Carol Stream, Illinois Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Carol Stream, Illinois rental market.

Carol Stream, Illinois

Average Apartment Rent

$1,674

Y-o-Y Change in Average
Apartment Rent

-0.1%

As of May 2026

Compared to a year ago, Carol Stream, Illinois apartments have recorded a -0.1% rent decrease.

Carol Stream, Illinois Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Carol Stream $1,651 $1,632 $1,610 $1,624 $1,654 $1,685 $1,654 $1,650 $1,641
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Carol Stream
National
Jul 2023
$1,651
$1,741
Nov 2023
$1,632
$1,732
Mar 2024
$1,610
$1,736
Jul 2024
$1,624
$1,756
Nov 2024
$1,654
$1,749
Mar 2025
$1,685
$1,755
Jul 2025
$1,654
$1,767
Nov 2025
$1,650
$1,753
Mar 2026
$1,641
$1,750

Carol Stream, Illinois Average Apartment Rent

Carol Stream, Illinois Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 74.51%, apartments priced $1,500 - $2,000 represent the bulk of Carol Stream, Illinois rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 3.61%.

Carol Stream, Illinois Housing tenure**

Renter occupied housing units 4,671
Owner occupied housing units 9,757

Renters take up 32% of Carol Stream, Illinois real estate, occupying a total of 4,671 units, while homeowners live in 9,757 properties.

Median number of rooms of renter-occupied housing units**

3.7

Renter median household income**

$64,989

Average household size of renter-occupied housing units**

2.46

Rental vacancy rate**

3.1%

Carol Stream, Illinois Renter-occupied housing units by no. of bedrooms**

No bedrooms 271
1 bed 1,541
2 beds 2,151
3 beds 537
4 beds 171

There are 2,151 rentals in Carol Stream, Illinois with 2 beds making up the highest share of the market, at 46%. Units with 4 beds, on the other hand, hold the lowest percentage (4%), amounting to 171 units. Overall, the median number of rooms in Carol Stream, Illinois homes for rent is 3.7.

Carol Stream, Illinois Renter-occupied units by age of householder**

15 - 24 years 404
25 - 34 years 1,093
35 - 44 years 872
45 - 54 years 611
55 - 59 years 266
60 - 64 years 275
65 - 74 years 339
75 - 84 years 405
85 years and over 406

Most condos for rent in Carol Stream, Illinois are occupied by residents in the 25 - 34 years age group (23%), followed by those in the 35 - 44 years age group (19%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 6%.

Carol Stream, Illinois Renter-occupied housing units by family type**

Family households 2,788
Non-Family Households 1,883

Carol Stream, Illinois Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 1,443
No related children of the householder under 18 3,228

A total of 2,788 apartments for rent in Carol Stream, Illinois, or 60% of all rentals are family households. Additionally, 31% of rental homes include children under the age of 18 – that’s 1,443 units. All in all, the median size of a renter-occupied household in Carol Stream, Illinois is 2.46.

Carol Stream, Illinois Renter-occupied housing units by educational attainment**

Less than high school graduate 699
High school graduate (including equivalency) 864
Some college or associate's degree 1,366
Bachelor's degree or higher 1,742

In terms of education, renters holding bachelor degrees or higher make up 37% of the rental market. In contrast, residents with less than a high school degree reside in 15% of the homes for rent in Carol Stream, Illinois.

Carol Stream, Illinois Renter-occupied units by year structure built**

Built 2020 or later 37
Built 2010 - 2019 41
Built 2000 - 2009 462
Built 1990 - 1999 800
Built 1980 - 1989 968
Built 1970 - 1979 1,402
Built 1960 - 1969 626
Built 1950 - 1959 149
Built 1940 - 1949 34
Built 1939 or earlier 152

The highest share of Carol Stream, Illinois apartment rentals, namely 30% or 1,402 units, were Built 1970 - 1979, followed by those Built 1980 - 1989 (21%, 968 units), and the ones Built 1990 - 1999 (17%, 800 units).

Carol Stream, Illinois Renter-occupied units by year householder moved in**

Moved in 2021 or later 402
Moved in 2018 to 2020 1,529
Moved in 2010 to 2017 2,233
Moved in 2000 to 2009 375
Moved in 1990 to 1999 82
Moved in 1989 or earlier 50

Median year renter moved into unit 2017

Most Carol Stream, Illinois renters (48%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Carol Stream, Illinois condos for rent is 2017.

Carol Stream, Illinois Renter-occupied housing units by vehicles available**

No vehicle available 695
1 vehicle available 2,188
2 vehicles available 1,152
3 vehicles available 428
4 or more vehicles available 208

When it comes to transportation options, 47% of Carol Stream, Illinois renters have 1 vehicle available per household, 25% of them have 2 vehicles available, and 15% have No vehicle available.

Carol Stream, Illinois Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 4,090
Car, truck, or van - carpooled 939
Walked 90
Worked at home 651

Carol Stream, Illinois Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 9,026
Moved within same county 1,312
Moved from different county within same state 688
Moved from different state 143
Moved from abroad 146

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Carol Stream, Illinois apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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