Chicago, IL Rent Trends

Rank #7, last updated June 26

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To calculate the apartment rental trends in each city or neighborhood, ApartmentAdvisor evaluates thousands of available apartment listings in a given market and updates this information daily.

What is the average rent in Chicago?

The average rent of a studio apartment in Chicago, IL is $1,895. The average rent of a 1-bedroom in Chicago, IL is $2,400. The average rent of a 2-bedroom in Chicago, IL is $2,800. The average rent of a 3-bedroom in Chicago, IL is $3,295.

Studio

$1,895


1 bed

$2,400


2 beds

$2,800


3+ beds

$3,295

Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.

Rent Prices Over Time in Chicago

Apartment Rent Ranges in Chicago

The monthly rent for apartments in Chicago, IL ranges from $600 to $4,200+.

$600 - $1,500

$1,500 - $2,400

$2,400 - $3,300

$3,300 - $4,200

$4,200+

What is the average apartment size in Chicago?

The average size of a Chicago, IL apartment is 804 square feet, while the median apartment size for Chicago, IL is 742 square feet. However, square footage varies based on unit type. Most rentals in Chicago, IL (39.18%) are 1 bedroom apartments, while the fewest (12.11%) are 3+ bedroom apartments. Meanwhile, 2 bedroom apartments account for 25.73%, and studio apartments make up 22.98%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

What is the average rent for various neighborhoods in Chicago?

Studio1 bed2 beds3+ beds
Albany Park*$1,617$1,750$2,750
Auburn Gresham$1,240$1,025$1,430$1,800
Austin$829$1,300$1,350$1,800
Bridgeport**$1,750$2,200
Chatham*$1,200$1,375$1,700
Chicago Lawn$900$1,238$1,225$1,900
Douglas**$2,353$3,295
East Garfield Park**$1,695$2,000
Edgewater$1,400$1,789$2,323$3,220
Englewood**$1,650$1,800
Grand Boulevard$1,111*$1,625$2,300
Greater Grand Crossing**$1,500$1,800
Humboldt Park$1,395$1,895$1,923$2,400
Hyde Park$1,213$1,730$2,200$3,116
Irving Park$1,325$1,598$1,995$3,100
Kenwood$1,373$1,563$1,955*
Lake View$1,665$2,195$3,200$4,495
Lincoln Park$1,855$2,450$3,450$4,250
Lincoln Square$1,474$2,017$2,395$2,400
Logan Square$1,545$2,095$2,495$3,200
Lower West Side*$1,600$1,899$2,998
Morgan Park*$1,353$2,767$2,900
Near North Side$2,439$3,050$4,448$6,500
Near South Side$2,050$2,476$3,265$3,695
Near West Side$2,359$2,949$3,755$4,699
North Center*$1,998$2,500$3,750
North Lawndale**$1,575$1,875
Portage Park$1,273$1,500$1,900$3,375
Rogers Park$1,350$1,600$2,025$2,750
South Chicago**$1,275$1,600
South Lawndale**$1,400$1,700
South Shore$1,000$1,148$1,395$1,500
Uptown$1,645$1,915$2,912$3,625
Washington Park*$1,200$1,423$1,950
West Englewood**$1,460$1,625
West Ridge$1,300$1,550$1,850$2,328
West Town$2,306$2,650$3,250$4,000

Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.

* Insufficient data to calculate value

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