Apartments for Rent in Avondale, Chicago, IL

Avondale, Chicago apartment availability

Avondale's rental market offers a strong selection of listings, with nearly 300 rentals available on average each month. The neighborhood's inventory is diverse, featuring a mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments, as well as studios. Many of these apartments offer desirable amenities, including hardwood floors, which are found in about 67% of rentals. Additionally, over 62% of Avondale apartments allow pets, making this neighborhood a great option for renters with small pets. With its varied housing stock and pet-friendly atmosphere, Avondale is a popular choice for Chicago renters.

Avondale, Chicago rental market trends

The Avondale neighborhood in Chicago saw a notable increase in rent prices last year, with an average monthly rent of $1,950, representing a 6.5% year-over-year increase. Breaking it down by bed count, 1-bedrooms averaged $1,612 per month, with a 4.9% annual increase, while 2-bedrooms averaged $1,937, with a 3.4% increase. Studios saw a significant 10.8% increase, with an average rent of $1,389.

In terms of seasonality, February typically sees the highest rent prices, with a 5.2% increase compared to August, the month with the lowest rent. If you're looking for a new apartment, August may be a good time to find a deal. On the other hand, if you're looking to rent out a property, February may be the best time to capitalize on higher demand. Understanding these trends can help you navigate the Avondale rental market and make informed decisions.

Why Avondale, Chicago is a great place to live

Avondale is a top choice for renters who prioritize social living and pet ownership. According to data, the neighborhood's pet-friendly features, such as pet waste facilities, ample outdoor space, and pet hospitals, make it an ideal location for animal lovers. Additionally, many apartments in Avondale have pet-safe windows and no breed restrictions, providing a safe and welcoming environment for pets. The neighborhood's social scene is also thriving, thanks to its high walk score, frequent transit options, and strong sense of community, making it easy to get out and about with friends. With its unique blend of pet-friendly amenities and social opportunities, Avondale is a great fit for renters who value both.