Skokie, IL average rental price, July 2023
The average monthly rent of apartments in Skokie, IL is $1,830.
Skokie, IL apartment rent ranges
About 53% of apartment rents in Skokie, IL range between $1,501-$2,000. Meanwhile, apartments priced over > $2,000 represent 22% of apartments. Around 23% of Skokie’s apartments are in the $1,001-$1,500 price range. 1% of apartments are priced between $701-$1,000.
In Skokie 28% of the housing is rented out compared to 72% of homes are owned, according to the most recent Census Bureau estimates. 12% of Skokie’s apartments are found in large buildings of 50 units or more, 77% are located in smaller apartment complexes with less than 50 units, and 11% are single-family rentals.
What do typical apartment communities look like in Skokie, IL?
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 Skokie are about 40 years old, on average. Of these, 30% 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 8 stories. About 56% of the rental communities here are low-rise, garden-style communities, 14% are mid-rises, and 30% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.
What apartment floorplans are common in Skokie, IL?
Studio apartments in Skokie are around 2% of rentals, while 1-bedroom floor plans represent 47% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 47% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.
Renter's guide to Skokie, IL
Skokie is an upscale community located within the northwest suburbs of Chicago, IL. Sitting approximately 15 miles away from the center of the Windy City, this well-kept section of suburbia is widely considered one of the best places to live in all of Illinois!
Though part of the vast Cook County region, this is a smaller city that covers only 10 square miles. However, there is a whole lot here, from nice neighborhoods, to noteworthy schools, and much more… Other exceptional areas also border this community, with Evanston to the east, Morton Grove to the west, Wilmette to the north, and Lincolnwood to the south.
The weather in Skokie is typical of the Great Lakes Midwest region. While summers are sunny, warm, and sometimes wet, winters are somewhat long and cold. Throughout the year, temperatures regularly range from 20°F to 90°F. Yet, the average high is around 85°F with the lows averaging in the mid thirties.
Tips for renting in Skokie, IL
For people who are considering renting in Skokie, scoping out the community in person is a smart place to start. Seeing the various neighborhoods and surroundings will be helpful for selecting a suitable section of the city to live. Perhaps being near a particular workplace, school, or public transportation is necessary or preferable. Though general info about any city can be found online, nothing really compares to a first-hand visit.
Furthermore, when searching for a rental in Skokie, be sure to view every potential place in person as well. And try to do so during the day because that way you'll get a good look at the interior and exterior. This will also provide an opportunity to ask the landlord or manager any questions you might have.
Lastly, be sure to learn about your renter's rights in this region before entering into an agreement and signing a contract. Laws can differ from state-to-state, so reviewing rental laws in Illinois will better prepare you for living in the lovely city of Skokie!
Living in Skokie, IL
The modestly sized population here (below 70,000) is made up of mostly young professionals and retirees. So, there are amenities to accommodate residents of all ages living in Skokie, whether around the corner or just 10 minutes across town. It's also considered a comfortable and safe community with generally kind people and regularly patrolled neighborhoods, resulting in low crime rates.
Among the few potential downsides of living in Skokie could be the occasional traffic congestion from being a busy city. For instance, the average commute is 30-minutes, which is longer than the state and US average. Yet, this is also a bicycle friendly city, so that may be another transportation option for some people, which can help save money and the environment!
Things to do in Skokie, IL
Thanks to the location and having an active economy, there are plenty of things to do in Skokie. From fine restaurants and shopping, to museums, water playgrounds, and more… The community also hosts fun annual festivals as well as free live entertainment at the Sunday Sundown Concerts in Devonshire Park during the summer season. Of course, downtown Chicago is always a short distance away and a great place to spend the day or night!
Furthermore, this city is a section of the popular region known as the North Shore, which means Lake Michigan isn't too far. More precisely, it's 20 miles away and less than 30 minutes by car. In fact, it's even possible to reach the Great Lake by water via the North Shore Channel. Yet nature and other recreational activities can also be enjoyed right here at home with a large number of parks in Skokie as well as other community facilities.
Skokie, IL employment & economy
Since this is a bustling city with a variety of businesses, there are certainly some possibilities for employment in Skokie. In fact, the area employs approximately 31k people, with the largest industries being healthcare & social assistance, educational services, and retail trade. Moreover, some of the highest paying jobs here are utilities and company management along with scientific and technical services.
Manufacturing is also big in this area and a few local companies that employ many people are Federal-Mogul and Forsythe Industries. Other potential job opportunities in Skokie include working for the transportation authority or the village. There are often openings in public service & administration, including the park district.
Furthermore, residents can commute to nearby communities for work via the convenient Interstate 94 Edens Expressway that spans Skokie's western edge. Another option could be working from home, as over 5% of people do here, which is higher than the national average.
Education in Skokie, IL
You will find a number of well-rated public schools in Skokie. More precisely, there are 15 of them that residents are eligible to attend, ranging from pre to high school. In fact, Skokie schools recently made the elite list on US News Best High Schools 2019! In addition, this area is home to 34 various private schools for primary education.
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