Average Rent in Austin, Chicago, IL

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Current Versus Historical Austin, Chicago, IL Rents

Austin rentals average $1,150 for a studio rental to $3,000 for a 4-bedroom rental. The median price of all currently available listings is $1,750, or roughly $20 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 decreased by $133 (-10.39%) year-over-year from $1,283 to $1,150. 1-bedroom rentals prices have decreased by $24 (-2.10%) year-over-year from $1,149 to $1,125. 2-bedroom rentals prices have decreased by $92 (-5.42%) year-over-year from $1,692 to $1,600. 3-bedroom rentals prices have decreased by $69 (-3.56%) year-over-year from $1,942 to $1,873. 4-bedroom rentals prices have increased by $1,217 (68.22%) year-over-year from $1,783 to $3,000. 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 18.56% this month. 1-bedroom rents have gone up by 11.64% this month. 2-bedroom rents have gone down by 4.00% this month. 3-bedroom rents have gone down by 6.72% this month. 4-bedroom rents have gone up by 28.98% this month.
Beds
Price / Sqft
Oct 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $25.20 $1,150 $1,283 (-10.39%) $801 (43.60%)
1 BR $6.99 $1,125 $1,149 (-2.10%) $996 (12.97%)
2 BR $20.32 $1,600 $1,692 (-5.42%) $1,283 (24.68%)
3 BR $18.15 $1,873 $1,942 (-3.56%) $1,542 (21.46%)
4+ BR $12.00 $3,000 $1,783 (68.22%) $2,350 (27.66%)

Historical Rents in Austin, Chicago, IL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Austin

There are a total of 12 cities nearby Austin. The average rent in Austin is currently $2,405 per month. Our records show that Oak Park, IL, with an average rent of $2,100, is the most affordable city nearby. In contrast, the most expensive city near Austin, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,900 per month.

Let's compare Austin, Chicago, IL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Austin, Chicago, IL is 15.22% more affordable than other cities nearby. One bedrooms are about 67.37% more affordable. Two bedrooms in Austin, Chicago, IL are about 38.28% more affordable. Finally, rent for three bedrooms are about 50.38% more affordable. Want more information? Check out the top 10 cities out of 12 total cities near Austin, Chicago, IL in the following table.
City Studio 1 Bed 2 Bed All
Oak Park, IL $1,929 $2,399 $2,125 $2,100
Palatine, IL $1,300 $1,500 $2,050 $2,300
Skokie, IL $1,150 $2,300 $2,200 $2,400
Schaumburg, IL N/A $2,233 $2,325 $2,400
Wheaton, IL $1,425 $1,850 $2,533 $2,411
Vernon Hills, IL $2,074 $2,234 $2,100 $2,491
Evanston, IL $1,915 $1,795 $2,395 $2,500
Chicago, IL $2,147 $2,585 $3,056 $2,586
Arlington Heights, IL $1,200 $2,000 $2,225 $2,600
Naperville, IL N/A $1,625 $2,350 $2,900

Top Neighborhoods Near Austin

There are a total of 28 neighborhoods in or near Austin. Some of these neighborhoods include South Shore, Edgewater, and Rogers Park. We've included all of these top 28 neighborhoods in or near Austin, Chicago, IL in the following table.

The average rent for these 28 neighborhoods in or near Austin, Chicago, IL is currently around $2,473 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only twenty-six neighborhoods have a higher average rent than $2,473. Interestingly, the neighborhoods' average rent is higher than Austin's average rent, which is only $1,750. Out of all the neighborhoods in or near Austin, South Shore has the most affordable average rent at $1,575 per month. Whereas, at $3,952 average rent per month, DePaul is the most expensive neighborhood in or near Austin. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
South Shore, Chicago, IL $995 $1,200 $1,495 $1,575
Edgewater, Chicago, IL $1,356 $1,600 $2,498 $1,650
Rogers Park, Chicago, IL $1,341 $1,450 $2,000 $1,784
West Rogers Park, Chicago, IL $1,338 $1,495 $1,905 $1,903
Lawndale, Chicago, IL $1,550 $1,400 $1,650 $1,925
Hyde Park, Chicago, IL $1,095 $1,373 $2,350 $1,950
Uptown, Chicago, IL $1,397 $1,990 $2,500 $1,990
Albany Park, Chicago, IL $1,275 $1,513 $2,000 $2,000
Pilsen, Chicago, IL $1,998 $1,498 $2,000 $2,048
Jefferson Park, Chicago, IL $1,300 $1,500 $2,200 $2,200
Ravenswood, Chicago, IL $1,550 $1,963 $2,650 $2,295
Humboldt Park, Chicago, IL $1,513 $1,750 $2,075 $2,368
University Village - Little Italy, Chicago, IL $2,004 $2,335 $3,036 $2,412
Logan Square, Chicago, IL $1,695 $2,233 $2,551 $2,450
Lakeview, Chicago, IL $1,520 $2,299 $3,100 $2,495
Bronzeville, Chicago, IL $995 $1,700 $2,373 $2,625
Bucktown, Chicago, IL $2,191 $2,629 $3,550 $2,641
Tri-Taylor, Chicago, IL $2,205 $2,515 $3,059 $2,673
Lincoln Park, Chicago, IL $1,850 $2,745 $4,144 $2,741
South Loop, Chicago, IL $2,295 $2,658 $3,520 $2,850
The Loop, Chicago, IL $2,398 $2,870 $4,050 $2,863
Wicker Park, Chicago, IL $2,400 $2,880 $3,200 $2,900
Near West Side, Chicago, IL $2,330 $2,868 $3,824 $2,945
Goose Island, Chicago, IL $2,075 $3,052 $4,545 $3,025
Near North Side, Chicago, IL $2,380 $2,885 $4,162 $3,032
West Loop, Chicago, IL $2,361 $3,025 $4,142 $3,074
West Town, Chicago, IL $2,517 $2,978 $4,268 $3,175
DePaul, Chicago, IL $2,195 $2,650 $3,750 $3,952

