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Rental prices in Little Italy, Chicago, IL have increased by 7.65% over the past year. The average rent moved from $1,914 to $2,061.
Check out the average rent in Chicago.
The national average price of rental apartments is $1,743, while the average monthly rent in Little Italy, Chicago, IL is $2,061.
The average monthly rent for an apartment in Little Italy, Chicago, IL is around $2,061.
A share of 11% of apartments in Little Italy, Chicago, IL have the cheapest rents between $1,501-$2,000. Around 89% of Little Italy's apartments have monthly rents between $2,001-$2,500.
The largest share of rentals in Little Italy, Chicago, IL (89%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.
The price range of a studio apartment is between $1,730 and $3,168.
The average Little Italy, Chicago, IL studio apartment size is 374 sq. ft.
Studio apartments in Little Italy, Chicago, IL tend to be more affordable than other apartments and they have lower utility costs.
One of the downsides of living in a studio apartment is the limited storage space.
In total, Little Italy, Chicago, IL has 7,100 residents, 3,223 women and 3,877 men, per U.S. Census recent estimates. Statistics show that the median age of Little Italy’s population is 32.
There is a total of 3,113 households in Little Italy, Chicago, IL. Of these, 526 have children and 2,588 are without children. Per Census Bureau’s most current estimates, 1,319 family households and 1,794 non-family households live in this area. The size of a household in Little Italy is 1.47 people, on average. The median household annual income in Little Italy equals $98,506, and the monthly housing costs equal $1,858.
According to data from the U.S. Census Bureau, 5% of the population in Little Italy, Chicago, IL have no high school education, 21% went to high-school, and 16% have partially completed college. Moreover, 4% of the population hold an Associate Degree, 31% hold a Bachelor Degree, and 22% hold a Graduate Degree.
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.jpg?width=480&quality=90 "Open Concept Living Room at The Grand Central Apartments in Chicago, IL 60607")