The average monthly rent of apartments in Park City, IL is $1,119.
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Rental prices in Park City, IL have increased by 5.57% over the past year. The average rent moved from $1,060 to $1,119.
Compared to the national average rent of $1,740, the average rent in Park City, IL is $1,119.
The average monthly rent of apartments in Park City, IL is $1,119.
Around 75% of Waukegan’s apartments are in the $1,001-$1,500 price range. 25% of apartments are priced ≤ $1000.
The largest share of rentals in Park City, IL (75%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in Park City, IL is $1,243.
In Park City, 37% of the residents are renting compared to 63% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 6% of Park City's rentals, 56% are small-scale complexes with under 50 units, and 5% are single-family rentals.
The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Park City are about 44 years old, on average. Of these, 3% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 4 stories. About 80% of the rental communities here are low-rise, garden-style communities, 13% are mid-rises, and 7% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.
Rental apartments in Park City come in a range of sizes and floorplans. Studio apartments represent 2% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 44% of the total apartments in the city, while 2-bedroom floorplans represent around 47% of all rentals in Park City. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.
Park City, Illinois, is strategically situated in the northeastern part of the state, approximately 40 miles from Chicago and close to the shores of Lake Michigan. This proximity to one of America's largest cities and a significant natural landmark makes Park City an appealing place for those who appreciate a quieter residential area with convenient access to urban amenities. The local economy benefits from a diverse range of sectors, including retail, healthcare, and manufacturing, which draw a dynamic mix of renters to the area.
Park City is home to several well-maintained parks and recreational areas, such as the Greenbelt Forest Preserve, offering miles of trails and outdoor activities which are ideal for families and outdoor enthusiasts. The city has a modest arts scene with local galleries and nearby venues in larger towns that showcase regional art and performances.
Historically, Park City doesn't have a dense concentration of historical landmarks but its development is closely tied to the growth of the surrounding county, offering a suburban charm with a touch of historical relevance. The neighborhoods are varied, catering to a range of lifestyles and preferences from quiet suburban enclaves to more active areas.
The local cuisine in Park City features a mix of traditional American fare along with diverse options including Mexican and Italian restaurants. The city's proximity to Chicago also means that world-renowned Chicago-style pizza and hot dogs are never far away.
Educational opportunities in Park City are aligned with the Waukegan Community Unit School District 60, which provides a range of educational resources and programs to residents, enhancing the family-friendly appeal of the area.
Park City offers a variety of rental options ranging from single-family homes to apartments and townhouses. The architectural styles reflect a blend of modern and traditional designs, with some neighborhoods featuring newer developments that offer contemporary living spaces.
The neighborhoods of Park City vary significantly, giving potential renters options depending on their lifestyle needs. Areas closer to the Greenbelt Forest Preserve are popular among those who prefer a quiet environment and outdoor activities, whereas regions closer to the main highways appeal to those who commute to Chicago or nearby cities.
Typical rental properties include modest townhomes in serene neighborhoods, ideal for families or individuals looking for a peaceful setting. In contrast, modern apartment complexes near major roadways offer convenient access for young professionals who may work in Chicago or other nearby cities.
Shopping options in Park City include several convenient shopping centers like Fountain Square of Waukegan, which houses a variety of stores from national retail chains to local businesses. For a more unique shopping experience, nearby Waukegan offers downtown shopping districts with specialty shops and boutiques.
Common grocery stores such as Aldi and Walmart are readily available for daily needs, and local retail brands add to the mix, providing residents with a range of shopping choices without needing to travel far from home.
Public transportation in Park City is primarily facilitated through the Pace Suburban Bus Service, which offers routes connecting to various parts of the city and neighboring areas, including direct routes to Chicago. The service also provides apps for easy navigation and payment, enhancing the commuting experience.
For regional and international travel, the nearby Waukegan National Airport and Chicago's O'Hare International Airport serve Park City residents, offering both domestic and international flights. While Park City itself does not have ferry services, the extensive road network and available public transit make it easy to access the broader transportation options in the region.
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