Cheap Apartments for Rent in Wheeling, IL

38 rentals

Apartments For Rent Near Wheeling, IL

We found 30 more apartments matching your filters just outside Wheeling

Average Rent Trends in Wheeling, IL

Rent in Wheeling, IL varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Nov 2026 compared to the previous month. Rent previously peaked in Jul 2025.
MonthAverage rent
Dec 2025$2,400
Jan 2026$2,200
Feb 2026$2,200
Mar 2026$2,193
Apr 2026$2,195
May 2026$2,100
Jun 2026$2,100
Jul 2026$2,200
Aug 2026$2,067
Sep 2026$2,198
Oct 2026$2,200
Nov 2026$2,150
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Average Rent By Bedroom and Home Type

In November 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$1,640$2,100$2,650$4,200$2,136
Townhomes—$2,295$2,950$4,200$2,900
Apartments and Condos$1,550$1,945$2,500—$1,750
Houses—$2,395$2,650—$2,650
See more information about local market trends in Wheeling, IL

Frequently Asked Questions about Rentals in Wheeling, IL

  • What is the average rent of an apartment in Wheeling, IL?
    The average rent of an apartment in Wheeling, IL is $1,866 per month. This is about 3% lower than the national average.
  • What are the cheapest months to find an apartment to rent in Wheeling, IL?
    Last year, the cheapest month to find an apartment to rent was Apr 2025 when it was $2,100 per month.
  • How many cheap apartments are available in Wheeling, IL?
    There are 22 apartments to rent that are cheaper than the city’s average rent of $2,136.
  • When is the average rent most expensive in Wheeling, IL?
    In the last year, the average rent in Wheeling, IL was highest in Jul 2025 when it was $2,400 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Wheeling, IL?
    The average rent of a 1 bedroom apartment in Wheeling, IL is $1,640 per month. That is about $369 less than the cost of a studio apartment.
  • What are some cities near Wheeling, IL?
    Some nearby cities include: Prospect Heights, Buffalo Grove, Riverwoods, Arlington Heights, Northbrook. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en Wheeling, IL - 277 Rentas | Trulia