Rentometer, Inc. | Data as of 10/23/2025
Elmwood Park offers a vibrant rental market that blends suburban charm with easy access to Chicago’s cultural and employment hubs. The city’s well‑maintained neighborhoods feature a mix of modern apartment complexes and classic single‑family homes, making it an attractive choice for young professionals, growing families, and retirees alike. Residents enjoy tree‑lined streets, a variety of local eateries, and community events such as the historic St. Patrick’s Day Parade. Proximity to the CTA Blue Line, Metra’s Union Pacific Northwest Line, and major expressways ensures a smooth commute to downtown Chicago, while nearby amenities like the Elmwood Park Community Center, Forest Preserves, and the historic Elmwood Park Bank Building provide leisure and recreational options just steps from home.
The area’s rental options cater to a broad spectrum of needs and budgets. Studio apartments are typically found in the $1200s, while one‑ and two‑bedroom units often fall within the $1300 to $2000 range. Larger houses, especially those with three or more bedrooms, command rents in the $2500 to $3000 range, reflecting the spacious layouts and family‑friendly features that many renters seek. With well‑rated schools, abundant green spaces, and a welcoming community atmosphere, Elmwood Park remains a sought‑after destination for those looking to balance affordability with convenience in the Chicago metropolitan area.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,223 | $1,212 | $1,175 - $1,295 | $1,175 - $1,295 |
| Apartment | 1 Bedroom | $1,307 | $1,395 | $775 - $1,600 | $1,350 - $1,425 |
| Apartment | 2 Bedroom | $1,866 | $1,950 | $1,549 - $2,100 | $1,549 - $2,100 |
| House | 1 Bedroom | $1,627 | $1,300 | $1,275 - $2,910 | $1,300 - $1,350 |
| House | 2 Bedroom | $2,575 | $2,100 | $1,500 - $5,400 | $2,000 - $2,350 |
| House | 3 Bedroom | $2,979 | $2,955 | $2,100 - $4,200 | $2,595 - $3,200 |
| House | 4+ Bedroom | $3,183 | $3,135 | $2,500 - $4,400 | $3,000 - $3,200 |
In the current period, the average rent in Elmwood Park was $1,197 for Studio, $1,422 for 1 Bedroom, $2,339 for 2 Bedroom, $2,939 for 3 Bedroom, and $3,185 for 4+ Bedroom.
Data provided by Rentometer, Inc.