Rental market snapshot for Logan Square, Chicago
Logan Square rental market summary
The rental market in Logan Square, Illinois is showing signs of growth. In July 2023, there were 1,100 new listings, a sign that the rental market is expanding. The median rent in July 2023 was $2,150, a 7.5% increase from June 2023, and a 16.2% increase from July 2022. This indicates that the rental market in Logan Square is becoming more competitive, with higher prices and more listings.
The increasing demand for rental properties in Logan Square is likely due to the area's growing popularity. With its close proximity to downtown Chicago, Logan Square is becoming an attractive option for renters looking for a convenient and affordable place to live. The increasing number of listings and rising rents suggest that the rental market in Logan Square is becoming increasingly competitive, and renters should be prepared to act quickly when they find a property they like.
Median rent for all residential properties in Logan Square
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The most expensive listings and top trending buildings in Logan Square
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 1917 W Cortland St | $9,500 | 5 / 3.5 |
| 2208 N Rockwell St | $6,500 | 4 / 5.5 |
| 2245 W McLean Ave | $5,500 | 4 / 3.0 |
| 3048 W Lyndale St | $5,450 | 3 / 2.5 |
| 2155 N Elston Ave | $5,228 | 3 / 2.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Greystar* | $2,905 |
| Quarterra | $2,707 |
| Zillow Rental Network Premium | $2,267 |
| Reside Living | $2,230 |
| 33 Management | $2,218 |
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Bedroom Breakdown in Logan Square
Logan Square neighborhood apartments rents
The rental market for studios in Logan Square, Illinois is showing signs of growth. In July 2023, there were 46 new studio listings, a significant increase from the previous month. The median rent for studios in July 2023 was $1,295, a decrease of 18.9% from the median rent in June 2023 of $1,596. This suggests that the rental market is becoming more competitive, with more options available for renters.
The rental market for 1-bedroom apartments in Logan Square, Illinois is showing signs of growth. In July 2023, there were 42 new 1-bedroom listings, a 1.6% increase in median rent from June 2023 to July 2023, and a median rent of $2,109. This indicates that the rental market is becoming more competitive, and renters should expect to pay more for 1-bedroom apartments in the area.
The rental market for 2-bedroom apartments in Logan Square, Illinois is showing signs of growth. In July 2023, there were 25 new 2-bedroom listings, a 6.0% increase in median rent from June 2023 to July 2023, and a median rent of $3,055. This indicates that the rental market is becoming more competitive and that demand for 2-bedroom apartments is increasing.