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107 Apartments under 1500 for rent in Naperville, IL

Last updated October 23 at 1:57pm UTC
The Iroquois Club Apartments
1101 Iroquois Ave
Naperville, IL
Updated October 23 at 1:45pm UTC
1 Bedroom
$1,250
2 Bedrooms
$1,525
3 Bedrooms
Ask
Windscape of Naperville
896 Benedetti Dr
Naperville, IL
Updated October 23 at 12:15pm UTC
1 Bedroom
$1,087
2 Bedrooms
$1,375
The Views of Naperville
701 Royal Saint George Dr
Naperville, IL
Updated October 23 at 12:15pm UTC
1 Bedroom
$1,028
2 Bedrooms
$1,202
20 South Naper Boulevard
Naperville
Naperville, IL
Updated October 23 at 10:18am UTC
2 Bedrooms
$1,475
413 Kiowa Drive
Naperville
Naperville, IL
Updated October 23 at 10:16am UTC
2 Bedrooms
$1,175
1497 Georgia Court
Naperville
Naperville, IL
Updated October 23 at 2:46am UTC
2 Bedrooms
$1,200
2872 Gypsum Circle
Tall Grass
Naperville, IL
Updated October 23 at 2:46am UTC
2 Bedrooms
$1,415
1370 Normantown Road
Far East
Naperville, IL
Updated October 22 at 10:53pm UTC
2 Bedrooms
$1,450
531 Kiowa Drive
Naperville
Naperville, IL
Updated October 22 at 1:54am UTC
2 Bedrooms
$1,275
1514 Georgia Ct
Naperville
Naperville, IL
Updated October 21 at 5:27pm UTC
2 Bedrooms
$1,275
1584 Normantown Road
Far East
Naperville, IL
Updated October 19 at 10:25am UTC
2 Bedrooms
$1,350
777 Royal St George Drive
Cress Creek
Naperville, IL
Updated October 18 at 11:47pm UTC
2 Bedrooms
$1,275
2819 VERNAL Lane
Tall Grass
Naperville, IL
Updated October 16 at 10:58am UTC
2 Bedrooms
$1,450
133 South Whispering Hills Drive
Naperville
Naperville, IL
Updated October 20 at 6:38am UTC
3 Bedrooms
$1,399

October 2018 Naperville Rent Report

Welcome to the October 2018 Naperville Rent Report. Naperville rents remained steady over the past month. In this report, we'll evaluate trends in the Naperville rental market, including comparisons to cities throughout the metro, state, and nation.

View full Naperville Rent Report
Rent Report
Naperville

October 2018 Naperville Rent Report

Welcome to the October 2018 Naperville Rent Report. Naperville rents remained steady over the past month. In this report, we'll evaluate trends in the Naperville rental market, including comparisons to cities throughout the metro, state, and nation.

Naperville rents declined over the past month

Naperville rents have declined 0.1% over the past month, but have been relatively flat at 0.2% 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. Naperville's year-over-year rent growth leads the state average of -0.3%, but trails the national average of 0.9%.

Rents falling across the Chicago Metro

While rents have remained steady in the city of Naperville throughout the past year, cities across the metro have seen a different trend. Rents have fallen in 6 of of the largest 10 cities in the Chicago metro for which we have data. Here's a look at how rents compare across some of the largest cities in the metro.

  • Elgin has the least expensive rents in the Chicago metro, with a two-bedroom median of $1,160; the city has also seen rents fall by 1.1% over the past year, the biggest drop in the metro.
  • Palatine has seen the fastest rent growth in the metro, with a year-over-year increase of 1.5%. The median two-bedroom there costs $1,340, while one-bedrooms go for $1,140.
  • Naperville has the most expensive rents of the largest cities in the Chicago metro, with a two-bedroom median of $1,750; rents were down 0.1% over the past month but remained flat year-over-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.

  • Naperville's median two-bedroom rent of $1,750 is above the national average of $1,180. Nationwide, rents have grown by 0.9% over the past year compared to the stagnant growth in Naperville.
  • While rents in Naperville remained moderately stable this year, similar cities saw increases, including Houston (+2.8%), San Francisco (+1.1%), and Columbus (+0.7%); note that median 2BR rents in these cities go for $1,020, $3,110, and $960 respectively.
  • Renters will generally find more expensive prices in Naperville than most large cities. For example, Detroit has a median 2BR rent of $890, where Naperville is nearly 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 $1,080 $1,270 -0.1% -0.9%
Aurora $1,100 $1,290 -0.7% -0.6%
Joliet $1,010 $1,190 -0.4% -0.8%
Naperville $1,490 $1,750 -0.1% 0.2%
Elgin $990 $1,160 -0.5% -1.1%
Arlington Heights $1,230 $1,450 -0.4% -0.9%
Evanston $1,300 $1,530 -0.4% -0.4%
Schaumburg $1,370 $1,610 -0.4% 1.3%
Palatine $1,140 $1,340 -0.6% 1.5%
Des Plaines $1,030 $1,210 -0.2% 1.1%
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.