Elmwood Park, IL has a population of 24,831, while the median age is 40. The household income in Elmwood Park, IL is around $55,772. The homeownership rate among the residents is 67%. The median residential property value in Elmwood Park, IL that you should keep in mind is $235,600.
|Number Of Employees||12,260|
|Median Property Value||$235,600|
Over the Nov 2022, the average rent for an apartment in/near Elmwood Park, IL decreased by 16% to $1,464.
Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 19.1% to $981. Pricing for 2-bed apartment also decreased by 37.2% and a place of this size will now cost you $1,458. 3-bed apartment rent pricing starts at $1,735, it decreased by 35.7% lately. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $2,370 for a big-family home.
The median rent for an apartment in Elmwood Park, IL increased by 34.3% to $1,656. Statistics show that house rent price decreased by 34.2% this month making it up to $1,776. Condos faced an upward trend these days. The median rent for a condo decreased by 34.4%, it’s now available for $1,267. Townhouse rent pricing didn’t change, the price still starts at $1,361.