When were prices and availability in University Park, IL last updated?
Prices and availability in University Park, IL were last updated on 24 Feb 2026.
What is the average rent in University Park, IL?
The average rent in University Park, IL is $1,392.
What type of rental buildings are in University Park, IL?
In University Park 39% of the housing is rented out compared to 61% of homes are owned, according to the most recent Census Bureau estimates. 13% of University Park's apartments are found in large buildings of 50 units or more, 53% are located in smaller apartment complexes with less than 50 units, and 28% are single-family rentals.
What do typical apartment communities look like in University Park, IL?
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 University Park are about 35 years old, on average. Of these, 43% 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 6 stories. About 78% of the rental communities here are low-rise, garden-style communities, 45% are mid-rises, and 22% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.
What apartment floorplans are common in University Park, IL?
Rental apartments in University Park come in a range of sizes and floorplans. Studio apartments represent 0% 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 50% of the total apartments in the city, while 2-bedroom floorplans represent around 31% of all rentals in University Park. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.