Apartments for Rent in Bridgeport, Chicago, IL

Bridgeport, Chicago apartment availability

Bridgeport's rental market offers a good selection of listings, with an average of 66 rentals available each month in 2024. The neighborhood's inventory is diverse, featuring a mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments, with a smaller number of studios. Many of these apartments offer desirable amenities, including hardwood floors, in-unit laundry, and on-site laundry facilities. Specifically, 45% of apartments feature hardwood floors, while 41% offer in-unit laundry and 53% provide on-site laundry. This range of amenities and apartment types makes Bridgeport a viable option for renters with varying needs and preferences.

Bridgeport, Chicago rental market trends

The Bridgeport neighborhood in Chicago saw a significant increase in rent prices last year, with an average monthly rent of $1,709, representing a 13.9% year-over-year increase. Breaking it down by bed count, 1-bedrooms averaged $1,402 per month, a 11.5% annual increase, while 2-bedrooms averaged $1,650, a 13% increase. The average rent for a 3-bedroom was $1,926, reflecting a substantial 21.5% year-over-year increase. Studios, on the other hand, saw a decline in rent, averaging $1,026 per month, a 16.2% decrease from the previous year.

Rent prices in Bridgeport tend to peak in the summer, with July typically being the most expensive month, 16.8% higher than the lowest month, March. If you're looking for a new apartment, be prepared for more competition during the summer months. Conversely, searching for an apartment in the spring, particularly in March, may result in more affordable options. Keep in mind that the rental market can fluctuate, and prices may vary depending on the specific location, amenities, and time of year.

Why Bridgeport, Chicago is a great place to live

Bridgeport is a top choice for renters prioritizing social living and environmental sustainability. According to 2024 data, Bridgeport's focus on eco-friendly features, such as non-toxic paint, waste recycling, rainwater harvesting, and sustainable materials in construction, make it an ideal neighborhood for those seeking an environmentally conscious lifestyle. The area's walk score, transit score, and access to parks and recreation also support a reduced carbon footprint. Additionally, Bridgeport's social scene thrives due to its high neighborhood population, well-developed street infrastructure, frequent transit options, and strong safety record, making it easy to get out and connect with friends and community.