A free resource by NextGen Coastal — monthly OC rental market intelligence

Comparing Springfield vs Waukegan vs Bloomington vs Urbana

Live from the NGP-Rental-Data warehouse. Pick 2 to 4 cities and see them side by side.

Cities to compare (2 to 4)

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Headline numbers

Springfield

IL

$1,158

YoY change
+5.9%
Vacancy
11.8%
2-BR rent
Cap rate
Renter share
35.7%

Waukegan

IL

$1,548

YoY change
+4.0%
Vacancy
1.9%
2-BR rent
Cap rate
Renter share
49.8%

Bloomington

IL

$1,353

YoY change
+3.6%
Vacancy
6.0%
2-BR rent
Cap rate
Renter share
38.1%

Urbana

IL

$1,389

YoY change
+4.3%
Vacancy
10.3%
2-BR rent
Cap rate
Renter share
62.7%

All values from the NGP-Rental-Data warehouse. Updated March 2026. See methodology.

Rent index — overlaid, last 5 years

ZORI rent index — Springfield vs Waukegan vs Bloomington vs Urbana

Monthly Zillow ZORI rent index. Data updates monthly. Source: methodology.

Demographics & income

Metric SpringfieldWaukeganBloomingtonUrbana
Median household income $66,064$71,919$77,384$45,346
Median age 4135.536.226.1
Renter household share 35.7%49.8%38.1%62.7%
YoY rent change +5.9%+4.0%+3.6%+4.3%
Cap rate (overall)
$/unit (MFR)

Demographics: Census ACS5 2019-2024. Rent & cap rate: NGP-Rental-Data warehouse (see methodology). Cells marked "—" mean the metric isn't available for that geography in any free public source we ingest.