Average Rent in Albany Park, Chicago, IL

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Current Versus Historical Albany Park, Chicago, IL Rents

Albany Park rentals average $1,275 for a studio rental to $3,795 for a 4-bedroom rental. The median price of all currently available listings is $1,998, or roughly $24 per square feet.

For the apartment units and housing in October 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $104 (8.45%) year-over-year from $1,233 to $1,338. 1-bedroom rentals prices have increased by $1 (0.06%) year-over-year from $1,499 to $1,500. 2-bedroom rentals prices have increased by $78 (4.19%) year-over-year from $1,848 to $1,925. 3-bedroom rentals prices have increased by $196 (8.42%) year-over-year from $2,329 to $2,525. 4-bedroom rentals prices have increased by $861 (29.36%) year-over-year from $2,933 to $3,795. 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 3.55% this month. 1-bedroom rents have gone down by 5.36% this month. 2-bedroom rents have gone down by 2.81% this month. 3-bedroom rents have gone up by 5.57% this month. 4-bedroom rents have gone down by 11.72% this month.

Beds	Price / Sqft	Oct 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$30.00	$1,338	$1,233 (8.45%)	$1,057 (26.58%)
1 BR	$24.52	$1,500	$1,499 (0.06%)	$1,278 (17.42%)
2 BR	$24.00	$1,925	$1,848 (4.19%)	$1,682 (14.47%)
3 BR	$21.98	$2,525	$2,329 (8.42%)	$2,040 (23.75%)
4+ BR	$13.85	$3,795	$2,933 (29.36%)	$3,225 (17.66%)

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 $2,450 per month. Our records show that Palatine, IL, with an average rent of $2,150, is the most affordable city nearby. In contrast, the most expensive city near Albany Park, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,993 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 10.78% more affordable than other cities nearby. One bedrooms are about 21.73% more affordable. Two bedrooms in Albany Park, Chicago, IL are about 14.70% more affordable. Finally, rent for three bedrooms are about 25.00% more affordable. 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
Palatine, IL	$1,300	$1,500	$1,950	$2,150
Oak Park, IL	$1,902	$1,725	$2,073	$2,295
Wheaton, IL	$1,475	$1,899	$2,349	$2,349
Chicago, IL	$1,675	$2,233	$2,695	$2,395
Arlington Heights, IL	$1,200	$1,750	$2,100	$2,450
Schaumburg, IL	N/A	$2,182	$2,300	$2,456
Skokie, IL	$1,195	$2,113	$2,300	$2,500
Evanston, IL	$2,218	$1,963	$2,294	$2,500
Vernon Hills, IL	$2,004	$2,229	$2,200	$2,525
Naperville, IL	$1,325	$1,650	$2,325	$2,993

Top Neighborhoods Near Albany Park

There are a total of 23 neighborhoods in or near Albany Park. Some of these neighborhoods include South Shore, Edgewater, and Rogers Park. We've included all of these top 23 neighborhoods in or near Albany Park, Chicago, IL in the following table.

The average rent for these 23 neighborhoods in or near Albany Park, Chicago, IL is currently around $2,345 per month. A total of 7 neighborhoods have a lower average rent. Meaning, only sixteen neighborhoods have a higher average rent than $2,345. Interestingly, the neighborhoods' average rent is higher than Albany Park's average rent, which is only $1,998. Out of all the neighborhoods in or near Albany Park, South Shore has the most affordable average rent at $1,500 per month. Whereas, at $3,600 average rent per month, DePaul is the most expensive neighborhood in or near Albany Park. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
South Shore, Chicago, IL	$1,098	$1,150	$1,450	$1,500
Edgewater, Chicago, IL	$1,300	$1,600	$2,495	$1,600
Rogers Park, Chicago, IL	$1,325	$1,450	$1,995	$1,773
Uptown, Chicago, IL	$1,350	$1,700	$2,500	$1,900
Lawndale, Chicago, IL	$1,200	N/A	$1,700	$1,925
Hyde Park, Chicago, IL	$1,125	$1,500	$2,400	$1,950
West Rogers Park, Chicago, IL	$1,100	$1,500	$1,950	$1,976
Pilsen, Chicago, IL	$1,998	$1,500	$2,100	$2,100
Humboldt Park, Chicago, IL	$1,500	$1,725	$2,000	$2,200
Ravenswood, Chicago, IL	$1,400	$1,900	$2,695	$2,250
Jefferson Park, Chicago, IL	$1,345	$1,550	$2,275	$2,325
Logan Square, Chicago, IL	$1,548	$2,050	$2,450	$2,345
Lakeview, Chicago, IL	$1,520	$2,195	$3,125	$2,400
Bronzeville, Chicago, IL	$995	$1,650	$2,390	$2,563
West Loop, Chicago, IL	$2,100	$2,600	$3,625	$2,700
Lincoln Park, Chicago, IL	$1,850	$2,650	$3,950	$2,725
The Loop, Chicago, IL	$2,292	$2,538	$3,777	$2,750
South Loop, Chicago, IL	$2,154	$2,392	$3,300	$2,804
Bucktown, Chicago, IL	$2,166	$2,302	$3,400	$2,900
Near North Side, Chicago, IL	$2,155	$2,635	$4,000	$2,975
Near West Side, Chicago, IL	$2,250	$2,658	$3,711	$3,000
West Town, Chicago, IL	$2,517	$2,743	$3,750	$3,300
DePaul, Chicago, IL	$1,975	$2,600	$3,600	$3,600

