State rental market reference · Data updated October 18, 2026
Illinois rental market for DSCR investors: rent, taxes and insurance by county
What a rental in Illinois rents for, what it costs to carry, and whether it stays rented, from official data for all 102 counties. Read it before you price a deal here.
Illinois at a glance
What does a rental rent for?
$2,011 a month
HUD's FY2027 2-bedroom Fair Market Rent where most of Illinois's renters live, from $930 (Jackson County) to $2,341 (Kendall County). It is the government figure for a modest 2-bedroom unit, utilities included, not the rent for a house.
What will property taxes cost?
2.01% of value a year
Homeowners in Illinois pay a median $5,298 a year on a median home value of $263,300 (Census ACS 2020–2024). A rental can be taxed at a different rate than an owner's home; the local tax bill is the real number.
What will insurance cost?
$1,240 a year
The median that homeowners with a mortgage in Illinois report paying for homeowners insurance (Census ACS 2020–2024). It is not a landlord quote: a rental policy usually costs more, and flood cover is extra.
Will it stay rented?
5.0% rental vacancy
Share of Illinois's rental homes vacant and for rent (Census ACS 2020–2024), across 1,657,539 renter households. Lower means rentals fill faster.
Are jobs growing?
Employment down 2.2% in a year
Employed residents in August 2026 against a year earlier; unemployment 4.9% (BLS, not seasonally adjusted, so compare the same month a year apart).
Is new supply coming?
18,551 homes permitted in 2025
About 3.7 new homes per 1,000 households; 58% single-family (Census Building Permits Survey). More new homes means more competition for tenants and buyers.
How often does it flood?
22,014 flood claims since 2005
National Flood Insurance Program claims on properties in Illinois since 2005, $388.0 million paid (FEMA). Claims show where water has reached insured buildings; they are not a flood map, so check the FEMA flood zone for the address.
What it means for a DSCR rental in Illinois
A lender's DSCR is the monthly rent divided by the full monthly payment: principal, interest, property taxes, insurance and any HOA dues. Many lenders accept 1.00x; 1.20x leaves a cushion.
Take a home at Illinois's median value of $263,300, bought with 25% down on a 7.5% 30-year loan, with the state's typical tax rate and insurance:
- Principal and interest ($197,475 loan)
- $1,381
- Property taxes
- $441
- Insurance
- $103
- Full monthly payment
- $1,925
- Rent for a 1.20x DSCR
- $2,310 a month
The government 2-bedroom figure where most of Illinois's renters live is $2,011 a month, below the $2,310 that home needs. A house usually rents for more than a 2-bedroom unit, so price the house you are looking at with its own rent. The last column of the table below gives the same figure for each county.
Rules and costs a landlord faces in Illinois
Each line quotes the official source it comes from and the date it was last checked. These are general rules, not legal advice; local rules can add to them.
- Where do you insure when private insurers decline?
Illinois Fair Plan.
If you cannot find homeowners insurance, talk to your insurance agent ... about the Illinois Fair Plan. To qualify for coverage with the FAIR Plan, you must have three unsuccessful attempts to buy property coverage from insurance companies
Illinois Department of Insurance, checked October 19, 2026
Market hubs in Illinois
DSCRInfo does not publish a monthly market hub in Illinois yet. The figures above and the table below cover every county; the market hubs cover other states.
Illinois by county
All 102 counties, most renter households first. "Rent for 1.20x" is the monthly rent a home at that county's median value needs on the example loan above. A dash means the source publishes no reliable figure there.
