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104 2 Bedroom Apartments for rent in Westmont, IL

Last updated January 22 at 6:43am UTC
Axis at Westmont
1 Fountainhead Dr
Westmont, IL
Updated January 22 at 1:21am UTC
2 Bedrooms
$1,079
Westmont Village
6715 Lakeshore Dr
Westmont, IL
Updated January 22 at 1:21am UTC
2 Bedrooms
$1,221
15 East Quincy Street
Westmont
Westmont, IL
Updated January 22 at 5:35am UTC
2 Bedrooms
$1,399
118 North Cass Avenue
Westmont
Westmont, IL
Updated January 22 at 5:35am UTC
2 Bedrooms
$1,500
Results within 1 miles of Westmont, IL
TGM Willowbrook
6060 Laurel Lane
Willowbrook, IL
Updated January 21 at 10:34am UTC
2 Bedrooms
$1,425
720 Maple Avenue
Downers Grove
Downers Grove, IL
Updated January 22 at 5:35am UTC
2 Bedrooms
$1,400
735 Franklin Street
Downers Grove
Downers Grove, IL
Updated January 22 at 5:35am UTC
2 Bedrooms
$2,450
6340 AMERICANA Drive
Willowbrook
Willowbrook, IL
Updated January 22 at 5:35am UTC
2 Bedrooms
$1,550
16 2ND Street
Downers Grove
Downers Grove, IL
Updated January 22 at 5:35am UTC
2 Bedrooms
$1,095
Results within 5 miles of Westmont, IL
Prentiss Creek
2110 Prentiss Dr
Downers Grove, IL
Updated January 22 at 1:20am UTC
2 Bedrooms
$1,266
2200 Grace
2200 South Grace Street
Lombard, IL
Updated January 21 at 2:53pm UTC
2 Bedrooms
$1,580
ReNew Downers Grove
2845 Easton St
Downers Grove, IL
Updated January 22 at 12:35am UTC
2 Bedrooms
$1,879
The Hinsdale Apartment Homes
301 W 59th St
Burr Ridge, IL
Updated January 22 at 6:43am UTC
2 Bedrooms
$1,570
Elmhurst Terrace
100 Fellows Ct
Elmhurst, IL
Updated January 22 at 1:20am UTC
2 Bedrooms
$1,102

January 2019 Westmont Rent Report

Welcome to the January 2019 Westmont Rent Report. Westmont rents increased over the past month. In this report, we'll evaluate trends in the Westmont rental market, including comparisons to cities throughout the metro, state, and nation.

View full Westmont Rent Report
Rent Report
Westmont

January 2019 Westmont Rent Report

Welcome to the January 2019 Westmont Rent Report. Westmont rents increased over the past month. In this report, we'll evaluate trends in the Westmont rental market, including comparisons to cities throughout the metro, state, and nation.

Westmont rents increase sharply over the past month

Westmont rents have increased 3.0% over the past month, and are up significantly by 4.6% in comparison to the same time last year. Currently, median rents in Westmont stand at $1,260 for a one-bedroom apartment and $1,490 for a two-bedroom. This is the third straight month that the city has seen rent increases after a decline in September. Westmont's year-over-year rent growth leads the state average of 0.0%, as well as the national average of 0.9%.

Rents rising across the Chicago Metro

Throughout the past year, rent increases have been occurring not just in the city of Westmont, but across the entire metro. Of the largest 10 cities that we have data for in the Chicago metro, 7 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Joliet has the least expensive rents in the Chicago metro, with a two-bedroom median of $1,120; the city has also seen rents fall by 7.4% over the past year, the biggest drop in the metro.
  • Schaumburg has seen the fastest rent growth in the metro, with a year-over-year increase of 4.8%. The median two-bedroom there costs $1,670, while one-bedrooms go for $1,420.
  • Naperville has the most expensive rents of the largest cities in the Chicago metro, with a two-bedroom median of $1,760; rents grew 0.2% over the past month and 1.9% over the past year.

Many large cities nationwide show more affordable rents compared to Westmont

As rents have increased significantly in Westmont, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Compared to most large cities across the country, Westmont is less affordable for renters.

  • Rents increased in other cities across the state, with Illinois as a whole logging rent growth of 0.0% over the past year. For example, rents have grown by 0.4% in Peoria.
  • Westmont's median two-bedroom rent of $1,490 is above the national average of $1,180. Nationwide, rents have grown by 0.9% over the past year compared to the 4.6% rise in Westmont.
  • While Westmont's rents rose significantly over the past year, the city of Baltimore saw a decrease of 0.8%.
  • Renters will generally find more expensive prices in Westmont than most large cities. For example, Peoria has a median 2BR rent of $800, where Westmont is more than one-and-a-half times that price.

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 $1,080 $1,270 -0.0% 1.3%
Aurora $1,120 $1,320 0.7% 1.3%
Joliet $950 $1,120 -7.3% -7.4%
Naperville $1,500 $1,760 0.2% 1.9%
Elgin $990 $1,160 -1.5% -1.5%
Arlington Heights $1,250 $1,470 1.0% 2.1%
Evanston $1,300 $1,530 -0.0% 2.3%
Schaumburg $1,420 $1,670 2.9% 4.8%
Palatine $1,170 $1,370 0.7% 3.8%
Des Plaines $980 $1,150 -5.7% -5.2%
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.