Find Homes & Apartments for Rent in University Park, IL

1 of 1 rentals
Viewing 1 of 1 rentals in University Park
What to Know About

Life in University Park & Beyond

University 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

University Park, IL

As of April 2025, University Park's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. University Park's average rent is 5.3% ($91) lower than the Illinois average of $1,706 and 9.7% ($173) lower than the U.S. average of $1,788.

Average Rent
$1,615
Monthly ChangeMonth Over Month Change
No change
Yearly ChangeYear Over Year Change
Increased3.5% ($55)
Avg. Days on MarketAverage Days on Market
28
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,229 Increased0.1% ($1) Decreased2.4% ($30)
2 Beds $1,582 Increased0.1% ($1) Decreased2.4% ($39)
3 Beds $1,778 Increased0.1% ($1) Decreased2.5% ($45)
Nearby Cities Average Rent Avg. Rent vs. University ParkAverage Rent vs. University Park Avg. Days on MarketAverage Days on Market
Park Forest $1,429 Decreased11.5% ($186) 29 days
Steger $1,344 Decreased16.8% ($271) 27 days
Richton Park $1,616 Increased0.1% ($1) 29 days
Chicago Heights $1,312 Decreased18.8% ($303) 24 days
Matteson $2,332 Increased44.4% ($717) 27 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
University Park Rental Market FAQs

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

The average rent in University Park, IL is $1,615 per month.
Homes in University Park typically rent for between $860 and $2,311 per month, with an average of $1,615 per month.
In University Park, the average rent for a 1-bedroom home is $1,229 per month, for a 2-bedroom home, $1,582 per month, and a 3-bedroom home is $1,778 per month.
The average rent in University Park is 9.7% ($173) lower than the national average of $1,788 per month.
The average rent in University Park has remained stable in the last month and increased by 3.5% ($55) over the past year.
The rental market in University Park, IL, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In University 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 is currently 1 rental property available in University Park, IL.
Based on the current averages, a household would need an annual income of $63,280 to comfortably afford a 2-bedroom home in University Park.
List Your Property For Rent

Are You a Rental Professional?

Advertise on RentalSource, Zillow, Realtor.com, and Craigslist University Park to attract quality tenants faster and take your listings to the next level.

Was this page helpful?  HelpfulUnhelpful