Apartments in Addison

1 - 4 of 4 Results
28
$1,399 - 1,659
125 S Villa Ave Addison, IL
1 BR | Available Now
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Dog Friendly
Cat Friendly
Section 8
Storage
Disability Access
16
$1,659
900 N Rohlwing Rd Addison, IL
1 BR | Jul. 20, 2024
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
15
$1,350
Addison, IL
1 BR | Available Now
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2
$1,379
Addison, IL
1 BR | Available Now
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Cat Friendly
Storage
Addison Industrial District
1 - 4 of 4 Results
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How much does it cost to rent an apartment in Addison?

Addison Apartments
Bed Type Average Rent Range
1BR $1,400 $1,350 - $1,660

Find a Addison Apartment

Addison is a small Illinois city west of Chicago. Roughly 36,000 people live in the city. The majority of the residents work for the United Parcel Service, who employs nearly 3,000 locals. Another major employer in the area is DeVry University, which is a unique higher education institution. It is a for profit company that has campuses throughout the country, but which has come under recent scrutiny for a number of issues, including bribing students for positive reviews.

Although Addison has a significant population, it in many ways feels like a small town. It somehow has a sense of community that is missing in many larger centers. From the Addison borders to the center of Chicago is only a 35-minute drive, providing residents with a small town that is located only a short hop from one of the greatest cities in the country.

When to Search

When you're looking for an apartment in Addison, you want to try to look during the heart of winter. The cold weather here often forces people to head south to warmer climes for the cold months. This provides a great rental opportunity for those looking for accommodations.

Staying in the Know

When you're applying to rent an apartment in Addison, take the time to come out to town to meet landlords early on in the process. If you're not willing to make the trip, you can be sure that other people will be. If you get out to Addison to look around in person, you can also find some places for rent that are only marked by ‘for rent' signs, that online-only shoppers will miss.

Life in Addison

Transportation

The DART bus is a great way to get around town. If you're a cyclist, DART buses are also equipped with bike racks in case you need to take a shortcut across a large portion of the city. It is entirely possible to commute by car, but stay off Belt Line Road during rush hour unless you enjoy traffic jams.

Where to play

With public transit and good roads into the city, a trip into Chicago for world-class shopping, theatre, music and dining is something that everyone in Addison does from time to time. Closer to home, you can head down Lake Street to see many of the local restaurants. JD Muggs is a nice local bar where you can catch a game or some live music.

Neighborhoods

Search Cities Near Addison, IL

Addison:
April Rent Report

Welcome to the April 2024 Addison 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 Addison rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Addison 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 Addison average rent prices in the chart below.

Monthly Rent Report

$2,350
$1,760
$1,180
$590
$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

Addison Rent Prices Increase From March to April

Addison rent prices increased over the last month. From March to April, the city experienced a 0.61% increase for the price of a one-bedroom apartment. The rent price for a Addison one-bedroom apartments currently stands at $1,495.0.

When we take a look at the two-bedroom comparison from March to April, Addison experienced a -2.52% decrease for the price of a two-bedroom apartment. The rent price for a Addison two-bedroom apartments currently stands at $1,666.0.

April Prices: Addison vs. Surrounding Areas

Rent Prices in Addison and Surrounding Areas

Rent prices have increased in Addison 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 Addison 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 Addison suburbs

  • Rents did not decrease in any of the Addison suburbs.

April 2024 Pricing Trends: Addison 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

Addison Rent Prices More Affordable Than Major Cities

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

The price for a Addison 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 Addison and surrounding area rent prices, take a look at the complete data set below.

Data set for Addison 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.