Apartments in West Elsdon Chicago

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10
$865 - 895
6306 S Fairfield Ave Chicago, IL
1 BR | Available Now
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Chicago Lawn
11
$735
6230 S Artesian Ave Chicago, IL
Studio | Available Now
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Chicago Lawn
6
$1,075
Chicago, IL
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
Chicago Lawn
5
$1,995
4736-42 W 65th St Chicago, IL
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Clearing
0
$1,995 - 2,050
4737-43 W 65th St Chicago, IL
1 BR | Available Now
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Clearing
0
$1,475 - 2,010
Chicago, IL
2 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Chicago Lawn
0
$2,400
5316 W 51st St Chicago, IL
3 BR | Available Now
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Cat Friendly
House
30
$2,500
Chicago, IL
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
Clearing
19
$1,850
6315 S California Ave Chicago, IL
3 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Chicago Lawn
$1,850
Chicago, IL
3 BR | Available Now
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House
Clearing
3
$950 - 1,100
3000 - 3030 W Marquette Rd. 6648 - 6657 - 6648 - 6657 Sacramento Ave Chicago, IL 60629 Chicago, IL
1 - 2 BR | Available Now
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Chicago Lawn
6
$1,325
Chicago, IL
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
Chicago Lawn
10
$1,500
Chicago, IL
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Brighton Park
10
$1,495
Chicago, IL
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Dishwasher
7
$995
2453-2455 W Marquette Rd 6705-6711 S Campbell Ave Chicago, IL
1 BR | Available Now
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Dog Friendly
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Disability Access
Chicago Lawn
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Chicago:
November Rent Report

Welcome to the November 2024 Chicago Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Chicago rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Chicago and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Chicago average rent prices in the chart below.

Monthly Rent Report

$2,350
$1,760
$1,180
$590
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Chicago Rent Prices Increase From October to November

Chicago rent prices increased over the last month. From October to November, the city experienced a 0.9% increase for the price of a one-bedroom apartment. The rent price for a Chicago one-bedroom apartments currently stands at $1,903.0.

When we take a look at the two-bedroom comparison from October to November, Chicago experienced a 0.19% increase for the price of a two-bedroom apartment. The rent price for a Chicago two-bedroom apartments currently stands at $2,139.0.

November Prices: Chicago vs. Surrounding Areas

Schaumburg, IL
Des Plaines, IL
Chicago, IL
Evanston, IL
Downers Grove, IL
Naperville, IL
Arlington Heights, IL
Oak Park, IL
$2,035
$1,935
$1,886
$1,785
$1,568
$1,420
$1,377
$1,341
$0
$700
$1,400
$2,100
$2,800
Median 1 BR Rent

Rent Prices in Chicago and Surrounding Areas

Rent prices have increased in Chicago over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 4 of the Chicago suburbs increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Oak Park, IL, Evanston, IL, Schaumburg, IL, Des Plaines, IL .

  • Rent decreased in Naperville, IL, Arlington Heights, IL, Downers Grove, IL.

  • 2 suburbs are currently priced higher than the city of Chicago.

  • 5 suburbs are currently priced lower than the city of Chicago.

November 2024 Pricing Trends: Chicago vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Chicago Rent Prices More Affordable Than Major Cities

Rent growth in Chicago over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Chicago average rent prices appear to be relatively affordable for local residents.

The price for a Chicago one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Chicago and surrounding area rent prices, take a look at the complete data set below.

Data set for Chicago and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change
Chicago, IL $1,886.0 1.29% $2,135.0 0.95%
Oak Park, IL $1,341.0 1.13% $2,010.0 7.83%
Evanston, IL $1,785.0 1.36% $2,270.0 3.70%
Naperville, IL $1,420.0 -1.11% $1,832.0 0.77%
Arlington Heights, IL $1,377.0 -1.08% $1,935.0 1.95%
Schaumburg, IL $2,035.0 0.94% $2,488.0 2.26%
Des Plaines, IL $1,935.0 0.62% $2,365.0 1.98%
Downers Grove, IL $1,568.0 -0.89% $1,790.0 0.85%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.