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303 Apartments for rent in Carol Stream, IL

Last updated February 23 at 2:03am UTC
513 Timber Ridge Drive
Carol Stream
Carol Stream, IL
Updated February 20 at 1:53am UTC
1 Bedroom
$1,150
1475 Oxford St
Carol Stream
Carol Stream, IL
Updated February 16 at 11:23am UTC
3 Bedrooms
$1,600
Results within 1 miles of Carol Stream, IL
1539 Club Drive
Glendale Heights
Glendale Heights, IL
Updated February 9 at 9:55am UTC
3 Bedrooms
$1,725
1106 Camden Court
Glendale Heights
Glendale Heights, IL
Updated February 6 at 2:02am UTC
2 Bedrooms
$1,575
Results within 5 miles of Carol Stream, IL
1044 Chelsea Drive
Bartlett
Bartlett, IL
Updated February 23 at 2:03am UTC
3 Bedrooms
$1,825
515 Main Street
West Chicago
West Chicago, IL
Updated February 23 at 2:02am UTC
2 Bedrooms
$1,450
1220 S Lorraine Rd
Wheaton
Wheaton, IL
Updated February 23 at 1:17am UTC
2 Bedrooms
$1,390
1765 Saint Ann Drive
Hanover Park
Hanover Park, IL
Updated February 22 at 11:42am UTC
3 Bedrooms
$1,850
911 Glenbard Road
Glen Ellyn
Glen Ellyn, IL
Updated February 22 at 11:38am UTC
3 Bedrooms
$2,650
Ringneck Dr
Glendale Heights
Glendale Heights, IL
Updated February 22 at 8:29am UTC
3 Bedrooms
$1,450
Diane Ave
Glen Ellyn
Glen Ellyn, IL
Updated February 10 at 8:33am UTC
2 Bedrooms
$1,745
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Rent Report
Carol Stream

February 2018 Carol Stream Rent Report

Welcome to the February 2018 Carol Stream Rent Report. Carol Stream rents declined over the past month. In this report, we'll evaluate trends in the Carol Stream rental market, including comparisons to cities throughout the metro, state, and nation.

Carol Stream rents declined slightly over the past month

Carol Stream rents have declined 0.2% over the past month, but are up moderately by 2.9% in comparison to the same time last year. Currently, median rents in Carol Stream stand at $1,110 for a one-bedroom apartment and $1,310 for a two-bedroom. This is the second straight month that the city has seen rent decreases after an increase in November of last year. Carol Stream's year-over-year rent growth leads the state average of 1.4%, as well as the national average of 2.6%.

Rents rising across the Chicago Metro

Throughout the past year, rent increases have been occurring not just in the city of Carol Stream, but across the entire metro. Of the largest 10 cities that we have data for in the Chicago metro, 9 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Naperville has the most expensive rents in the Chicago metro, with a two-bedroom median of $1,730; the city has also seen rent growth of 3.8% over the past year, the fastest in the metro.
  • Over the past year, Arlington Heights is the only city in the metro that has seen rents fall, with a decline of 0.4%. Median two-bedrooms there cost $1,440, while one-bedrooms go for $1,220.
  • Elgin has the least expensive rents in the Chicago metro, with a two-bedroom median of $1,180; rents increased 2.9% over the past year but remained flat month-over-month.

Carol Stream rents more affordable than many large cities nationwide

As rents have increased moderately in Carol Stream, a few large cities nationwide have also seen rents grow modestly. Carol Stream is still more affordable than most large cities across the country.

  • Carol Stream's median two-bedroom rent of $1,310 is above the national average of $1,160. Nationwide, rents have grown by 2.6% over the past year compared to the 2.9% rise in Carol Stream.
  • While Carol Stream's rents rose moderately over the past year, many cities nationwide also saw increases, including Houston (+2.7%), Denver (+2.1%), and Philadelphia (+1.9%).
  • Renters will find more reasonable prices in Carol Stream than most large cities. For example, San Francisco has a median 2BR rent of $3,010, which is more than twice the price in Carol Stream.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Chicago $1,070 $1,250 0.2% 1.1%
Aurora $1,110 $1,300 -0.0% 3.0%
Joliet $1,030 $1,210 0.0% 3.0%
Naperville $1,470 $1,730 0.1% 3.8%
Elgin $1,010 $1,180 0.3% 2.9%
Arlington Heights $1,220 $1,440 -0.5% -0.4%
Evanston $1,270 $1,490 -0.3% 0.3%
Schaumburg $1,350 $1,590 0.1% 3.8%
Palatine $1,120 $1,320 -0.2% 2.4%
Des Plaines $1,040 $1,230 0.8% 3.8%
See more

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.