Average Rent in Chatham, Chicago, IL

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Current Versus Historical Chatham, Chicago, IL Rents

Chatham rentals average $1,100 for a 1-bedroom rental to $2,350 for a 4-bedroom rental. The median price of all currently available listings is $1,750, or roughly $17 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 $2,330 (-69.97%) year-over-year from $3,330 to $1,000. 1-bedroom rentals prices have increased by $3 (0.23%) year-over-year from $1,098 to $1,100. 2-bedroom rentals prices have increased by $183 (13.41%) year-over-year from $1,367 to $1,550. 3-bedroom rentals prices have increased by $115 (6.53%) year-over-year from $1,760 to $1,875. 4-bedroom rentals prices have increased by $617 (35.58%) year-over-year from $1,733 to $2,350. 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 down by 0.00% this month. 1-bedroom rents have gone up by 7.06% this month. 2-bedroom rents have gone up by 1.09% this month. 3-bedroom rents have gone up by 2.04% this month. 4-bedroom rents have gone up by 0.36% this month.

Beds	Price / Sqft	Oct 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$15.53	$1,100	$1,098 (0.23%)	$1,181 (-6.87%)
2 BR	$22.67	$1,550	$1,367 (13.41%)	$1,220 (27.05%)
3 BR	$17.86	$1,875	$1,760 (6.53%)	$1,433 (30.81%)
4+ BR	$18.80	$2,350	$1,733 (35.58%)	$1,733 (35.58%)

Historical Rents in Chatham, Chicago, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Chatham

There are a total of 12 cities nearby Chatham. The average rent in Chatham is currently $2,405 per month. Our records show that Oak Park, IL, with an average rent of $2,119, is the most affordable city nearby. In contrast, the most expensive city near Chatham, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,900 per month.

Let's compare Chatham, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 74.98% more affordable. Two bedrooms in Chatham, Chicago, IL are about 38.28% more affordable. Finally, rent for three bedrooms are about 60.00% more affordable. Want more information? Check out the top 10 cities out of 12 total cities near Chatham, Chicago, IL in the following table.

City	Studio	1 Bed	2 Bed	All
Oak Park, IL	$1,929	$2,419	$2,150	$2,119
Palatine, IL	$1,300	$1,500	$2,050	$2,300
Joliet, IL	N/A	$1,313	$1,900	$2,379
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
Evanston, IL	$2,110	$1,795	$2,395	$2,500
Chicago, IL	$2,140	$2,576	$3,048	$2,575
Arlington Heights, IL	$1,200	$2,000	$2,225	$2,600
Naperville, IL	N/A	$1,625	$2,350	$2,900

Top Neighborhoods Near Chatham

There are a total of 30 neighborhoods in or near Chatham. Some of these neighborhoods include South Shore, Edgewater, and Austin. We've included all of these top 30 neighborhoods in or near Chatham, Chicago, IL in the following table.

The average rent for these 30 neighborhoods in or near Chatham, Chicago, IL is currently around $2,406 per month. A total of 3 neighborhoods have a lower average rent. Meaning, only twenty-seven neighborhoods have a higher average rent than $2,406. Interestingly, the neighborhoods' average rent is higher than Chatham's average rent, which is only $1,750. Out of all the neighborhoods in or near Chatham, 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 Chatham. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
South Shore, Chicago, IL	$995	$1,200	$1,450	$1,575
Edgewater, Chicago, IL	$1,364	$1,600	$2,498	$1,650
Austin, Chicago, IL	$1,150	$1,174	$1,600	$1,750
Rogers Park, Chicago, IL	$1,341	$1,450	$2,000	$1,784
Woodlawn, Chicago, IL	N/A	$1,565	$1,850	$1,880
West Rogers Park, Chicago, IL	$1,338	$1,495	$1,905	$1,903
Hyde Park, Chicago, IL	$1,095	$1,373	$2,350	$1,925
Lawndale, Chicago, IL	$1,550	$1,400	$1,650	$1,925
Uptown, Chicago, IL	$1,395	$1,980	$2,500	$1,985
Albany Park, Chicago, IL	$1,275	$1,513	$2,000	$2,000
Pilsen, Chicago, IL	$1,998	$1,498	$2,025	$2,050
Jefferson Park, Chicago, IL	$1,300	$1,500	$2,200	$2,200
Ravenswood, Chicago, IL	$1,550	$1,950	$2,650	$2,250
Humboldt Park, Chicago, IL	$1,513	$1,750	$2,075	$2,350
Logan Square, Chicago, IL	$1,695	$2,233	$2,520	$2,400
University Village - Little Italy, Chicago, IL	$2,004	$2,336	$3,036	$2,412
Lakeview, Chicago, IL	$1,505	$2,297	$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	$2,741	$4,152	$2,737
South Loop, Chicago, IL	$2,268	$2,658	$3,519	$2,850
The Loop, Chicago, IL	$2,398	$2,870	$4,050	$2,864
Wicker Park, Chicago, IL	$2,400	$2,880	$3,200	$2,915
Near West Side, Chicago, IL	$2,332	$2,868	$3,809	$2,935
Goose Island, Chicago, IL	$2,075	$3,052	$4,545	$3,025
Near North Side, Chicago, IL	$2,380	$2,889	$4,178	$3,035
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 Chatham

