New Mexico vs Illinois: Rent Comparison 2026
Side-by-side comparison of fair market rents, income, and tenant protections between New Mexico and Illinois.
New Mexico is 16% cheaper for a 2-bedroom rental than Illinois, saving renters approximately $182/mo ($2,184/year).
| Metric | New Mexico | Illinois |
|---|---|---|
| Average 1BR Rent | $791/mo | $948/mo |
| Average 2BR Rent | $983/mo | $1,165/mo |
| Median Income | $58,909 | $66,429 |
| Renter % | 35.5% | 33.1% |
| Tenant Rights | 5/10 | 7/10 |
Rent Burden Comparison
New Mexico
2BR Rent: $983/mo of $58,909/yr income
20.0% of income
Illinois
2BR Rent: $1,165/mo of $66,429/yr income
21.0% of income
Frequently Asked Questions
Is New Mexico or Illinois cheaper to rent in?
New Mexico has lower average rents. A 2-bedroom averages $983/mo, which is $182 less per month than Illinois (16% cheaper).
Which state has better tenant protections, New Mexico or Illinois?
Illinois has stronger tenant rights with a score of 7/10 compared to 5/10.
What is the income difference between New Mexico and Illinois?
New Mexico median income: $58,909. Illinois median income: $66,429. Difference: $7,520/year.