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Apartments for Rent in Summit Argo, IL 60501

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What to Know About

Life in Summit Argo & Beyond

Summit Argo 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

Summit Argo, IL

As of November 2026, Summit Argo's rental market is stable, with rentals spending about 28 days on the market, about the same as in Illinois (28), and rents up 2.9% over the past year. Summit Argo's average rent is 20.4% ($497) lower than the Illinois average of $2,439 and 4.6% ($94) lower than the U.S. average of $2,036.

Average Rent
$1,942
Monthly ChangeMonth Over Month Change
Increased0.41% ($8)
Yearly ChangeYear Over Year Change
Increased2.9% ($55)
Days on Market
28
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,909 Increased0.31% ($6) Increased5.0% ($91)
2 Beds $2,091 Increased0.35% ($7) Decreased0.7% ($15)
3 Beds $2,419 Increased0.20% ($5) Decreased0.7% ($18)
Nearby Cities Average Rent Avg. Rent vs. Summit ArgoAverage Rent vs. Summit Argo Days on Market
La Grange $2,450 Increased26.2% ($508) 26 days
Justice $1,810 Decreased6.8% ($132) 28 days
Lyons $2,058 Increased6.0% ($116) 28 days
Bridgeview $1,927 Decreased0.8% ($15) 28 days
Brookfield $2,266 Increased16.7% ($324) 28 days
Based on rentals advertised on RentalSource in and around Summit Argo.
Frequently Asked Questions
Summit Argo Rental Market FAQs

Explore rental prices, market conditions, and affordability in Summit Argo, IL.

The average rent in Summit Argo, IL is about $1,942 per month.
In Summit Argo, the average rent is about $1,909 per month for a 1-bedroom apartment, about $2,091 for a 2-bedroom apartment and about $2,419 for a 3-bedroom apartment.
The average rent in Summit Argo is 4.6% ($94) lower than the national average of $2,036 per month.
The rental market in Summit Argo, IL is currently stable, with rentals spending about 28 days on the market, about the same as in Illinois (28), and rents up 2.9% over the past year.
Based on the current averages, a household would need an annual income of about $83,600 to comfortably afford a 2-bedroom apartment in Summit Argo.
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