Downers Grove, Illinois Short-Term Rental Market
Downers Grove STRs averaged $184/night at 62.7% occupancy in April 2026 across 16,351 active listings.
Quick Answer: Downers Grove, Illinois is an active short-term rental market. average occupancy in the Chicago market area is 76%. average monthly revenue in the Chicago market area is $5,293. average daily rate in the Chicago market area is $260. the top operator in the Chicago market area is Blueground with 681 listings. market score is 71/100 (grade B).
Market data reflects the Chicago regional market, which includes Downers Grove. Regulations, taxes, and permit details below are specific to Downers Grove.
Market Score Breakdown
Five dimensions StaySTRA evaluates per market.
Market Overview
Downers Grove, Illinois sits roughly 22 miles west of downtown Chicago in DuPage County, positioning it as one of the Chicago metro’s more active suburban short-term rental markets. As of April 2026, the market logged an average daily rate of $184 and an occupancy rate of 62.7%, generating a RevPAR of $115. Active listings total 16,351 across all channels, with Airbnb dominating at approximately 9,810 Airbnb-only listings versus 801 VRBO-only, plus 5,740 listed on both platforms.
By listing type, entire-place rentals account for 13,082 units (80% of supply), private rooms add 3,232 (20%), and shared rooms are a negligible 37. The bedroom mix skews toward smaller units: 1-bedroom listings lead with 6,921, followed by 2-bedroom (4,255), 3-bedroom (2,991), 4-bedroom (1,413), and 5-bedroom-plus (718). This concentration in 1- and 2-bedroom units reflects the suburban multifamily stock and extended-stay demand common to corporate-corridor markets.
Year-over-year trends through April 2026 show modest but positive momentum: occupancy grew 3.3 percentage points, ADR edged up 0.15%, and revenue rose 5.8%. The market’s overall score of 70.7 out of 100 is anchored by a notably high rental demand score of 84.9, pointing to consistent booking pressure driven by corporate travelers, proximity to I-88 and I-355 business corridors, and the walkable historic downtown.
Seasonal Patterns
| Month | Occupancy |
|---|---|
| Jan | 48% |
| Feb | 56% |
| Mar | 62% |
| Apr | 61% |
| May | 69% |
| Jun | 73% |
| Jul | 72% |
| Aug | 68% |
| Sep | 66% |
| Oct | 64% |
| Nov | 56% |
| Dec | 55% |
Month-by-month nightly rates and revenue figures for Downers Grove are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Top Short-Term Rental Operators in Chicago market area
Ranked by total active listings. Useful for understanding the competitive landscape. Operator data is published for the Chicago market as a whole, which includes Downers Grove, so these counts are not Downers Grove-only figures.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Blueground | 681 | 286 | ★ 4.33 |
| 2 | Luxury Lili Stays | 189 | 9,607 | ★ 4.63 |
| 3 | Kasa Properties | 156 | 7,809 | ★ 4.71 |
| 4 | Slumber Stay | 134 | 7,930 | ★ 4.56 |
| 5 | Evolve | 126 | 2,725 | ★ 4.36 |
What Kind of STR Should I Buy in Downers Grove?
Revenue and nightly-rate breakdowns by bedroom count, property tier, and dwelling type for Downers Grove are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 60% |
| vrbo | 4.9% |
| both | 35.1% |
Home Value Trends (Downers Grove)
Typical home values, median sale prices, and the 10-year price trend for Downers Grove are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Booking Insights
Booking-window and length-of-stay analysis for Downers Grove — how far ahead guests book and how to price around it — is available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Short-Term Rental Regulations
Downers Grove permits short-term rentals, but the approval process is substantive. Permit filings go through the Community Development Department (630-434-5515 or Village Hall 630-434-5500). Hosts who have completed the process report a multi-month timeline involving paperwork and an in-person property inspection, indicating that local zoning review and a use approval component are part of the workflow.
The Village levies a local lodging (accommodations) tax of 5.5% on transient rentals. Illinois also imposes a state Hotel Operators’ Occupation Tax and standard sales taxes on top of the local rate, so investors should calculate a blended tax burden when modeling net revenue.
Specific details that were not confirmed in primary sources and should be verified directly with the Village before listing: permit fee amount, annual renewal period, owner-occupancy or primary-residence requirements, annual night caps, and the precise zoning districts where STRs are permitted as-of-right versus requiring a special-use permit. Enforcement is rated moderate. Given the inspection requirement and multi-month approval timeline, operators should factor permitting lead time into any acquisition-to-launch schedule.
Market Comparison
Downers Grove’s 62.7% occupancy sits above the approximate U.S. STR median of 55%, a reflection of steady corporate-driven demand that smooths the volatility seen in pure leisure markets. The $184 ADR is below the U.S. median of roughly $220, consistent with suburban markets where midscale and extended-stay demand anchors rates below resort or urban-core levels.
Within the Chicago metro, Downers Grove’s STR market is unusually large at 16,351 listings, reflecting its density as a corporate office hub (several Fortune 500 headquarters operate nearby) and its well-connected highway and Metra rail access. The market’s rental demand score of 84.9 out of 100 is a standout metric, indicating booking demand consistently outpaces available supply relative to peer markets.
On operator concentration, Blueground leads with 681 listings and a 4.3-star average rating, followed by Luxury Lili Stays (189 listings, 4.6 stars), Kasa Properties (156 listings, 4.7 stars), Slumber Stay (134 listings, 4.6 stars), and Evolve (126 listings, 4.4 stars). The top 5 operators collectively manage approximately 1,286 listings, representing about 7.9% of the total market. The market is highly fragmented, meaning independent operators still hold the majority of supply, and professional management differentiation remains a viable competitive edge.
Frequently Asked Questions About Downers Grove, Illinois
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Are short-term rentals permitted in Downers Grove, Illinois?
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