Average Rent in Albany Park, Chicago, IL

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Current Versus Historical Albany Park, Chicago, IL Rents

Albany Park rentals average $1,550 for a studio rental to $3,500 for a 4-bedroom rental. The median price of all currently available listings is $1,925, or roughly $25 per square feet.

For the apartment units and housing in July 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $885 (79.37%) year-over-year from $1,115 to $2,000. 1-bedroom rentals prices have increased by $25 (1.72%) year-over-year from $1,450 to $1,475. 2-bedroom rentals prices have increased by $175 (9.59%) year-over-year from $1,825 to $2,000. 3-bedroom rentals prices have increased by $719 (31.09%) year-over-year from $2,313 to $3,032. 4-bedroom rentals prices have increased by $177 (5.32%) year-over-year from $3,323 to $3,500. 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 29.94% this month. 1-bedroom rents have gone down by 0.78% this month. 2-bedroom rents have gone up by 8.11% this month. 3-bedroom rents have gone up by 17.71% this month. 4-bedroom rents have gone down by 3.18% this month.

Beds	Price / Sqft	Jul 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	N/A	$2,000	$1,115 (79.37%)	$1,053 (89.87%)
1 BR	$29.42	$1,475	$1,450 (1.72%)	$1,316 (12.10%)
2 BR	$24.21	$2,000	$1,825 (9.59%)	$1,565 (27.80%)
3 BR	$25.26	$3,032	$2,313 (31.09%)	$1,867 (62.40%)
4+ BR	$19.53	$3,500	$3,323 (5.32%)	$2,741 (27.71%)

Historical Rents in Albany Park, Chicago, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Albany Park

There are a total of 11 cities nearby Albany Park. The average rent in Albany Park is currently $2,349 per month. Only one city nearby has an average rent lower than that. Our records show that Berwyn, IL, with an average rent of $1,375, is the most affordable city nearby. In contrast, the most expensive city near Albany Park, Chicago, IL is Vernon Hills, IL. Monthly rents here are on average $2,775 per month.

Let's compare Albany Park, Chicago, IL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Albany Park, Chicago, IL is 29.03% more expensive than other cities nearby. One bedrooms are about 23.01% more affordable. Two bedrooms in Albany Park, Chicago, IL are about 11.86% more affordable. Finally, rent for three bedrooms are about 3.45% more expensive. Want more information? Check out the top 10 cities out of 11 total cities near Albany Park, Chicago, IL in the following table.

City	Studio	1 Bed	2 Bed	All
Berwyn, IL	$1,100	$1,238	$1,750	$1,375
Oak Park, IL	$1,300	$1,700	$2,498	$2,300
Chicago, IL	$1,595	$2,150	$2,425	$2,300
Schaumburg, IL	N/A	$2,034	$2,300	$2,300
Wheaton, IL	N/A	$2,126	$2,349	$2,349
Aurora, IL	$1,275	$1,695	$2,199	$2,400
Evanston, IL	$2,450	$2,250	$2,400	$2,550
Naperville, IL	N/A	$1,799	$2,399	$2,590
Skokie, IL	N/A	$1,650	$2,475	$2,600
Vernon Hills, IL	N/A	$1,913	$2,275	$2,775

Top Neighborhoods Near Albany Park

There are a total of 26 neighborhoods in or near Albany Park. Some of these neighborhoods include Englewood, South Shore, and Rogers Park. We've included all of these top 26 neighborhoods in or near Albany Park, Chicago, IL in the following table.

The average rent for these 26 neighborhoods in or near Albany Park, Chicago, IL is currently around $2,348 per month. A total of 6 neighborhoods have a lower average rent. Meaning, only twenty neighborhoods have a higher average rent than $2,348. Interestingly, the neighborhoods' average rent is higher than Albany Park's average rent, which is only $1,925. Out of all the neighborhoods in or near Albany Park, Englewood has the most affordable average rent at $1,400 per month. Whereas, at $3,500 average rent per month, Bucktown is the most expensive neighborhood in or near Albany Park. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Englewood, Chicago, IL	$1,100	$1,250	$1,350	$1,400
South Shore, Chicago, IL	$975	$1,300	$1,450	$1,538
Rogers Park, Chicago, IL	$1,195	$1,400	$1,850	$1,650
Lawndale, Chicago, IL	N/A	$1,450	$1,725	$1,800
Austin, Chicago, IL	$1,063	$1,125	$1,800	$1,800
Edgewater, Chicago, IL	$1,500	$1,733	$2,588	$1,850
Uptown, Chicago, IL	$1,400	$1,785	$2,875	$2,000
Ravenswood, Chicago, IL	$1,480	$1,950	$2,450	$2,023
Pilsen, Chicago, IL	$2,650	$1,650	$1,900	$2,075
West Rogers Park, Chicago, IL	N/A	$1,595	$1,995	$2,095
Jefferson Park, Chicago, IL	$1,375	$1,450	$2,100	$2,100
Woodlawn, Chicago, IL	$1,575	$1,565	$1,798	$2,250
Logan Square, Chicago, IL	$1,595	$2,095	$2,595	$2,295
Humboldt Park, Chicago, IL	$1,500	$1,925	$2,150	$2,400
Far East, Aurora, IL	N/A	$1,829	$2,261	$2,401
Bronzeville, Chicago, IL	$1,175	$1,673	$2,355	$2,445
Lakeview, Chicago, IL	$1,595	$2,150	$3,100	$2,565
Lincoln Park, Chicago, IL	$1,750	$2,500	$3,925	$2,595
University Village - Little Italy, Chicago, IL	$1,169	$2,100	$2,700	$2,750
Near North Side, Chicago, IL	$1,900	$2,550	$4,000	$2,800
South Loop, Chicago, IL	$1,780	$2,350	$3,200	$2,900
The Loop, Chicago, IL	$2,175	$2,500	$3,763	$2,909
West Town, Chicago, IL	$2,350	$2,350	$2,800	$3,200
DePaul, Chicago, IL	$1,915	$2,445	$3,435	$3,300
Near West Side, Chicago, IL	N/A	$2,900	$3,700	$3,400
Bucktown, Chicago, IL	$2,363	$2,550	$3,100	$3,500

