According to a newly released report from the Institute for Housing Studies, the supply of rental housing affordable to lower-income households in Chicago and suburban Cook County has not kept up with the growing demand.
Between 2007 and 2011, the gap between the supply of and demand for such affordable rental housing in the City of Chicago increased by eight percent. In suburban Cook County, this affordability gap increased by more than 25 percent during the same period.
The newest release of The State of Rental Housing examines this and other trends in the Cook County rental market. Topics covered include characteristics of growing rental demand, the changing nature of the supply of rental housing, and how these dynamics vary in the City of Chicago, suburban Cook County, and in 33 submarkets within the County.
Learn more about The State of Rental Housing in Cook County Report
The Institute for Housing Studies (IHS) is a research center based at DePaul University that provides research and data to inform affordable housing policy and practice.