Average Rent in Irving Park, Chicago, IL

Home  »  IL  »  Chicago  »  Irving Park

Current Versus Historical Irving Park, Chicago, IL Rents

Irving Park rentals average $1,413 for a 1-bedroom rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $1,850, 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 increased by $4,151 (483.63%) year-over-year from $858 to $5,010. 1-bedroom rentals prices have increased by $8,724 (684.24%) year-over-year from $1,275 to $9,999. 2-bedroom rentals prices have increased by $92 (5.00%) year-over-year from $1,833 to $1,925. 3-bedroom rentals prices have increased by $958 (49.36%) year-over-year from $1,942 to $2,900. 4-bedroom rentals prices have increased by $237 (7.73%) year-over-year from $3,063 to $3,300. 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 119.01% this month. 1-bedroom rents have gone up by 134.46% this month. 2-bedroom rents have gone down by 2.12% this month. 3-bedroom rents have gone up by 4.22% this month. 4-bedroom rents have gone up by 7.67% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR N/A $9,999 $1,275 (684.24%) $1,217 (721.84%)
2 BR $1.60 $1,925 $1,833 (5.00%) $1,429 (34.69%)
3 BR $2.23 $2,900 $1,942 (49.36%) $2,092 (38.65%)

Historical Rents in Irving Park, Chicago, IL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Irving Park

There are a total of 6 cities nearby Irving Park. The average rent in Irving Park is currently $2,226 per month. Our records show that Chicago, IL, with an average rent of $2,096, is the most affordable city nearby. In contrast, the most expensive city near Irving Park, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,790 per month.

Let's compare Irving Park, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 21.95% more affordable. Two bedrooms in Irving Park, Chicago, IL are about 25.28% more affordable. Finally, rent for three bedrooms are about 4.88% more expensive. Want more information? Check out the top 6 cities near Irving Park, Chicago, IL in the following chart.
City Studio 1 Bed 2 Bed All
Chicago, IL $1,300 $1,745 $2,350 $2,096
Evanston, IL $1,043 $1,700 $2,150 $2,145
Schaumburg, IL N/A $1,995 $2,350 $2,195
Wheaton, IL N/A $1,923 $2,310 $2,257
Aurora, IL N/A $1,300 $2,050 $2,325
Naperville, IL N/A $1,650 $2,200 $2,790

Top Neighborhoods Near Irving Park

There are a total of 15 neighborhoods in or near Irving Park. Some of these neighborhoods include Edgewater, Rogers Park, and Albany Park. We've included all of these top 15 neighborhoods in or near Irving Park, Chicago, IL in the following chart.

The average rent for these 15 neighborhoods in or near Irving Park, Chicago, IL is currently around $1,988 per month. A total of 6 neighborhoods have a lower average rent. Meaning, only nine neighborhoods have a higher average rent than $1,988. Interestingly, the neighborhoods' average rent is higher than Irving Park's average rent, which is only $1,850. Out of all the neighborhoods in or near Irving Park, Edgewater has the most affordable average rent at $1,550 per month. Whereas, at $3,000 average rent per month, Near North Side is the most expensive neighborhood in or near Irving Park. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Edgewater, Chicago, IL $1,132 $1,550 $2,150 $1,550
Rogers Park, Chicago, IL $1,150 $1,400 $1,850 $1,600
Albany Park, Chicago, IL $1,045 $1,420 $1,863 $1,650
West Rogers Park, Chicago, IL $1,200 $1,350 $1,800 $1,673
Uptown, Chicago, IL $1,150 $1,625 $2,600 $1,695
Ravenswood, Chicago, IL $1,220 $1,623 $2,623 $1,783
Logan Square, Chicago, IL $1,250 $1,798 $2,000 $1,950
Humboldt Park, Chicago, IL $2,100 $1,450 $1,825 $1,988
Lakeview, Chicago, IL $1,463 $1,927 $2,595 $2,100
Lincoln Park, Chicago, IL $1,450 $1,875 $3,050 $2,200
Hyde Park, Chicago, IL $1,275 $1,650 $1,875 $2,299
DePaul, Chicago, IL $1,670 $2,295 $2,400 $2,395
The Loop, Chicago, IL $1,825 $2,500 $3,200 $2,700
South Loop, Chicago, IL N/A $2,248 $3,000 $2,900
Near North Side, Chicago, IL $1,775 $2,400 $3,604 $3,000

