90 Apartments under 1500 for rent in Naperville, IL

Last updated September 26 at 12:18AM
2816 Alameda Court
Tall Grass
Naperville, IL
Updated August 24 at 1:32PM
2 Bedrooms
$1,375
2611 Cedar Glade Drive
Tall Grass
Naperville, IL
Updated August 26 at 12:50AM
2 Bedrooms
$1,450
124 East Bailey Road
Naperville
Naperville, IL
Updated September 19 at 10:29AM
2 Bedrooms
$1,200
1348 Crab Apple Court
Brush Hill
Naperville, IL
Updated September 22 at 10:08AM
2 Bedrooms
$995
1726 South Washington Street
Maple Brook
Naperville, IL
Updated September 23 at 10:42AM
1 Bedroom
$1,300
2929 Cedar Glade Drive
Tall Grass
Naperville, IL
Updated September 21 at 1:58PM
2 Bedrooms
$1,450
2435 SHEEHAN Drive
Tall Grass
Naperville, IL
Updated August 15 at 5:25AM
2 Bedrooms
$1,395
Results within 1 miles of Naperville, IL
Preserve At Cantera
30000 Village Green Blvd
Warrenville, IL
Updated September 25 at 11:04PM
1 Bedroom
$1,240
2 Bedrooms
$1,410
3 Bedrooms
$1,760
2300 OLD TAVERN Road
Beau Bien
Lisle, IL
Updated August 28 at 7:06PM
2 Bedrooms
$1,100
520 Burning Tree Lane
Cress Creek
Naperville, IL
Updated September 20 at 10:35AM
2 Bedrooms
$1,300
S Washington St
Maple Brook
Naperville, IL
Updated September 24 at 7:25AM
2 Bedrooms
$1,300
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Rent Report
Naperville

September 2017 Naperville Rent Report

Welcome to the September 2017 Naperville Rent Report. In this report, we'll evaluate trends in the Naperville rental market, including comparisons to cities throughout the metro and nation.

Naperville rents increased marginally over the past month

Naperville rents have increased 0.2% over the past month, and are up moderately by 2.4% in comparison to the same time last year. Currently, median rents in Naperville stand at $1,490 for a one-bedroom apartment and $1,750 for a two-bedroom. This is the seventh straight month that the city has seen rent increases after a decline in January. Naperville's year-over-year rent growth leads the state average of 2.3%, but trails the national average of 3.0%.

Rents rising across the Chicago Metro

Throughout the past year, rent increases have been occurring not just in the city of Naperville, but across the entire metro. Of the largest 10 cities that we have data for in the Chicago metro, 8 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Woodridge has seen the fastest rent growth in the metro, with a year-over-year increase of 4.4%. The median two-bedroom there costs $1,460, while one-bedrooms go for $1,240.
  • Over the past month, Hoffman Estates has seen the biggest rent drop in the metro, with a decline of 1.2%. Median two-bedrooms there cost $1,300, while one-bedrooms go for $1,110.
  • Chicago proper has the least expensive rents in the Chicago metro, with a two-bedroom median of $1,290; rents went down 0.2% over the past month but rose 3.8% over the past year.
  • Naperville has the most expensive rents of the largest cities in the Chicago metro, with a two-bedroom median of $1,750; rents were up 0.2% over the past month and 2.4% over the past year.

Many large cities nationwide show more affordable rents compared to Naperville

Rent growth in Naperville has been relatively stable over the past year - some other large cities have seen more substantial increases; in contrast, rents in a few cities have actually declined. Compared to most large cities across the country, Naperville is less affordable for renters.

  • Illinois as a whole has logged 2.3% year-over-year growth, while rent trends across other cities throughout the state have seen both increases and decreases.
  • Naperville's median two-bedroom rent of $1,750 is above the national average of $1,160. Nationwide, rents have grown by 3.0% over the past year compared to the 2.4% increase in Naperville.
  • While rents in Naperville remained moderately stable this year, similar cities saw increases, including Denver (+3.0%), St. Louis (+2.6%), and Baltimore (+2.6%); note that median 2BR rents in these cities go for $1,350, $940, and $1,210 respectively.
  • Renters will generally find more expensive prices in Naperville than most large cities. For example, Indianapolis has a median 2BR rent of $850, where Naperville is more than twice that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Chicago $1,100 $1,290 -0.2% 3.8%
Aurora $1,110 $1,300 0.3% 2.3%
Naperville $1,490 $1,750 0.2% 2.4%
Arlington Heights $1,250 $1,470 0.4% 4.0%
Evanston $1,300 $1,530 0.2% 2.5%
Palatine $1,110 $1,310 -0.4% 1.5%
Wheaton $1,260 $1,480 -0.2% -0.1%
Hoffman Estates $1,110 $1,300 -1.2% 2.2%
Woodridge $1,240 $1,460 0.4% 4.4%
Lisle $1,210 $1,420 -0.0% -0.2%
See more

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.