Average Rent in Englewood, Chicago, IL

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Current Versus Historical Englewood, Chicago, IL Rents

Englewood rentals average $0 for a studio rental to $1,600 for a 4-bedroom rental. The median price of all currently available listings is $1,300, or roughly $14 per square feet.
For the apartment units and housing in May 2023, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $647 (1,230.24%) year-over-year from $53 to $700. 1-bedroom rentals prices have decreased by $670 (-45.59%) year-over-year from $1,470 to $800. 2-bedroom rentals prices have decreased by $23 (-2.08%) year-over-year from $1,123 to $1,100. 3-bedroom rentals prices have decreased by $4 (-0.31%) year-over-year from $1,354 to $1,350. 4-bedroom rentals prices have increased by $217 (15.95%) year-over-year from $1,358 to $1,575. 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 38.24% this month. 1-bedroom rents have gone down by 11.11% this month. 2-bedroom rents have gone down by 2.94% this month. 3-bedroom rents have gone up by 4.18% this month. 4-bedroom rents have gone up by 2.16% this month.
Beds
Price / Sqft
May 2023 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $15 $800 $1,470 (-45.59%) $820 (-2.44%)
2 BR $16 $1,100 $1,123 (-2.08%) $1,025 (7.32%)
3 BR $14 $1,350 $1,354 (-0.31%) $1,125 (20.00%)
4+ BR $12 $1,575 $1,358 (15.95%) $1,433 (9.88%)

Historical Rents in Englewood, Chicago, IL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Englewood

There are a total of 8 cities nearby Englewood. The average rent in Englewood is currently $1,970 per month. Our records show that Oak Park, IL, with an average rent of $1,399, 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 $2,650 per month.

Let's compare Englewood, Chicago, IL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Englewood, Chicago, IL is inf% more affordable than other cities nearby. One bedrooms are about 54.38% more affordable. Two bedrooms in Englewood, Chicago, IL are about 91.07% more affordable. Finally, rent for three bedrooms are about 106.73% more affordable. Want more information? Check out the top 8 cities near Englewood, Chicago, IL in the following chart.
City Studio 1 Bed 2 Bed All
Oak Park, IL $1,098 $1,260 $1,695 $1,399
Chicago, IL $1,295 $1,675 $1,925 $1,750
Wheaton, IL $1,150 $1,775 $2,193 $1,905
Evanston, IL $1,125 $1,600 $2,200 $1,945
Schaumburg, IL N/A $1,914 $2,000 $1,995
Joliet, IL N/A $825 $2,045 $2,045
Aurora, IL $995 $1,118 $2,073 $2,150
Naperville, IL N/A $1,488 $2,175 $2,650

Top Neighborhoods Near Englewood

There are a total of 22 neighborhoods in or near Englewood. Some of these neighborhoods include Chatham, Gresham, and South Shore. We've included all of these top 22 neighborhoods in or near Englewood, Chicago, IL in the following chart.

The average rent for these 22 neighborhoods in or near Englewood, Chicago, IL is currently around $1,750 per month. A total of 5 neighborhoods have a lower average rent. Meaning, only seventeen neighborhoods have a higher average rent than $1,750. Interestingly, the neighborhoods' average rent is higher than Englewood's average rent, which is only $1,300. Out of all the neighborhoods in or near Englewood, Chatham has the most affordable average rent at $915 per month. Whereas, at $2,975 average rent per month, The Loop is the most expensive neighborhood in or near Englewood. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Chatham, Chicago, IL $713 $865 $968 $915
Gresham, Chicago, IL $775 $895 $1,020 $1,018
South Shore, Chicago, IL $825 $930 $1,200 $1,070
Austin, Chicago, IL $890 $1,030 $1,198 $1,153
Lawndale, Chicago, IL $785 $1,000 $1,218 $1,300
Rogers Park, Chicago, IL $1,025 $1,250 $1,800 $1,400
Edgewater, Chicago, IL $1,050 $1,475 $1,975 $1,538
Ravenswood, Chicago, IL $1,250 $1,595 $2,673 $1,550
Logan Square, Chicago, IL $1,150 $1,595 $2,085 $1,595
Uptown, Chicago, IL $1,150 $1,600 $2,450 $1,600
Lincoln Park, Chicago, IL $1,595 $2,000 $3,050 $1,700
Humboldt Park, Chicago, IL N/A $1,295 $1,695 $1,800
Pilsen, Chicago, IL $1,688 $1,555 $1,725 $1,800
Lakeview, Chicago, IL $1,295 $1,950 $2,595 $1,945
Bronzeville, Chicago, IL $1,000 $1,375 $2,000 $2,000
University Village - Little Italy, Chicago, IL $1,477 $1,650 $2,100 $2,250
DePaul, Chicago, IL $1,385 $2,020 $2,322 $2,295
Hyde Park, Chicago, IL $1,225 $1,538 $1,900 $2,500
South Loop, Chicago, IL $1,667 $2,100 $3,000 $2,530
West Town, Chicago, IL N/A $1,935 $2,894 $2,723
Near North Side, Chicago, IL $1,880 $2,450 $3,655 $2,750
The Loop, Chicago, IL $1,989 $2,200 $3,536 $2,975

