Average Rent in Logan Square, Chicago, IL

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Current Versus Historical Logan Square, Chicago, IL Rents

Logan Square rentals average $1,545 for a studio rental to $4,000 for a 4-bedroom rental. The median price of all currently available listings is $1,950, or roughly $2 per square feet.
For the apartment units and housing in June 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $305 (25.63%) year-over-year from $1,190 to $1,495. 1-bedroom rentals prices have increased by $862 (52.59%) year-over-year from $1,638 to $2,500. 2-bedroom rentals prices have decreased by $239 (-12.02%) year-over-year from $1,989 to $1,750. 3-bedroom rentals prices have decreased by $443 (-18.96%) year-over-year from $2,338 to $1,895. 4-bedroom rentals prices have increased by $587 (17.19%) year-over-year from $3,413 to $4,000. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 7.17% this month. 1-bedroom rents have gone up by 10.38% this month. 2-bedroom rents have gone down by 16.63% this month. 3-bedroom rents have gone down by 20.93% this month. 4-bedroom rents have gone up by 10.09% this month.
Beds
Price / Sqft
Jun 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.78 $1,495 $1,190 (25.63%) $985 (51.78%)
1 BR $2.27 $2,500 $1,638 (52.59%) $1,365 (83.15%)
2 BR $2.09 $1,750 $1,989 (-12.02%) $1,742 (0.48%)
3 BR $2.20 $1,895 $2,338 (-18.96%) $1,983 (-4.45%)
4+ BR $1.97 $4,000 $3,413 (17.19%) $2,958 (35.21%)

Historical Rents in Logan Square, Chicago, IL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Logan Square

There are a total of 5 cities nearby Logan Square. The average rent in Logan Square is currently $2,252 per month. Our records show that Schaumburg, IL, with an average rent of $2,125, is the most affordable city nearby. In contrast, the most expensive city near Logan Square, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,800 per month.

Let's compare Logan Square, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 1.30% more affordable. Two bedrooms in Logan Square, Chicago, IL are about 20.41% more affordable. Finally, rent for three bedrooms are about 5.63% more affordable. Want more information? Check out the top 5 cities near Logan Square, Chicago, IL in the following chart.
City Studio 1 Bed 2 Bed All
Schaumburg, IL N/A $1,995 $2,465 $2,125
Chicago, IL $1,462 $1,950 $2,450 $2,195
Wheaton, IL N/A $1,976 $2,348 $2,252
Aurora, IL N/A N/A $2,195 $2,300
Naperville, IL N/A $1,575 $2,200 $2,800

Top Neighborhoods Near Logan Square

There are a total of 8 neighborhoods in or near Logan Square. Some of these neighborhoods include Rogers Park, Edgewater, and Uptown. We've included all of these top 8 neighborhoods in or near Logan Square, Chicago, IL in the following chart.

The average rent for these 8 neighborhoods in or near Logan Square, Chicago, IL is currently around $2,362 per month. A total of 3 neighborhoods have a lower average rent. Meaning, only five neighborhoods have a higher average rent than $2,362. Interestingly, the neighborhoods' average rent is higher than Logan Square's average rent, which is only $1,950. Out of all the neighborhoods in or near Logan Square, Rogers Park has the most affordable average rent at $1,426 per month. Whereas, at $2,859 average rent per month, South Loop is the most expensive neighborhood in or near Logan Square. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Rogers Park, Chicago, IL $1,100 $1,300 $1,750 $1,426
Edgewater, Chicago, IL $1,275 $1,500 $1,900 $1,575
Uptown, Chicago, IL $1,325 $1,554 $2,210 $1,582
Lakeview, Chicago, IL $1,526 $2,050 $2,750 $2,225
Hyde Park, Chicago, IL $1,295 $1,550 $1,999 $2,499
The Loop, Chicago, IL $1,950 $2,395 $3,700 $2,800
Near North Side, Chicago, IL $1,800 $2,300 $3,700 $2,850
South Loop, Chicago, IL $1,550 $2,225 $3,050 $2,859

Top Counties Near Logan Square

There are a total of 8 counties located by Logan Square, Chicago, IL. Some of these counties include Chicago, IL, Schaumburg, IL, and Downers Grove, IL. The average rent for rentals in these counties is $2,250. That's roughly around $2 per sqft. The county that is the most affordable is Chicago, IL. It's average rent per month is $2,195. Vice versa, with an average rent of $2,700, Naperville, IL is the most expensive county by Logan Square, Chicago, IL.

