Rent Comp Analysis
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Rent Comp Analysis
Neighborhoods and Surrounding Communities
Chicago, IL Analysis Date: 12/15/14
Rent Comp Analysis - Neighborhood and Surrounding Communities
Page 1
Analysis Description and Methodology The following data was compiled as of 12/15/14. The age criteria used for this analysis was rent comps less than one year old. Most Neighborhoods and Bedroom counts had between 100 and 1,000 rent comps. We did not include rent comps for Bedroom counts that had a sample size less than 20.
Average Rent by No. of Bedrooms (BR) #
Community Area
1 BR
2 BR
3 BR
1
Rogers Park
$927
$1,274
$1,587
2
West Ridge
$894
$1,205
$1,500
3
Uptown
$1,119
$1,583
$1,977
4
Lincoln Square
$1,084
$1,505
$1,795
5
North Center
$1,186
$1,626
$2,292
6
Lake View
$1,304
$1,883
$2,472
7
Lincoln Park
$1,460
$2,096
$2,706
8
Near North Side
$1,837
$2,686
$3,756
9
Edison Park
$970
$1,249
$1,261
10 Norwood Park
$847
$1,264
$1,577
11 Jefferson Park
$853
$1,200
$1,629
12 Forest Glen
$879
$1,330
$1,535
13 North Park
$862
$1,160
$1,604
14 Albany Park
$927
$1,260
$1,535
15 Portage Park
$821
$1,096
$1,496
16 Irving Park
$914
$1,302
$1,607
17 Dunning
$793
$1,072
$1,611
18 Montclare
$828
$1,090
$1,640
19 Belmont Cragin
$816
$1,026
$1,428
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Rent Comp Analysis - Neighborhood and Surrounding Communities
Page 2
Average Rent by No. of Bedrooms (BR) #
Community Area
1 BR
2 BR
3 BR
20 Hermosa
$797
$1,044
$1,274
21 Avondale
$965
$1,362
$1,752
$1,160
$1,569
$1,974
$822
$1,034
$1,273
$1,408
$1,779
$2,303
25 Austin
$701
$885
$1,106
26 West Garfield Park
$831
$859
$1,027
27 East Garfield Park
$878
$968
$1,193
28 Near West Side
$1,665
$2,058
$2,221
29 North Lawndale
$714
$862
$1,092
30 South Lawndale
$697
$823
$1,021
31 Lower West Side
$820
$1,067
$1,472
32 Loop
$1,861
$2,628
$3,405
33 Near South Side
$1,685
$2,251
$2,961
34 Armour Square
$1,082
$1,330
$1,517
35 Douglas
$1,058
$1,415
$1,505
36 Oakland
$874
$1,195
$1,323
37 Fuller Park
$891
$922
$1,086
38 Grand Boulevard
$804
$1,151
$1,447
$1,033
$1,279
$1,556
$729
$913
$1,149
41 Hyde Park
$1,231
$1,465
$1,859
42 Woodlawn
$723
$980
$1,181
22 Logan Square 23 Humboldt Park 24 West Town
39 Kenwood 40 Washington Park
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Rent Comp Analysis - Neighborhood and Surrounding Communities
Page 3
Average Rent by No. of Bedrooms (BR) #
Community Area
1 BR
2 BR
3 BR
43 South Shore
$667
$828
$1,059
44 Chatham
$653
$789
$1,081
45 Avalon Park
$635
$852
$1,179
46 South Chicago
$626
$777
$973
47 Burnside
$727
$793
$1,060
48 Calumet Heights
$654
$851
$1,215
49 Roseland
$656
$851
$1,023
50 Pullman
$682
$773
$1,042
51 South Deering
$654
$882
$1,083
52 East Side
$611
$715
$971
53 West Pullman
$659
$812
$1,093
54 Riverdale
$705
$1,031
$1,094
55 Hegewisch
$655
$761
$1,154
56 Garfield Ridge
$650
$995
$1,255
57 Archer Heights
$740
$956
$1,007
58 Brighton Park
$730
$791
$1,022
59 Mckinley Park
$757
$923
$1,073
60 Bridgeport
$817
$940
$1,224
61 New City
$868
$834
$963
62 West Elsdon
$743
$867
$1,202
63 Gage Park
