Waterman, IL rental market

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Last updated August 29, 2025

Rental market summary

The average rent for all bedrooms and all property types in Waterman, IL is $300.

Average rent

$300

Month-over-month change

-$675

Year-over-year change

-$450

Available rentals

2

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $300 to $795.

Rent frequencies
Rent priceNumber of rental properties
$01
$700+1

Average rent price over time

In the last year, rent has decreased by $450 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$534$1,095
Feb$950$975
Mar$950$975
Apr$995$975
Jul$750$975
Aug$750$975
Sep$750No data
Oct$1,300No data
Nov$2,735No data
Dec$1,095No data

Market temperature

The Waterman, IL rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Waterman, IL is 86% lower than the national average.

Waterman, ILvs.

$300

$2,100

Rent in Waterman, IL

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Frequently asked questions

1. What is the average rent in Waterman, IL?

The average rent in Waterman, IL is $300.

2. How much does it cost to rent a house in Waterman, IL?

Houses in Waterman, IL rent between $300 - $795 with an average rent of $300.

3. How has the rent in Waterman, IL changed in the last year?

In the last year, the rent in Waterman, IL decreased by $450

4. How much has the rent in Waterman, IL increased/decreased in the last month?

In the last month, the rent in Waterman, IL decreased by $675

5. How many available rentals are there in Waterman, IL?

There are currently 2 rentals available in Waterman, IL.

6. How do rent prices in Waterman, IL compare with the national average?

The average rent in Waterman, IL is $300 — 85.71% lower the national average of $2,100.