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Joliet Apartments For Rent

Joliet actually ranks as the fourth most populous city in Illinois, with some 106,000 people, but is an integral part of the much larger Chicago metropolitan area, home of some nine and half million people. Joliet was once a major manufacturing city, but went into steep decline in the 1970s and 1980s and has steadily been reborn as a suburb of Chicago.

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One of the keys to Joliet's revival has been casino gambling, which has allowed the city to invest heavily in its infrastructure and community. Ninety percent of Joliet's casino profits are reinvested into the community and Joliet has been one of the fastest growing cities in the United States since the late 1990s and remains one today.

Today Joliet is primarily a suburb community with excellent schools and a reorganized infrastructure that takes into account the fact that most of the city’s residents commute to other parts of the Chicago metropolitan area for work. Roughly twenty five percent of the residents rent in Joliet, but this number has been expanding over the last decade and is projected to continue doing so, with new property developments underway even during the current recession. Because Joliet has become a desirable suburban place to live, rents are considerably higher than some other parts of the metropolitan area, but considerably less than those in downtown Chicago.

Using a series of federal, state and local programs, Joliet has embarked on an aggressive campaign to provide affordable housing within the city limits as well as using its resources to rehabilitate older buildings and wipe out urban blights (slums, graffiti, etc.). This effort, the 2005 Consolidated Plan, concludes at the end of 2010, but has been largely successful in its efforts to make Joliet a safe and comfortable place to live. Although the emphasis is still on private homes, as the greater metropolitan area continues to expand and more and more people try to relocate to Joliet, the number of apartments for rent is bound to increase as well.