Last updated
Average Rent in Mount Greenwood & Rent Trends
Rent prices and market trends across 1 apartment community in Mount Greenwood, Chicago, IL. Updated daily.
Market Average
$1,136/mo
Lowest Available
$1,115/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
4
available now
Mount Greenwood vs Chicago, IL Average
Mount Greenwood is cheaper than the Chicago, IL average by $1,993/mo (64%). The citywide average is $3,129/mo across all neighborhoods.
Is Rent Going Up or Down in Mount Greenwood?
As of August 2026, the average rent in Mount Greenwood is $1,136 per month across 1 apartment community and 4 available units.
The most affordable option is Midpointe starting at $1,115/mo. By unit type, a studio averages $1,136/mo.
Prices range from $1,115 to $1,162 per month. The most common price point is the $1,000 range, where 4 units are currently listed.
Rent by Bedroom Type in Mount Greenwood
Rent Prices by Apartment in Mount Greenwood
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Midpointe | $1,115/mo | $1,136/mo | 4 | 4.2 |
Frequently Asked Questions About Rent in Mount Greenwood
What is the average rent in Mount Greenwood?
Is rent going up or down in Mount Greenwood?
What is the cheapest apartment in Mount Greenwood?
How many apartments are available in Mount Greenwood?
What salary do I need to live comfortably in Mount Greenwood?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$45,000/year
Based on the 30 percent rule, using our tracked average rent of $1,136/mo.
Comfortable income
$55,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,115/mo), you need to earn at least $45,000/year.
Median household income in Mount Greenwood is $75,134 , about 38% above the comfortable-living threshold.
Cost of living in Mount Greenwood
Overall prices in Mount Greenwood runs above the national average by about 2% (BEA Regional Price Parity index 102.5, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Mount Greenwood's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,136 |
| Utilities | $477 |
| Groceries | $563 |
| Transportation | $1,138 |
| Healthcare | $555 |
| Other goods and services | $888 |
| Estimated total | $4,757/mo |
Population
2,707,648
Median household income
$75,134
Census median rent
$1,380/mo
Rent as % of income
29.0%
Median age
35.7
Mean commute
34 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Mount Greenwood Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Mount Greenwood Apartments
Browse all 1 communities with daily-updated pricing and availability.