Apartments for Rent in University Park, IL

Prices and availability in University Park, IL were last updated on 4 Jun 2026.

The best apartment in University Park, IL is: Thornwood House Senior Apartments.

The average rent in University Park, IL is $1,460.

The price range for a 1-bedroom apartment in University Park, IL is between $1,190 and $1,305.

In University Park, 36% of the residents are renting compared to 64% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 4% of University Park's rentals, 61% are small-scale complexes with under 50 units, and 28% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in University Park are about 37 years old, on average. Of these, 43% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 6 stories. About 78% of the rental communities here are low-rise, garden-style communities, 45% are mid-rises, and 22% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in University Park come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 50% of the total apartments in the city, while 2-bedroom floorplans represent around 31% of all rentals in University Park. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.