Find Homes & Apartments for Rent in Elmwood Park, IL

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What to Know About

Life in Elmwood Park & Beyond

Elmwood Park shares many of the great qualities that make Illinois a desirable place to live.

Illinois is known for its rich cultural heritage, lively urban centers, and beautiful countryside landscapes. Explore the state's cultural heritage by visiting renowned museums such as the Lincoln Presidential Library and Museum, the Field Museum of Natural History, the Museum of Science and Industry, and the Art Institute of Chicago. The state also has a thriving theater and art scene, including the renowned Steppenwolf Theatre Company in Chicago. Illinois is also home to respected universities like the University of Illinois at Urbana-Champaign and Northwestern University.

Outdoor enthusiasts will love the scenic beauty of the Shawnee National Forest and the adventure-filled trails of the Starved Rock State Park. Sports fans will be in their element in Illinois, cheering on the Chicago Bears (NFL), Chicago Blackhawks (NHL), Chicago Cubs (MLB), Chicago White Sox (MLB), and Chicago Bulls (NBA). Experience famous attractions like the Willis Tower, Navy Pier, and the Lincoln Park Zoo. Also, enjoy the musicals and plays at Broadway-in-Chicago, festivals throughout the summer months, and culinary tours of the local restaurants.

With its vibrant cultural scene, exciting entertainment options, and top-notch educational opportunities, Illinois offers a high quality of life, making it a great place to live.

Rental Market Trends

Elmwood Park, IL

As of March 2025, Elmwood Park's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Elmwood Park's average rent is 3.6% ($61) higher than the Illinois average of $1,706 and 1.2% ($21) lower than the U.S. average of $1,788.

Average Rent
$1,767
Monthly ChangeMonth Over Month Change
Decreased3.1% ($56)
Yearly ChangeYear Over Year Change
Increased9.1% ($148)
Avg. Days on MarketAverage Days on Market
28
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,249 Decreased1.2% ($15) Increased3.1% ($38)
2 Beds $1,835 Increased0.2% ($4) Increased9.3% ($156)
3 Beds $2,536 Increased1% ($25) Decreased1.6% ($41)
Nearby Cities Average Rent Avg. Rent vs. Elmwood ParkAverage Rent vs. Elmwood Park Avg. Days on MarketAverage Days on Market
River Forest $1,777 Increased0.6% ($10) 24 days
Oak Park $2,590 Increased46.6% ($823) 20 days
Harwood Heights $1,420 Decreased19.6% ($347) 27 days
Melrose Park $1,425 Decreased19.4% ($342) 24 days
Maywood $1,221 Decreased30.9% ($546) 26 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Elmwood Park Rental Market FAQs

Explore rental prices, market trends, and availability in Elmwood Park, IL.

The average rent in Elmwood Park, IL is $1,767 per month.
Homes in Elmwood Park typically rent for between $874 and $3,297 per month, with an average of $1,767 per month.
In Elmwood Park, the average rent for a 1-bedroom home is $1,249 per month, for a 2-bedroom home, $1,835 per month, and a 3-bedroom home is $2,536 per month.
The average rent in Elmwood Park is 1.2% ($21) lower than the national average of $1,788 per month.
The average rent in Elmwood Park has decreased by 3.1% ($56) in the last month and increased by 9.1% ($148) over the past year.
The rental market in Elmwood Park, IL, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Elmwood Park, IL, the average rental stays on the market for approximately 28 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 3 rental properties available in Elmwood Park, IL.
Based on the current averages, a household would need an annual income of $73,400 to comfortably afford a 2-bedroom home in Elmwood Park.
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