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Apartments in Richton Park

1 - 4 of 4 Results
27
$1,480 - 2,843
Park Towers Apartment Home
3905 Tower Dr Richton Park, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Balcony/Deck/Patio
1
$1,300
4542 Heartland Dr
Richton Park, IL
2 BR | Ask for Availability
Contact
8
$900 - 925
Carriage Creek
22501 Butterfield Rd. Richton Park, IL
1 - 2 BR | Available Now
Contact
Income Restricted
Section 8
Air Conditioning
Storage
2
$1,200
113 Street
Richardson, IL
1 BR | Ask for Availability
Contact
House
Air Conditioning
Fitness Center
Pool
1 - 4 of 4 Results
  1. Home
  2. Kankakee, IL Area Apartments
  3. Richton Park

How much does it cost to rent an apartment in Richton Park?

Richton Park Apartments
Bed Type Average Rent Range
1BR $1,050 $900 - $1,200
2BR $1,480 $900 - $1,600
Frequently Asked Questions

How many apartments are available in Richton Park, IL on Rentable.co?

Rentable.co has over 302 apartments available in Richton Park.

What is the average rent for a one-bedroom apartment in Richton Park, IL?

The average rent for a one-bedroom apartment in Richton Park is around $1,050 per month.

What is the average rent for a two-bedroom apartment in Richton Park, IL?

The average rent for a two-bedroom apartment in Richton Park is around $1,480 per month.

How expensive is it to rent an apartment in Richton Park, IL?

For a two-bedroom apartment in Richton Park, the average rent price is $1,480 per month, which is lower than the national average of $1,620 per month.

Can I afford an apartment for rent in Richton Park, IL?

Based on average rent prices in Richton Park, to afford a one-bedroom apartment you would need an annual household income of $42,000 to live comfortably.

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Richton Park:
May Rent Report

Welcome to the May 2024 Richton 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 Richton Park rental landscape.

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

Monthly Rent Report

$2,250
$1,690
$1,130
$560
$0
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

Richton Park Rent Prices Increase From April to May

Richton Park rent prices increased over the last month. From April to May, the city experienced a 1.78% increase for the price of a one-bedroom apartment. The rent price for a Richton Park one-bedroom apartments currently stands at $1,371.0.

When we take a look at the two-bedroom comparison from April to May, Richton Park experienced a 0.23% increase for the price of a two-bedroom apartment. The rent price for a Richton Park two-bedroom apartments currently stands at $2,159.0.

May Prices: Richton Park vs. Surrounding Areas

Rent Prices in Richton Park and Surrounding Areas

Rent prices have increased in Richton 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 Richton 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 Richton Park suburbs

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

May 2024 Pricing Trends: Richton 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
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Richton Park Rent Prices More Affordable Than Major Cities

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

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

Data set for Richton 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.

Browse Richton Park Apartments
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Colleges Near Richton Park