Top Counties Near Englewood

There are a total of 22 counties located by Englewood, Chicago, IL. Some of these counties include North, IN, Thornton, IL, and Proviso, IL. The average rent for rentals in these counties is $1,814. That's roughly around $24 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is North, IN. It's average rent per month is $882. Vice versa, with an average rent of $2,300, Naperville, IL is the most expensive county by Englewood, Chicago, IL.

Typically, rent for studios in Englewood, Chicago, IL is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Englewood, Chicago, IL is 43.00% more affordable than other counties nearby. Finally, rent for two bedrooms in Englewood, Chicago, IL is 82.13% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
North, IN $388 $785 $1,095 $882
Thornton, IL $858 $925 $1,250 $1,200
Proviso, IL $1,300 $1,115 $1,600 $1,300
Oak Park, IL $1,098 $1,260 $1,695 $1,399
Chicago, IL $1,295 $1,675 $1,925 $1,750
Milton, IL $1,150 $1,765 $2,173 $1,878
Evanston, IL $1,125 $1,600 $2,200 $1,945
Downers Grove, IL N/A $1,638 $2,100 $1,965
Schaumburg, IL N/A $1,890 $2,000 $1,983
Naperville, IL N/A N/A $2,100 $2,300

Top Zipcodes Near Englewood

There are a total of 34 zipcodes in or near Englewood, Chicago, IL. The average rent for all of these zipcodes is $1,898. A total of 7 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60619, Chicago, IL at $995 per month. In comparison, the zipcode with the most expensive average rent of $3,425 per month is 60601, Chicago, IL.

Studios in these zipcodes have an average rent of $1,162. That's at least $32 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Englewood, Chicago, IL is $1,573 per month. Or in other words, $28 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,058 per month. Which comes out to $26 per sqft. 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
60637, Chicago, IL $1,138 $925 $1,295 $1,500
60615, Chicago, IL $1,175 $1,650 $1,750 $2,000
60620, Chicago, IL $775 $895 $1,040 $1,040
60619, Chicago, IL $740 $865 $1,045 $995
60653, Chicago, IL $875 $1,363 $2,065 $2,000
60629, Chicago, IL $750 $925 $1,065 $1,045
60649, Chicago, IL $825 $925 $1,200 $1,070
60616, Chicago, IL N/A $1,913 $2,600 $2,050
60608, Chicago, IL $1,550 $1,395 $1,650 $1,798
60623, Chicago, IL $1,113 $1,100 $1,250 $1,250

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 $1,300. 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 1 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 $1,000 and an average price per square feet of $15.16. There are a total of 2 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 $1,078 and an average price per square feet of $15.56. There are a total of 12 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 12.30%, one bedroom rental prices have changed by -0.46%, two bedroom rental prices have changed by -0.02%, and three bedroom rental prices have changed by 0.00% year-over-year.
What is a reasonable rent price in Englewood, Chicago, IL?
A reasonable rent price in Englewood, Chicago, IL is around $1,040/month. You can search for these reasonably priced rental listings on RentHop.
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