Rent in Downers Grove, IL
Across Downers Grove's 2 ZIP codes, a 2-bedroom typically rents for about $2,057 a month, with figures from $1,789–$2,340. The highest typical rent is in 60515 ($2,069) and the lowest in 60516 ($2,045). Owner-occupied homes in DuPage County pay about 2.05% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,836 | $1,523–$1,950 | 2 |
| 1 bed | $1,690 | $1,214–$2,070 | 2 |
| 2 beds | $2,057 | $1,789–$2,340 | 2 |
| 3 beds | $2,606 | $1,906–$3,010 | 2 |
| 4 beds | $3,256 | $2,821–$3,440 | 2 |
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).
Downers Grove ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Downers Grove, IL?
- About $2,057 a month: the median of the typical rents in 2 ZIP codes, which range from $1,789–$2,340. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Downers Grove, IL?
- About $1,690 a month: the median of the typical rents in 2 ZIP codes, which range from $1,214–$2,070. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Downers Grove, IL?
- About $2,606 a month: the median of the typical rents in 2 ZIP codes, which range from $1,906–$3,010. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Downers Grove, IL?
- About $1,836 a month: the median of the typical rents in 2 ZIP codes, which range from $1,523–$1,950. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Downers Grove, IL?
- About $3,256 a month: the median of the typical rents in 2 ZIP codes, which range from $2,821–$3,440. Figures are gross rent (rent plus tenant-paid utilities).
- Which Downers Grove ZIP code has the highest rent?
- For a 2-bedroom, 60515 has the highest typical rent at $2,069 a month, and 60516 the lowest at $2,045.
- What is the property tax rate in Downers Grove, IL?
- Owner-occupied homes in DuPage County pay a typical 2.05% 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 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Downers Grove 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).