Rental market snapshot for Avalon Park, Chicago
Avalon Park rental market summary
The rental market in Avalon Park, Illinois is showing signs of growth. In July 2023, there were 29 new listings, a 4.2% increase from June 2023. This is a positive sign for the rental market, as it indicates that more people are looking to rent in the area. The median rent also increased 4.2% from June 2023 to July 2023, from $1,200 to $1,250. This is a significant increase from the median rent of $1,200 in July 2022, indicating that the rental market in Avalon Park is continuing to grow.
Overall, the rental market in Avalon Park is showing positive signs of growth. With more listings and an increase in median rent, it is clear that the rental market is becoming more attractive to potential renters. This is great news for landlords and renters alike, as it means that the rental market in Avalon Park is becoming more competitive and offering more options for those looking to rent.
Median rent for all residential properties in Avalon Park
Get the latest rental data first
The most expensive listings and top trending buildings in Avalon Park
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
8363 S Kimbark Ave | $2,400 | 4 / 2.0 |
8552 S Euclid Ave | $1,500 | 2 / 1.0 |
8414 S Cregier Ave | $1,400 | 3 / 1.0 |
8422 S Cregier Ave | $1,400 | 3 / 1.0 |
1131 E 79th Pl | $1,335 | 2 / 1.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
MTZ Enterprises | $850 |
Get the latest rental data first
Bedroom Breakdown in Avalon Park
Avalon Park neighborhood apartments rents
The rental market for studios in Avalon Park, Illinois is showing signs of growth. In June 2023, there were two new studio listings, indicating an increase in demand for rental units. The median rent for studios in June 2023 was $675, a 3.8% increase from the median rent in May 2023 of $650. This suggests that the rental market for studios in Avalon Park is becoming more competitive, with landlords able to increase their asking prices.
The rental market for 1-bedroom apartments in Avalon Park, Illinois is showing signs of growth. In June 2023, there was one new 1-bedroom listing, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in June 2023 was $850, a 4.9% increase from the median rent of $810 in May 2023. This suggests that the rental market is becoming more competitive, with landlords able to increase their prices due to the increased demand.
The rental market for 2-bedroom apartments in Avalon Park, Illinois appears to be stable, with only two new listings in May 2023 and a median rent of $835. Unfortunately, no data is available for April 2023, so it is not possible to determine the percent change in rent from April to May. Overall, the rental market for 2-bedroom apartments in Avalon Park appears to be steady.