Average Rent in Englewood, Chicago, IL

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Current Versus Historical Englewood, Chicago, IL Rents

Englewood rentals average $1,263 for a 2-bedroom rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $1,475, or roughly $1 per square feet.
For the apartment units and housing in April 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $83 (-7.35%) year-over-year from $1,133 to $1,050. 1-bedroom rentals prices have decreased by $168 (-18.84%) year-over-year from $893 to $725. 2-bedroom rentals prices have decreased by $17 (-1.43%) year-over-year from $1,167 to $1,150. 3-bedroom rentals prices have increased by $197 (15.09%) year-over-year from $1,303 to $1,500. 4-bedroom rentals prices have increased by $567 (36.96%) year-over-year from $1,533 to $2,100. 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 up by 3.28% this month. 1-bedroom rents have gone down by 6.95% this month. 2-bedroom rents have gone down by 3.16% this month. 3-bedroom rents have gone up by 10.09% this month. 4-bedroom rents have gone up by 5.00% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
2 BR $1.35 $1,150 $1,167 (-1.43%) $1,033 (11.36%)
3 BR $1.27 $1,500 $1,303 (15.09%) $1,200 (25.00%)

Historical Rents in Englewood, Chicago, IL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Englewood

There are a total of 6 cities nearby Englewood. The average rent in Englewood is currently $2,225 per month. Our records show that Evanston, IL, with an average rent of $1,955, is the most affordable city nearby. In contrast, the most expensive city near Englewood, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,850 per month.

Let's compare Englewood, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about inf% more affordable. Two bedrooms in Englewood, Chicago, IL are about 78.22% more affordable. Finally, rent for three bedrooms are about 77.31% more affordable. Want more information? Check out the top 6 cities near Englewood, Chicago, IL in the following chart.
City Studio 1 Bed 2 Bed All
Evanston, IL $1,185 $1,650 $2,150 $1,955
Chicago, IL $1,350 $1,790 $2,300 $2,035
Schaumburg, IL N/A $1,995 $2,350 $2,100
Wheaton, IL N/A $1,965 $2,350 $2,350
Aurora, IL N/A $1,300 $2,000 $2,373
Naperville, IL N/A $1,650 $2,200 $2,850

Top Neighborhoods Near Englewood

There are a total of 13 neighborhoods in or near Englewood. Some of these neighborhoods include Edgewater, Uptown, and Rogers Park. We've included all of these top 13 neighborhoods in or near Englewood, Chicago, IL in the following chart.

The average rent for these 13 neighborhoods in or near Englewood, Chicago, IL is currently around $1,850 per month. Meaning, only thirteen neighborhoods have a higher average rent than $1,850. Interestingly, the neighborhoods' average rent is higher than Englewood's average rent, which is only $1,475. Out of all the neighborhoods in or near Englewood, Edgewater has the most affordable average rent at $1,550 per month. Whereas, at $2,809 average rent per month, South Loop is the most expensive neighborhood in or near Englewood. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Edgewater, Chicago, IL $1,120 $1,550 $2,200 $1,550
Uptown, Chicago, IL $1,100 $1,600 $2,595 $1,600
Rogers Park, Chicago, IL $1,125 $1,375 $1,850 $1,600
Ravenswood, Chicago, IL $1,210 $1,595 $2,650 $1,648
West Rogers Park, Chicago, IL $1,200 $1,350 $1,800 $1,698
Albany Park, Chicago, IL $1,048 $1,420 $1,925 $1,800
Lincoln Park, Chicago, IL $1,390 $1,875 $2,795 $1,850
Logan Square, Chicago, IL $1,250 $1,795 $2,000 $1,895
Lakeview, Chicago, IL $1,345 $1,895 $2,590 $2,095
Hyde Park, Chicago, IL $1,250 $1,695 $1,899 $2,325
DePaul, Chicago, IL $1,665 $2,290 $2,400 $2,395
Near North Side, Chicago, IL $1,855 $2,399 $3,500 $2,569
South Loop, Chicago, IL $1,575 $2,248 $3,000 $2,809

Top Counties Near Englewood

There are a total of 13 counties located by Englewood, Chicago, IL. Some of these counties include Evanston, IL, Chicago, IL, and Schaumburg, IL. The average rent for rentals in these counties is $2,141. That's roughly around $2 per sqft. The county that is the most affordable is Evanston, IL. It's average rent per month is $1,955. Vice versa, with an average rent of $2,700, Naperville, IL is the most expensive county by Englewood, Chicago, IL.

In comparison, rent for one bedroom listings in Englewood, Chicago, IL is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in Englewood, Chicago, IL is 78.22% more affordable than other counties nearby. We've listed the top 6 counties in the chart below.
County Studio 1 Bed 2 Bed All
Evanston, IL $1,185 $1,650 $2,150 $1,955
Chicago, IL $1,350 $1,790 $2,300 $2,035
Schaumburg, IL N/A $1,995 $2,350 $2,093
Downers Grove, IL N/A $1,828 $2,200 $2,188
Milton, IL N/A $1,965 $2,320 $2,350
Naperville, IL N/A $1,663 $2,200 $2,700

Top Zipcodes Near Englewood

There are a total of 20 zipcodes in or near Englewood, Chicago, IL. The average rent for all of these zipcodes is $2,030.

The following chart includes the top 10 zipcodes in Englewood, Chicago, IL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
60615, Chicago, IL $1,275 $1,698 $1,912 $2,195
60608, Chicago, IL N/A $1,375 $1,850 $2,013
60654, Chicago, IL $1,945 $2,500 $3,500 $2,500
60611, Chicago, IL $1,798 $2,305 $3,667 $2,725
60610, Chicago, IL $1,855 $2,300 $3,450 $2,650
60642, Chicago, IL $1,929 $2,300 $2,850 $2,700
60622, Chicago, IL $1,893 $2,100 $2,438 $2,438
60647, Chicago, IL $1,250 $1,845 $2,123 $2,000
60614, Chicago, IL $1,660 $2,295 $2,873 $2,390
60657, Chicago, IL $1,345 $1,900 $2,625 $2,077

Frequently Asked Questions - Englewood Average Rents

What is the average rent price in Englewood, Chicago, IL?
The average monthly rental price for Englewood, Chicago, IL apartments for rent is approximately $1,475. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Englewood, Chicago, 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 Englewood, Chicago, IL.
How much is a studio apartment in Englewood, Chicago, 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 Englewood.
How much is a one bedroom apartment in Englewood, Chicago, IL?
The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 0 one bedroom apartment listings currently available for rent in Englewood.
How much is a two bedroom apartment in Englewood, Chicago, IL?
The average monthly rental price for two bedroom apartments is $1,263 and an average price per square feet of $1.35. There are a total of 4 two bedroom apartment listings currently available for rent in Englewood.
How have rent prices in Englewood, Chicago, IL changed this year?
Rent prices for rentals in Englewood, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by -0.07%, one bedroom rental prices have changed by -0.19%, two bedroom rental prices have changed by -0.01%, and three bedroom rental prices have changed by 0.15% year-over-year.
What is a reasonable rent price in Englewood, Chicago, IL?
A reasonable rent price in Englewood, Chicago, IL is around $1,180/month. You can search for these reasonably priced rental listings on RentHop.
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