Average Rent in Old Town Triangle, Chicago, IL

Current Versus Historical Old Town Triangle, Chicago, IL Rents

Old Town Triangle rentals average $1,801 for a studio rental to $5,500 for a 3-bedroom rental. The median price of all currently available listings is $2,555, or roughly $3 per square feet.

For the apartment units and housing in April 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $408 (27.61%) year-over-year from $1,479 to $1,888. 1-bedroom rentals prices have increased by $617 (31.90%) year-over-year from $1,933 to $2,550. 2-bedroom rentals prices have increased by $1,003 (38.63%) year-over-year from $2,595 to $3,598. 3-bedroom rentals prices have increased by $318 (6.13%) year-over-year from $5,182 to $5,500. 4-bedroom rentals prices have decreased by $583 (-7.69%) year-over-year from $7,583 to $7,000. 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 up by 16.45% this month. 1-bedroom rents have gone up by 13.75% this month. 2-bedroom rents have gone up by 10.72% this month. 3-bedroom rents have gone up by 12.63% this month. 4-bedroom rents have gone down by 0.00% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.39	$1,888	$1,479 (27.61%)	$1,347 (40.09%)
1 BR	$3.06	$2,550	$1,933 (31.90%)	$1,928 (32.25%)
2 BR	$2.53	$3,598	$2,595 (38.63%)	$2,806 (28.23%)
3 BR	$3.98	$5,500	$5,182 (6.13%)	$3,590 (53.19%)

Historical Rents in Old Town Triangle, Chicago, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Old Town Triangle

There are a total of 6 cities nearby Old Town Triangle. The average rent in Old Town Triangle is currently $2,210 per month. A total of 5 cities nearby have an average rent lower than that. 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 Old Town Triangle, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,825 per month.

Let's compare Old Town Triangle, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 34.79% more expensive. Two bedrooms in Old Town Triangle, Chicago, IL are about 29.58% more expensive. Finally, rent for three bedrooms are about 51.14% more expensive. Want more information? Check out the top 6 cities near Old Town Triangle, Chicago, IL in the following chart.

City	Studio	1 Bed	2 Bed	All
Evanston, IL	$1,185	$1,595	$2,150	$1,955
Chicago, IL	$1,350	$1,790	$2,300	$2,030
Schaumburg, IL	N/A	$1,995	$2,350	$2,100
Wheaton, IL	N/A	$1,960	$2,320	$2,320
Aurora, IL	N/A	$1,300	$1,963	$2,395
Naperville, IL	N/A	$1,650	$2,200	$2,825

Top Neighborhoods Near Old Town Triangle

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

The average rent for these 13 neighborhoods in or near Old Town Triangle, Chicago, IL is currently around $1,863 per month. A total of 11 neighborhoods have a lower average rent. Meaning, only two neighborhoods have a higher average rent than $1,863. Out of all the neighborhoods in or near Old Town Triangle, Edgewater has the most affordable average rent at $1,550 per month. Whereas, at $2,800 average rent per month, South Loop is the most expensive neighborhood in or near Old Town Triangle. 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	$1,150	$1,350	$1,850	$1,600
Ravenswood, Chicago, IL	$1,210	$1,595	$2,775	$1,640
West Rogers Park, Chicago, IL	$1,200	$1,350	$1,800	$1,698
Albany Park, Chicago, IL	$1,048	$1,420	$1,900	$1,775
Lincoln Park, Chicago, IL	$1,390	$1,925	$2,795	$1,863
Logan Square, Chicago, IL	$1,250	$1,795	$2,050	$1,906
Lakeview, Chicago, IL	$1,343	$1,895	$2,590	$2,092
Hyde Park, Chicago, IL	$1,250	$1,698	$1,887	$2,198
DePaul, Chicago, IL	$1,665	$2,290	$2,400	$2,395
Near North Side, Chicago, IL	$1,860	$2,399	$3,500	$2,569
South Loop, Chicago, IL	$1,700	$2,200	$3,000	$2,800

Top Counties Near Old Town Triangle

There are a total of 13 counties located by Old Town Triangle, Chicago, IL. Some of these counties include Evanston, IL, Chicago, IL, and Schaumburg, IL. The average rent for rentals in these counties is $2,142. That's roughly around $2 per sqft. A total of 5 counties have a lower average rent. 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 Old Town Triangle, Chicago, IL.

