Tinley Park, 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 Tinley Park, Illinois rental market.
Tinley Park, Illinois
Average Apartment Rent
$1,985
Y-o-Y Change in Average
Apartment Rent
4.1%
As of May 2026
Compared to a year ago, Tinley Park, Illinois apartments have recorded a 4.1% rent increase.
Tinley Park, Illinois Average apartment rent trend
Tinley Park, Illinois Average Apartment Rent
Tinley Park, Illinois Apartment rent ranges
At 35.25%, apartments priced $1,500 - $2,000 represent the bulk of Tinley Park, Illinois rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 5.62%.
Tinley Park, Illinois Housing tenure**
Renters take up 13% of Tinley Park, Illinois real estate, occupying a total of 2,745 units, while homeowners live in 19,128 properties.
Median number of rooms of renter-occupied housing units**
4.3
Renter median household income**
$60,496
Average household size of renter-occupied housing units**
2.24
Rental vacancy rate**
6.4%
Tinley Park, Illinois Renter-occupied housing units by no. of bedrooms**
There are 1,387 rentals in Tinley Park, Illinois with 2 beds making up the highest share of the market, at 51%. Units with 4 beds, on the other hand, hold the lowest percentage (2%), amounting to 46 units. Overall, the median number of rooms in Tinley Park, Illinois homes for rent is 4.3.
Tinley Park, Illinois Renter-occupied units by age of householder**
Most condos for rent in Tinley Park, Illinois are occupied by residents in the 25 - 34 years age group (24%), followed by those in the 45 - 54 years age group (17%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 3%.
Tinley Park, Illinois Renter-occupied housing units by family type**
Tinley Park, Illinois Renter-occupied housing units by the presence of own children**
A total of 1,467 apartments for rent in Tinley Park, Illinois, or 53% of all rentals are family households. Additionally, 27% of rental homes include children under the age of 18 – that’s 731 units. All in all, the median size of a renter-occupied household in Tinley Park, Illinois is 2.24.
Tinley Park, Illinois Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 30% of the rental market. In contrast, residents with less than a high school degree reside in 7% of the homes for rent in Tinley Park, Illinois.
Tinley Park, Illinois Renter-occupied units by year structure built**
The highest share of Tinley Park, Illinois apartment rentals, namely 31% or 859 units, were Built 1970 - 1979, followed by those Built 1960 - 1969 (18%, 489 units), and the ones Built 1980 - 1989 (16%, 429 units).
Tinley Park, Illinois Renter-occupied units by year householder moved in**
Median year renter moved into unit 2017
Most Tinley Park, Illinois renters (45%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Tinley Park, Illinois condos for rent is 2017.
Tinley Park, Illinois Renter-occupied housing units by vehicles available**
When it comes to transportation options, 47% of Tinley Park, Illinois renters have 1 vehicle available per household, 37% of them have 2 vehicles available, and 10% have No vehicle available.
Tinley Park, Illinois Means of transportation to work of householders living in renter-occupied housing units**
Tinley Park, 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 Tinley Park, 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
