What's the average rent in Waterman, IL?
Rental Market Trends in Waterman, IL
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SOURCE: TRULIA DATA
Rental market highlights
As of June 2026, the average rent in Waterman, IL is $1,175 per month, which is 40% lower than the national average rent of $1,951 per month.
AVERAGE RENT
$1,175
18.1%$180 increase month-over-month
20.5%$200 increase year-over-year
AVAILABLE RENTALS
1
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $995 |
| 2 Bedrooms | — |
| 3 Bedrooms | $1,175 |
| 4 Bedrooms | — |
| All | $1,175 |
As of June 2026, the average rent for a 1 bedroom rental in Waterman, IL is $995 per month, followed by $1,175 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $995 |
| 2 Bedrooms | — |
| 3 Bedrooms | $1,175 |
| 4 Bedrooms | — |
| All | $995 |
As of June 2026, the average rent for a 1 bedroom apartment in Waterman, IL is $995 per month, followed by $1,175 for a 3 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $1,950 |
| 4 Bedrooms | — |
| All | $1,950 |
As of June 2026, the average rent for a 3 bedroom house in Waterman, IL is $1,950 per month.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +2% compared to the previous year, which is a +$20 increase.
This year (2026)
Last year (2025)
Rent distribution
100% of rentals have rent of $1,500-$2,199/month
Rental price range
The price range for rentals is $1,950 to $1,950.