| County | 2-bed FMR | Property tax | Insurance / yr | Rental vacancy | Jobs, 1 yr | Permits | Flood claims | Rent for 1.20x |
|---|---|---|---|---|---|---|---|---|
| Cook County | $2,011 | 1.91% | $1,220 | 4.5% | -3.7% | 4,969 | 8,729 | $2,780 |
| DuPage County | $2,011 | 2.05% | $1,270 | 5.6% | -3.7% | 1,265 | 1,520 | $3,390 |
| Lake County | $2,011 | 2.58% | $1,340 | 3.7% | +0.3% | 1,468 | 1,286 | $3,200 |
| Kane County | $2,011 | 2.26% | $1,270 | 3.1% | -1.0% | 1,629 | 416 | $2,920 |
| Will County | $2,011 | 2.24% | $1,330 | 3.7% | -3.6% | 1,993 | 565 | $2,860 |
| Winnebago County | $1,172 | 2.39% | $1,120 | 4.6% | -0.8% | 309 | 1,036 | $1,540 |
| Champaign County | $1,173 | 2.06% | $1,200 | 9.0% | +0.4% | 860 | 70 | $1,890 |
| St. Clair County | $1,349 | 2.03% | $1,380 | 4.7% | +0.4% | 463 | 517 | $1,640 |
| Madison County | $1,349 | 1.92% | $1,330 | 4.1% | +0.3% | 435 | 303 | $1,550 |
| Peoria County | $1,212 | 2.24% | $1,210 | 6.8% | +0.1% | 73 | 620 | $1,470 |
| McLean County | $1,287 | 2.17% | $1,220 | 5.5% | -0.5% | 269 | 52 | $1,890 |
| Sangamon County | $1,237 | 1.99% | $1,280 | 10.9% | -1.2% | 224 | 64 | $1,590 |
| McHenry County | $2,011 | 2.36% | $1,250 | 2.9% | -3.6% | 1,393 | 458 | $2,790 |
| Rock Island County | $1,056 | 2.28% | $1,110 | 6.4% | -0.9% | 187 | 756 | $1,400 |
| DeKalb County | $1,481 | 2.45% | $1,190 | 2.6% | -0.6% | 264 | 139 | $2,250 |
| Macon County | $1,091 | 2.12% | $1,160 | 11.8% | -0.7% | 38 | 49 | $1,190 |
| Kankakee County | $1,349 | 2.21% | $1,230 | 4.2% | +0.0% | 113 | 365 | $1,760 |
| Tazewell County | $1,212 | 2.11% | $1,190 | 6.5% | +0.3% | 118 | 48 | $1,530 |
| LaSalle County | $1,052 | 2.11% | $1,220 | 3.9% | -1.1% | 60 | 312 | $1,480 |
| Jackson County | $930 | 1.84% | $1,420 | 8.0% | -0.6% | 4 | 71 | $1,260 |
| Vermilion County | $956 | 1.81% | $1,150 | 9.4% | -0.1% | 10 | 54 | $900 |
| Williamson County | $996 | 1.72% | $1,390 | 5.2% | +0.6% | 141 | 79 | $1,390 |
| Coles County | $950 | 1.94% | $1,160 | 2.9% | +1.6% | 16 | 30 | $1,160 |
| Adams County | $1,013 | 1.58% | $1,160 | 4.3% | +1.0% | 36 | 177 | $1,400 |
| Kendall County | $2,341 | 2.37% | $1,260 | 2.8% | -0.9% | 733 | 60 | $2,920 |
Show the other 77 counties
| County | 2-bed FMR | Property tax | Insurance / yr | Rental vacancy | Jobs, 1 yr | Permits | Flood claims | Rent for 1.20x |
|---|---|---|---|---|---|---|---|---|
| Knox County | $930 | 1.96% | $1,010 | 6.4% | +1.3% | 1 | 17 | $1,020 |
| Stephenson County | $930 | 2.40% | $1,190 | 4.1% | +1.9% | 14 | 129 | $1,290 |
| Whiteside County | $945 | 2.04% | $1,030 | 8.4% | +0.4% | 23 | 78 | $1,160 |
| Grundy County | $1,613 | 1.99% | $1,410 | 1.0% | -3.4% | 114 | 191 | $2,390 |
| Ogle County | $1,080 | 2.06% | $1,240 | 3.0% | -1.1% | 87 | 95 | $1,700 |
| McDonough County | $930 | 2.13% | $1,200 | 11.8% | +0.2% | 1 | 5 | $1,030 |
| Jefferson County | $994 | 1.70% | $1,320 | 6.0% | -1.3% | 12 | 12 | $1,140 |
| Franklin County | $930 | 1.57% | $1,260 | 1.9% | -0.1% | 19 | 23 | $830 |
| Henry County | $1,056 | 1.99% | $1,200 | 3.7% | -0.1% | 18 | 73 | $1,380 |
| Marion County | $930 | 1.71% | $1,250 | 3.9% | -0.9% | 12 | 6 | $950 |
| Macoupin County | $978 | 1.50% | $1,410 | 10.0% | +1.3% | 70 | 3 | $1,220 |
