Find Homes & Apartments for Rent in Park Ridge, IL

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What to Know About

Life in Park Ridge & Beyond

Park Ridge shares many of the great qualities that make Illinois a desirable place to live.

Illinois is known for its rich cultural heritage, lively urban centers, and beautiful countryside landscapes. Explore the state's cultural heritage by visiting renowned museums such as the Lincoln Presidential Library and Museum, the Field Museum of Natural History, the Museum of Science and Industry, and the Art Institute of Chicago. The state also has a thriving theater and art scene, including the renowned Steppenwolf Theatre Company in Chicago. Illinois is also home to respected universities like the University of Illinois at Urbana-Champaign and Northwestern University.

Outdoor enthusiasts will love the scenic beauty of the Shawnee National Forest and the adventure-filled trails of the Starved Rock State Park. Sports fans will be in their element in Illinois, cheering on the Chicago Bears (NFL), Chicago Blackhawks (NHL), Chicago Cubs (MLB), Chicago White Sox (MLB), and Chicago Bulls (NBA). Experience famous attractions like the Willis Tower, Navy Pier, and the Lincoln Park Zoo. Also, enjoy the musicals and plays at Broadway-in-Chicago, festivals throughout the summer months, and culinary tours of the local restaurants.

With its vibrant cultural scene, exciting entertainment options, and top-notch educational opportunities, Illinois offers a high quality of life, making it a great place to live.

Rental Market Trends

Park Ridge, IL

As of March 2025, Park Ridge's rental market is highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers. Park Ridge's average rent is 61.7% ($1,052) higher than the Illinois average of $1,706 and 54.3% ($970) higher than the U.S. average of $1,788.

Average Rent
$2,758
Monthly ChangeMonth Over Month Change
Increased9.7% ($244)
Yearly ChangeYear Over Year Change
Decreased6.4% ($188)
Avg. Days on MarketAverage Days on Market
24
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $2,310 Increased12.4% ($255) Decreased5.3% ($130)
2 Beds $3,225 Increased0.2% ($7) Increased3.9% ($122)
3 Beds $3,625 Increased0.2% ($8) Increased3.9% ($137)
Nearby Cities Average Rent Avg. Rent vs. Park RidgeAverage Rent vs. Park Ridge Avg. Days on MarketAverage Days on Market
Niles $2,168 Decreased21.4% ($590) 29 days
Des Plaines $2,159 Decreased21.7% ($599) 24 days
Morton Grove $2,661 Decreased3.5% ($97) 28 days
Harwood Heights $1,420 Decreased48.5% ($1338) 27 days
Glenview $2,768 Increased0.4% ($10) 26 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Park Ridge Rental Market FAQs

Explore rental prices, market trends, and availability in Park Ridge, IL.

The average rent in Park Ridge, IL is $2,758 per month.
Homes in Park Ridge typically rent for between $1,617 and $4,713 per month, with an average of $2,758 per month.
In Park Ridge, the average rent for a 1-bedroom home is $2,310 per month, for a 2-bedroom home, $3,225 per month, and a 3-bedroom home is $3,625 per month.
The average rent in Park Ridge is 54.3% ($970) higher than the national average of $1,788 per month.
The average rent in Park Ridge has increased by 9.7% ($244) in the last month and decreased by 6.4% ($188) over the past year.
The rental market in Park Ridge, IL, is currently highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers.
In Park Ridge, IL, the average rental stays on the market for approximately 24 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 11 rental properties available in Park Ridge, IL.
Based on the current averages, a household would need an annual income of $129,000 to comfortably afford a 2-bedroom home in Park Ridge.
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