HOMESTEAD APARTMENTS
443 Sherwood Rd,
La Grange Park, IL 60526
1-2 Beds | $1,550
Rental Market Trends in La Grange, IL
What is the average rent in La Grange, IL?
$1,715/month
Average Rent
724 Sq Ft
Average Apartment Size
+3.9%
Increase in the Last Year
As of December 2024, the average rent in La Grange, IL is $1,715 per month. For comparison, the national average rent price in the US is currently $1,560/month, which means La Grange rent prices are 10% higher than the national average. When you rent an apartment in La Grange, you can expect to pay about $2,262 per month for a studio, $1,715 for a one-bedroom apartment, and around $1,953 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,864 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in La Grange, IL?
In the past year, rent has increased by 3.9%, which averages out to $67 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in La Grange, IL
Last Updated December 2024
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
14%
$700 - $1,000/month
57%
$1,001 - $1,500/month
14%
$1,501 - $2,000/month
14%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in La Grange?
Based on current rent prices, Uptown La Grange is the most affordable neighborhood in La Grange.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in La Grange?
Based on current rent prices, Uptown La Grange is the most expensive neighborhood in La Grange.
Neighborhood
Average Rent
Average Sq Ft
Which La Grange neighborhoods have the most rentals available?
The neighborhood in La Grange with the most apartments available is Uptown La Grange .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in La Grange, IL?
Because the average rent in La Grange is $1,715, you’ll want to make about $5,716 per month or $68,592 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does La Grange, IL compare to other nearby cities and neighborhoods?
Use the tool below to compare La Grange, IL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$2,262/month
$2,262/month
One Bedroom
$2,280/month
$2,280/month
Two Bedroom
$2,891/month
$2,891/month
Three Bedroom
$3,864/month
$3,864/month
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.