Apartments in Downtown Downers Grove

1 - 13 of 13 Results
5
$1,495
Downers Grove, IL
1 BR | Available Now
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Disability Access
Downtown Downers Grove
11
$1,595
5107 Washington St Downers Grove, IL
1 BR | May. 1, 2024
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Air Conditioning
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Disability Access
$1,895
Downers Grove, IL
2 BR | Apr. 22, 2024
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Downtown Downers Grove
16
$2,267
Downers Grove, IL
1 BR | Apr. 24, 2024
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35
$1,947 - 4,229
1010 Maple Avenue Downers Grove, IL
Studio - 3 BR | Available Now
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Luxury
Section 8
Covered Parking
24
$1,785
5121 Mackie Pl Downers Grove, IL
1 BR | May. 15, 2024
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25
$2,500
Downers Grove, IL
2 BR | Available Now
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11
$1,245
Downers Grove, IL
Studio | May. 10, 2024
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Air Conditioning
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17
$1,449 - 1,775
6715 Lake Shore Dr Westmont, IL
1 - 2 BR | Available Now
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Fitness Center
20
$1,605 - 3,080
200 West 60Th Street Westmont, IL
1 - 2 BR | May. 6, 2024
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Virtual Tour
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Air Conditioning
12
$1,378 - 1,904
1130 Williams Street S Westmont, IL
1 - 2 BR | Available Now
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32
$1,194 - 1,731
2110 Prentiss Drive Downers Grove, IL
1 - 2 BR | Available Now
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29
$1,645 - 4,930
201 W Oakley Dr Westmont, IL
1 - 3 BR | Available Now
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1 - 13 of 13 Results
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  4. Downtown Downers Grove

Downers Grove:
April Rent Report

Welcome to the April 2024 Downers Grove 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 Downers Grove rental landscape.

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

Monthly Rent Report

$1,950
$1,460
$980
$490
$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

Downers Grove Rent Prices Increase From March to April

Downers Grove rent prices increased over the last month. From March to April, the city experienced a 0.26% increase for the price of a one-bedroom apartment. The rent price for a Downers Grove one-bedroom apartments currently stands at $1,546.0.

When we take a look at the two-bedroom comparison from March to April, Downers Grove experienced a -1.42% decrease for the price of a two-bedroom apartment. The rent price for a Downers Grove two-bedroom apartments currently stands at $1,807.0.

April Prices: Downers Grove vs. Surrounding Areas

Rent Prices in Downers Grove and Surrounding Areas

Rent prices have increased in Downers Grove 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 Downers Grove 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 Downers Grove suburbs

  • Rents did not decrease in any of the Downers Grove suburbs.

April 2024 Pricing Trends: Downers Grove 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

Downers Grove Rent Prices More Affordable Than Major Cities

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

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

Data set for Downers Grove 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.