Apartments in Chicago Ridge

1 - 5 of 5 Results
9
$1,100
13256 S Prairie Ave Chicago, IL
2 BR | Available Now
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Riverdale
25
$1,140
Chicago Ridge, IL
1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
18
$1,395
Chicago Ridge, IL
2 BR | Available Now
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Dog Friendly
Cat Friendly
7
$1,195
Chicago Ridge, IL
1 BR | May. 1, 2024
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Dog Friendly
Cat Friendly
14
$1,395
Chicago Ridge, IL
2 BR | Apr. 1, 2024
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Dog Friendly
Cat Friendly
1 - 5 of 5 Results
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How much does it cost to rent an apartment in Chicago Ridge?

Chicago Ridge Apartments
Bed Type Average Rent Range
1BR $1,140 $1,140 - $1,200
2BR $1,400 $1,100 - $1,400

Search Cities Near Chicago Ridge, IL

Chicago Ridge:
March Rent Report

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

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

Monthly Rent Report

$1,650
$1,240
$830
$410
$0
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
1 BR       2 BR

Chicago Ridge Rent Prices Increase From February to March

Chicago Ridge rent prices increased over the last month. From February to March, the city experienced a 0.58% increase for the price of a one-bedroom apartment. The rent price for a Chicago Ridge one-bedroom apartments currently stands at $1,213.0.

When we take a look at the two-bedroom comparison from February to March, Chicago Ridge experienced a -2.3% decrease for the price of a two-bedroom apartment. The rent price for a Chicago Ridge two-bedroom apartments currently stands at $1,319.0.

March Prices: Chicago Ridge vs. Surrounding Areas

Rent Prices in Chicago Ridge and Surrounding Areas

Rent prices have increased in Chicago Ridge 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 Chicago Ridge 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 Chicago Ridge suburbs

  • Rents did not decrease in any of the Chicago Ridge suburbs.

March 2024 Pricing Trends: Chicago Ridge vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,976
$3,029
$2,358
$2,336
$1,866
$1,310
$1,235
$1,124
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Chicago Ridge Rent Prices More Affordable Than Major Cities

Rent growth in Chicago Ridge 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, Chicago Ridge average rent prices appear to be relatively affordable for local residents.

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

Data set for Chicago Ridge and suburbs

1 BR March 1 BR M/M % Change 2 BR March 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.