With one of the longest histories in the state, Edwardsville is a true Illinois institution. The 25,000 people who live there are proud of the local history, and take steps to ensure the heritage of the town is preserved as well as possible. There is a historic district on Saint Louis Street that is remarkably well preserved. This impresses many visitors, as the district is more than a mile long, and requires significant upkeep. Edwardsville is also home to the Southern Illinois University Edwardsville. The University draws more than 13,000 students to Edwardsville every year. It also employs 2400 people between academic and administrative positions.
The two best times to look for apartments in Edwardsville are at the end of the spring and fall semesters respectively. So, November and December, and April and May can all yield good results. September is usually the worst time to look in terms of how many apartments will be available.
Apartment applications aren't all that difficult, and yet many people make mistakes when filling them out. The best suggestion when it comes to your apartment applications is to ask questions if you have any. Your landlord will appreciate you being upfront and looking for clarification rather than simply guessing and filling out the form incorrectly.
There isn't any comprehensive system of public transportation available in Edwardsville. However, the community is quite small. The total area of the entire city is only 20 square miles, which means that biking and walking throughout the area is possible for healthy people. If you need to cross to the far edges of town on a regular basis though, you should have a car when living here.
Shenanigans Bar and Grill is probably the most well known local drinking establishment. As the city is part of the greater St. Louis area, many people head into the core of St. Louis for entertainment, especially on the weekend. There, professional sports, great music venues, and a wide array of dining options keep everyone entertained.
Welcome to the December 2023 Edwardsville Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2023 key findings and figures for the Edwardsville rental landscape.
Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Edwardsville 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 Edwardsville average rent prices in the chart below.
Edwardsville rent prices decreased over the last month. From November to December, the city experienced a -9.61% decrease for the price of a one-bedroom apartment. The rent price for a Edwardsville one-bedroom apartments currently stands at $1,382.0.
When we take a look at the two-bedroom comparison from November to December, Edwardsville experienced a 0.17% increase for the price of a two-bedroom apartment. The rent price for a Edwardsville two-bedroom apartments currently stands at $1,779.0.
Rent prices have decreased in Edwardsville 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 Edwardsville 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 Edwardsville suburbs
Rents did not decrease in any of the Edwardsville suburbs.
Rent growth in Edwardsville over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Edwardsville average rent prices appear to be relatively affordable for local residents.
The price for a Edwardsville 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 Edwardsville and surrounding area rent prices, take a look at the complete data set below.
|1 BR December||1 BR M/M % Change||2 BR December||2 BR M/M % Change|
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.