Median Age
36 Years
Largest Age Group
15-24 Years
Approximately 15% of Residents
Under 20
28%
Over 65
14%
Avg Rent
$908
Population
11,439
Renter Mix
50% Rent
Summit Argo carries a lot of history for a city of roughly 11,000 people. The name "Summit" dates to 1836 and marks the highest point on the Chicago Portage, the geographic divide between the northeast-flowing Chicago River and the southwest-flowing Des Plaines River. The Argo section, annexed in 1911, takes its name from a cornstarch and baking powder manufacturing plant that once anchored the local economy. That industrial heritage still shapes the city's character today, though many residents now commute into Chicago, about 20 minutes away, for work. The housing stock reflects the city's affordable positioning within the broader Chicago metro area. Renters will find a practical mix of single-family rental homes, modest apartment communities, and smaller multi-unit buildings spread across residential streets. Rents here run well below Illinois averages, making Summit Argo one of the more budget-conscious options for those who want reasonable access to the city without paying Chicago prices. Moraine Valley Community College and Concordia University are both within a short drive, adding an academic presence to the area. Day-to-day life here has a grounded, close-knit feel. The Summit Park District serves as a community anchor, and Chicago Midway International Airport sits just over six miles away, a convenience that is hard to overlook for frequent travelers.
Median Household Income
$53,953
Average: $74,151
Education
1,588
Residents Have a Degree
Job Market
5,053
Workers Employed
Median Age
36 Years
Largest Age Group
15-24 Years
Approximately 15% of Residents
Under 20
28%
Over 65
14%
Housing Distribution
In Summit Argo, there are roughly the same number of renters and homeowners.
Education Distribution
Review this city's overall education levels.
As of August 2026, the average apartment rent in Summit Argo, IL is $908 for one bedroom, and $1,706 for two bedrooms. Apartment rent in Summit Argo has increased by 1.8% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly Summit Argo, IL is for everyday living.
Somewhat Walkable
Walkability
Minimal Public Transit
Transit
Exceptionally Drivable
Drivability
Fairly Bikeable
Bikeability
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.