North Shore rentals stable but Wilmette inventory grows

The inventory of homes and condos available for rent in Chicago's North Shore suburbs has remained relatively flat over the past 6 weeks, but the absorption rate has been slowing. The average listing is now taking 5 weeks to rent versus the 4-week rate we saw just a short while ago.

The number of homes and condos listed for rent in Wilmette – 26 – is the highest level we've seen in the past year. The listings range from a 1-bedroom in downtown Wilmette renting for $870 a month to a 5-bedroom, 3 ½ bath home for $5,300.

Three 3-bedroom, 2-bath homes are currently renting for less than $2,000 a month. The single-family home at 510 Hibbard Rd has hardwood floors, vaulted ceilings, an eat-in kitchen (pictured above) and a walk-out lower level with family room and office. Like quite a few homes in West Wilmette it does not have a garage.

Leave a comment