Foreclosure Homes in Park Ridge, IL

Buyer vs Seller Market in Park Ridge, IL

Median home value: $583,820 as of 2026-05-14.

Median rent: $2,470 as of 2026-05-14.

Home values: +1.87% MoM, +6.89% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Rent Prices In Park Ridge, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Park Ridge, IL, is on a rollercoaster ride. The average rent price in Park Ridge, IL, is $2,493.00. Indeed, when looking to rent in Park Ridge, IL, you can expect to pay as little as $780.00 or as much as $4,540.00, with the average rent median estimated to be $2,470.00. The good news is that finding an affordable and desirable property to rent in Park Ridge, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.