Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
Tinley Park, IL Rental Market Trends
What is the average rent in Tinley Park?
The average rent for an apartment in Tinley Park is $1,216, a 3% increase compared to the previous year, when the average rent was $1,181.
Average Rent in Tinley Park, IL
Last updated April 2021
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,216 | 3% | 859 sq. ft. |
What is the average apartment size in Tinley Park?
The average size for a Tinley Park, IL apartment is 859 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.
Tinley Park, IL Apartment Rent Ranges
- $701-$1,00021%
- $1,001-$1,50077%
- $1,501-$2,0001%
Tinley Park, IL Occupied Housing Units
- Renter-occupied Households31%
- Owner-occupied Households68%
6,652 or 31% of the households in Tinley Park, IL are renter-occupied while 14,618 or 68% are owner-occupied.
Tinley Park, IL Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Apr / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Tinley Park, IL | $1,128 | $1,128 | $1,162 | $1,164 | $1,170 | $1,187 | $1,181 | $1,199 | $1,211 | $1,216 |
| National | $1,317 | $1,348 | $1,357 | $1,361 | $1,393 | $1,400 | $1,401 | $1,391 | $1,393 | $1,399 |
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How Tinley Park Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Chicago | $1,853 | -7% |
| Oak Park | $1,859 | -4% |
| Evanston | $1,936 | n/a |
| Naperville | $1,550 | 3% |
| Aurora | $1,350 | 2% |
| Riverdale | $812 | 5% |
| Arlington Heights | $1,414 | -2% |
| Schaumburg | $1,405 | n/a |
| Lansing | $1,061 | 7% |
| Forest Park | $985 | -4% |
| Tinley Park | $1,216 | 3% |
Most Popular Apartments in Tinley Park
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 Tinley Park 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.