In comparison, rent for one bedroom listings in Old Town Triangle, Chicago, IL is 31.41% more expensive than other counties nearby. Finally, rent for two bedrooms in Old Town Triangle, Chicago, IL is 29.58% more expensive 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	$1,595	$2,150	$1,955
Chicago, IL	$1,350	$1,790	$2,300	$2,030
Schaumburg, IL	N/A	$1,995	$2,350	$2,095
Downers Grove, IL	N/A	$1,828	$2,200	$2,188
Milton, IL	N/A	$1,960	$2,320	$2,320
Naperville, IL	N/A	$1,663	$2,175	$2,700

Top Zipcodes Near Old Town Triangle

There are a total of 21 zipcodes in or near Old Town Triangle, Chicago, IL. The average rent for all of these zipcodes is $2,075. A total of 17 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60660, Chicago, IL at $1,550 per month. In comparison, the zipcode with the most expensive average rent of $3,148 per month is 60607, Chicago, IL.

Studios in these zipcodes have an average rent of $1,275. 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 Old Town Triangle, Chicago, IL is $1,848 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,438 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Old Town Triangle, Chicago, IL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
60610, Chicago, IL	$1,860	$2,300	$3,450	$2,658
60614, Chicago, IL	$1,663	$2,295	$2,862	$2,300
60642, Chicago, IL	$1,929	$2,225	$2,850	$2,700
60654, Chicago, IL	$1,945	$2,500	$3,525	$2,500
60611, Chicago, IL	$1,800	$2,305	$3,650	$2,725
60657, Chicago, IL	$1,345	$1,900	$2,600	$2,077
60622, Chicago, IL	$1,893	$2,100	$2,438	$2,438
60647, Chicago, IL	$1,250	$1,848	$2,150	$2,048
60613, Chicago, IL	$1,300	$1,700	$2,568	$1,943
60607, Chicago, IL	$1,700	$2,400	$3,275	$3,148

Frequently Asked Questions - Old Town Triangle Average Rents

What is the average rent price in Old Town Triangle, Chicago, IL?

The average monthly rental price for Old Town Triangle, Chicago, IL apartments for rent is approximately $2,555. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Old Town Triangle, 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 Old Town Triangle, Chicago, IL.

How much is a studio apartment in Old Town Triangle, Chicago, IL?

The average monthly rental price for studio apartments is $1,801 and an average price per square feet of $3.39. There are a total of 22 studio apartment listings currently available for rent in Old Town Triangle.

How much is a one bedroom apartment in Old Town Triangle, Chicago, IL?

The average monthly rental price for one bedroom apartments is $2,638 and an average price per square feet of $3.06. There are a total of 24 one bedroom apartment listings currently available for rent in Old Town Triangle.

How much is a two bedroom apartment in Old Town Triangle, Chicago, IL?

The average monthly rental price for two bedroom apartments is $3,195 and an average price per square feet of $2.53. There are a total of 13 two bedroom apartment listings currently available for rent in Old Town Triangle.

How have rent prices in Old Town Triangle, Chicago, IL changed this year?

Rent prices for rentals in Old Town Triangle, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by 0.28%, one bedroom rental prices have changed by 0.32%, two bedroom rental prices have changed by 0.39%, and three bedroom rental prices have changed by 0.06% year-over-year.

What is a reasonable rent price in Old Town Triangle, Chicago, IL?

A reasonable rent price in Old Town Triangle, Chicago, IL is around $2,044/month. You can search for these reasonably priced rental listings on RentHop.