Rental market snapshot for Elmwood Park, Illinois

Elmwood Park, Illinois Rental Property Market Overview

The average rent for an apartment in Elmwood Park is $2,184. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by -0.19% over the past year.

Elmwood Park is a village in Cook County, Illinois, United States. The population was 24,883 at the 2010 census. The community has long been known for its large Italian-American population.

Last Updated December 23, 2022

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Average monthly rent graph in Elmwood Park Illinois | Cost of Living

  • The most expensive ZIP Code in Elmwood Park is 60707 with an average price of $2,475
  • The cheapest ZIP Code in Elmwood Park is 60707 with an average price of $2,200

Elmwood Park ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
160707$2,475
260707$2,405

Live near Elmwood Park, Illinois's Top Sights and Attractions

Central Park is a beautiful attraction located in Elmwood Park, Illinois. The park features a variety of amenities including a playground, a swimming pool, a basketball court, and a picnic area. The park also has a walking trail, a pond, and a fountain.

Mills Park is a beautiful park located in Elmwood Park, Illinois. The park features a variety of amenities including a playground, a basketball court, a picnic area, and a walking path.

Bambi Park is a small amusement park located in Elmwood Park, Illinois. The park is home to a variety of rides, including a Ferris wheel, a carousel, and a roller coaster. Visitors can also purchase food and drinks from the park's concession stand.

Centennial Park is a beautiful park located in Elmwood Park, Illinois. The park features a variety of amenities including a playground, a basketball court, a picnic area, and a walking trail. The park also has a pond where you can fish or feed the ducks.

Triangle Park is a small park located in the center of Elmwood Park, Illinois. The park is triangular in shape and has a playground, picnic tables, and a small gazebo.

Fullerton Courts is an outdoor basketball facility that features six courts. The courts are surrounded by a walking/jogging path, and there is also a playground and a picnic area.

Kathy Torpe Park is a small park located in the center of Elmwood Park, Illinois. The park features a playground, a small gazebo, and a few benches. The park is surrounded by trees and is a popular spot for families with young children.

Kiddie Korale Park is a small, fenced-in park with a playground, swings, and a sandpit. The park is located in the center of Elmwood Park, Illinois.

Elmwood Park, Illinois area median rent change by ZIP Code map

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How does Elmwood Park compare to other cities in Illinois ?

citymedian price
Lombard$2,295
Prospect Heights$1,557
Winfield$2,135
Belleville$1,110
Oak Forest$2,195
Maywood$1,200
West Chicago$2,550
Elk Grove Village$1,995
Maryville$695

Average household income in Elmwood Park area graph - US Census

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The median household income in Elmwood Park in 2021 was $63,312. This represents a 14.9% change from 2011 when the median was $55,111.

#categorypercent
0Less than $10,0005.5%
1$10,000 to $14,9992.3%
2$15,000 to $19,9995.1%
3$20,000 to $24,9996.3%
4$25,000 to $29,9993.5%
5$30,000 to $34,9995.3%
6$35,000 to $39,9995.8%
7$40,000 to $44,9993.5%
8$45,000 to $49,9993.9%
9$50,000 to $59,9997.5%
10$60,000 to $74,9999.2%
11$75,000 to $99,99912.3%
12$100,000 to $124,9999.6%
13$125,000 to $149,9996.3%
14$150,000 to $199,9998.0%
15$200,000 or more5.7%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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