How many apartments are available in 60462 on Rentable.co?

Rentable.co has 2 apartments available for rent in 60462.

What is the average rent for an apartment in 60462?

The average rent for an apartment in 60462 is around $1,850 per month.

What is the average rent for a one-bedroom apartment in 60462?

The average rent for a one-bedroom apartment in 60462 is around $1,585 per month.

What is the average rent for a two-bedroom apartment in 60462?

The average rent for a two-bedroom apartment in 60462 is around $1,895 per month.

Apartments in 60462

Orland Park:
May Rent Report

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

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

Monthly Rent Report

$2,250

$1,690

$1,130

$560

Jun. 2023

Jul. 2023

Aug. 2023

Sep. 2023

Oct. 2023

Nov. 2023

Dec. 2023

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

1 BR 2 BR

Orland Park Rent Prices Decrease From April to May

Orland Park rent prices decreased over the last month. From April to May, the city experienced a 0.0% decrease for the price of a one-bedroom apartment. The rent price for a Orland Park one-bedroom apartments currently stands at $1,597.0.

When we take a look at the two-bedroom comparison from April to May, Orland Park experienced a 0.0% decrease for the price of a two-bedroom apartment. The rent price for a Orland Park two-bedroom apartments currently stands at $1,907.0.

May Prices: Orland Park vs. Surrounding Areas

Rent Prices in Orland Park and Surrounding Areas

Rent prices have decreased in Orland Park 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 Orland Park 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 Orland Park suburbs
Rents did not decrease in any of the Orland Park suburbs.

May 2024 Pricing Trends: Orland Park vs. National Comparisons

New York, NY

San Francisco, CA

Washington, DC

Los Angeles, CA

Chicago, IL

Columbus, OH

Minneapolis, MN

Pittsburgh, PA

$4,056

$3,039

$2,377

$2,336

$1,913

$1,300

$1,283

$1,178

$1,350

$2,700

$4,050

$5,400

Median Rent

Orland Park Rent Prices More Affordable Than Major Cities

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

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

Data set for Orland Park and suburbs

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