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Rental prices in Palmer Square, Chicago, IL have decreased by 8.65% over the past year. The average rent moved from $2,114 to $1,931.
Check out the average rent in Chicago.
The national average price of rental apartments is $1,743, while the average monthly rent in Palmer Square, Chicago, IL is $1,931.
The average monthly rent for an apartment in Palmer Square, Chicago, IL is around $1,931.
A share of 78% of apartments in Palmer Square, Chicago, IL have the cheapest rents between $1,501-$2,000. Around 18% of Palmer Square's apartments have monthly rents between $2,001-$2,500. There are 3% of apartments with rents between $2,501-$3,000.
The largest share of rentals in Palmer Square, Chicago, IL (78%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Renting a house in Palmer Square, Chicago, IL comes with more space, both indoor and outdoor.
Houses for rent in Palmer Square, Chicago, IL are usually located in non-central areas.
In total, Palmer Square, Chicago, IL has 85,589 residents, 43,757 women and 41,832 men, per U.S. Census recent estimates. Statistics show that the median age of Palmer Square’s population is 32.
There is a total of 38,440 households in Palmer Square, Chicago, IL. Of these, 7,771 have children and 30,669 are without children. Per Census Bureau’s most current estimates, 16,733 family households and 21,707 non-family households live in this area. The size of a household in Palmer Square is 2 people, on average. The median household annual income in Palmer Square equals $102,851, and the monthly housing costs equal $1,947.
According to data from the U.S. Census Bureau, 5% of the population in Palmer Square, Chicago, IL have no high school education, 19% went to high-school, and 12% have partially completed college. Moreover, 5% of the population hold an Associate Degree, 37% hold a Bachelor Degree, and 21% hold a Graduate Degree.
You know it’s time for a change, and snatching your dream house might be the perfect way to start. If you’re not sure where to look, we’ll give you a tip. About 25 rental homes are located in Palmer Square, Chicago, IL, ranging in price from $900 to $6,400. Whether you’re looking for duplexes, townhouses or single family homes for rent, you’re sure to find what you need. The average rent for a Palmer Square, Chicago, IL property is about $2,650, but if you’re looking for cheap houses for rent, take a look at 1 bedroom and 2 bedroom properties, which are likely to be more affordable.
Single family homes have long been an attractive option for family oriented people. If you have a big family, 3 bedroom and 4 bedroom properties might be the right fit for you. To find the home of your dreams, don’t forget to use the filters on RentCafe, so you can be sure that you’re not wasting any time looking at properties that don’t interest you. Soon enough you will be enjoying the privacy and comfort of your new home, without any noises coming from the upstairs neighbors. Don’t forget about the added benefit of having a backyard, a safe place for your children and family pet, where you can also try your hand at gardening and, why not, grow your own organic vegetables. Don’t forget to ask your landlord for permission in writing before you make any changes to the landscape. If one of the 25 Palmer Square, Chicago, IL homes for rent is the right one for you, you can apply for a lease online right here on RentCafe.
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