Average Rent in Austin, Chicago, IL

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Current Versus Historical Austin, Chicago, IL Rents

Austin rentals average $1,200 for a studio rental to $2,375 for a 4-bedroom rental. The median price of all currently available listings is $1,800, or roughly $20 per square feet.

For the apartment units and housing in July 2026, median rents have fallen substantially over the last year. Studio rentals prices have decreased by $104 (-8.39%) year-over-year from $1,242 to $1,138. 1-bedroom rentals prices have decreased by $238 (-20.00%) year-over-year from $1,188 to $950. 2-bedroom rentals prices have increased by $236 (15.08%) year-over-year from $1,564 to $1,800. 3-bedroom rentals prices have increased by $51 (2.75%) year-over-year from $1,849 to $1,900. 4-bedroom rentals prices have decreased by $308 (-11.49%) year-over-year from $2,683 to $2,375. 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 2.32% this month. 1-bedroom rents have gone down by 14.93% this month. 2-bedroom rents have gone up by 9.09% this month. 3-bedroom rents have gone up by 0.88% this month. 4-bedroom rents have gone down by 8.18% this month.

Beds	Price / Sqft	Jul 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$24.00	$1,138	$1,242 (-8.39%)	$756 (50.50%)
1 BR	$20.57	$950	$1,188 (-20.00%)	$947 (0.35%)
2 BR	$19.50	$1,800	$1,564 (15.08%)	$1,217 (47.95%)
3 BR	$18.60	$1,900	$1,849 (2.75%)	$1,408 (34.99%)
4+ BR	$22.80	$2,375	$2,683 (-11.49%)	$2,090 (13.64%)

Historical Rents in Austin, Chicago, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Austin

There are a total of 13 cities nearby Austin. The average rent in Austin is currently $2,350 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Berwyn, IL, with an average rent of $1,250, is the most affordable city nearby. In contrast, the most expensive city near Austin, Chicago, IL is Vernon Hills, IL. Monthly rents here are on average $2,750 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 4.69% more affordable than other cities nearby. One bedrooms are about 76.59% more affordable. Two bedrooms in Austin, Chicago, IL are about 27.78% more affordable. Finally, rent for three bedrooms are about 54.40% more affordable. Want more information? Check out the top 10 cities out of 13 total cities near Austin, Chicago, IL in the following table.

City	Studio	1 Bed	2 Bed	All
Berwyn, IL	$1,023	$1,200	$1,750	$1,250
Cicero, IL	$895	$1,093	$1,675	$1,295
Palatine, IL	N/A	$1,538	$1,975	$1,995
Wheaton, IL	$1,650	$2,126	$2,349	$2,255
Chicago, IL	$1,560	$2,150	$2,495	$2,300
Oak Park, IL	$1,300	$1,750	$2,550	$2,350
Schaumburg, IL	N/A	$2,165	$2,295	$2,350
Skokie, IL	N/A	$1,650	$2,400	$2,500
Evanston, IL	$2,088	$2,200	$2,425	$2,550
Naperville, IL	$1,325	$1,799	$2,300	$2,600

Top Neighborhoods Near Austin

There are a total of 29 neighborhoods in or near Austin. Some of these neighborhoods include Englewood, Rogers Park, and South Shore. We've included all of these top 29 neighborhoods in or near Austin, Chicago, IL in the following table.

