{"id":451,"date":"2019-06-03T11:00:16","date_gmt":"2019-06-03T11:00:16","guid":{"rendered":"https:\/\/www.renthop.com\/content-manager\/?post_type=studies&p=10228"},"modified":"2023-07-22T15:30:35","modified_gmt":"2023-07-22T15:30:35","slug":"where-does-the-train-of-rising-rents-stop-in-chicago","status":"publish","type":"post","link":"https:\/\/www.renthop.com\/research\/where-does-the-train-of-rising-rents-stop-in-chicago\/","title":{"rendered":"Where Does the Train of Rising Rents Stop in Chicago?"},"content":{"rendered":"

Rents are Going up in the Windy City<\/h2>\n

The Chicago \u201cL\u201d is the fourth largest heavy rail rapid transit system in the U.S. As an essential part of most Chicagoans\u2019 lives, the L system serves on average 780,000 riders each weekday<\/a>. We at RentHop, therefore, believe that it is our duty to map out the rental data by the L train stop every year to assist in your apartment hunting endeavors.<\/p>\n

Our key findings this year include:<\/strong><\/h5>\n

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  • Overall, one-bedroom median rent in Chicago went up 3.7% from 2018 to 2019<\/strong>.<\/li>\n
  • Rents increased at 114 stops and fell\u00a0at 24 stops. 7 stops experienced no change in the past year.<\/strong><\/li>\n
  • The biggest saving is on the Orange line this year. Renters can save around $762 by moving one stop south, from Roosevelt ($2,132) to Halsted ($1,370).<\/li>\n<\/ul>\n
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    Our\u00a0Interactive T Map Displays All Stops With Respective Rents and YoY Fluctuations<\/strong><\/h5>\n

     
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