Apartments for Rent in East Garfield Park, Chicago, IL

East Garfield Park, Chicago apartment availability

East Garfield Park's rental market offers a good selection of listings, with an average of 64 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 the latter being the most prevalent. Many of these apartments offer desirable amenities, including on-site laundry, hardwood floors, and assigned parking. Specifically, about half of the apartments have on-site laundry, while nearly half feature hardwood floors. Assigned parking is also available in about a third of the apartments. This range of amenities and apartment types makes East Garfield Park a viable option for renters with varying needs and priorities.

East Garfield Park, Chicago rental market trends

East Garfield Park's rental market saw a notable increase of 8% last year, with average monthly rents reaching $1,616. 1-bedrooms experienced a significant annual increase of 28%, now averaging $1,304 per month. The average rent for a 2-bedroom is around $1,598, while studios average $1,056, reflecting a substantial 38% year-over-year increase.

Rents in East Garfield Park tend to peak in November, with prices 11% higher compared to January, the month with the lowest average rent. If you're searching for a new apartment, be prepared for more competition during the fall season. Conversely, January may be a good time to find a more affordable option, with lower demand and prices. Keep in mind that the rental market can fluctuate, but understanding these trends can help you navigate your apartment search in East Garfield Park.

Why East Garfield Park, Chicago is a great place to live

East Garfield Park is a top choice for renters prioritizing social living and environmental sustainability. According to 2024 data, the neighborhood's focus on eco-friendliness is reflected in its use of non-toxic paint, waste recycling and composting programs, and incorporation of sustainable materials in construction. The area's walk score and access to parks and recreation also make it an attractive option for those seeking an environmentally conscious lifestyle. Additionally, East Garfield Park's social scene is enhanced by its street infrastructure, walk score, and transit frequency, making it easy for residents to connect with others in the community. With a mix of ages in the neighborhood, there's a sense of diversity and inclusivity, adding to its appeal for those valuing social connections. Overall, East Garfield Park offers a unique blend of eco-awareness and community engagement.