Rental market snapshot for West Englewood, Chicago
West Englewood rental market summary
The rental market in West Englewood, Illinois is showing signs of growth. In July 2023, there were 56 new listings, indicating that more people are looking to rent in the area. The median rent for the month of July 2023 was $1,300, which is the same as the median rent in June 2023. This suggests that the rental market is stable and not seeing any major fluctuations in prices. However, when compared to the median rent in July 2022, there has been an increase of 23.8%. This indicates that the rental market in West Englewood is growing and becoming more expensive.
Overall, the rental market in West Englewood is showing signs of growth. With more listings and an increase in median rent, it is becoming a more attractive option for renters. The stability of the market suggests that it is a safe investment for landlords, while the increase in prices indicates that it is becoming a more desirable place to live. With the right investments, West Englewood could become a thriving rental market in the future.
Median rent for all residential properties in West Englewood
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The most expensive listings and top trending buildings in West Englewood
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 1800 W 63rd St | $1,800 | 4 / 1.0 |
| 6720 S Elizabeth St | $1,700 | 4 / 1.0 |
| 5704 S Throop St | $1,600 | 3 / 1.0 |
| 5611 S Throop St | $1,575 | 3 / 1.0 |
| 5708 S Elizabeth St | $1,550 | 3 / 1.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Zillow | $800 |
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Bedroom Breakdown in West Englewood
West Englewood neighborhood apartments rents
The rental market for studios in West Englewood, Illinois appears to be relatively stable, with only one new listing in April 2023 and a median rent of $800. Unfortunately, no data is available for March 2023, so it is not possible to determine the percent change in rent from that month. Overall, the rental market for studios in West Englewood appears to be relatively steady.
The rental market for 1-bedroom apartments in West Englewood, Illinois appears to be stable, with only one new listing in April 2023 and a median rent of $800. Unfortunately, no data is available for the median rent in March 2023 or the percent change in rent from March to April, so it is difficult to draw any conclusions about the rental market in West Englewood.
The rental market for 2-bedroom apartments in West Englewood, Illinois appears to be relatively stable, with only two new listings in April 2023 and a median rent of $1,050. Unfortunately, no data is available for the median rent in March 2023 or the percent change in rent from March to April, so it is difficult to determine if there has been any significant change in the rental market.