Park Towers Apartments
3905 Tower Dr,
Richton Park, IL 60471
1-2 Beds | $1,375 - $1,670
Rental Market Trends in Richton Park, IL
Updated September 2026
The average rent in Richton Park, IL is $1,251/month.
Rent in Richton Park is 25% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.
$1,251/month
Average Rent
635 Sq Ft
Average Size
+8.7%
Change / Year
43
Available Apartments
Richton Park rent varies by unit size and layout:
- Studio apartments in Richton Park average per month.
- One-bedroom apartments in Richton Park average $1,251 per month.
- Two-bedroom apartments in Richton Park average $1,508 per month.
- Three-bedroom apartments in Richton Park average $1,899 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Richton Park, IL?
In the past year, rent has increased by 8.7%, which averages out to $109 more per month.
Market Trends Over Time
September 2026
2025
2026
Rent Ranges in Richton Park, IL
September 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
100%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
0%
Above $2,000/month
What salary do I need to live comfortably in Richton Park, IL?
Because the average rent in Richton Park is $1,251, you’ll want to make about $4,170 per month or $50,040 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Richton Park, IL compare to other nearby cities and neighborhoods?
Use the tool below to compare Richton Park, IL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
View the Richton Park Area GuideCompare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
-
Matteson
Avg Rent: $850/month
-
University Park
Avg Rent: $1,265/month
-
Park Forest
Avg Rent: $1,341/month
-
Flossmoor
Avg Rent: $1,423/month
-
South Chicago Heights
Avg Rent: $848/month
Apartment Communities in Richton Park We Think You'll Love
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Frequently Asked Questions
What is the average rent in Richton Park?
The average rent in Richton Park is $1,251 per month, which is 24.9% lower than the national average of $1,665.
What is the average rent for a house in Richton Park?
The average rent for a house in Richton Park, IL is $2,312 per month.
Are rents going up or down in Richton Park?
Rents in Richton Park, IL are increasing, with prices up 8.7% year-over-year and $109 more per month.
What rent range is most common in Richton Park?
In Richton Park, IL, 100% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
Methodology
† 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 September 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.
* Percentages may not total 100 due to rounding.