Mundelein, IL Rental Market Trends
Last updated: February 21, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Mundelein is $1,896, a 7.1% increase compared to the previous year, when the average rent was $1,771.
Studio Apartments at $1,413 offer the most budget-friendly option with 500 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 760 square feet for $1,714, balancing privacy and affordability.
Two-beedroom units at $2,056 offer 1,165 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,788 sq ft) for $2,851, suitable for larger households.
Average rent in Mundelein, IL
Last updated: February 21, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,896 | 974 sq. ft. |
| Studio | $1,413 | 500 sq. ft. |
| 1 Bed | $1,714 | 760 sq. ft. |
| 2 Beds | $2,056 | 1,165 sq. ft. |
| 3 Beds | $2,851 | 1,788 sq. ft. |
Mundelein, IL rent trends
Rental prices in Mundelein, IL have increased by 7.1% over the past year. The average rent moved from $1,771 to $1,896.
What's the typical rent budget in Mundelein, IL?
The largest share of rentals in Mundelein, IL (42%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Mundelein, IL?
3,308 or 29% of the households in Mundelein, IL are renter-occupied while 8,238 or 71% are owner-occupied.
How Mundelein Compares to Other Cities
| City | Average Rent |
|---|---|
| Mundelein | $1,896 |
| Chicago | $2,454 |
| Oak Park | $2,266 |
| Evanston | $2,598 |
| Naperville | $2,093 |
| Skokie | $2,149 |
| Aurora | $1,876 |
| Champaign | $1,685 |
| Dekalb | $1,105 |
| Peoria | $1,209 |
| Lombard | $1,989 |
| Waukegan | $1,372 |
| Vernon Hills, IL | $2,402 |
| Arlington Heights, IL | $1,941 |
| Highland Park, IL | $3,014 |
| Palatine, IL | $1,907 |
| Rolling Meadows, IL | $1,750 |
| Grayslake, IL | $1,497 |
| Gurnee, IL | $1,781 |
| Libertyville, IL | $2,412 |
| McHenry, IL | $1,718 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Mundelein apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.