Montgomery, Illinois is a part of the Aurora/Naperville Submarket submarket area, and contains zip code 60538.
The 2019 average effective rent for Class A, B, and C apartments in the Montgomery, IL submarket area was $1,344, which is 13.32% higher than 2014 average rent. This represents a compounded annual growth rate of 2.53%. 2019 vacancy in Montgomery, IL was 4.90%.
The total population of the city of Montgomery, IL has grown 7.11% since 2010. As of 2018, the population was 19,749. The median household income of the Montgomery was $86,407, which is 43.31% higher than the national average.
Submarket Area
Avg Rent
Rent Growth
Vacancy
Median Income
Population (2018)
Population Growth
Vs. Nat’l Avg
Zip Codes
Aurora / Naperville Submarket
$1,344
13.32%
4.90%
$86,407
19,749
7.11%
43.31%
60538
Submarket Area Aurora / Naperville Submarket
Avg Rent $1,344
Rent Growth 13.32%
Vacancy 4.90%
Median Income $86,407
Population (2018) 19,749
Population Growth 7.11%
Vs. Nat’l Avg 43.31%
Zip Codes 60538
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By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE.By submitting this form, you agree to receive personalized information. Your information is encrypted, anonymized, and will never be shared.
By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE.By submitting this form, you agree to receive personalized information. Your information is encrypted, anonymized, and will never be shared.
By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE.By submitting this form, you agree to receive personalized information. Your information is encrypted, anonymized, and will never be shared.
By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE. By submitting this form, you agree to receive personalized information. Your information is encrypted, anonymized, and will never be shared.