Rental market snapshot for West Garfield Park, Chicago
West Garfield Park rental market summary
The rental market in West Garfield Park, Illinois is showing signs of stability. In July of 2023, there were 77 new listings, indicating that the rental market is still active and growing. The median rent for the area has remained steady over the past year, with the median rent in July of 2023 being the same as it was in July of 2022 at $1,400. From June to July of 2023, the median rent only saw a slight increase of 3.6%. This indicates that the rental market in West Garfield Park is stable and not seeing any drastic changes in pricing.
Overall, the rental market in West Garfield Park, Illinois is showing signs of stability. With the number of new listings increasing and the median rent remaining steady, it is a great place to look for a rental property. The slight increase in rent from June to July of 2023 is a sign that the rental market is healthy and not seeing any drastic changes in pricing.
Median rent for all residential properties in West Garfield Park
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The most expensive listings and top trending buildings in West Garfield Park
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 3828 W Arthington St | $2,250 | 4 / 2.0 |
| 821 S Keeler Ave | $2,050 | 5 / 2.0 |
| 4216 W Monroe St | $1,920 | 4 / 1.0 |
| 4410 W Madison St | $1,700 | 2 / 1.0 |
| 207 N Karlov Ave | $1,600 | 3 / 1.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Zillow | $1,050 |
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Bedroom Breakdown in West Garfield Park
West Garfield Park neighborhood apartments rents
The rental market for studios in West Garfield Park, Illinois is showing signs of growth. In July 2023, there were 3 new studio listings, representing a 27.4% increase in rent from June 2023. The median rent for studios in July 2023 was $1,000, indicating that the rental market is becoming more competitive. This is a positive sign for potential renters in the area, as it suggests that there is an increasing demand for studio apartments in West Garfield Park.
The rental market for 1-bedroom apartments in West Garfield Park, Illinois is showing signs of growth. In April 2023, there were 3 new 1-bedroom listings, a 9.9% increase in median rent from March 2023 to April 2023, and a median rent of $1,000. This indicates that the rental market is becoming more competitive and that demand for 1-bedroom apartments is increasing.
The rental market for 2-bedroom apartments in West Garfield Park, Illinois is relatively stable. In July 2023, there were 4 new 2-bedroom listings, and the median rent for 2-bedroom apartments was $1,080, a 1.8% decrease from the median rent in June 2023. This suggests that the rental market is not experiencing any significant changes in the short-term.