Chicago, IL Rent Trends

Rank #11, last updated December 18

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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 $1,497. The average rent of a 1-bedroom in Chicago, IL is $1,995. The average rent of a 2-bedroom in Chicago, IL is $2,350. The average rent of a 3-bedroom in Chicago, IL is $2,395.

Studio

$1,497


1 bed

$1,995


2 beds

$2,350


3+ beds

$2,395

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 $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 823 square feet, while the median apartment size for Chicago, IL is 780 square feet. However, square footage varies based on unit type. Most rentals in Chicago, IL (37.24%) are 1 bedroom apartments, while the fewest (14.55%) are 3+ bedroom apartments. Meanwhile, 2 bedroom apartments account for 28.26%, and studio apartments make up 19.94%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

What is the average rent for various neighborhoods in Chicago?

Studio1 bed2 beds3+ beds
Albany Park*$1,548$1,650$2,295
Auburn Gresham**$1,475$1,840
Austin$1,500$1,143$1,250$1,800
Chatham*$1,075$1,353$1,595
Chicago Lawn$995$1,129$1,436*
Douglas$1,420**$1,900
Dunning*$2,500$2,050*
East Garfield Park**$1,929$1,968
Edgewater$1,250$1,500$2,250$2,900
Englewood**$1,275$1,700
Grand Boulevard**$1,880$2,248
Greater Grand Crossing*$1,280*$1,550
Hermosa**$1,595$1,558
Humboldt Park**$1,795$2,250
Hyde Park$1,050$1,325**
Irving Park$1,273$1,400$1,995*
Kenwood$1,023$1,710**
Lake View$1,425$1,925$2,673$4,800
Lincoln Park$1,457$2,435$3,495*
Lincoln Square$1,508$1,750$2,075$2,125
Logan Square$1,495$1,795$2,695$2,875
Lower West Side*$1,450$2,295$3,195
Near North Side$2,023$2,544$3,700$5,704
Near South Side*$2,203$2,984$4,000
Near West Side$1,970$2,390$3,218$4,514
North Center*$1,800$2,373$2,800
North Lawndale**$1,495$1,975
Portage Park$1,333$1,450$1,650*
Rogers Park$1,263$1,450$1,800$2,523
South Chicago**$1,413$1,650
South Lawndale**$1,495$1,720
South Shore$978$1,050$1,363$1,650
Uptown$1,225$1,700$2,688$2,995
Washington Park*$1,150$1,450$2,198
West Garfield Park$1,084*$1,363$1,700
West Ridge$1,300$1,548$1,795$2,250
West Town$1,983$2,440$2,960$3,375

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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