Beverly / Morgan Park, IL
April 2026
60643,60655,60805
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,428 – $1,547 | -2.94% | 6.67% |
| 2-Bedroom | $1,610 – $1,769 | -5.81% | -4.83% |
| 3-Bedroom | $2,457 – $2,662 | 3.06% | 6.56% |
| 4-Bedroom | $3,030 – $3,221 | 1.32% | 4.09% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,778 – $1,907 | 1.04% | 8.16% |
| 2-Bedroom | $2,088 – $2,239 | 0.70% | 9.02% |
| 3-Bedroom | $2,551 – $2,709 | -3.36% | -0.92% |
| 4-Bedroom | $3,210 – $3,385 | 1.53% | 3.81% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,768 – $1,896 | 1.59% | 6.65% |
| 2-Bedroom | $1,923 – $2,021 | -2.16% | 1.61% |
| 3-Bedroom | $2,371 – $2,631 | 0.75% | 4.28% |
| 4-Bedroom | $2,800 – $3,033 | 2.51% | 6.85% |
In the Beverly / Morgan Park (60643, 60655, 60805) rental market, 1-bedroom condos and townhomes recorded a median rent of $1,843, reflecting an 8.157% year-over-year increase. This segment outpaced both 1BR apartments, which gained 6.67%, and 1BR single-family units, up 6.65% over the same period.
Median rent for 2-bedroom apartments in Beverly / Morgan Park (60643, 60655, 60805) fell to $1,689, down -5.81% month-over-month. This segment trails 2BR condos by $474 and 2BR single-family homes by $283, highlighting relative price weakness among midsized apartment options.
Annual rent growth for 4-bedroom single-family homes reached 6.85%, with median pricing at $2,916. In comparison, 4BR apartments saw a 4.09% increase and 4BR condos rose 3.81%, illustrating how Beverly / Morgan Park (60643, 60655, 60805) rental trends favor larger single-family properties over multifamily alternatives.