Top Counties Near Austin

There are a total of 28 counties located by Austin, Chicago, IL. Some of these counties include Worth, IL, Leyden, IL, and Proviso, IL. The average rent for rentals in these counties is $2,400. That's roughly around $23 per sqft. The county that is the most affordable is Worth, IL. Its average rent per month is $1,800. Vice versa, with an average rent of $3,200, Northfield, IL is the most expensive county by Austin, Chicago, IL.

Typically, rent for studios in Austin, Chicago, IL is on par with the other counties nearby. In comparison, rent for one bedroom listings in Austin, Chicago, IL is 43.48% more affordable than other counties nearby. Finally, rent for two bedrooms in Austin, Chicago, IL is 32.03% more affordable than other counties nearby. We've listed the top 10 counties in the table below.
County Studio 1 Bed 2 Bed All
Worth, IL $1,350 $1,460 $1,675 $1,800
Leyden, IL N/A $1,500 $1,895 $1,900
Proviso, IL $1,195 $1,425 $1,800 $1,950
Oak Park, IL $1,929 $2,399 $2,125 $2,100
Lyons, IL $1,650 $1,500 $1,800 $2,300
York, IL N/A $1,650 $2,000 $2,400
Evanston, IL $1,915 $1,795 $2,395 $2,500
Chicago, IL $2,147 $2,585 $3,056 $2,586
Maine, IL N/A $1,650 $2,100 $2,598
Niles, IL $1,150 $2,300 $2,250 $2,700

Top Zipcodes Near Austin

There are a total of 37 zipcodes in or near Austin, Chicago, IL. The average rent for all of these zipcodes is $2,448. A total of 4 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 $1,575 per month. In comparison, the zipcode with the most expensive average rent of $3,150 per month is 60611, Chicago, IL.

Studios in these zipcodes have an average rent of $1,507. That's at least $41 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Austin, Chicago, IL is $1,848 per month. Or in other words, $34 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,390 per month. Which comes out to $27 per sqft. The following table includes the top 10 zipcodes in Austin, Chicago, IL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
60639, Chicago, IL N/A $1,200 $1,675 $1,800
60641, Chicago, IL $1,300 $1,500 $2,000 $1,800
60612, Chicago, IL $2,190 $2,451 $2,925 $2,650
60647, Chicago, IL $1,695 $2,295 $2,665 $2,453
60622, Chicago, IL $2,343 $2,598 $2,895 $2,880
60623, Chicago, IL N/A $1,375 $1,600 $1,700
60618, Chicago, IL $1,500 $1,848 $2,133 $2,300
60642, Chicago, IL $2,196 $2,889 $3,623 $3,063
60608, Chicago, IL $1,998 $1,498 $2,000 $2,048
60630, Chicago, IL $1,323 $1,450 $2,175 $2,150

Frequently Asked Questions - Austin Average Rents

What is the average rent price in Austin, Chicago, IL?
The average monthly rental price for Austin, Chicago, IL apartments for rent is approximately $1,750. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Austin, 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 Austin, Chicago, IL.
How much is a studio apartment in Austin, Chicago, IL?
The average monthly rental price for studio apartments is $1,150 and an average price per square feet of $25.20. There are a total of 4 studio apartment listings currently available for rent in Austin.
How much is a one bedroom apartment in Austin, Chicago, IL?
The average monthly rental price for one bedroom apartments is $1,150 and an average price per square feet of $6.99. There are a total of 7 one bedroom apartment listings currently available for rent in Austin.
How much is a two bedroom apartment in Austin, Chicago, IL?
The average monthly rental price for two bedroom apartments is $1,600 and an average price per square feet of $20.32. There are a total of 18 two bedroom apartment listings currently available for rent in Austin.
How have rent prices in Austin, Chicago, IL changed this year?
Rent prices for rentals in Austin, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by -0.10%, one bedroom rental prices have changed by -0.02%, two bedroom rental prices have changed by -0.05%, three bedroom rental prices have changed by -0.04% year-over-year.
What is a reasonable rent price in Austin, Chicago, IL?
A reasonable rent price in Austin, Chicago, IL is around $1,400/month. You can search for these reasonably priced rental listings on RentHop.