States › Illinois › Itasca

Is Itasca, IL expensive to live in?

CheapRent takes 20 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,00614% higher than U.S. average
💵 Families earn per year (2026)$123,266about $10,272/month · 42% higher than U.S. average
🔑 House price$390,80017% higher than U.S. average

Rent is higher than in 69% 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 $80,240 a year. That is $39 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 271 of 334 cities from cheapest to most expensive.

Itasca
$2,006
$2,393
$1,284
$1,093
$1,156

How much do households earn in Itasca?

Under $25k
3.0%
$25k–50k
10.8%
$50k–100k
41.0%
$100k–150k
24.2%
$150k+
20.5%

Share of households by yearly income. 44.7% of households earn $100,000 or more.

Rent by apartment size in Itasca

SizeItascaU.S. average
Studio$2,506$1,338
1 bedroom$2,024$1,324
2 bedrooms$2,013$1,509
3 bedrooms$2,148$1,698

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

How expensive is Itasca 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 Itasca, so the Illinois figure is shown.

Taxes and bills in Itasca

🏛️ Property tax$8,071a year · 2.07% of home value · U.S. $3,119
⚡ Electric bill$100a month (typical) · U.S. $156

Life in Itasca

Commute to work25.9 minU.S.: 26.4 min
College degree52.9%U.S.: 35.7%
Own their home69.3%U.S.: 65.2%
Below poverty line2%U.S.: 12.5%
Unemployment2.6%U.S.: 5.2%

Is it cheaper to rent or buy in Itasca?

Renting is cheaper right now: about $706 a month less.

Renting
$2,006
Owning
$2,712

Owning assumes a typical $390,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $39,080 for the down payment.

Frequently asked questions

What is the average rent in Itasca, IL?

Renting in Itasca costs a median of about $2,006 a month in 2026, including utilities. The Illinois median is $1,517.

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

To keep rent under 30% of income, you need about $80,240 a year, or $39 an hour at a full-time job.

Is Itasca cheap or expensive?

Itasca is rated Cheap: rent takes 19.5% of the typical household income of $123,266. It ranks 271st cheapest of 334 Illinois cities we track.

How much are property taxes in Itasca?

The median homeowner in Itasca pays $8,071 a year in property taxes, about 2.07% of the median home value.

Is Itasca 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 Itasca?

The median home value in Itasca is $390,800, about 3.2 times the typical yearly household income.

9,355 people live in Itasca. Numbers are typical (middle) values.