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Chicago, IL Rent Trends

Rank #10, last updated February 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 $1,599. The average rent of a 1-bedroom in Chicago, IL is $2,072. The average rent of a 2-bedroom in Chicago, IL is $2,473. The average rent of a 3-bedroom in Chicago, IL is $2,700.

Studio

$1,599


1 bed

$2,072


2 beds

$2,473


3+ beds

$2,700

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 $3,400+.

$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 758 square feet, while the median apartment size for Chicago, IL is 716 square feet. However, square footage varies based on unit type. Most rentals in Chicago, IL (42.53%) are 1 bedroom apartments, while the fewest (7.84%) are 3+ bedroom apartments. Meanwhile, 2 bedroom apartments account for 26.79%, and studio apartments make up 22.83%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

What is the average rent for various neighborhoods in Chicago?

Studio1 bed2 beds3+ beds
Albany Park$1,150$1,495$1,695$1,950
Auburn Gresham*$975$1,325$1,800
Austin*$1,025$1,200$1,925
Chatham*$1,150$1,550$1,650
Douglas$1,430$1,925$1,517$2,262
Edgewater$1,191$1,650$2,519$3,281
Englewood**$1,475$1,800
Greater Grand Crossing*$1,543$1,593$1,648
Humboldt Park**$1,695$2,300
Hyde Park$1,000$1,350$1,925$2,700
Irving Park$1,238$1,425$1,800$2,600
Kenwood$1,160*$1,776*
Lake View$1,395$1,950$2,700$3,948
Lincoln Park$1,698$2,325$2,986$3,673
Lincoln Square$1,395$1,635$2,100*
Logan Square$1,295$1,895$2,595$2,698
Lower West Side*$1,448$1,625*
Near North Side$2,098$2,525$3,999$5,500
Near South Side$1,852$2,178$2,909$4,580
Near West Side$2,086$2,336$3,550$5,100
North Center**$2,595$4,070
North Lawndale**$1,450$1,745
Portage Park*$1,450$1,800*
Rogers Park$1,125$1,350$1,750$3,000
South Chicago*$1,200$1,350$1,795
South Lawndale*$1,125$1,250*
South Shore$975$1,125$1,500$1,750
Uptown$1,444$1,768$2,798*
West Ridge$995$1,350$1,700*
West Town$1,944$2,390$2,285$3,646

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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