States › Illinois › Edwardsville

Is Edwardsville, IL expensive to live in?

OKRent takes 24 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,8375% higher than U.S. average
💵 Families earn per year (2026)$93,529about $7,794/month · 7% higher than U.S. average
🔑 House price$299,80010% lower than U.S. average

Rent is higher than in 60% of U.S. cities. A typical house costs about 3.2 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $73,480 a year. That is $35 an hour at a full-time job.

Is rent cheaper than other Illinois cities?

No. Rent here is more expensive than in most of Illinois. It is number 239 of 334 cities from cheapest to most expensive.

Edwardsville
$1,837
Lockport
$1,599
Granite City
$697
Chicago Heights
$1,043
Oak Forest
$1,210
Woodstock
$1,401
Vernon Hills
$2,695

How much do households earn in Edwardsville?

Under $25k
13.3%
$25k–50k
14.4%
$50k–100k
31.0%
$100k–150k
19.2%
$150k+
17.9%

Share of households by yearly income. 37.2% of households earn $100,000 or more.

Rent by apartment size in Edwardsville

SizeEdwardsvilleU.S. average
1 bedroom$986$1,324
2 bedrooms$1,458$1,509
3 bedrooms$1,932$1,698
4 bedrooms$1,005$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Edwardsville overall?

Everyday prices in Illinois overall are same as the U.S. average (index 100.0, U.S. = 100).

Housing
94
Goods (food, clothes…)
104
Utilities
85
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Edwardsville, so the Illinois figure is shown.

Taxes and bills in Edwardsville

🏛️ Property tax$5,518a year · 1.84% of home value · U.S. $3,119
⚡ Electric bill$203a month (typical) · U.S. $156

Life in Edwardsville

Commute to work22.8 minU.S.: 26.4 min
College degree52.6%U.S.: 35.7%
Own their home66.6%U.S.: 65.2%
Below poverty line11.6%U.S.: 12.5%
Unemployment4.6%U.S.: 5.2%

Is it cheaper to rent or buy in Edwardsville?

Renting is cheaper right now: about $243 a month less.

Renting
$1,837
Owning
$2,080

Owning assumes a typical $299,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $29,980 for the down payment.

Frequently asked questions

What is the average rent in Edwardsville, IL?

Renting in Edwardsville costs a median of about $1,837 a month in 2026, including utilities. The Illinois median is $1,517.

How much do I need to make to live in Edwardsville?

To keep rent under 30% of income, you need about $73,480 a year, or $35 an hour at a full-time job.

Is Edwardsville cheap or expensive?

Edwardsville is rated OK: rent takes 23.6% of the typical household income of $93,529. It ranks 239th cheapest of 334 Illinois cities we track.

How much are property taxes in Edwardsville?

The median homeowner in Edwardsville pays $5,518 a year in property taxes, about 1.84% of the median home value.

Is Edwardsville more expensive than the national average?

Overall prices in Illinois are same as the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Edwardsville?

The median home value in Edwardsville is $299,800, about 3.2 times the typical yearly household income.

26,474 people live in Edwardsville. Numbers are typical (middle) values.