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Apartments in Elmwood Park

1 - 7 of 7 Results
17
$1,595
2831 N 75th Ave
Elmwood Park, IL
2 BR | Available Now
Contact
Cat Friendly
Storage
8
$1,525
Great 2Bed With Balcony, Spacious Bedrooms
7610 Grand Ave #3f Elmwood Park, IL
2 BR | Available Now
Contact
16
$1,300 - 1,700
2300-2310 N Harlem Ave
Elmwood Park, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
18
Call for Pricing
7353-7355 W Grand Ave
Elmwood Park, IL
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
7
$1,075 - 1,195
Elmwood Towers
2.5
7300 W. North Ave Elmwood Park, IL
Studio - 1 BR | Available Now
Contact
Heat Included
Storage
6
$950 - 980
2023 Harlem Ave N
Elmwood Park, IL
1 BR | Available Now
Contact
Cat Friendly
Air Conditioning
Galewood
$1,800
7430 Diversey
7430 W Diversey Ave Elmwood Park, IL
2 BR | May. 1, 2024
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1 - 7 of 7 Results
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How much does it cost to rent an apartment in Elmwood Park?

Elmwood Park Apartments
Bed Type Average Rent Range
1BR $950 $950 - $1,200
2BR $1,600 $1,300 - $1,800
Frequently Asked Questions

How many apartments are available in Elmwood Park, IL on Rentable.co?

Rentable.co has over 178 apartments available in Elmwood Park.

What is the average rent for a one-bedroom apartment in Elmwood Park, IL?

The average rent for a one-bedroom apartment in Elmwood Park is around $950 per month.

What is the average rent for a two-bedroom apartment in Elmwood Park, IL?

The average rent for a two-bedroom apartment in Elmwood Park is around $1,600 per month.

How expensive is it to rent an apartment in Elmwood Park, IL?

For a two-bedroom apartment in Elmwood Park, the average rent price is $1,600 per month, which is similar to the national average of $1,630 per month.

Can I afford an apartment for rent in Elmwood Park, IL?

Based on average rent prices in Elmwood Park, to afford a one-bedroom apartment you would need an annual household income of $38,000 to live comfortably.

Neighborhoods

Galewood
Montclare

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Elmwood Park:
April Rent Report

Welcome to the April 2024 Elmwood Park Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 2024 key findings and figures for the Elmwood Park rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Elmwood Park and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Elmwood Park average rent prices in the chart below.

Monthly Rent Report

$2,500
$1,880
$1,250
$630
$0
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
1 BR       2 BR

Elmwood Park Rent Prices Decrease From March to April

Elmwood Park rent prices decreased over the last month. From March to April, the city experienced a -1.11% decrease for the price of a one-bedroom apartment. The rent price for a Elmwood Park one-bedroom apartments currently stands at $979.0.

When we take a look at the two-bedroom comparison from March to April, Elmwood Park experienced a 7.92% increase for the price of a two-bedroom apartment. The rent price for a Elmwood Park two-bedroom apartments currently stands at $1,512.0.

April Prices: Elmwood Park vs. Surrounding Areas

Rent Prices in Elmwood Park and Surrounding Areas

Rent prices have decreased in Elmwood Park over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Elmwood Park suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Elmwood Park suburbs

  • Rents did not decrease in any of the Elmwood Park suburbs.

April 2024 Pricing Trends: Elmwood Park vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Elmwood Park Rent Prices More Affordable Than Major Cities

Rent growth in Elmwood Park over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Elmwood Park average rent prices appear to be relatively affordable for local residents.

The price for a Elmwood Park one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Elmwood Park and surrounding area rent prices, take a look at the complete data set below.

Data set for Elmwood Park and suburbs

1 BR April 1 BR M/M % Change 2 BR April 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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