In comparison, rent for one bedroom listings in Logan Square, Chicago, IL is 1.30% more affordable than other counties nearby. Finally, rent for two bedrooms in Logan Square, Chicago, IL is 20.41% more affordable than other counties nearby. We've listed the top 5 counties in the chart below.
County Studio 1 Bed 2 Bed All
Chicago, IL $1,462 $1,950 $2,450 $2,195
Schaumburg, IL N/A $1,995 $2,465 $2,195
Downers Grove, IL N/A $1,833 $2,250 $2,250
Milton, IL N/A $1,968 $2,348 $2,252
Naperville, IL N/A $1,650 $2,288 $2,700

Top Zipcodes Near Logan Square

There are a total of 16 zipcodes in or near Logan Square, Chicago, IL. The average rent for all of these zipcodes is $2,241. A total of 2 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60626, Chicago, IL at $1,375 per month. In comparison, the zipcode with the most expensive average rent of $3,095 per month is 60607, Chicago, IL.

Studios in these zipcodes have an average rent of $1,406. That's at least $3 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Logan Square, Chicago, IL is $1,989 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,502 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Logan Square, Chicago, IL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
60647, Chicago, IL $1,545 $1,950 $1,950 $2,098
60618, Chicago, IL N/A $1,550 $1,975 $2,000
60622, Chicago, IL N/A $2,000 $2,425 $2,750
60614, Chicago, IL $1,648 $2,350 $3,350 $2,423
60657, Chicago, IL $1,507 $2,050 $2,779 $2,150
60613, Chicago, IL $1,438 $1,848 $2,645 $2,295
60610, Chicago, IL $1,635 $2,200 $3,550 $2,700
60640, Chicago, IL $1,375 $1,589 $2,395 $1,595
60607, Chicago, IL $1,913 $2,575 $3,500 $3,095
60611, Chicago, IL $1,850 $2,325 $3,800 $2,825

Frequently Asked Questions - Logan Square Average Rents

What is the average rent price in Logan Square, Chicago, IL?
The average monthly rental price for Logan Square, Chicago, IL apartments for rent is approximately $1,950. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Logan Square, Chicago, IL rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Logan Square, Chicago, IL.
How much is a studio apartment in Logan Square, Chicago, IL?
The average monthly rental price for studio apartments is $1,545 and an average price per square feet of $2.78. There are a total of 8 studio apartment listings currently available for rent in Logan Square.
How much is a one bedroom apartment in Logan Square, Chicago, IL?
The average monthly rental price for one bedroom apartments is $1,925 and an average price per square feet of $2.27. There are a total of 8 one bedroom apartment listings currently available for rent in Logan Square.
How much is a two bedroom apartment in Logan Square, Chicago, IL?
The average monthly rental price for two bedroom apartments is $1,950 and an average price per square feet of $2.09. There are a total of 26 two bedroom apartment listings currently available for rent in Logan Square.
How have rent prices in Logan Square, Chicago, IL changed this year?
Rent prices for rentals in Logan Square, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by 0.26%, one bedroom rental prices have changed by 0.53%, two bedroom rental prices have changed by -0.12%, and three bedroom rental prices have changed by -0.19% year-over-year.
What is a reasonable rent price in Logan Square, Chicago, IL?
A reasonable rent price in Logan Square, Chicago, IL is around $1,560/month. You can search for these reasonably priced rental listings on RentHop.
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