Long-term Rental Rates — August 2026 · ZIPs: 62040,62234
Local market data by Estaite
As of August 2026, rental prices in Collinsville / Granite City, IL range from $843 to $2,243 per month depending on property type and bedroom count.
The biggest year-over-year change was a -12.45% decrease for single-family 3BR properties in Collinsville / Granite City, IL.
For 2-bedroom units, condos/townhomes have a median rent of $1,294 while apartments are at $1,109.
What is the current rent range in Collinsville / Granite City, IL for August 2026?
In Collinsville / Granite City, IL as of August 2026, rents range from $843 per month for a 1BR apartment up to $2,243 per month for a 4BR condo/townhome.
What is the price difference between apartments and condos for the same bedroom count in Collinsville / Granite City, IL?
For 2BR units, condos/townhomes command a $185 premium over apartments, with condos/townhomes at $1,294 and apartments at $1,109 as of August 2026.
How do apartment rents compare to single-family rents for the same bedroom counts in Collinsville / Granite City, IL?
Looking at 3BR units in August 2026, apartments are priced at $1,657 while single-family homes rent for $1,402, meaning apartments are $255 higher for this bedroom count.
In Collinsville / Granite City, IL, which bedroom count sees one property type dramatically ahead of the others in rent?
For 3BR units as of August 2026, condos/townhomes have the highest median rent at $1,855, outpacing both apartments at $1,657 and single-family homes at $1,402.
Collinsville / Granite City, IL
August 2026
62040,62234
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$809 – $876
-11.43%
-9.85%
2-Bedroom
$1,076 – $1,142
-4.17%
1.36%
3-Bedroom
$1,604 – $1,710
-5.53%
-3.68%
4-Bedroom
$2,088 – $2,171
-0.47%
2.22%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,105 – $1,155
0.48%
3.98%
2-Bedroom
$1,275 – $1,314
0.96%
2.40%
3-Bedroom
$1,808 – $1,901
-0.32%
1.13%
4-Bedroom
$2,197 – $2,295
0.49%
1.59%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,130 – $1,181
-6.95%
-4.67%
2-Bedroom
$1,185 – $1,238
-4.38%
-4.89%
3-Bedroom
$1,360 – $1,444
-11.97%
-12.45%
4-Bedroom
$2,019 – $2,153
4.55%
5.17%
Data updated: October 3, 2026
Collinsville / Granite City Rental Trends
In the Collinsville / Granite City (62040, 62234) rental market, 1-bedroom apartments dropped to $843, representing an 11.4% decrease month-over-month and a 9.8% decline year-over-year. These results underscore notable downward pressure on entry-level apartment pricing in Collinsville / Granite City (62040, 62234).
Rental pricing for 4-bedroom single-family homes in Collinsville / Granite City (62040, 62234) climbed to $2,086 with a 4.6% rise month-over-month and a 5.2% annual gain. This segment shows the strongest growth rate among all property and bedroom types in the area.
With 1-bedroom condo/townhome median rent at $1,130, Collinsville / Granite City (62040, 62234) rental trends indicate a $287 premium over the 1-bedroom apartment segment, which stood at $843. Condos saw a 3.98% YoY increase, while apartments experienced a notable decline.