The 5 best rental markets in Illinois for investors & property managers in 2025
Buildium
JUNE 12, 2025
Illinois Rental Market Trends in 2025 Illinois is the sixth-most populous state in the U.S., Illinois has a diverse and resilient economy anchored by industries like manufacturing, agriculture, finance, healthcare, and logistics. Asking Rent (Q3-’24): $1,153 Effective Rent (Q3-’24): $1,147 Multifamily Vacancy Rate (Q3-’24): 3.8%
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