Median rent for residential in as of Apr, 2022.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
60 Downers Grove, IL, USA apartments for rent
Downers Grove
Downers Grove, IL has a population of 49,649, while the median age is 43. The household income in Downers Grove, IL is around $85,546. The homeownership rate among the residents is 75%. The median residential property value in Downers Grove, IL that you should keep in mind is $340,200.
| Population | 49,649 |
| Median Age | 43.1 |
| Poverty Rate | 5% |
| Household Income | $85,546 |
| Number Of Employees | 25,356 |
| Median Property Value | $340,200 |
Business & Economy
Wage by Common Jobs
Average salary in Downers Grove, IL: $50,452
- 1. Miscellaneous managers$102,726
- 2. Registered nurses$67,363
- 3. Elementary & middle school teachers$55,831
- 4. Firstline supervisors of retail sales workers$54,223
- 5. Driver/sales workers & truck drivers$48,771
Highest Paid Occupations
Numbers claim that the highest paid jobs in Downers Grove, IL are Management Occupations, Computer & Mathematical Occupations, Computer, Engineering, Science Occupations, Management, Business, Financial Occupations and Life, Physical, Social Science Occupations.
Highest Paid Industries
Keeping in mind that the employment rate changed by 0% recently, there must be a strong understanding of industries people of Downers Grove, IL work in. The highest paid industries are Management of Companies & Enterprises, Finance & Insurance, Professional, Scientific, Technical Services, Professional, Scientific, Management, Administrative & Waste Management Services and Finance & Insurance, Real Estate & Rental & Leasing.
Demographics
Race & Ethnicity
According to latest census, Downers Grove, IL is a home for 88% white residents. The second common group is asian with 6% residents. The list of the most common racial or ethnic groups is closed by black with 3% residents.
Non-English Speakers
Education
Past year Downers Grove, IL universities awarded around 680,400 degrees. Statistics show that the population of students in Downers Grove, IL includes 340,200 female students and 340,200 male students. Downers Grove, IL offers private and public tuition with a median cost of $n/a for private four-year colleges and $n/a for in-state public four-year colleges. The largest university of this city is the Midwestern University-Downers Grove with the majority of graduates. The Universal Spa Training Academy and The University of Aesthetics & Cosmetology hold the second and the third place respectively. The share of the public colleges in Downers Grove, IL is n/a and 100 go to the private colleges.
Universities
- 1. Midwestern University-Downers Grove885 graduates
- 2. Universal Spa Training Academy110 graduates
- 3. The University of Aesthetics & Cosmetology31 graduates
Public vs Private
Health and Safety
Primary care physicians in Downers Grove, IL see an average of 751 patients, dentists 969 patients, metal health providers 394 patients, and other healthcare providers 1,567 patients per year.
Transportation
Commute Time
Average travel time: 27.23 minutes
Commuter Transportation
Citizens of Downers Grove, IL travel to their offices around 27 minutes lately and drove alone to get there. The rest of the residents used public transit and worked at home.
Housing Trends
How much is an apartment in Downers Grove, IL, USA
Average rent in Downers Grove: $1,806 (-24.4%)
| Rent Price | Apr | vs Last Month |
|---|---|---|
| 1 bed rentals | $1,381 | -10.9% |
| 2 bed rentals | $1,862 | -24.8% |
| 3 bed rentals | $2,399 | -7.7% |
Over the Apr 2022, the average rent for an apartment in/near Downers Grove, IL decreased by 24.4% to $1,806.
Breaking it down in details, we now see that the average price for 1-bed apartment stands at $1,381 with no changes this month. Pricing for 2-bed apartment remains the same, a place of this size will still cost you $1,862. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $2,399.
| Rent Type Price | Apr | vs Last Month |
|---|---|---|
| House rentals | $2,324 | -10.6% |
| Condo rentals | $1,480 | -5.2% |
| Townhouse rentals | $1,571 | -15.8% |
| Apartment rentals | $1,866 | N/A |
Looking at the median rent price for an apartment in Downers Grove, IL, you can note that it remains flat with a price tag of $1,866. The median rent for a house is still $2,324 with no significant changes this month. Condo for rent is now available for the same pricing as previously — $1,480. Townhouse rent pricing didn’t change, the price still starts at $1,571.
Rent vs Own
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