The Most and Least Expensive Areas to Rent in Thomson, IL

Thomson renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.

 

Thomson, IL of rent costs by neighborhood
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Rental Price Key

High-end
Mid-tier
Most affordable

On average, the cost of rent in Thomson is about $807 per month. This puts it in the 57th percentile compared to the state average cost of rent, which is $1,235. Households in Thomson have a median income of $4,665 per month so the average renter in Thomson is spending roughly 17% of their earnings on housing.

Nationally, and in Thomson, home values are the data point most closely correlated with the cost of rent. The median price of a home in Thomson is $128,327 right now, which is lower than nearby cities, meaning that rents in Thomson also tend to be lower versus these nearby cities.

Higher rent prices are common in the northwestern parts of Thomson while lower rent rates are often available in southeastern areas.

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