Chicago Average Rent prices by neighborhood and bedroom count – 2016

Hello to all my blog readers out there.
I just completed my year end analysis of Chicago rent prices.
This is my most popular type of analysis with investors.
This report was compiled exclusively for www.773property.com

This analysis is based on data from the MLS.
2016 was another strong year for Chicago rentals.
I analyzed over 18,000 rental transactions!
The report is shown below.

This report shows average rent prices by neighborhood and bedroom count.
The number in parentheses shows the count of units for that cell.
So if you see “$1000 (22)”, it means the average rent was $1,000 and 22 units were rented.

This data is quite interesting.
The average 3 bedroom in the Loop neighborhood is $4,669.
While the average 2 bedroom in the Loop is $2,735.
So if you give up 1 bedroom, you can save almost 2 grand per month.
Another thing to take note of: Loop rents are sky high!

Hopefully you find this information useful.
If you have any questions about real estate, please let me know!

Until the next time,

Mark Killion
Kale Realty
2447 N. Ashland
Chicago, IL 60614

Office: 312-939-5253
Cell: 773-354-6693

Send me a note!

Visit me online: www.773property.com

EQUAL HOUSING OPPORTUNITY

Chicago Average Rent Prices by neighborhood and bedroom count - 2016

Chicago Average Rent Prices by neighborhood and bedroom count – 2016

Chicago Average Rent Prices by neighborhood and bedroom count - 2016

Chicago Average Rent Prices by neighborhood and bedroom count – 2016

Chicago Average Rent Prices by neighborhood and bedroom count - 2016

Chicago Average Rent Prices by neighborhood and bedroom count – 2016

Chicago Average Rent Prices by neighborhood and bedroom count - 2016

Chicago Average Rent Prices by neighborhood and bedroom count – 2016

About Mark Killion

My name is Mark Killion. I am a licensed Real Estate broker in Chicago. I work with Kale Realty. I specialize in rentals and investment properties. I am here to serve you! Send me a note! Visit me online: www.773property.com
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