Top Counties Near Albany Park

There are a total of 26 counties located by Albany Park, Chicago, IL. Some of these counties include Berwyn, IL, Proviso, IL, and Leyden, IL. The average rent for rentals in these counties is $2,400. That's roughly around $24 per sqft. A total of 4 counties have a lower average rent. The county that is the most affordable is Berwyn, IL. Its average rent per month is $1,375. Vice versa, with an average rent of $3,500, Northfield, IL is the most expensive county by Albany Park, Chicago, IL.

Typically, rent for studios in Albany Park, Chicago, IL is 29.03% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Albany Park, Chicago, IL is 11.97% more affordable than other counties nearby. Finally, rent for two bedrooms in Albany Park, Chicago, IL is 9.40% more affordable than other counties nearby. We've listed the top 10 counties in the table below.

County	Studio	1 Bed	2 Bed	All
Berwyn, IL	$1,100	$1,238	$1,750	$1,375
Proviso, IL	$1,110	$1,400	$1,950	$2,000
Leyden, IL	$1,295	$1,400	$2,513	$2,275
Oak Park, IL	$1,300	$1,700	$2,498	$2,300
Chicago, IL	$1,595	$2,150	$2,425	$2,300
Maine, IL	$1,200	$1,573	$1,850	$2,400
Evanston, IL	$2,450	$2,250	$2,400	$2,550
Niles, IL	N/A	$1,700	$2,500	$2,800
New Trier, IL	$1,595	$1,733	$2,995	$3,450
Northfield, IL	N/A	$2,073	$2,500	$3,500

Top Zipcodes Near Albany Park

There are a total of 34 zipcodes in or near Albany Park, Chicago, IL. The average rent for all of these zipcodes is $2,393. A total of 9 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60402, Berwyn, IL at $1,350 per month. In comparison, the zipcode with the most expensive average rent of $3,300 per month is 60607, Chicago, IL.

Studios in these zipcodes have an average rent of $1,484. That's at least $39 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Albany Park, Chicago, IL is $1,812 per month. Or in other words, $30 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,475 per month. Which comes out to $29 per sqft. The following table includes the top 10 zipcodes in Albany Park, Chicago, IL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
60625, Chicago, IL	$1,450	$1,825	$2,150	$2,045
60618, Chicago, IL	$1,435	$1,798	$2,425	$2,380
60641, Chicago, IL	$1,245	$1,423	$1,700	$1,723
60630, Chicago, IL	$1,375	$1,498	$1,950	$2,000
60640, Chicago, IL	$1,480	$1,800	$2,525	$1,950
60660, Chicago, IL	$1,400	$1,675	$2,588	$1,840
60613, Chicago, IL	$1,595	$2,150	$3,095	$2,695
60645, Chicago, IL	$1,398	$1,595	$1,925	$1,995
60647, Chicago, IL	$1,595	$2,100	$2,650	$2,473
60657, Chicago, IL	$1,627	$2,150	$3,125	$2,450

Frequently Asked Questions - Albany Park Average Rents

What is the average rent price in Albany Park, Chicago, IL?

The average monthly rental price for Albany Park, Chicago, IL apartments for rent is approximately $1,925. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Albany Park, 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 Albany Park, Chicago, IL.

How much is a studio apartment in Albany Park, Chicago, IL?

The average monthly rental price for studio apartments is $1,550. There are a total of 5 studio apartment listings currently available for rent in Albany Park.

How much is a one bedroom apartment in Albany Park, Chicago, IL?

The average monthly rental price for one bedroom apartments is $1,463 and an average price per square feet of $29.42. There are a total of 18 one bedroom apartment listings currently available for rent in Albany Park.

How much is a two bedroom apartment in Albany Park, Chicago, IL?

The average monthly rental price for two bedroom apartments is $2,100 and an average price per square feet of $24.21. There are a total of 25 two bedroom apartment listings currently available for rent in Albany Park.

How have rent prices in Albany Park, Chicago, IL changed this year?

Rent prices for rentals in Albany Park, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by 0.79%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by 0.10%, three bedroom rental prices have changed by 0.31% year-over-year.

What is a reasonable rent price in Albany Park, Chicago, IL?

A reasonable rent price in Albany Park, Chicago, IL is around $1,540/month. You can search for these reasonably priced rental listings on RentHop.