New York vs Illinois: Rent Comparison 2026
Side-by-side comparison of fair market rents, income, and tenant protections between New York and Illinois.
Illinois is 25% cheaper for a 2-bedroom rental than New York, saving renters approximately $388/mo ($4,656/year).
| Metric | New York | Illinois |
|---|---|---|
| Average 1BR Rent | $1,267/mo | $948/mo |
| Average 2BR Rent | $1,553/mo | $1,165/mo |
| Median Income | $86,864 | $66,429 |
| Renter % | 52.0% | 33.1% |
| Tenant Rights | 9/10 | 7/10 |
Rent Burden Comparison
New York
2BR Rent: $1,553/mo of $86,864/yr income
21.5% of income
Illinois
2BR Rent: $1,165/mo of $66,429/yr income
21.0% of income
Frequently Asked Questions
Is New York or Illinois cheaper to rent in?
Illinois has lower average rents. A 2-bedroom averages $1,165/mo, which is $388 less per month than New York (25% cheaper).
Which state has better tenant protections, New York or Illinois?
New York has stronger tenant rights with a score of 9/10 compared to 7/10.
What is the income difference between New York and Illinois?
New York median income: $86,864. Illinois median income: $66,429. Difference: $20,435/year.