Last updated
Average Rent in Park Ridge 60068 & Rent Trends
Rent prices and market trends across 1 apartment community in Park Ridge 60068, Park Ridge, IL. Updated daily.
Market Average
$3,229/mo
Lowest Available
$2,422/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
9
available now
Price Cuts This Week in Park Ridge 60068
4 listed units across 1 building in Park Ridge 60068 dropped their asking rent in the past 7 days, an average cut of $186/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Park 205 Apartments | Unit 7 | $4,262 | $3,912 | $350 |
| Park 205 Apartments | Unit 6 | $4,002 | $3,687 | $315 |
| Park 205 Apartments | Unit 8 | $4,222 | $4,172 | $50 |
| Park 205 Apartments | Unit 3 | $2,467 | $2,437 | $30 |
Park Ridge 60068 vs Park Ridge, IL Average
Park Ridge 60068 is the same price as the Park Ridge, IL average . The citywide average is $3,229/mo across all neighborhoods.
Is Rent Going Up or Down in Park Ridge 60068?
As of August 2026, the average rent in Park Ridge 60068 is $3,229 per month across 1 apartment community and 9 available units.
The most affordable option is Park 205 Apartments starting at $2,422/mo. By unit type, a 1-bedroom averages $2,827/mo, a 2-bedroom averages $3,550/mo.
Prices range from $2,422 to $4,172 per month. The most common price point is the $2,400 range, where 4 units are currently listed.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Park Ridge 60068
Rent Prices by Apartment in Park Ridge 60068
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Park 205 Apartments | $2,422/mo | $3,229/mo | 9 | 4.1 |
Frequently Asked Questions About Rent in Park Ridge 60068
What is the average rent in Park Ridge 60068?
Is rent going up or down in Park Ridge 60068?
What is the cheapest apartment in Park Ridge 60068?
How much is a 1-bedroom apartment in Park Ridge 60068?
How many apartments are available in Park Ridge 60068?
What salary do I need to live comfortably in Park Ridge 60068?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$129,000/year
Based on the 30 percent rule, using our tracked average rent of $3,229/mo.
Comfortable income
$155,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($2,422/mo), you need to earn at least $97,000/year.
Cost of living in Park Ridge 60068
We only have live rent data for Park Ridge 60068 so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $3,229 |
| Estimated total | $3,229/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.
Google Search Trends for Park Ridge 60068 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Park Ridge 60068 Apartments
Browse all 1 communities with daily-updated pricing and availability.