Chicago, IL Rent Trends

Rank #11, last updated October 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 $1,549. The average rent of a 1-bedroom in Chicago, IL is $2,050. The average rent of a 2-bedroom in Chicago, IL is $2,300. The average rent of a 3-bedroom in Chicago, IL is $2,550.

Studio

$1,549


1 bed

$2,050


2 beds

$2,300


3+ beds

$2,550

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 $3,800+.

$600 - $1,400

$1,400 - $2,200

$2,200 - $3,000

$3,000 - $3,800

$3,800+

What is the average apartment size in Chicago?

The average size of a Chicago, IL apartment is 790 square feet, while the median apartment size for Chicago, IL is 759 square feet. However, square footage varies based on unit type. Most rentals in Chicago, IL (38.01%) are 1 bedroom apartments, while the fewest (13.01%) are 3+ bedroom apartments. Meanwhile, 2 bedroom apartments account for 29.03%, and studio apartments make up 19.95%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

What is the average rent for various neighborhoods in Chicago?

Studio1 bed2 beds3+ beds
Albany Park*$1,500$1,750$2,450
Auburn Gresham**$1,500$1,689
Austin$1,107$1,048$1,300$1,658
Chatham*$1,275$1,380$1,750
Chicago Lawn$1,588$1,191$1,370$1,510
Douglas$1,475$1,458$2,291*
Dunning*$2,472$2,468*
East Garfield Park**$2,185$1,800
Edgewater$1,300$1,575$2,266$2,950
Englewood**$1,593$1,900
Grand Boulevard**$1,930$2,348
Greater Grand Crossing**$1,686$1,500
Humboldt Park$1,095*$1,400$3,500
Hyde Park$1,152$1,358$1,950*
Irving Park$1,300$1,450$2,473*
Kenwood*$1,798$1,918*
Lake View$1,405$1,888$2,895$3,900
Lincoln Park$1,695$2,500$3,909$3,995
Lincoln Square$1,395$1,795$2,175$2,373
Logan Square$1,395$1,650$2,295$2,995
Lower West Side**$2,300$3,295
Near North Side$2,155$2,740$3,981$5,595
Near South Side$2,090$2,364$3,259$4,000
Near West Side$2,048$2,555$3,575$4,930
North Lawndale**$1,350$1,825
Portage Park*$1,500$1,673*
Rogers Park$1,250$1,500$1,900$2,541
South Chicago*$1,100$1,299$1,658
South Lawndale*$1,495$1,325$1,700
South Shore$945$1,187$1,623$1,750
Uptown$1,332$1,808$2,595$2,900
Washington Park**$1,395$2,000
West Ridge$1,300$1,600$1,840$2,250
West Town$2,099$2,495$2,900$2,673

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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