| Livingston County | $996 | 2.05% | $1,180 | 7.1% | +2.3% | 50 | 185 | $1,300 |
| Morgan County | $930 | 1.76% | $1,230 | 7.8% | +1.1% | 15 | 38 | $1,180 |
| Logan County | $962 | 1.77% | $1,070 | 1.6% | +0.1% | 64 | 13 | $1,190 |
| Boone County | $1,172 | 2.18% | $1,160 | 4.1% | -0.3% | 68 | 22 | $1,950 |
| Lee County | $930 | 1.97% | $1,240 | 7.4% | +0.6% | 32 | 23 | $1,400 |
| Christian County | $939 | 1.64% | $1,170 | 11.8% | +0.8% | 60 | 6 | $1,030 |
| Bureau County | $981 | 2.01% | $1,120 | 3.3% | -0.3% | 16 | 39 | $1,170 |
| Fulton County | $930 | 2.14% | $1,190 | 14.5% | +1.2% | 18 | 33 | $1,020 |
| Effingham County | $930 | 1.49% | $1,230 | 5.4% | +0.1% | 50 | 1 | $1,600 |
| Clinton County | $1,349 | 1.83% | $1,390 | 4.5% | +1.3% | 51 | 21 | $1,700 |
| Randolph County | $930 | 1.43% | $1,200 | 0.9% | -0.1% | 7 | 41 | $1,160 |
| Saline County | $930 | 1.69% | $1,270 | 2.8% | -0.2% | 0 | 27 | $880 |
| Montgomery County | $930 | 1.68% | $1,230 | 7.5% | +1.0% | 11 | 7 | $1,020 |
| Iroquois County | $930 | 1.82% | $1,220 | 4.7% | +2.7% | 14 | 778 | $1,240 |
| Monroe County | $1,349 | 1.63% | $1,510 | 3.4% | +1.2% | 65 | 26 | $2,390 |
| Woodford County | $1,212 | 2.13% | $1,310 | 5.9% | +0.6% | 39 | 166 | $1,800 |
| Edgar County | $930 | 1.45% | $1,180 | 1.4% | -0.8% | 3 | 2 | $870 |
| Jo Daviess County | $959 | 1.72% | $1,130 | 7.5% | +0.5% | 42 | 118 | $1,790 |
| Shelby County | $946 | 1.50% | $1,150 | 1.7% | +2.1% | 46 | 0 | $1,180 |
| Douglas County | $930 | 1.70% | $1,160 | 4.2% | +1.0% | 28 | 73 | $1,320 |
| Richland County | $935 | 1.58% | $1,080 | 3.1% | +0.6% | 8 | 0 | $990 |
| Warren County | $930 | 1.81% | $1,170 | 3.3% | +1.5% | 4 | 12 | $970 |
| Ford County | $930 | 2.12% | $1,230 | 0.1% | +2.6% | 14 | 2 | $1,150 |
| Jersey County | $1,349 | 1.76% | $1,540 | 7.9% | +1.4% | 39 | 362 | $1,540 |
| Union County | $930 | 1.30% | $1,410 | 2.0% | +1.9% | 10 | 33 | $1,140 |
| Lawrence County | $943 | 1.18% | $1,190 | 2.8% | +1.7% | 67 | 15 | $860 |
| Fayette County | $930 | 1.45% | $1,200 | 12.4% | +0.9% | 3 | 0 | $1,130 |
| Carroll County | $930 | 1.99% | $1,130 | 5.2% | +1.1% | 18 | 39 | $1,060 |
| Perry County | $930 | 1.60% | $1,190 | 8.1% | -1.1% | 23 | 8 | $1,010 |
| Wayne County | $930 | 1.49% | $1,290 | 1.0% | +1.3% | 1 | 8 | $990 |
| Bond County | $979 | 1.89% | $1,280 | 7.6% | +1.6% | 25 | 5 | $1,320 |
| Hancock County | $930 | 1.81% | $1,180 | 12.1% | +2.6% | 1 | 135 | $1,040 |
| De Witt County | $1,059 | 1.78% | $1,210 | 5.9% | -1.9% | 13 | 6 | $1,170 |
| Moultrie County | $930 | 1.80% | $1,180 | 6.7% | +0.7% | 29 | 12 | $1,200 |
| Crawford County | $930 | 1.49% | $1,360 | 11.5% | +2.1% | 9 | 26 | $1,080 |
| Pike County | $930 | 1.53% | $1,150 | 4.0% | +1.7% | 11 | 49 | $910 |
| White County | $930 | 1.34% | $1,150 | 4.0% | +0.4% | 1 | 45 | $940 |
| Clark County | $1,011 | 1.56% | $1,300 | 4.8% | -0.6% | 9 | 17 | $1,170 |
| Massac County | $993 | 1.40% | $1,310 | 4.4% | +1.8% | 8 | 81 | $1,070 |
| Cass County | $930 | 2.02% | $1,080 | 9.7% | +5.5% | 2 | 21 | $920 |
| Wabash County | $992 | 1.41% | $1,270 | 1.2% | -2.8% | 7 | 0 | $940 |
| Clay County | $930 | 1.43% | $1,220 | 3.2% | +1.5% | 2 | 3 | $870 |
