Apartments in Park Ridge

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$2,711
Park Ridge, IL
2 BR | Available Now
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Dog Friendly
Cat Friendly
In Unit Laundry
Dishwasher
32
3D Tour
$2,711 - 2,745
500 N Northwest Hwy Park Ridge, IL
2 BR | Available Now
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Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
1
$1,750
1700-1704 Touhy Ave Park Ridge, IL
2 BR | Feb. 17, 2026
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13
$1,950
Park Ridge, IL
2 BR | Available Now
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Cat Friendly
Storage
Dishwasher
1
$1,995
Park Ridge, IL
2 BR | Available Now
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In Unit Laundry
Storage
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How much does it cost to rent an apartment in Park Ridge?

Park Ridge Apartments
Bed Type Average Rent Range
2BR $2,000 $1,750 - $2,750

Search Cities Near Park Ridge, IL

Park Ridge:
February Rent Report

Welcome to the February 2026 Park Ridge Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the February 2026 key findings and figures for the Park Ridge rental landscape.

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

Monthly Rent Report

$2,700
$2,030
$1,350
$680
$0
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
Jul. 2025
Aug. 2025
Sep. 2025
Oct. 2025
Nov. 2025
Dec. 2025
Jan. 2026
Feb. 2026
1 BR       2 BR

Park Ridge Rent Prices Decrease From January to February

Park Ridge rent prices decreased over the last month. From January to February, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Park Ridge one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from January to February, Park Ridge experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Park Ridge two-bedroom apartments currently stands at $.

February Prices: Park Ridge vs. Surrounding Areas

Rent Prices in Park Ridge and Surrounding Areas

Rent prices have decreased in Park 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 Park 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 Park Ridge suburbs

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

February 2026 Pricing Trends: Park Ridge vs. National Comparisons

Park Ridge Rent Prices More Affordable Than Major Cities

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

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

Data set for Park Ridge and suburbs

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