Apartments for Rent in Humboldt Park, Chicago, IL

Humboldt Park, Chicago apartment availability

Humboldt Park's rental market offers a strong selection of listings, with nearly 200 rentals available on average each month. The neighborhood's inventory is diverse, featuring a mix of studio, 1-bedroom, 2-bedroom, and 3-bedroom apartments. Many of these apartments offer desirable amenities, including hardwood floors, which are found in about 62% of rentals. Additionally, over half of the apartments in Humboldt Park are pet-friendly, making it a great option for renters with furry friends. With its varied housing stock and amenities, Humboldt Park is a neighborhood worth considering for those searching for a rental in Chicago.

Humboldt Park, Chicago rental market trends

Humboldt Park's rental market saw a significant increase of 7.5% last year, with the average monthly rent reaching $1,638. Breaking it down by bed count, 1-bedrooms averaged $1,443 per month, a 12.7% increase from the previous year. The average rent for 2-bedrooms was $1,610, while studios averaged $1,176.

The rental market in Humboldt Park tends to peak in the fall, with November typically seeing the highest rent prices, 15.1% higher than January's low. If you're looking for a new apartment, be prepared for more competition during this time. On the other hand, January may be a good time to find a deal, with lower prices and less competition. It's worth noting that the most significant rent increases were seen in 3-bedrooms, which rose by 17.1% over the past year.

Why Humboldt Park, Chicago is a great place to live

Humboldt Park 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 materials, non-toxic paint, and energy-efficient features like low-flow fixtures and rainwater harvesting systems. The neighborhood's commitment to reducing waste is also evident in its waste recycling and composting programs. For those seeking an active social life, Humboldt Park's diverse age distribution, safe streets, and excellent walk score make it an ideal spot. Frequent public transit options and a well-developed street infrastructure further enhance the neighborhood's appeal. With its unique blend of environmental consciousness and community-oriented atmosphere, Humboldt Park is an attractive choice for renters seeking a like-minded community.