Rental market snapshot for Montclare, Chicago

Montclare rental market summary

The rental market in Montclare, Illinois is showing signs of growth. On July 31, 2023, there were 17 new listings, indicating an increase in demand for rental properties. The median rent for the same period was $2,695, which is a 107.3% increase from the median rent of $1,300 in July 2022. This suggests that the rental market in Montclare is becoming more competitive, with prices rising as demand increases.

Overall, the rental market in Montclare is looking positive. The number of new listings is increasing and the median rent is rising, indicating that the market is becoming more attractive to potential renters. With the current trend of growth, it is likely that the rental market in Montclare will continue to expand in the coming months.

Median rent for all residential properties in Montclare

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The most expensive listings and top trending buildings in Montclare

Most Expensive Listings

AddressRent PriceBed / Bath
6950 West Nelson Street$2,6955 / 3.0
2738 N Sayre Ave$1,7502 / 2.0
2530 N Neva Ave$1,7003 / 2.0
3049 N Nordica Ave$1,1752 / 1.0

Top Trending Buildings

building nameavg rent price
Zillow$900

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Bedroom Breakdown in Montclare

1 Bedroom
$900
MEDIAN RENT
2 Bedroom
$1,750
MEDIAN RENT

Montclare neighborhood apartments rents

Uh-oh! Looks like we don't have any data in Montclare, Illinois, for studios.

The rental market for 1-bedroom apartments in Montclare, Illinois is relatively stable. In April 2023, there was only one new listing, and the median rent was $900, which is a 10.0% decrease from the median rent of $1,000 in March 2023. This suggests that the rental market is not experiencing any significant changes in terms of pricing or availability.

The rental market for 2-bedroom apartments in Montclare, Illinois in July 2023 is relatively stable. There was only one new listing in July, and the median rent for 2-bedroom apartments remained the same from June to July at $1,750. This indicates that the rental market is not experiencing any significant changes in terms of pricing or availability.

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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 Montclare is $2,695.
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