| Menard County | $1,237 | 1.72% | $1,310 | 3.4% | -0.1% | 11 | 7 | $1,620 |
| Mercer County | $1,056 | 1.96% | $1,280 | 10.4% | +0.5% | 18 | 20 | $1,340 |
| Marshall County | $1,212 | 1.94% | $1,220 | 1.6% | +1.8% | 3 | 35 | $1,300 |
| Mason County | $930 | 2.09% | $1,130 | 4.0% | +2.2% | 6 | 86 | $980 |
| Piatt County | $1,173 | 1.81% | $1,240 | 4.5% | +1.8% | 39 | 17 | $1,590 |
| Greene County | $965 | 1.74% | $1,310 | 7.5% | +1.6% | 2 | 5 | $900 |
| Washington County | $930 | 1.87% | $1,380 | 0.2% | +1.7% | 15 | 5 | $1,410 |
| Hamilton County | $930 | 1.33% | $1,230 | 0.0% | +1.4% | – | 0 | $990 |
| Johnson County | $930 | 1.24% | $1,630 | 7.2% | +4.9% | 0 | 3 | $1,370 |
| Cumberland County | $930 | 1.59% | $1,090 | 6.2% | +0.8% | 0 | 0 | $1,100 |
| Pulaski County | $930 | 1.02% | $1,270 | 5.0% | +1.6% | 3 | 15 | $750 |
| Brown County | $1,084 | 1.52% | $1,120 | 5.6% | +2.3% | 7 | 10 | $1,290 |
| Schuyler County | $930 | 1.78% | $1,160 | 5.2% | +2.9% | 0 | 5 | $1,000 |
| Jasper County | $948 | 1.95% | $1,310 | 3.6% | +2.3% | 6 | 5 | $1,170 |
| Edwards County | $930 | 1.45% | $1,060 | 4.3% | -15.4% | – | 0 | $880 |
| Henderson County | $935 | 1.58% | $1,280 | 12.3% | +3.7% | 4 | 246 | $950 |
| Gallatin County | $930 | 1.57% | $1,300 | 0.0% | +6.3% | – | 28 | $780 |
| Putnam County | $942 | 1.57% | $1,320 | 1.5% | +1.0% | 6 | 26 | $1,490 |
| Stark County | $1,212 | 1.69% | $1,170 | 0.4% | +1.9% | 1 | 1 | $950 |
| Scott County | $930 | 1.50% | $1,140 | 5.8% | +3.0% | – | 7 | $870 |
| Alexander County | $1,012 | 1.81% | $1,180 | 13.7% | +1.3% | 0 | 164 | $600 |
| Hardin County | $930 | 0.96% | $1,650 | 10.7% | +0.6% | 0 | 4 | $920 |
| Pope County | $1,095 | 1.03% | $1,530 | 8.3% | -0.3% | 1 | 0 | $1,210 |
| Calhoun County | $1,349 | 1.39% | $1,470 | 26.5% | +3.4% | 5 | 329 | $1,610 |
Where these numbers come from
- 2-bedroom Fair Market Rent
- HUD's FY2027 Fair Market Rents, in effect from October 1, 2026: the rent and utilities of a modest 2-bedroom unit, set for housing vouchers. It is not a house rent. Where HUD publishes by town (New England), the county shows the range. HUD Fair Market Rents
- Property tax, insurance, vacancy and home value
- Census American Community Survey 5-year estimates, 2020–2024. Property tax is the median tax paid divided by the median home value of owner-occupied homes. Insurance is the median that owners with a mortgage report paying, not a landlord quote. Rental vacancy is homes vacant for rent divided by all rental homes. Figures from too few homes are left blank. American Community Survey
- Jobs
- BLS Local Area Unemployment Statistics: employed residents in August 2026 against the same month a year earlier, not seasonally adjusted. BLS LAUS
- Permits
- Census Building Permits Survey: new housing units authorized in 2025, all building sizes. Building Permits Survey
- Flood claims
- FEMA National Flood Insurance Program claims with a loss in 2005 or later, and the net amount paid. Only insured buildings appear. Check a flood zone
These are screening figures for comparing places, not a quote, an appraisal or a loan offer. Illinois total flood payments since 2005: $388.0 million.