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Studio Apartments for Rent in Park West, Chicago, IL - 17 Rentals available

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Park West, Chicago, IL Demographics

  • Total Population9,866
  • Female 4,941
    Male 4,924
  • Median Age31

Average Rent in Park West, Chicago, IL

  • Park West, Chicago, IL Average Rental Price, February 2019$1,696/mo

Park West, Chicago, IL Apartment Rent Ranges

  • $701-$1,00014%
  • $1,001-$1,50043%
  • $1,501-$2,00023%
  • > $2,00021%

Park West, Chicago, IL Rent Trends

Average Rent Jan / 2016 May / 2016 Sept / 2016 Jan / 2017 May / 2017 Sept / 2017 Jan / 2018 May / 2018 Feb / 2019
Park West, Chicago, IL $1,546 $1,590 $1,579 $1,584 $1,645 $1,611 $1,663 $1,663 $1,696
National $1,290 $1,319 $1,334 $1,329 $1,354 $1,366 $1,366 $1,381 $1,396
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Park West, Chicago, IL Households

  • Total Number of Households4,815
  • Family 1,651
    Non-family 3,164
  • Children 721
    No Children 4,094
  • Average People Per Household1.96
  • Median Household Income$94,412
  • Median Housing Costs Per Month$1,706

Park West, Chicago, IL Education Statistics

  • No High School1%
  • Some High School8%
  • Some College8%
  • Associate Degree2%
  • Bachelor Degree50%
  • Graduate Degree30%

Renting a studio apartment in Park West, Chicago, IL

Looking to find an efficiency apartment in Park West, Chicago, IL? You’re not the only one. Studio apartments are one of the most searched types of rental housing in Park West, Chicago, IL. They give you the advantage of living in a trendy neighborhood close to work, shopping, dining, entertainment and public transportation while keeping your rent expense at a minimum. In Park West, Chicago, IL you have no less than 9 properties to choose from, offering a total of 17 small apartments. The average rent in Park West, Chicago, IL is currently $1,461, but if you want to spend as little as possible, affordable single bedroom apartments go for as low as $1,195 per month.

Efficiency apartment vs bachelor flat: which one is right for you?

Cheap studios and efficiency apartments normally have the kitchen in the main room, which is a major discouraging factor for renters… But don’t let this scare you away: there are always some exceptions that prove the rule, and it’s worth locating them in Park West, Chicago, IL too. Some newer apartment buildings have very spacious floor-plans with layouts that allow you to divide the sleeping and living space for more privacy and comfort. A few design tricks, like a well-placed mirror, a bookshelf divider and functional space-saving furniture can make all the difference. As a benchmark, keep in mind that, in this neighborhood, apartments offer about 554 Sqft of living space, on average. Be prepared that bachelor flats with a separate kitchen tend to be a bit more expensive than your average one room apartment. If you plan on cooking and eating in a lot, it may be worth spending the extra dollars per month to have your kitchen separate from your bedroom/living area. It all comes down to finding a studio apartment that fits your lifestyle and your personal preferences.