Lynwood, IL Rental Market Trends
Highlights
The average rent for an apartment in Lynwood is $815, a 2% decrease compared to the previous year, when the average rent was $832.
Average Rent in Lynwood, IL
Last updated Jul 2019
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $815 | -2% | 703 sq. ft. |
The average size for a Lynwood, IL apartment is 703 square feet, but this number varies greatly depending on apartment type. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Lynwood, IL Apartment Rent Ranges
- $501-$70022%
- $701-$1,00070%
- $1,001-$1,5008%
Lynwood, IL Rent Trends
| Average Rent | Jan / 2016 | May / 2016 | Sept / 2016 | Jan / 2017 | May / 2017 | Sept / 2017 | Jan / 2018 | May / 2018 | Sept / 2018 | Jul / 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Lynwood, IL | $817 | $821 | $828 | $824 | $843 | $831 | $832 | $832 | $825 | $815 |
| National | $1,313 | $1,342 | $1,344 | $1,348 | $1,377 | $1,378 | $1,386 | $1,420 | $1,425 | $1,432 |
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How Does Lynwood Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Chicago | $1,906 | 1% |
| Oak Park | $1,841 | -3% |
| Evanston | $1,930 | 3% |
| Riverdale | $770 | n/a |
| Skokie | $1,579 | 5% |
| Riverdale Town | $770 | n/a |
| Arlington Heights | $1,448 | 1% |
| Calumet City | $866 | -1% |
| Chicago Heights | $815 | -2% |
| Matteson | $1,832 | 5% |
| Lynwood | $815 | -2% |
For more information about the Lynwood rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Lynwood apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.