{"id":5,"date":"2018-04-23T21:00:43","date_gmt":"2018-04-23T21:00:43","guid":{"rendered":"https:\/\/www.renthop.com\/content-manager\/?post_type=studies&p=7956"},"modified":"2018-04-25T21:01:59","modified_gmt":"2018-04-26T01:01:59","slug":"save-on-rent-by-adding-a-little-time-to-your-daily-l-commute","status":"publish","type":"post","link":"https:\/\/www.renthop.com\/research\/save-on-rent-by-adding-a-little-time-to-your-daily-l-commute\/","title":{"rendered":"Save on Rent by Adding a Little Time to Your Daily L Commute"},"content":{"rendered":"
The Chicago \u201cL\u201d is the fourth largest heavy rail rapid transit system in the U.S. As an essential part of most Chicagoans\u2019 lives, the L system, on average, served 740,000 riders each weekday in 2017<\/a>. We at RentHop, therefore, believe that it is our duty to map out the rental data by the L train stop every year to assist in your apartment hunting endeavors.<\/p>\n Some highlights from our study this year include:<\/strong><\/p>\n <\/p>\n ***<\/p>\n In order to calculate the median rent for the map below, we used the RentHop rental data for one-bedroom apartments from January to April 2018 and GIS data for subway stops from data.cityofchicago.org<\/a>. To get accurate prices near the L train stops, we looked first at non-duplicated listings within 0.62 mile of an L train stop. We then calculated the median rent if there were at least 50 unique data points. If not, the radius from the L train stop was increased to 1.24 miles and the data was resampled to ensure enough unique listings were used when calculating the median.<\/p>\n You can use the interactive map to see the current one bedroom rent prices as well as how prices have changed since last year. <\/strong>You can also scroll down for an easy-to-share <\/em>version of this map.<\/em><\/p>\n\n
The Interactive Map Below Shows Chicago Rents by L Train Stop<\/strong><\/h3>\n