$656
$762
$910
64 Clearing
$714
$945
$1,336
65 West Lawn
$693
$906
$1,215
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Rent Comp Analysis - Neighborhood and Surrounding Communities
Page 4
Average Rent by No. of Bedrooms (BR) #
Community Area
1 BR
2 BR
3 BR
66 Ashburn
$732
$1,012
$1,377
67 Auburn Gresham
$637
$776
$1,032
68 Beverly
$713
$1,122
$1,546
69 Washington Heights
$687
$810
$1,206
70 Mount Greenwood
$757
$959
$1,412
71 Morgan Park
$776
$980
$1,240
72 O'Hare
$926
$1,193
$1,456
$1,048
$1,518
$1,780
73 Edgewater
www.rentometer.com
Rent Comp Analysis - Neighborhood and Surrounding Communities
About the Data Rentometer collects rental listing data and rent data from a variety of sources including: bulk syndicated data, our proprietary rental data survey, and user generated listing and rental data. Rentometer uses proprietary algorithms to compile, calculate, and present our rent comparison analysis. If you are interested in providing data or interested in your own custom data analysis, please contact us at: [email protected].
About Rentometer The Rentometer provides rent comparison data and analysis through a simple, intuitive user interface. Everyone from landlords, property managers, owners, and renters can research and compare rental rates on Rentometer.com. Rentometer offers a basic free version as well as Rentometer Pro for users that need more detailed info, a professionally printed report, as well as additional tools to analyze the data. For more information, please visit www.rentometer.com, find them on Facebook at www.facebook.com/rentometer or on Twitter @Rentometer.
www.rentometer.com
Rent Comp Analysis
Neighborhoods and Surrounding Communities
Chicago, IL Analysis Date: 12/15/14
Rent Comp Analysis - Neighborhood and Surrounding Communities
Page 1
Analysis Description and Methodology The following data was compiled as of 12/15/14. The age criteria used for this analysis was rent comps less than one year old. Most Neighborhoods and Bedroom counts had between 100 and 1,000 rent comps. We did not include rent comps for Bedroom counts that had a sample size less than 20.
Average Rent by No. of Bedrooms (BR) #
Community Area
1 BR
2 BR
3 BR
1
Rogers Park
$927
$1,274
$1,587
2
West Ridge
$894
$1,205
$1,500
3
Uptown
$1,119
$1,583
$1,977
4
Lincoln Square
$1,084
$1,505
$1,795
5
North Center
$1,186
$1,626
$2,292
6
Lake View
$1,304
$1,883
$2,472
7
Lincoln Park
$1,460
$2,096
$2,706
8
Near North Side
$1,837
$2,686
$3,756
9
Edison Park
$970
$1,249
$1,261
10 Norwood Park
$847
$1,264
$1,577
11 Jefferson Park
$853
$1,200
$1,629
12 Forest Glen
$879
$1,330
$1,535
13 North Park
$862
$1,160
$1,604
14 Albany Park
$927
$1,260
$1,535
15 Portage Park
$821
$1,096
$1,496
16 Irving Park
$914
$1,302
$1,607
17 Dunning
$793
$1,072
$1,611
18 Montclare
$828
$1,090
$1,640
19 Belmont Cragin
$816
$1,026
$1,428
www.rentometer.com
Rent Comp Analysis - Neighborhood and Surrounding Communities
Page 2
Average Rent by No. of Bedrooms (BR) #
Community Area
1 BR
2 BR
3 BR
20 Hermosa
$797
$1,044
$1,274
21 Avondale
$965
$1,362
$1,752
$1,160
$1,569
$1,974
$822
$1,034