Top Counties Near Irving Park

There are a total of 15 counties located by Irving Park, Chicago, IL. Some of these counties include Chicago, IL, Schaumburg, IL, and Evanston, IL. The average rent for rentals in these counties is $2,172. That's roughly around $2 per sqft. The county that is the most affordable is Chicago, IL. It's average rent per month is $2,096. Vice versa, with an average rent of $2,500, Naperville, IL is the most expensive county by Irving Park, Chicago, IL.

In comparison, rent for one bedroom listings in Irving Park, Chicago, IL is 26.27% more affordable than other counties nearby. Finally, rent for two bedrooms in Irving Park, Chicago, IL is 24.81% more affordable than other counties nearby. We've listed the top 6 counties in the chart below.
County Studio 1 Bed 2 Bed All
Chicago, IL $1,300 $1,745 $2,350 $2,096
Schaumburg, IL N/A $1,995 $2,350 $2,138
Evanston, IL $1,043 $1,700 $2,150 $2,145
Downers Grove, IL N/A $1,822 $2,218 $2,198
Milton, IL N/A $1,900 $2,275 $2,257
Naperville, IL N/A $1,663 $2,198 $2,500

Top Zipcodes Near Irving Park

There are a total of 21 zipcodes in or near Irving Park, Chicago, IL. The average rent for all of these zipcodes is $2,095. A total of 6 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60641, Chicago, IL at $1,500 per month. In comparison, the zipcode with the most expensive average rent of $3,500 per month is 60611, Chicago, IL.

Studios in these zipcodes have an average rent of $1,250. That's at least $3 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Irving Park, Chicago, IL is $1,850 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,475 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Irving Park, Chicago, IL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
60618, Chicago, IL $1,300 $1,493 $1,900 $1,950
60625, Chicago, IL $1,125 $1,525 $2,100 $1,725
60641, Chicago, IL $1,100 $1,300 $1,650 $1,500
60647, Chicago, IL $1,250 $1,850 $2,150 $2,050
60640, Chicago, IL $1,156 $1,600 $2,475 $1,650
60613, Chicago, IL $1,450 $1,745 $2,595 $2,145
60657, Chicago, IL $1,475 $1,934 $2,650 $2,095
60660, Chicago, IL $1,135 $1,500 $1,950 $1,550
60614, Chicago, IL $1,630 $2,200 $2,958 $2,395
60622, Chicago, IL $1,890 $2,100 $2,493 $2,500

Frequently Asked Questions - Irving Park Average Rents

What is the average rent price in Irving Park, Chicago, IL?
The average monthly rental price for Irving Park, Chicago, IL apartments for rent is approximately $1,850. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Irving Park, 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 Irving Park, Chicago, IL.
How much is a studio apartment in Irving Park, 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 Irving Park.
How much is a one bedroom apartment in Irving Park, Chicago, IL?
The average monthly rental price for one bedroom apartments is $1,413 and an average price per square feet of $0. There are a total of 2 one bedroom apartment listings currently available for rent in Irving Park.
How much is a two bedroom apartment in Irving Park, Chicago, IL?
The average monthly rental price for two bedroom apartments is $1,800 and an average price per square feet of $1.60. There are a total of 9 two bedroom apartment listings currently available for rent in Irving Park.
How have rent prices in Irving Park, Chicago, IL changed this year?
Rent prices for rentals in Irving Park, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by 4.84%, one bedroom rental prices have changed by 6.84%, two bedroom rental prices have changed by 0.05%, and three bedroom rental prices have changed by 0.49% year-over-year.
What is a reasonable rent price in Irving Park, Chicago, IL?
A reasonable rent price in Irving Park, Chicago, IL is around $1,480/month. You can search for these reasonably priced rental listings on RentHop.
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
© 2009 - 2024 RentHop.com™
Quantcast