Waterman, IL rental market

What is the average rent in Waterman, IL?

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Last updated June 23, 2026

Rental market summary

The average rent for all bedrooms and all property types in Waterman, IL is $1,950.

Average rent

$1,950

Month-over-month change

+$955

Year-over-year change

+$975

Available rentals

1

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,950 to $1,950.

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Rent frequencies
Rent priceNumber of rental properties
$1,900+1

Average rent price over time

In the last year, rent has increased by $975 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,095$1,150
Apr$975$1,150
May$975$995
Jun$975$995
Jul$975$995
Aug$975No data
Sep$300No data
Oct$300No data
Nov$300No data
Dec$1,900No data

Market temperature

The Waterman, IL rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Waterman, IL is 3% lower than the national average.

Waterman, ILvs.

$1,950

$2,009

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Frequently asked questions

1. What is the average rent in Waterman, IL?

The average rent in Waterman, IL is $1,950.

2. What is the average rent for a three-bedroom apartment in Waterman, IL?

The average rent for a three-bedroom apartment in Waterman, IL is $1,950 per month.

3. How much does it cost to rent a house in Waterman, IL?

Houses in Waterman, IL rent between $1,950 - $1,950 with an average rent of $1,950.

4. How has the rent in Waterman, IL changed in the last year?

In the last year, the rent in Waterman, IL increased by $975

5. How much has the rent in Waterman, IL increased/decreased in the last month?

In the last month, the rent in Waterman, IL increased by $955

6. How many available rentals are there in Waterman, IL?

There are currently 1 rentals available in Waterman, IL.

7. How do rent prices in Waterman, IL compare with the national average?

The average rent in Waterman, IL is $1,950 — 2.94% lower the national average of $2,009.

Zip codes in Waterman, IL

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