Richton Park, IL Rental Market Trends
Highlights
The average rent for an apartment in Richton Park is $1,065, a 1% increase compared to the previous year, when the average rent was $1,054.
Average Rent in Richton Park, IL
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,065 | 1% | 804 sq. ft. |
The average size for a Richton Park, IL apartment is 804 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. 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.
Richton Park, IL Apartment Rent Ranges
- $701-$1,00055%
- $1,001-$1,50045%
Richton Park, IL Occupied Housing Units
- Renter-occupied Households36%
- Owner-occupied Households63%
1,812 or 36% of the households in Richton Park, IL are renter-occupied while 3,135 or 63% are owner-occupied.
Richton Park, IL Rent Trends
| Average Rent | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Feb / 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
| Richton Park, IL | $951 | $967 | $953 | $966 | $966 | $1,091 | $1,054 | $1,028 | $1,048 | $1,065 |
| National | $1,337 | $1,368 | $1,371 | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 | $1,466 | $1,468 |
How Richton Park Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Chicago | $1,943 | 2% |
| Oak Park | $1,943 | 6% |
| Evanston | $1,945 | 1% |
| Naperville | $1,501 | 5% |
| Aurora | $1,329 | 2% |
| Elgin | $1,147 | 6% |
| Matteson | $1,929 | 5% |
| Lansing | $988 | 5% |
| Hazel Crest | $952 | 2% |
| Richton Park | $1,065 | 1% |
| Chicago Heights | $921 | 13% |
For more information about the Richton Park rental trends, check out our monthly rent report
Check out Illinois Cities, Illinois Neighborhoods and Illinois Zip Codes for more details on verified listings, including the Illinois Average Rent.
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