Top Counties Near Albany Park

There are a total of 27 counties located by Albany Park, Chicago, IL. Some of these counties include Leyden, IL, Proviso, IL, and Lyons, IL. The average rent for rentals in these counties is $2,450. That's roughly around $24 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Worth, IL. Its average rent per month is $1,725. Vice versa, with an average rent of $3,200, Vernon, IL is the most expensive county by Albany Park, Chicago, IL.

Typically, rent for studios in Albany Park, Chicago, IL is 6.08% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Albany Park, Chicago, IL is 2.56% more affordable than other counties nearby. Finally, rent for two bedrooms in Albany Park, Chicago, IL is 5.00% more affordable than other counties nearby. We've listed the top 10 counties in the table below.

County	Studio	1 Bed	2 Bed	All
Leyden, IL	N/A	$1,488	$1,898	$1,975
Proviso, IL	$1,295	$1,400	$1,875	$1,998
Lyons, IL	$1,650	$1,513	$1,850	$2,200
Oak Park, IL	$1,902	$1,725	$2,073	$2,295
Chicago, IL	$1,675	$2,233	$2,695	$2,395
Elk Grove, IL	N/A	$1,825	$2,200	$2,475
Evanston, IL	$2,218	$1,963	$2,294	$2,500
Maine, IL	N/A	$1,600	$2,375	$2,600
Niles, IL	$1,195	$2,300	$2,325	$2,895
Northfield, IL	N/A	$1,550	$2,348	$2,963

Top Zipcodes Near Albany Park

There are a total of 38 zipcodes in or near Albany Park, Chicago, IL. The average rent for all of these zipcodes is $2,304. A total of 11 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60649, Chicago, IL at $1,500 per month. In comparison, the zipcode with the most expensive average rent of $3,102 per month is 60611, Chicago, IL.

Studios in these zipcodes have an average rent of $1,488. That's at least $40 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 $1,773 per month. Or in other words, $32 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,300 per month. Which comes out to $27 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	$1,295	$1,750	$2,198	$2,000
60618, Chicago, IL	$1,475	$1,850	$2,175	$2,225
60659, Chicago, IL	$1,050	$1,400	$1,895	$1,900
60641, Chicago, IL	$1,565	$1,500	$1,950	$1,950
60630, Chicago, IL	$1,345	$1,550	$2,200	$2,138
60640, Chicago, IL	$1,300	$1,795	$2,500	$1,900
60660, Chicago, IL	$1,300	$1,550	$2,483	$1,550
60613, Chicago, IL	$1,500	$2,250	$3,000	$2,597
60645, Chicago, IL	$1,350	$1,550	$1,975	$1,976
60647, Chicago, IL	$1,595	$2,195	$2,600	$2,415

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 $1,998. 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 $1,275 and an average price per square feet of $30.00. There are a total of 9 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 $1,560 and an average price per square feet of $24.52. There are a total of 11 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 $2,000 and an average price per square feet of $24.00. There are a total of 31 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 0.08%, one bedroom rental prices have changed by 0.00%, two bedroom rental prices have changed by 0.04%, three bedroom rental prices have changed by 0.08% 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 $1,598/month. You can search for these reasonably priced rental listings on RentHop.