Rental market snapshot for Beverly, Chicago

Beverly rental market summary

The rental market in Beverly, Illinois is showing signs of growth. In July 2023, there were 15 new listings, which is a positive sign for the rental market. The median rent in July 2023 was $1,100, which is a 4.3% decrease from the median rent in June 2023. This suggests that the rental market is becoming more competitive, as renters have more options to choose from.

The median rent in July 2023 was also 15.1% lower than the median rent in July 2022. This indicates that the rental market in Beverly, Illinois is becoming more affordable for renters. This could be due to an increase in the number of rental properties available, as well as a decrease in demand for rental properties. Overall, the rental market in Beverly, Illinois is showing signs of growth and becoming more affordable for renters.

Median rent for all residential properties in Beverly

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The most expensive listings and top trending buildings in Beverly

Most Expensive Listings

AddressRent PriceBed / Bath
10339 S Hale Ave$1,3952 / 1.0
10607 S Hale Ave$1,1501 / 1.0
10627-33 S Hale Ave$1,1501 / 1.0
1514 W 99th St$1,1001 / 1.0
10627-33 S Hale Ave$9000 / 1.0

Top Trending Buildings

building nameavg rent price
Five T Management Inc.$1,150

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Bedroom Breakdown in Beverly

Studio
$900
MEDIAN RENT
1 Bedroom
$1,150
MEDIAN RENT
2 Bedroom
$1,250
MEDIAN RENT

Beverly neighborhood apartments rents

The rental market for studios in Beverly, Illinois is showing signs of growth. In July 2023, there were two new studio listings, which is an increase from the previous month. The median rent for studios in July 2023 was $900, which is a 5.9% increase from the median rent of $850 in June 2023. This suggests that the rental market for studios in Beverly, Illinois is becoming more competitive and that prices are increasing.

The rental market for 1-bedroom apartments in Beverly, Illinois is showing signs of growth. In July 2023, there were two new 1-bedroom listings, indicating an increase in demand for these types of apartments. The median rent for 1-bedroom apartments in July 2023 was $1,150, a 15.0% increase from the median rent in June 2023, which was $1,000. This suggests that the rental market for 1-bedroom apartments in Beverly, Illinois is becoming more competitive and that prices are likely to continue to rise in the near future.

The rental market for 2-bedroom apartments in Beverly, Illinois is relatively stable. In March 2023, there was only one new listing, and the median rent for 2-bedroom apartments decreased by 3.5% from February 2023 to March 2023, from $1,295 to $1,250. This suggests that the rental market is not experiencing any significant changes 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 Beverly is $1,100.
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