Apartments for Rent in Englewood, Chicago, IL

Englewood, Chicago apartment availability

Englewood's rental market offers a good selection of listings, with an average of 77 rentals available each month in 2024. The neighborhood's inventory is comprised mostly of 2-bedroom and 3-bedroom apartments, with a smaller selection of 1-bedroom and studio units. Many of these apartments feature desirable amenities, including hardwood floors, found in 29% of listings, and on-site laundry, available in 33% of rentals. Some apartments also offer outdoor space, a bonus for renters who value fresh air and a connection to nature. With its varied housing stock and range of amenities, Englewood is a neighborhood worth considering for renters looking for a new home in Chicago.

Englewood, Chicago rental market trends

Englewood's rental market saw a significant increase of 12.3% last year, with the average monthly rent reaching $1,379. Broken down by bed count, 1-bedrooms averaged $1,095 per month, a 7% annual increase, while 2-bedrooms averaged $1,299, a substantial 19.7% increase. The average rent for 3-bedrooms was $1,524, up 14% from the previous year, and studios averaged $1,050, a relatively modest 0.5% increase.

The rental market in Englewood tends to fluctuate throughout the year, with December typically seeing the highest rents, 24.2% higher than February, the month with the lowest rents. If you're looking for a new apartment, be prepared for more competition during the winter months, particularly in December. Conversely, February may be a good time to find a deal, as prices are generally lower. Keep in mind that the rental market can be unpredictable, and it's essential to stay informed to find the best fit for your needs and budget.

Why Englewood, Chicago is a great place to live

Englewood is a haven for renters prioritizing environmental sustainability and a vibrant social life. With a strong focus on eco-friendly living, many apartments in the area incorporate sustainable features such as non-toxic paint, waste recycling, and rainwater harvesting. The neighborhood's numerous parks and recreation spaces, community solar projects, and emphasis on sustainable materials in construction also contribute to its green credentials. Additionally, Englewood's excellent walk score and access to public transportation make it easy to get around without a car. For those seeking an active social life, the area's diverse neighborhood age distribution, safe streets, and frequent transit options create a lively atmosphere. If you value living in harmony with the environment and being part of a dynamic community, Englewood is an excellent choice.