The average rent for these 29 neighborhoods in or near Austin, Chicago, IL is currently around $2,395 per month. A total of 4 neighborhoods have a lower average rent. Meaning, only twenty-five neighborhoods have a higher average rent than $2,395. Interestingly, the neighborhoods' average rent is higher than Austin's average rent, which is only $1,800. Out of all the neighborhoods in or near Austin, Englewood has the most affordable average rent at $1,450 per month. Whereas, at $3,550 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
Englewood, Chicago, IL	$1,100	$1,250	$1,400	$1,450
Rogers Park, Chicago, IL	$1,195	$1,450	$1,850	$1,650
South Shore, Chicago, IL	$975	$1,175	$1,550	$1,675
Lawndale, Chicago, IL	N/A	$1,723	$1,750	$1,800
Edgewater, Chicago, IL	$1,425	$1,795	$2,500	$1,850
Albany Park, Chicago, IL	$1,463	$1,473	$1,963	$1,900
Uptown, Chicago, IL	$1,295	$1,775	$2,800	$1,900
Bridgeport, Chicago, IL	N/A	$1,638	$2,125	$1,975
Ravenswood, Chicago, IL	$1,450	$1,925	$2,700	$1,975
Pilsen, Chicago, IL	$1,988	$1,600	$1,973	$1,995
West Rogers Park, Chicago, IL	$1,350	$1,563	$1,900	$1,995
Jefferson Park, Chicago, IL	$1,450	$1,495	$2,100	$2,100
Far East, Aurora, IL	N/A	$1,905	$2,200	$2,202
Hyde Park, Chicago, IL	$1,295	$1,700	$2,090	$2,300
Humboldt Park, Chicago, IL	$1,675	$1,975	$1,938	$2,395
Lakeview, Chicago, IL	$1,570	$2,195	$3,200	$2,395
Bronzeville, Chicago, IL	$1,200	$1,673	$2,365	$2,395
Logan Square, Chicago, IL	$1,595	$2,095	$2,500	$2,395
University Village - Little Italy, Chicago, IL	$850	$2,100	$2,700	$2,600
Lincoln Park, Chicago, IL	$1,750	$2,695	$3,800	$2,723
South Loop, Chicago, IL	$1,721	$2,400	$3,159	$2,800
Roscoe Village, Chicago, IL	N/A	$2,177	$2,800	$2,800
Near North Side, Chicago, IL	$1,950	$2,575	$3,900	$2,800
The Loop, Chicago, IL	$2,138	$2,500	$3,725	$2,934
Near West Side, Chicago, IL	N/A	$2,800	$3,700	$3,100
Wicker Park, Chicago, IL	$2,450	$2,698	$2,800	$3,100
West Town, Chicago, IL	$2,200	$2,267	$2,995	$3,200
Bucktown, Chicago, IL	$2,363	$2,695	$3,535	$3,495
DePaul, Chicago, IL	$1,778	$2,595	$3,500	$3,550

Top Counties Near Austin

There are a total of 28 counties located by Austin, Chicago, IL. Some of these counties include Berwyn, IL, Cicero, 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 3 counties have a lower average rent. The county that is the most affordable is Berwyn, IL. Its average rent per month is $1,250. Vice versa, with an average rent of $3,400, New Trier, IL is the most expensive county by Austin, Chicago, IL.

Typically, rent for studios in Austin, Chicago, IL is 3.33% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Austin, Chicago, IL is 58.54% more affordable than other counties nearby. Finally, rent for two bedrooms in Austin, Chicago, IL is 22.22% 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	$1,023	$1,200	$1,750	$1,250
Cicero, IL	$895	$1,093	$1,675	$1,295
Leyden, IL	$1,418	$1,450	$2,150	$2,000
Proviso, IL	$1,160	$1,400	$1,825	$2,025
Lyons, IL	N/A	$1,425	$1,750	$2,200
Chicago, IL	$1,560	$2,150	$2,495	$2,300
Oak Park, IL	$1,300	$1,750	$2,550	$2,350
Maine, IL	$1,195	$1,600	$2,250	$2,500
Evanston, IL	$2,088	$2,200	$2,425	$2,550
Niles, IL	N/A	$1,675	$2,500	$3,000

Top Zipcodes Near Austin

There are a total of 38 zipcodes in or near Austin, Chicago, IL. The average rent for all of these zipcodes is $2,297. 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 $1,250 per month. In comparison, the zipcode with the most expensive average rent of $3,250 per month is 60642, Chicago, IL.

Studios in these zipcodes have an average rent of $1,450. 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 Austin, Chicago, IL is $1,812 per month. Or in other words, $31 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,415 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	$1,550	$1,250	$1,800	$1,725
60641, Chicago, IL	$1,173	$1,370	$1,790	$1,863
60804, Cicero, IL	$895	$1,093	$1,675	$1,295
60612, Chicago, IL	$1,625	$2,098	$2,450	$2,500
60647, Chicago, IL	$1,595	$2,195	$2,650	$2,495
60622, Chicago, IL	$1,850	$2,225	$2,625	$2,898
60623, Chicago, IL	N/A	$1,225	$1,600	$1,700
60402, Berwyn, IL	$1,023	$1,200	$1,700	$1,250
60618, Chicago, IL	$1,450	$1,762	$2,500	$2,500
60642, Chicago, IL	$2,038	$2,297	$3,200	$3,250

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 $1,800. 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 $1,200 and an average price per square feet of $24.00. There are a total of 3 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 $1,025 and an average price per square feet of $20.57. There are a total of 8 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 $1,800 and an average price per square feet of $19.50. There are a total of 27 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 -0.08%, one bedroom rental prices have changed by -0.20%, two bedroom rental prices have changed by 0.15%, three bedroom rental prices have changed by 0.03% year-over-year.

What is a reasonable rent price in Austin, Chicago, IL?

A reasonable rent price in Austin, Chicago, IL is around $1,440/month. You can search for these reasonably priced rental listings on RentHop.