Chicago, IL Rent Trends

Rank #13, last updated December 27

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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 $1,450. The average rent of a 1-bedroom in Chicago, IL is $1,850. The average rent of a 2-bedroom in Chicago, IL is $2,013. The average rent of a 3-bedroom in Chicago, IL is $2,350.

Studio

$1,450


1 bed

$1,850


2 beds

$2,013


3+ beds

$2,350

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 $400 to $3,600+.

$400 - $1,200

$1,200 - $2,000

$2,000 - $2,800

$2,800 - $3,600

$3,600+

What is the average apartment size in Chicago?

The average size of a Chicago, IL apartment is 796 square feet, while the median apartment size for Chicago, IL is 750 square feet. However, square footage varies based on unit type. Most rentals in Chicago, IL (36.49%) are 1 bedroom apartments, while the fewest (13.97%) are 3+ bedroom apartments. Meanwhile, 2 bedroom apartments account for 30.48%, and studio apartments make up 19.05%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

What is the average rent for various neighborhoods in Chicago?

Studio1 bed2 beds3+ beds
Albany Park*$1,515$1,652$2,298
Auburn Gresham*$1,025$1,385$1,450
Austin$990$1,150$1,248$1,750
Chatham*$985$1,275$1,595
Chicago Lawn$995$1,143$1,400*
Dunning*$2,500$2,138*
East Garfield Park**$1,725$2,159
Edgewater$1,250$1,500$2,248$2,900
Englewood**$1,313$1,625
Grand Boulevard**$1,900$2,295
Greater Grand Crossing*$1,255$1,130$1,450
Humboldt Park**$1,638$1,900
Hyde Park$965$1,327**
Irving Park$1,273$1,400$1,998*
Kenwood$1,070$1,710$2,050*
Lake View$1,413$1,925$2,625$4,950
Lincoln Park$1,453$2,500$3,400*
Lincoln Square$1,465$1,750$1,950$2,095
Logan Square$1,495$1,795$2,695$2,632
Lower West Side*$1,400$2,150$3,245
Near North Side$2,045$2,500$3,735$5,749
Near South Side*$2,204$2,900$3,826
Near West Side$1,975$2,397$3,215$4,514
North Center**$2,450$2,848
North Lawndale**$1,488$1,875
Portage Park$1,333$1,500$1,650*
Rogers Park$1,267$1,450$1,798$2,404
South Chicago*$955$1,350$1,675
South Lawndale**$1,435$1,770
South Shore$895$1,010$1,190$1,463
Uptown$1,225$1,675$2,700$3,000
Washington Park**$1,298$2,200
West Garfield Park**$1,350$1,600
West Ridge$1,300$1,548$1,785$2,361
West Town$2,145$2,478$2,925$2,995

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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