Apartments in 60516

1 - 2 of 2 Results
32
$1,194 - 1,731
2110 Prentiss Drive Downers Grove, IL
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
Dishwasher
$1,340 - 1,900
5700 South Walnut Avenue Downers Grove, IL
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
1 - 2 of 2 Results

Apartments near 60516

11 Results
32
$1,319
3150 Finley Rd Downers Grove, IL
Studio | Available Now
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Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
35
$1,845 - 4,229
1010 Maple Avenue Downers Grove, IL
Studio - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Section 8
Covered Parking
29
$1,760 - 4,430
2845 Easton St Downers Grove, IL
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Student
Luxury
Air Conditioning
12
$1,600
Downers Grove, IL
2 BR | Available Now
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Cat Friendly
19
$1,395
Downers Grove, IL
1 BR | May. 10, 2024
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Dog Friendly
Cat Friendly
Storage
11
$1,595 - 1,695
5107 Washington St Downers Grove, IL
1 BR | Jun. 10, 2024
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
11
$1,245
800 Ogden Ave Downers Grove, IL
Studio | May. 10, 2024
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
5
$1,495
Downers Grove, IL
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
Downtown Downers Grove
24
$1,785
5121 Mackie Pl Downers Grove, IL
1 BR | May. 15, 2024
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
$1,900
Downers Grove, IL
2 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
$1,895
Downers Grove, IL
2 BR | Available Now
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Dog Friendly
Cat Friendly
Disability Access
Dishwasher
Downtown Downers Grove
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How much does it cost to rent an apartment in 60516?

60516 apartments
Bed Type Average Rent Range
1BR $1,510 $1,230 - $1,650
2BR $1,630 $1,460 - $1,800
Find an Apartment in 60516
Looking for apartments for rent in 60516 Downers Grove, IL? Rentable has a variety of rental options in this area. Currently, there are 44 apartments available for rent in the 60516 zip code. The average rent in this area is $1,540, and the minimum rent for a 1-bedroom unit starts at $1,232.

For those interested in exploring the surrounding area, there are numerous points of interest near 60516. Downers Grove offers a charming downtown area with shops, restaurants, and entertainment options. The DuPage Children's Museum and the Morton Arboretum are nearby attractions that provide opportunities for family-friendly activities and outdoor exploration. Additionally, the local parks and green spaces offer residents a chance to enjoy nature and recreational activities.

If you are searching for apartments near 60516, Rentable provides a comprehensive listing of available rentals in the area. Whether you're looking for a studio, one-bedroom, or multi-bedroom apartment, Rentable has options to suit your needs. Explore Rentable's listings in 60516 and find your perfect rental today.

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.