Chicago, IL Rent Trends

Rank #14, last updated June 20

Need help setting rent prices for your property? Try our free rental pricing tool here.

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 $1,480. The average rent of a 1-bedroom in Chicago, IL is $1,895. The average rent of a 2-bedroom in Chicago, IL is $2,202. The average rent of a 3-bedroom in Chicago, IL is $2,850.

Studio

$1,480


1 bed

$1,895


2 beds

$2,202


3+ beds

$2,850

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

Jun 05 2024Jul 19 2024Sep 02 2024Oct 18 2024Dec 03 2024Jan 18 2025Mar 05 2025Apr 20 2025Jun 20 2025$1,200$1,500$1,800$2,360
  • Chicago
  • National

Apartment Rent Ranges in Chicago

The monthly rent for apartments in Chicago, IL ranges from $500 to $3,700+.

$500 - $1,300

$1,300 - $2,100

$2,100 - $2,900

$2,900 - $3,700

$3,700+

What is the average apartment size in Chicago?

The average size of a Chicago, IL apartment is 761 square feet, while the median apartment size for Chicago, IL is 725 square feet. However, square footage varies based on unit type. Most rentals in Chicago, IL (34.96%) are 1 bedroom apartments, while the fewest (13.01%) are 3+ bedroom apartments. Meanwhile, 2 bedroom apartments account for 29.3%, and studio apartments make up 22.72%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

What is the average rent for various neighborhoods in Chicago?

Studio1 bed2 beds3+ beds
Albany Park$1,200$1,560$1,698$2,575
Auburn Gresham*$900$1,500$1,800
Austin*$975$1,245$1,850
Belmont Cragin*$1,300*$2,250
Bridgeport**$1,500$1,960
Chatham*$1,200$1,375$1,500
Chicago Lawn*$1,155$1,350*
East Garfield Park**$1,575$1,800
Edgewater$1,250$1,600$2,200$3,454
Englewood**$1,398$1,700
Grand Boulevard*$1,650$1,960$2,423
Greater Grand Crossing*$1,175*$1,450
Humboldt Park$1,195$1,495$1,695$1,995
Hyde Park$1,036$1,395$1,900$3,242
Irving Park$1,275$1,400$1,995*
Lake View$1,570$1,975$2,699$4,409
Lincoln Park$1,695$2,246$3,150$3,995
Lincoln Square$1,380$1,763$2,138$3,650
Logan Square$1,450$1,850$2,395$2,495
Lower West Side*$1,525$1,917$2,798
Near North Side$2,294$2,700$4,100$5,650
Near South Side$1,987$2,180$3,009$3,622
Near West Side$2,293$2,686$3,725$4,100
North Center*$2,113$2,627$3,295
North Lawndale**$1,450$1,600
Portage Park$1,225$1,448$2,000$2,000
Rogers Park$1,250$1,450$1,850$2,473
South Chicago*$1,146$1,200$1,475
South Lawndale**$1,600$1,650
South Shore*$1,173$1,350$1,625
Uptown$1,495$1,798$2,400$3,000
Washington Park**$1,395$1,604
West Englewood**$1,350$1,448
West Ridge*$1,450$1,675$2,300
West Town$1,950$2,200$2,350$3,448

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

Popular searches

Pet Friendly Apartments Chicago

3,232 apartments starting at $800/month

Studio Apartments Chicago

1,364 apartments starting at $600/month

1 Bedroom Apartments Chicago

3,356 apartments starting at $575/month

2 Bedroom Apartments Chicago

1,899 apartments starting at $700/month

3 Bedroom Apartments Chicago

677 apartments starting at $638/month

Cheap Apartments Chicago

6,135 apartments starting at $575/month

Short Term Rentals Chicago

104 apartments starting at $995/month

Houses for Rent Chicago

61 apartments starting at $1,100/month

Nearby neighborhoods

Bridgeport Apartments

28 apartments starting at $700/month

Grand Boulevard Apartments

89 apartments starting at $638/month

Humboldt Park Apartments

60 apartments starting at $950/month

Lake View Apartments

587 apartments starting at $795/month

Lincoln Park Apartments

234 apartments starting at $1,150/month

Lower West Side Apartments

79 apartments starting at $1,195/month

Near North Side Apartments

635 apartments starting at $1,100/month

Near South Side Apartments

99 apartments starting at $1,100/month

Near West Side Apartments

206 apartments starting at $800/month

North Lawndale Apartments

35 apartments starting at $1,126/month

South Lawndale Apartments

39 apartments starting at $850/month

West Town Apartments

261 apartments starting at $895/month

Nearby cities

Berwyn Apartments

31 apartments starting at $975/month

Cicero Apartments

19 apartments starting at $820/month

East Chicago Apartments

31 apartments starting at $700/month

Evanston Apartments

212 apartments starting at $1,060/month

Greenfield Apartments

57 apartments starting at $934/month

Hammond Apartments

19 apartments starting at $750/month

Oak Park Apartments

97 apartments starting at $945/month

Skokie Apartments

41 apartments starting at $1,180/month

West Allis Apartments

48 apartments starting at $725/month

Nearby universities

Columbia College Chicago Apartments

297 apartments starting at $1,300/month

DePaul University Apartments

342 apartments starting at $1,300/month

Harold Washington Apartments

341 apartments starting at $1,550/month

MacCormac College Apartments

421 apartments starting at $1,300/month

Midwestern Career College Apartments

311 apartments starting at $1,550/month

Popular metro areas

Chicago Metro Apartments

7,193 apartments starting at $575/month

Milwaukee Metro Apartments

2,096 apartments starting at $500/month