Rental market snapshot for Archer Heights, Chicago

Archer Heights rental market summary

The rental market in Archer Heights, Illinois is relatively stable. In July 2023, there were 14 new listings, indicating that the rental market is still active. The median rent in July 2023 was the same as it was in June 2023 and in July 2022, at $1,650. This indicates that the rental market has not seen any significant changes in the past year.

Overall, the rental market in Archer Heights, Illinois is relatively stable and has not seen any significant changes in the past year. This is good news for renters looking for a place to live in the area, as they can expect to find a place to rent at a consistent rate.

Median rent for all residential properties in Archer Heights

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The most expensive listings and top trending buildings in Archer Heights

Most Expensive Listings

AddressRent PriceBed / Bath
5212 South Kildare Avenue$1,6503 / 2.0
4858 S Springfield Ave$1,5503 / 1.0

Top Trending Buildings

building nameavg rent price
Zillow$950

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Bedroom Breakdown in Archer Heights

1 Bedroom
$950
MEDIAN RENT
2 Bedroom
$1,350
MEDIAN RENT

Archer Heights neighborhood apartments rents

Uh-oh! Looks like we don't have any data in Archer Heights, Illinois, for studios.

The rental market for 1-bedroom apartments in Archer Heights, Illinois is expected to be relatively stable in July 2022, with only one new listing. The median rent for 1-bedroom apartments is projected to decrease by 13.6% from June 2022 to July 2022, from $1,100 to $950. This suggests that the rental market in Archer Heights is likely to remain competitive, with landlords offering competitive prices to attract tenants.

The rental market for 2-bedroom apartments in Archer Heights, Illinois is showing signs of growth. In February 2023, there were two new 2-bedroom listings, indicating an increase in demand for these types of apartments. Additionally, the median rent for 2-bedroom apartments increased by 12.5% from January 2023 to February 2023, rising from $1,200 to $1,350. This suggests that the rental market for 2-bedroom apartments in Archer Heights is becoming more competitive and that renters should expect to pay more for these types of apartments in the near future.

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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.

As of 2023-07-31, the median rent in Archer Heights is $1,650.
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