Average Rent in Park Ridge, IL
1 apartment buildings, 10 units. Real asking prices, refreshed daily.
Avg Rent
$3,414/mo
market average
Cheapest
$2,807/mo
Park 205 Apartments
Properties
1
tracked daily
Units
10
available now
Park Ridge, IL Resident Access
City Club members share insider gate codes, parking links, and amenity tips.
Analysis
Rent Price Breakdown
Compare pricing across all 1 properties in Park Ridge, IL.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Park Ridge, IL Rent Prices
All 1 properties ranked by lowest available rent.
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Park 205 Apartments 205 W Touhy Ave, Park Ridge, IL 60068, USA | $2,807 | $3,414 | $3.43 | 4.1 (55) | 10 |
Explore Each Property
Park Ridge, IL Average Rent Prices 2026
The average rent in Park Ridge, IL is $3,414 per month, based on 10 units across 1 apartment communities. Prices range from $2,807 at Park 205 Apartments to $2,807 at Park 205 Apartments.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| 1 Bed | $3,120/mo | $2,807/mo | 5 |
| 2 Bed | $3,708/mo | $2,822/mo | 5 |
Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
What salary do I need to live comfortably in Park Ridge, IL?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$137,000/year
Based on the 30 percent rule, using our tracked average rent of $3,414/mo.
Comfortable income
$164,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($2,807/mo), you need to earn at least $112,000/year.
Cost of living in Park Ridge, IL
We only have live rent data for Park Ridge, IL so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $3,414 |
| Estimated total | $3,414/mo |
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 are refreshed annually.
Compare
Nearby cities in Illinois
How Park Ridge, IL rent compares to other markets in the state.
| City | Avg Rent | vs Park Ridge, IL | Properties |
|---|---|---|---|
| Chicago, IL | $3,482 | +2% | 31 |
| Aurora, IL | $2,178 | -36% | 14 |
| Schaumburg, IL | $2,186 | -36% | 12 |
| Rockford, IL | $1,336 | -61% | 11 |
| Peoria, IL | $1,356 | -60% | 11 |
| Springfield, IL | $1,269 | -63% | 10 |
Frequently asked questions
What is the average rent in Park Ridge, IL?
The average rent in Park Ridge, IL is $3,414 per month, based on 10 units across 1 apartment buildings tracked by Average Rent. Prices are refreshed daily.
What is the cheapest apartment rent in Park Ridge, IL?
The lowest available rent in Park Ridge, IL starts at $2,807 per month. Availability changes daily and prices are refreshed each morning.
How much is a 1-bedroom apartment in Park Ridge, IL?
1-bedroom apartments in Park Ridge, IL average $3,120/mo. The lowest listed 1-bedroom starts at $2,807/mo across 5 units tracked.
How much is a 2-bedroom apartment in Park Ridge, IL?
2-bedroom apartments in Park Ridge, IL average $3,708/mo. Units start from $2,822/mo across 5 units currently listed.
Rent Trends in Park Ridge, IL
Track how apartment prices are changing over time.
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