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Rent in Braidwood, IL

A 2-bedroom in Braidwood, IL (ZIP 60408) typically rents for about $1,338 a month, with a range of $1,085–$1,590. Owner-occupied homes in Will County pay about 2.24% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.

Rent by bedrooms

Typical monthly rent in Braidwood, IL by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$1,330$1,330–$1,6781
1 bed$1,410$1,410–$1,7801
2 beds$1,338$1,085–$1,5901
3 beds$1,677$1,313–$2,0401
4 beds$2,340$2,340–$2,9541

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).

Braidwood ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Braidwood, IL?
About $1,338 a month: the median of the typical rents in 1 ZIP code, which range from $1,085–$1,590. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Braidwood, IL?
About $1,410 a month: the median of the typical rents in 1 ZIP code, which range from $1,410–$1,780. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Braidwood, IL?
About $1,677 a month: the median of the typical rents in 1 ZIP code, which range from $1,313–$2,040. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Braidwood, IL?
About $1,330 a month: the median of the typical rents in 1 ZIP code, which range from $1,330–$1,678. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Braidwood, IL?
About $2,340 a month: the median of the typical rents in 1 ZIP code, which range from $2,340–$2,954. Figures are gross rent (rent plus tenant-paid utilities).
What is the property tax rate in Braidwood, IL?
Owner-occupied homes in Will County pay a typical 2.24% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Braidwood rent figures come from?
HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).