Rental market snapshot for Englewood, Chicago
Englewood rental market summary
The rental market in Englewood, Illinois is showing signs of growth. In July 2023, there were 133 new listings, a significant increase from the previous month. The median rent also increased from $1,335 in June 2023 to $1,350 in July 2023, representing a 1.1% increase. This is a positive sign for the rental market in Englewood, as it indicates that demand for rental properties is increasing.
The median rent in Englewood has also seen a 3.0% increase from July 2022 to July 2023. This is a further indication that the rental market in Englewood is growing and that rental prices are increasing. This is good news for landlords and investors, as it suggests that rental properties in Englewood are becoming more attractive and desirable.
Median rent for all residential properties in Englewood
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The most expensive listings and top trending buildings in Englewood
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 902 W 68th St | $2,200 | 5 / 2.0 |
| 904 W 68th St | $2,200 | 5 / 2.0 |
| 7341 S Carpenter St | $1,933 | 5 / 1.0 |
| 5616 S Shields Ave | $1,800 | 5 / 2.0 |
| 6530 S Union Ave | $1,800 | 4 / 2.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Zillow | $945 |
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Bedroom Breakdown in Englewood
Englewood neighborhood apartments rents
The rental market for studios in Englewood, Illinois appears to be relatively stable, with only one new studio listing in July 2022. The median rent for studios in July 2022 is $850, though the median rent for June 2022 is not available. Therefore, it is not possible to determine the percent change in rent from June 2022 to July 2022. Overall, the rental market for studios in Englewood appears to be relatively stable.
The rental market for 1-bedroom apartments in Englewood, Illinois in March 2023 is relatively stable. There were 3 new 1-bedroom listings in March 2023, and the median rent for 1-bedroom apartments remained the same from February 2023 to March 2023 at $1,050. This indicates that the rental market for 1-bedroom apartments in Englewood is not experiencing any significant changes in terms of rent prices.
The rental market for 2-bedroom apartments in Englewood, Illinois is showing signs of growth. In July 2023, there were 3 new 2-bedroom listings, which is an increase from the previous month. The median rent for 2-bedroom apartments in July 2023 was $1,250, which is an 8.5% increase from the median rent in June 2023. This indicates that the rental market for 2-bedroom apartments in Englewood is becoming more competitive, and renters should expect to pay more for their apartments in the coming months.