Average Rent in 60527, Burr Ridge, IL

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Current Versus Historical 60527, Burr Ridge, IL Rents

60527 rentals average $1,813 for a 1-bedroom rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $2,075, or roughly $2 per square feet.
For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $8 (-61.54%) year-over-year from $13 to $5. 1-bedroom rentals prices have increased by $198 (12.14%) year-over-year from $1,628 to $1,825. 2-bedroom rentals prices have increased by $142 (6.84%) year-over-year from $2,076 to $2,218. 3-bedroom rentals prices have decreased by $171 (-6.28%) year-over-year from $2,721 to $2,550. 4-bedroom rentals prices have increased by $21,101 (541.11%) year-over-year from $3,900 to $25,000. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 19.46% this month. 1-bedroom rents have gone up by 4.74% this month. 2-bedroom rents have gone up by 3.48% this month. 3-bedroom rents have gone down by 1.61% this month. 4-bedroom rents have gone up by 14.50% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $2.57 $1,825 $1,628 (12.14%) $1,499 (21.79%)
2 BR $2.29 $2,218 $2,076 (6.84%) $1,535 (44.46%)
3 BR $1.77 $2,550 $2,721 (-6.28%) $2,192 (16.35%)

Historical Rents in 60527, Burr Ridge, IL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 60527



Let's compare 60527, Burr Ridge, IL's rent against other top cities nearby by bedroom size.
City Studio 1 Bed 2 Bed All

Top Neighborhoods Near 60527



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near 60527

The average rent for rentals in these counties is $2,198. That's roughly around $2 per sqft. The county that is the most affordable is Downers Grove, IL. It's average rent per month is $2,198. Vice versa, with an average rent of $2,198, Downers Grove, IL is the most expensive county by 60527, Burr Ridge, IL.

In comparison, rent for one bedroom listings in 60527, Burr Ridge, IL is 0.86% more expensive than other counties nearby. Finally, rent for two bedrooms in 60527, Burr Ridge, IL is 0.45% more affordable than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Downers Grove, IL N/A $1,797 $2,218 $2,198

Top Zipcodes Near 60527



You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All

Frequently Asked Questions - 60527 Average Rents

What is the average rent price in 60527, Burr Ridge, IL?
The average monthly rental price for 60527, Burr Ridge, IL apartments for rent is approximately $2,075. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 60527, Burr Ridge, IL rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 60527, Burr Ridge, IL.
How much is a studio apartment in 60527, Burr Ridge, IL?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in 60527.
How much is a one bedroom apartment in 60527, Burr Ridge, IL?
The average monthly rental price for one bedroom apartments is $1,813 and an average price per square feet of $2.57. There are a total of 16 one bedroom apartment listings currently available for rent in 60527.
How much is a two bedroom apartment in 60527, Burr Ridge, IL?
The average monthly rental price for two bedroom apartments is $2,208 and an average price per square feet of $2.29. There are a total of 18 two bedroom apartment listings currently available for rent in 60527.
How have rent prices in 60527, Burr Ridge, IL changed this year?
Rent prices for rentals in 60527, Burr Ridge, IL can fluctuate yearly. Specifically, studio rental prices have changed by -0.62%, one bedroom rental prices have changed by 0.12%, two bedroom rental prices have changed by 0.07%, and three bedroom rental prices have changed by -0.06% year-over-year.
What is a reasonable rent price in 60527, Burr Ridge, IL?
A reasonable rent price in 60527, Burr Ridge, IL is around $1,660/month. You can search for these reasonably priced rental listings on RentHop.
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