Alsip Town, Illinois Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Alsip Town, Illinois rental market.
Alsip Town, Illinois
Average Apartment Rent
$1,441
Y-o-Y Change in Average
Apartment Rent
11.3%
As of May 2026
Compared to a year ago, Alsip Town, Illinois apartments have recorded a 11.3% rent increase.
Alsip Town, Illinois Average apartment rent trend
Alsip Town, Illinois Average Apartment Rent
Alsip Town, Illinois Apartment rent ranges
At 64%, apartments priced $1,000 - $1,500 represent the bulk of Alsip Town, Illinois rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 36%.
Alsip Town, Illinois Housing tenure**
Renters take up 37% of Alsip Town, Illinois real estate, occupying a total of 2,819 units, while homeowners live in 4,864 properties.
Median number of rooms of renter-occupied housing units**
4.2
Renter median household income**
$38,173
Average household size of renter-occupied housing units**
2.03
Rental vacancy rate**
0.6%
Alsip Town, Illinois Renter-occupied housing units by no. of bedrooms**
There are 1,617 rentals in Alsip Town, Illinois with 2 beds making up the highest share of the market, at 57%. Units with 4 beds, on the other hand, hold the lowest percentage (1%), amounting to 23 units. Overall, the median number of rooms in Alsip Town, Illinois homes for rent is 4.2.
Alsip Town, Illinois Renter-occupied units by age of householder**
Most condos for rent in Alsip Town, Illinois are occupied by residents in the 35 - 44 years age group (23%), followed by those in the 45 - 54 years age group (20%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 2%.
Alsip Town, Illinois Renter-occupied housing units by family type**
Alsip Town, Illinois Renter-occupied housing units by the presence of own children**
A total of 1,273 apartments for rent in Alsip Town, Illinois, or 45% of all rentals are family households. Additionally, 29% of rental homes include children under the age of 18 – that’s 805 units. All in all, the median size of a renter-occupied household in Alsip Town, Illinois is 2.03.
Alsip Town, Illinois Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 24% of the rental market. In contrast, residents with less than a high school degree reside in 11% of the homes for rent in Alsip Town, Illinois.
Alsip Town, Illinois Renter-occupied units by year structure built**
The highest share of Alsip Town, Illinois apartment rentals, namely 44% or 1,230 units, were Built 1970 - 1979, followed by those Built 1980 - 1989 (13%, 369 units), and the ones Built 1950 - 1959 (12%, 329 units).
Alsip Town, Illinois Renter-occupied units by year householder moved in**
Median year renter moved into unit 2013
Most Alsip Town, Illinois renters (51%) moved in 2010 to 2017, while only 2% of them moved in 2021 or later. Overall, the median year renters have occupied their Alsip Town, Illinois condos for rent is 2013.
Alsip Town, Illinois Renter-occupied housing units by vehicles available**
When it comes to transportation options, 66% of Alsip Town, Illinois renters have 1 vehicle available per household, 17% of them have 2 vehicles available, and 13% have No vehicle available.
Alsip Town, Illinois Means of transportation to work of householders living in renter-occupied housing units**
Alsip Town, Illinois Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Alsip Town, Illinois apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
