Wednesday, October 14, 2015

Top 10 Most and Least Expensive Illinois Cities for Renters

If you're in the market for a new place and are looking to rent, the cities in which you're searching can make a big difference on the amount you shell out each month.

Zumper, an apartment rental website, says the median rent for a one-bedroom apartment in Illinois is $1,090 as of October. The report also shows which cities currently have the most and least expensive rental markets.

Considering cost-of-living, it's no surprise renters are paying the most in Chicago and the surrounding suburbs. In Chicago, the median rent for a one-bedroom apartment is $1,980, nearly $900 more than the statewide median. Compared to the rest of the U.S., that's the seventh most expensive rental market.

2015-10-14-1444837657-4784302-Top10CitiesOctober20151.png


More from Zumper:

Compared to the rest of the most populous cities, Chicago's median rent stands out as significantly more expensive than the rest. Naperville is the second most expensive city on this list and its rent is still $680 less expensive than Chicago. Aurora, the second most populous city in Illinois, has a median rent that is over $1,000 less expensive than Chicago's.

Seven of the ten most populous cities in Illinois have rents below the state median's, so affordability does exist in the larger regions here.


Here are the Top 10 cities in Illinois with the most and least expensive rental markets.

NEXT ARTICLE: Awkward Family Photos exhibition comes to Illinois

-- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.



from Chicago - The Huffington Post http://ift.tt/1QsBq3j
via IFTTT

No comments:

Post a Comment