Chicago, IL Rent Trends

Rank #14, last updated August 12

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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 $1,495. 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 $2,995.

Studio

$1,495


1 bed

$1,995


2 beds

$2,350


3+ beds

$2,995

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

Jul 26 2024Sep 09 2024Oct 25 2024Dec 10 2024Jan 25 2025Mar 12 2025Apr 27 2025Jun 11 2025Aug 12 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 $600 to $3,400+.

$600 - $1,300

$1,300 - $2,000

$2,000 - $2,700

$2,700 - $3,400

$3,400+

What is the average apartment size in Chicago?

The average size of a Chicago, IL apartment is 770 square feet, while the median apartment size for Chicago, IL is 714 square feet. However, square footage varies based on unit type. Most rentals in Chicago, IL (40.49%) are 1 bedroom apartments, while the fewest (9.11%) are 3+ bedroom apartments. Meanwhile, 2 bedroom apartments account for 25.49%, and studio apartments make up 24.91%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

What is the average rent for various neighborhoods in Chicago?

Studio1 bed2 beds3+ beds
Albany Park$1,338$1,425$1,720$2,475
Auburn Gresham**$1,600$1,700
Austin*$1,065$1,350$1,850
Beverly*$2,595$2,850*
Chatham*$1,100$1,425$1,725
Chicago Lawn*$1,025$1,350*
Douglas$1,408$1,544$2,392*
Edgewater$1,257$1,595$2,000$3,100
Englewood**$1,686$1,498
Grand Boulevard*$1,600$1,891$2,408
Greater Grand Crossing**$1,686$1,725
Humboldt Park$1,223*$1,595$2,095
Hyde Park$1,073$1,375$1,899$3,138
Irving Park$1,288$1,475$1,850*
Kenwood*$1,689$1,960*
Lake View$1,488$1,950$2,723$3,998
Lincoln Park$1,613$2,390$3,800$3,895
Lincoln Square$1,385$1,750$2,400$2,750
Logan Square$1,308$1,773$2,345$2,800
Lower West Side*$1,495$1,875$2,800
Near North Side$2,255$2,795$4,133$6,174
Near South Side$2,000$2,261$3,210$3,948
Near West Side$2,170$2,748$3,604$5,083
North Center*$1,845$2,750$3,450
North Lawndale**$1,375$1,775
Portage Park*$1,463$1,676*
Rogers Park$1,150$1,400$1,798$2,350
South Chicago*$1,148$1,250$1,500
South Shore*$1,200$1,525$1,800
Uptown$1,483$1,869$2,500$3,375
Washington Park**$1,550$1,804
West Garfield Park**$1,500$1,950
West Ridge$1,300$1,450$1,860$2,150
West Town$2,075$2,560$2,795$3,675

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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