Apartments in 60431

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$2,095
Joliet, IL
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$2,195
Joliet, IL
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How much does it cost to rent an apartment in 60431?

60431 apartments
Bed Type Average Rent Range
1BR $1,900 $1,900 - $2,000
2BR $2,250 $2,000 - $2,530
3BR $2,700 $2,500 - $2,900
Find an Apartment in 60431
Looking for apartments for rent in 60431 Joliet, IL? Rentable provides rental information for the 60431 zip code. Currently, there are 35 units available for rent in this area. The average rent in 60431 is $2,200, with 1-bedroom units starting at $1,895.

If you're considering moving to this area, there are several nearby points of interest and community amenities to enjoy. Some of the nearby parks include West Park, Ottawa Street Park, and Rock Run Preserve. These parks offer opportunities for outdoor activities, such as walking trails, playgrounds, and picnic areas.

In addition to parks, the 60431 zip code is also home to various community amenities. These amenities include shopping centers, restaurants, and entertainment options, providing convenience and entertainment for residents.

Whether you're looking for a studio, one-bedroom, or multiple-bedroom apartment, there are options available for you in the 60431 zip code. Explore Rentable's apartments near 60431 and find the perfect place to call home in Joliet, IL.

Joliet:
November Rent Report

Welcome to the November 2024 Joliet 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 Joliet rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Joliet 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 Joliet average rent prices in the chart below.

Monthly Rent Report

$2,100
$1,580
$1,050
$530
$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

Joliet Rent Prices Increase From October to November

Joliet rent prices increased over the last month. From October to November, the city experienced a 7.32% increase for the price of a one-bedroom apartment. The rent price for a Joliet one-bedroom apartments currently stands at $1,261.0.

When we take a look at the two-bedroom comparison from October to November, Joliet experienced a -6.09% decrease for the price of a two-bedroom apartment. The rent price for a Joliet two-bedroom apartments currently stands at $1,728.0.

November Prices: Joliet vs. Surrounding Areas

Rent Prices in Joliet and Surrounding Areas

Rent prices have increased in Joliet over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Joliet suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Joliet suburbs

  • Rents did not decrease in any of the Joliet suburbs.

November 2024 Pricing Trends: Joliet 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

Joliet Rent Prices More Affordable Than Major Cities

Rent growth in Joliet 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, Joliet average rent prices appear to be relatively affordable for local residents.

The price for a Joliet 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 Joliet and surrounding area rent prices, take a look at the complete data set below.

Data set for Joliet and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change

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.