$1,273
$1,408
$1,779
$2,303
25 Austin
$701
$885
$1,106
26 West Garfield Park
$831
$859
$1,027
27 East Garfield Park
$878
$968
$1,193
28 Near West Side
$1,665
$2,058
$2,221
29 North Lawndale
$714
$862
$1,092
30 South Lawndale
$697
$823
$1,021
31 Lower West Side
$820
$1,067
$1,472
32 Loop
$1,861
$2,628
$3,405
33 Near South Side
$1,685
$2,251
$2,961
34 Armour Square
$1,082
$1,330
$1,517
35 Douglas
$1,058
$1,415
$1,505
36 Oakland
$874
$1,195
$1,323
37 Fuller Park
$891
$922
$1,086
38 Grand Boulevard
$804
$1,151
$1,447
$1,033
$1,279
$1,556
$729
$913
$1,149
41 Hyde Park
$1,231
$1,465
$1,859
42 Woodlawn
$723
$980
$1,181
22 Logan Square 23 Humboldt Park 24 West Town
39 Kenwood 40 Washington Park
www.rentometer.com
Rent Comp Analysis - Neighborhood and Surrounding Communities
Page 3
Average Rent by No. of Bedrooms (BR) #
Community Area
1 BR
2 BR
3 BR
43 South Shore
$667
$828
$1,059
44 Chatham
$653
$789
$1,081
45 Avalon Park
$635
$852
$1,179
46 South Chicago
$626
$777
$973
47 Burnside
$727
$793
$1,060
48 Calumet Heights
$654
$851
$1,215
49 Roseland
$656
$851
$1,023
50 Pullman
$682
$773
$1,042
51 South Deering
$654
$882
$1,083
52 East Side
$611
$715
$971
53 West Pullman
$659
$812
$1,093
54 Riverdale
$705
$1,031
$1,094
55 Hegewisch
$655
$761
$1,154
56 Garfield Ridge
$650
$995
$1,255
57 Archer Heights
$740
$956
$1,007
58 Brighton Park
$730
$791
$1,022
59 Mckinley Park
$757
$923
$1,073
60 Bridgeport
$817
$940
$1,224
61 New City
$868
$834
$963
62 West Elsdon
$743
$867
$1,202
63 Gage Park
$656
$762
$910
64 Clearing
$714
$945
$1,336
65 West Lawn
$693
$906
$1,215
www.rentometer.com
Rent Comp Analysis - Neighborhood and Surrounding Communities
Page 4
Average Rent by No. of Bedrooms (BR) #
Community Area
1 BR
2 BR
3 BR
66 Ashburn
$732
$1,012
$1,377
67 Auburn Gresham
$637
$776
$1,032
68 Beverly
$713
$1,122
$1,546
69 Washington Heights
$687
$810
$1,206
70 Mount Greenwood
$757
$959
$1,412
71 Morgan Park
$776
$980
$1,240
72 O'Hare
$926
$1,193
$1,456
$1,048
$1,518
$1,780
73 Edgewater
www.rentometer.com
Rent Comp Analysis - Neighborhood and Surrounding Communities
About the Data Rentometer collects rental listing data and rent data from a variety of sources including: bulk syndicated data, our proprietary rental data survey, and user generated listing and rental data. Rentometer uses proprietary algorithms to compile, calculate, and present our rent comparison analysis. If you are interested in providing data or interested in your own custom data analysis, please contact us at: [email protected].
About Rentometer The Rentometer provides rent comparison data and analysis through a simple, intuitive user interface. Everyone from landlords, property managers, owners, and renters can research and compare rental rates on Rentometer.com. Rentometer offers a basic free version as well as Rentometer Pro for users that need more detailed info, a professionally printed report, as well as additional tools to analyze the data. For more information, please visit www.rentometer.com, find them on Facebook at www.facebook.com/rentometer or on Twitter @Rentometer.
www.rentometer.com
