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

Volo 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.

 

Volo, 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 Volo is about $1,712 per month. This puts it in the 97th percentile compared to the state average cost of rent, which is $1,235. Households in Volo have a median income of $9,330 per month so the average renter in Volo is spending roughly 18% of their earnings on housing.

Nationally, and in Volo, home values are the data point most closely correlated with the cost of rent. The median price of a home in Volo is $224,019 right now, which is higher than nearby cities, meaning that rents in Volo also tend to be higher versus these nearby cities.

Higher rent prices are common in the northern parts of Volo while lower rent rates are often available in southwestern areas.

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