There are a total of 28 counties located by Chatham, Chicago, IL. Some of these counties include Worth, IL, Proviso, IL, and Leyden, IL. The average rent for rentals in these counties is $2,398. 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, Vernon, IL is the most expensive county by Chatham, Chicago, IL.

In comparison, rent for one bedroom listings in Chatham, Chicago, IL is 50.00% more affordable than other counties nearby. Finally, rent for two bedrooms in Chatham, Chicago, IL is 32.81% 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	$1,450	$1,675	$1,800
Proviso, IL	$1,195	$1,425	$1,800	$1,875
Leyden, IL	N/A	$1,488	$1,895	$1,898
Oak Park, IL	$1,929	$2,419	$2,150	$2,119
Thornton, IL	$1,250	$1,200	$1,613	$2,175
Lyons, IL	$1,650	$1,500	$1,825	$2,300
Downers Grove, IL	N/A	$1,600	$2,025	$2,300
York, IL	N/A	$1,650	$2,000	$2,375
Chicago, IL	$2,140	$2,576	$3,048	$2,575
Niles, IL	$1,150	$2,300	$2,250	$2,700

Top Zipcodes Near Chatham

There are a total of 37 zipcodes in or near Chatham, Chicago, IL. The average rent for all of these zipcodes is $2,300. A total of 5 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 $3,158 per month is 60611, Chicago, IL.

Studios in these zipcodes have an average rent of $1,520. 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 Chatham, Chicago, IL is $1,795 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 Chatham, Chicago, IL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
60619, Chicago, IL	N/A	$1,100	$1,550	$1,700
60649, Chicago, IL	$995	$1,200	$1,450	$1,575
60637, Chicago, IL	$1,125	$1,565	$1,625	$1,850
60617, Chicago, IL	$973	$1,300	$1,463	$1,600
60615, Chicago, IL	$1,125	$1,498	$1,925	$2,268
60653, Chicago, IL	$995	$1,700	$2,390	$2,585
60616, Chicago, IL	$1,744	$2,425	$3,037	$2,665
60608, Chicago, IL	$1,998	$1,498	$2,000	$2,045
60605, Chicago, IL	$2,293	$2,728	$3,699	$2,851
60623, Chicago, IL	N/A	$1,375	$1,600	$1,700

Frequently Asked Questions - Chatham Average Rents

What is the average rent price in Chatham, Chicago, IL?

The average monthly rental price for Chatham, 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 Chatham, 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 Chatham, Chicago, IL.

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

The average monthly rental price for one bedroom apartments is $1,100 and an average price per square feet of $15.53. There are a total of 7 one bedroom apartment listings currently available for rent in Chatham.

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

The average monthly rental price for two bedroom apartments is $1,600 and an average price per square feet of $22.67. There are a total of 11 two bedroom apartment listings currently available for rent in Chatham.

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

Rent prices for rentals in Chatham, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by -0.70%, one bedroom rental prices have changed by 0.00%, two bedroom rental prices have changed by 0.13%, three bedroom rental prices have changed by 0.07% year-over-year.

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

A reasonable rent price in Chatham, Chicago, IL is around $1,400/month. You can search for these reasonably priced rental listings on RentHop.