landscapes. Explore the state's cultural heritage by visiting renowned museums such as the Lincoln Presidential Library and Museum, the Field Museum of Natural History, the Museum of Science and Industry, and the Art Institute of Chicago. The state also has a thriving theater and art scene, including the renowned Steppenwolf Theatre Company in Chicago. Illinois is also home to respected universities like the University of Illinois at Urbana-Champaign and Northwestern University.
Outdoor enthusiasts will love the scenic beauty of the Shawnee National Forest and the adventure-filled trails of the Starved Rock State Park. Sports fans will be in their element in Illinois, cheering on the Chicago Bears (NFL), Chicago Blackhawks (NHL), Chicago Cubs (MLB), Chicago White Sox (MLB), and Chicago Bulls (NBA). Experience famous attractions like the Willis Tower, Navy Pier, and the Lincoln Park Zoo. Also, enjoy the musicals and plays at Broadway-in-Chicago, festivals throughout the summer months, and culinary tours of the local restaurants.
With its vibrant cultural scene, exciting entertainment options, and top-notch educational opportunities, Illinois offers a high quality of life, making it a great place to live.
Rental Market Trends
Addison, IL
As of May 2025, Addison's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Addison's average rent is 11.4% ($194) lower than the Illinois average of $1,701 and 16.0% ($286) lower than the U.S. average of $1,793.
Average Rent
$1,507
Monthly ChangeMonth Over Month Change
0.1% ($2)
Yearly ChangeYear Over Year Change
0.5% ($8)
Avg. Days on MarketAverage Days on Market
26
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,498 | 0.5% ($8) | 1.4% ($21) |
| 2 Beds | $1,925 | 6.1% ($125) | 1.2% ($23) |
| 3 Beds | $2,164 | 6.1% ($140) | 1.2% ($26) |
| Nearby Cities | Average Rent | Avg. Rent vs. AddisonAverage Rent vs. Addison | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Itasca | $1,746 | 15.9% ($239) | 29 days |
| Glendale Heights | $2,013 | 33.6% ($506) | 29 days |
| Lombard | $2,106 | 39.7% ($599) | 31 days |
| Bloomingdale | $2,780 | 84.5% ($1273) | 25 days |
| Bensenville | $1,920 | 27.4% ($413) | 27 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Addison Rental Market FAQs
Explore rental prices, market trends, and availability in Addison, IL.
The average rent in Addison, IL is $1,507 per month.
Homes in Addison typically rent for between $1,049 and $2,813 per month, with an average of $1,507 per month.
In Addison, the average rent for a 1-bedroom home is $1,498 per month, for a 2-bedroom home, $1,925 per month, and a 3-bedroom home is $2,164 per month.
The average rent in Addison is 16% ($286) lower than the national average of $1,793 per month.
The average rent in Addison has decreased by 0.1% ($2) in the last month and increased by 0.5% ($8) over the past year.
The rental market in Addison, IL, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Addison, IL, the average rental stays on the market for approximately 26 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 7 rental properties available in Addison, IL.
Based on the current averages, a household would need an annual income of $77,000 to comfortably afford a 2-bedroom home in Addison.
