Apartments in 61016

2 rentals

Apartments For Rent Near 61016

We found 30 more apartments matching your filters just outside 61016

Average Rent Trends in 61016

Rent in 61016 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Sep 2025.
MonthAverage rent
Jun 2025$1,199
Jul 2025$1,085
Aug 2025$975
Sep 2025$1,947
Oct 2025$1,547
Nov 2025$1,441
Dec 2025$1,497
Jan 2026$1,299
Feb 2026$1,299
Mar 2026$1,399
Apr 2026$1,399
May 2026$1,399
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,349$1,449—$2,555$1,700
Apartments and Condos$975———$975
Houses—$1,700—$2,555$1,700

Frequently Asked Questions about Apartments and Condos for rent in 61016

  • What is the average rent of an apartment in 61016?
    The average rent of an apartment in 61016 is $1,399 per month. This is about 27% lower than the national average.
  • When is the average rent cheapest in 61016?
    In the last year, the average rent in 61016 was lowest in Aug 2025 when it was $975 per month.
  • When is the average rent most expensive in 61016?
    In the last year, the average rent in 61016 was highest in Sep 2025 when it was $1,947 per month.
  • How many apartments or condos are available to rent in 61016?
    There are 1 available apartments or condos to rent in 61016.
  • What are some cities near 61016?
    Some nearby cities include: Cherry Valley, New Milford, Monroe Center, Belvidere, Kirkland, Rockford. These cities may have more rental options to explore.