Wilmette, Illinois Rental Market Trends
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 Wilmette, Illinois rental market.
Wilmette, Illinois
Average Apartment Rent
$5,367
Y-o-Y Change in Average
Apartment Rent
5.3%
As of March 2026
Compared to a year ago, Wilmette, Illinois apartments have recorded a 5.3% rent increase.
Wilmette, Illinois Average apartment rent trend
Wilmette, Illinois Average Apartment Rent
Wilmette, Illinois Apartment rent ranges
At 84.66%, apartments priced Over $3,000 represent the bulk of Wilmette, Illinois rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 2.27%.
Wilmette, Illinois Housing tenure**
Renters take up 13% of Wilmette, Illinois real estate, occupying a total of 1,322 units, while homeowners live in 9,076 properties.
Median number of rooms of renter-occupied housing units**
4.4
Renter median household income**
$66,492
Average household size of renter-occupied housing units**
2.04
Wilmette, Illinois Renter-occupied housing units by no. of bedrooms**
There are 430 rentals in Wilmette, Illinois with 1 bed making up the highest share of the market, at 33%. Units with 5 or more beds, on the other hand, hold the lowest percentage (3%), amounting to 46 units. Overall, the median number of rooms in Wilmette, Illinois homes for rent is 4.4.
Wilmette, Illinois Renter-occupied units by age of householder**
Most condos for rent in Wilmette, Illinois are occupied by residents in the 45 - 54 years age group (23%), followed by those in the 25 - 34 years age group (14%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 2%.
Wilmette, Illinois Renter-occupied housing units by family type**
Wilmette, Illinois Renter-occupied housing units by the presence of own children**
A total of 667 apartments for rent in Wilmette, Illinois, or 50% of all rentals are family households. Additionally, 28% of rental homes include children under the age of 18 – that’s 375 units. All in all, the median size of a renter-occupied household in Wilmette, Illinois is 2.04.
Wilmette, Illinois Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 67% of the rental market. In contrast, residents with less than a high school degree reside in 5% of the homes for rent in Wilmette, Illinois.
Wilmette, Illinois Renter-occupied units by year structure built**
The highest share of Wilmette, Illinois apartment rentals, namely 28% or 368 units, were Built 1950 - 1959, followed by those Built 1939 or earlier (18%, 236 units), and the ones Built 1960 - 1969 (17%, 231 units).
Wilmette, Illinois Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Wilmette, Illinois renters (50%) moved in 2010 to 2017, while only 4% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Wilmette, Illinois condos for rent is 2016.
Wilmette, Illinois Renter-occupied housing units by vehicles available**
When it comes to transportation options, 44% of Wilmette, Illinois renters have 1 vehicle available per household, 26% of them have No vehicle available, and 19% have 2 vehicles available.
Wilmette, Illinois Means of transportation to work of householders living in renter-occupied housing units**
Wilmette, Illinois Geographical mobility in the past year for householders living in renter-occupied housing units**
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 Wilmette, 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
