Rentometer, Inc. | Data as of 10/22/2025
Park Ridge, a vibrant city in the heart of Illinois, blends suburban charm with easy access to the Chicago metropolitan area. Tree‑lined streets, well‑maintained parks, and a bustling downtown featuring boutique shops, cafés, and cultural venues create a welcoming environment for renters of all ages. The city’s strong school districts, numerous recreational facilities, and convenient public‑transport links make it a top choice for families, professionals, and students alike.
The local rental market offers a balanced mix of apartments and single‑family homes, catering to diverse lifestyle needs. One‑bedroom apartments generally fall in the $1,900‑$2,100 range, with median values around the $1,800 mark, while larger two‑ and three‑bedroom units often sit in the $2,600‑$3,400 and $3,300‑$4,000 brackets respectively. Single‑family homes provide more space at a range of price points: one‑bedroom houses typically rent for about $1,150, three‑bedroom homes hover near $3,300, and larger four‑plus bedroom residences command rates in the $3,900‑$4,100 range. These figures reflect a competitive market that balances affordability with the quality of housing options available in Park Ridge.
Neighborhoods such as the historic West Ridge and the modern Lakeside district each bring unique character, from charming bungalows to contemporary townhouse complexes. Proximity to major highways, Metra stations, and local amenities ensures a convenient commute to downtown Chicago while preserving a peaceful, community‑focused atmosphere. Whether you’re seeking a stylish apartment close to nightlife or a spacious house near top‑rated schools, Park Ridge’s rental landscape offers versatile choices that suit a broad range of preferences and budgets.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,991 | $1,722 | $1,200 - $2,970 | $1,450 - $2,670 |
| Apartment | 2 Bedroom | $2,687 | $2,806 | $846 - $3,745 | $2,095 - $3,415 |
| Apartment | 3 Bedroom | $3,363 | $3,925 | $2,100 - $4,065 | $2,100 - $4,065 |
| House | 1 Bedroom | $1,161 | $1,200 | $685 - $1,600 | $685 - $1,600 |
| House | 3 Bedroom | $3,269 | $3,400 | $2,200 - $5,100 | $2,800 - $3,600 |
| House | 4+ Bedroom | $3,924 | $3,900 | $2,900 - $4,500 | $3,800 - $4,250 |
In the current period, the average rent in Park Ridge was
$1,845 for 1 Bedroom,
$2,687 for 2 Bedroom,
$3,282 for 3 Bedroom, and
$3,871 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.