How many apartments are available in 60538 on Rentable.co?

Rentable.co has 3 apartments available for rent in 60538.

What is the average rent for an apartment in 60538?

The average rent for an apartment in 60538 is around $1,800 per month.

What is the average rent for a two-bedroom apartment in 60538?

The average rent for a two-bedroom apartment in 60538 is around $1,986 per month.

What is the average rent for a one-bedroom apartment in 60538?

The average rent for a one-bedroom apartment in 60538 is around $1,720 per month.

Apartments in 60538

Montgomery:
December Rent Report

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

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

Monthly Rent Report

$2,500

$1,880

$1,250

$630

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

Jun. 2024

Jul. 2024

Aug. 2024

Sep. 2024

Oct. 2024

Nov. 2024

Dec. 2024

1 BR 2 BR

Montgomery Rent Prices Increase From November to December

Montgomery rent prices increased over the last month. From November to December, the city experienced a 5.06% increase for the price of a one-bedroom apartment. The rent price for a Montgomery one-bedroom apartments currently stands at $1,953.0.

When we take a look at the two-bedroom comparison from November to December, Montgomery experienced a -1.95% decrease for the price of a two-bedroom apartment. The rent price for a Montgomery two-bedroom apartments currently stands at $2,257.0.

December Prices: Montgomery vs. Surrounding Areas

Rent Prices in Montgomery and Surrounding Areas

Rent prices have increased in Montgomery 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 Montgomery 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 Montgomery suburbs
Rents did not decrease in any of the Montgomery suburbs.

December 2024 Pricing Trends: Montgomery vs. National Comparisons

New York, NY

San Francisco, CA

Los Angeles, CA

Washington, DC

Chicago, IL

Columbus, OH

Minneapolis, MN

Pittsburgh, PA

$4,134

$3,160

$2,389

$2,353

$1,914

$1,318

$1,255

$1,234

$1,350

$2,700

$4,050

$5,400

Median Rent

Montgomery Rent Prices More Affordable Than Major Cities

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

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

Data set for Montgomery and suburbs

	1 BR December	1 BR M/M % Change	2 BR December	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.