Rent Tracker
Rent Inflation in Quincy, IL
The average asking rent in Quincy, IL is $1,126/month as of 2026-08. That is +11.2% compared to a year ago.
Source: Zillow Observed Rent Index (ZORI) | zillow.com/research
Current Avg Rent
$1,126/mo
as of 2026-08
Year-over-Year Change
+11.2%
24-Month Rent Trend
Monthly ZORI index values for Quincy, IL.
| Month | Avg Asking Rent | Change from Prior Month |
|---|---|---|
| 2026-08 | $1,126 | +0.81% |
| 2026-07 | $1,117 | +2.38% |
| 2026-06 | $1,091 | +3.61% |
| 2026-05 | $1,053 | -1.22% |
| 2026-04 | $1,066 | -1.02% |
| 2026-03 | $1,077 | +0.94% |
| 2026-02 | $1,067 | +1.52% |
| 2026-01 | $1,051 | -1.68% |
| 2025-12 | $1,069 | -1.29% |
| 2025-11 | $1,083 | +3.34% |
| 2025-10 | $1,048 | +3.35% |
| 2025-09 | $1,014 | +0.10% |
| 2025-08 | $1,013 | -2.50% |
| 2025-07 | $1,039 | -0.29% |
| 2025-06 | $1,042 | +3.07% |
| 2025-05 | $1,011 | +2.74% |
| 2025-04 | $984 | +0.10% |
| 2025-03 | $983 | +2.72% |
| 2025-02 | $957 | +0.84% |
| 2025-01 | $949 | +1.93% |
| 2024-12 | $931 | -1.27% |
| 2024-11 | $943 | -2.28% |
| 2024-10 | $965 | +0.73% |
| 2024-09 | $958 | — |
Why Rent Inflation Matters
Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.
When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.
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Data Source
Rent data uses the Zillow Observed Rent Index (ZORI), a smoothed measure of typical market-rate asking rents updated monthly by Zillow Research. ZORI covers single-family homes, condos, and co-ops and reflects asking rents for new leases — making it a more timely indicator than the lagged BLS shelter index. zillow.com/research | Money & Prices