Rental market snapshot for Humboldt Park, Chicago
Humboldt Park rental market summary
The rental market in Humboldt Park, Illinois is showing signs of growth. In July 2023, there were 210 new listings, a significant increase from the previous month. The median rent in July 2023 was $1,550, a 3.3% increase from the previous month and a 12.7% increase from the same time last year. This indicates that the rental market in Humboldt Park is becoming increasingly competitive, with more people looking to rent in the area.
The increasing demand for rental properties in Humboldt Park is likely due to the area's growing popularity. The area offers a variety of amenities, including parks, restaurants, and entertainment venues. Additionally, the area is conveniently located near downtown Chicago, making it an attractive option for those looking to live close to the city. With more people looking to rent in the area, the rental market in Humboldt Park is likely to continue to grow in the coming months.
Median rent for all residential properties in Humboldt Park
Get the latest rental data first
The most expensive listings and top trending buildings in Humboldt Park
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 1741 N Spaulding Ave | $3,250 | 3 / 3.0 |
| 1621 N Kedzie Ave | $3,200 | 4 / 2.0 |
| 1042 N Kedzie Ave | $3,000 | 3 / 2.0 |
| 1456 N Kedzie Ave | $2,800 | 3 / 2.0 |
| 1042 N Kedzie Ave | $2,750 | 3 / 2.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| M. Fishman & Co. | $1,295 |
Get the latest rental data first
Bedroom Breakdown in Humboldt Park
Humboldt Park neighborhood apartments rents
The rental market for studios in Humboldt Park, Illinois appears to be stable, with only two new listings in July 2023 and a median rent of $1,488. Unfortunately, no data is available for June 2023, so it is not possible to determine the percent change in rent from June to July. Overall, the rental market for studios in Humboldt Park appears to be relatively stable.
The rental market for 1-bedroom apartments in Humboldt Park, Illinois, remained relatively stable in July 2023, with no new listings and no change in median rent from the previous month. The median rent for 1-bedroom apartments in July 2023 was $1,295, the same as it was in June 2023. This indicates that the rental market in Humboldt Park is relatively stable, with no significant changes in rent or availability.
The rental market for 2-bedroom apartments in Humboldt Park, Illinois is showing signs of growth. In July 2023, there were two new 2-bedroom listings, indicating an increase in the availability of rental units. The median rent for 2-bedroom apartments in July 2023 was $1,325, which is 11.7% lower than the median rent in June 2023. This suggests that the rental market is becoming more affordable for tenants. Overall, the rental market for 2-bedroom apartments in Humboldt Park, Illinois is looking positive.