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 September 2026, the average rent in Waterman, IL is $1,075 per month, which is 45% lower than the national average rent of $1,948 per month.
AVERAGE RENT
$1,075
-33.8%-$550 decrease month-over-month
258.3%$775 increase year-over-year
AVAILABLE RENTALS
2
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,075 |
| 2 Bedrooms | — |
| 3 Bedrooms | $1,550 |
| 4 Bedrooms | $1,625 |
| All | $1,075 |
As of September 2026, the average rent for a 1 bedroom rental in Waterman, IL is $1,075 per month, followed by $1,550 for a 3 bedroom rental, and $1,625 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $1,550 |
| 4 Bedrooms | $1,625 |
| All | $1,625 |
As of September 2026, the average rent for a 3 bedroom townhome in Waterman, IL is $1,550 per month, followed by $1,625 for a 4 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,075 |
| 2 Bedrooms | — |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $1,075 |
As of September 2026, the average rent for a 1 bedroom apartment in Waterman, IL is $1,075 per month.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +442% compared to the previous year, which is a +$1,325 increase.
This year (2026)
Last year (2025)
Rent distribution
50% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $1,075 to $1,550.
