Average Rent in Chicago, IL

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Current Versus Historical Chicago, IL Rents

Chicago rentals average $1,595 for a studio rental to $4,200 for a 4-bedroom rental. The median price of all currently available listings is $2,300, or roughly $30 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 $5 (0.32%) year-over-year from $1,565 to $1,570. 1-bedroom rentals prices have increased by $97 (4.60%) year-over-year from $2,103 to $2,200. 2-bedroom rentals prices have decreased by $67 (-2.76%) year-over-year from $2,417 to $2,350. 3-bedroom rentals prices have decreased by $179 (-6.02%) year-over-year from $2,979 to $2,800. 4-bedroom rentals prices have increased by $33 (0.84%) year-over-year from $3,967 to $4,000. 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 down by 0.00% this month. 1-bedroom rents have gone up by 3.94% this month. 2-bedroom rents have gone down by 4.08% this month. 3-bedroom rents have gone down by 4.55% this month. 4-bedroom rents have gone down by 3.81% this month.

Beds	Price / Sqft	Jul 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$39.43	$1,570	$1,565 (0.32%)	$1,297 (21.08%)
1 BR	$36.00	$2,200	$2,103 (4.60%)	$1,741 (26.35%)
2 BR	$28.67	$2,350	$2,417 (-2.76%)	$2,182 (7.72%)
3 BR	$25.04	$2,800	$2,979 (-6.02%)	$2,616 (7.04%)
4+ BR	$26.76	$4,000	$3,967 (0.84%)	$3,333 (20.03%)

Historical Rents in Chicago, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Chicago

There are a total of 11 cities nearby Chicago. The average rent in Chicago is currently $2,349 per month. A total of 5 cities nearby have an average rent lower than that. Our records show that Cicero, IL, with an average rent of $1,163, is the most affordable city nearby. In contrast, the most expensive city near Chicago, IL is Vernon Hills, IL. Monthly rents here are on average $2,750 per month.

Let's compare Chicago, IL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Chicago, IL is 37.46% more expensive than other cities nearby. One bedrooms are about 20.93% more expensive. Two bedrooms in Chicago, IL are about 7.82% more expensive. Finally, rent for three bedrooms are about 4.31% more expensive. Want more information? Check out the top 10 cities out of 11 total cities near Chicago, IL in the following table.

City	Studio	1 Bed	2 Bed	All
Cicero, IL	$895	$1,075	$1,613	$1,163
Berwyn, IL	$1,100	$1,250	$1,750	$1,300
Oak Park, IL	$1,300	$1,700	$2,350	$2,250
Schaumburg, IL	N/A	$2,006	$2,300	$2,300
Wheaton, IL	N/A	$2,126	$2,349	$2,349
Aurora, IL	$1,213	$1,695	$2,199	$2,401
Skokie, IL	N/A	$1,600	$2,500	$2,500
Evanston, IL	$2,125	$2,225	$2,400	$2,500
Naperville, IL	N/A	$1,799	$2,350	$2,587
Vernon Hills, IL	N/A	$1,900	$2,300	$2,750

Top Neighborhoods Near Chicago

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

The average rent for these 28 neighborhoods in or near Chicago, IL is currently around $2,275 per month. A total of 14 neighborhoods have a lower average rent. Meaning, only fourteen neighborhoods have a higher average rent than $2,275. Interestingly, the neighborhoods' average rent is less than Chicago's average rent, which is actually $2,300. Out of all the neighborhoods in or near Chicago, 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 Chicago. 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	$1,450	$1,850	$1,650
Austin, Chicago, IL	$1,063	$1,100	$1,800	$1,773
Lawndale, Chicago, IL	N/A	$1,450	$1,700	$1,800
Albany Park, Chicago, IL	$1,550	$1,485	$2,049	$1,825
Edgewater, Chicago, IL	$1,473	$1,763	$2,500	$1,828
Hyde Park, Chicago, IL	$1,290	$1,795	$1,975	$1,950
Uptown, Chicago, IL	$1,398	$1,825	$2,950	$2,031
Ravenswood, Chicago, IL	$1,488	$1,950	$2,495	$2,045
West Rogers Park, Chicago, IL	N/A	$1,585	$1,973	$2,095
Pilsen, Chicago, IL	$2,650	$1,650	$2,000	$2,100
Jefferson Park, Chicago, IL	$1,375	$1,473	$2,100	$2,100
Woodlawn, Chicago, IL	$2,400	$1,565	$1,798	$2,200
Logan Square, Chicago, IL	$1,595	$2,095	$2,548	$2,350
Humboldt Park, Chicago, IL	N/A	$1,800	$2,073	$2,400
Far East, Aurora, IL	N/A	$1,829	$2,261	$2,406
Bronzeville, Chicago, IL	$1,200	$1,695	$2,365	$2,423
Lakeview, Chicago, IL	$1,625	$2,195	$3,197	$2,575
Lincoln Park, Chicago, IL	$1,750	$2,500	$3,925	$2,600
University Village - Little Italy, Chicago, IL	$1,169	$2,100	$2,550	$2,673
Near North Side, Chicago, IL	$1,950	$2,600	$4,000	$2,850
South Loop, Chicago, IL	$1,780	$2,400	$3,152	$2,900
The Loop, Chicago, IL	$2,175	$2,600	$3,900	$3,000
West Town, Chicago, IL	$2,275	$2,299	$2,800	$3,200
DePaul, Chicago, IL	$1,915	$2,523	$3,500	$3,350
Near West Side, Chicago, IL	N/A	$2,900	$3,700	$3,400
Bucktown, Chicago, IL	$2,363	$2,575	$3,100	$3,500

Top Counties Near Chicago

There are a total of 26 counties located by Chicago, IL. Some of these counties include Cicero, IL, Berwyn, IL, and Worth, IL. The average rent for rentals in these counties is $2,373. That's roughly around $24 per sqft. A total of 11 counties have a lower average rent. The county that is the most affordable is Cicero, IL. Its average rent per month is $1,163. Vice versa, with an average rent of $3,500, New Trier, IL is the most expensive county by Chicago, IL.

Typically, rent for studios in Chicago, IL is 31.03% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Chicago, IL is 22.97% more expensive than other counties nearby. Finally, rent for two bedrooms in Chicago, IL is 9.32% more expensive than other counties nearby. We've listed the top 10 counties in the table below.

County	Studio	1 Bed	2 Bed	All
Cicero, IL	$895	$1,075	$1,613	$1,163
Berwyn, IL	$1,100	$1,250	$1,750	$1,300
Worth, IL	$1,575	$1,385	$1,700	$1,850
Proviso, IL	$1,125	$1,400	$1,925	$2,000
Lyons, IL	N/A	$1,345	$1,750	$2,095
Leyden, IL	$1,360	$1,400	$2,500	$2,200
Oak Park, IL	$1,300	$1,700	$2,350	$2,250
Chicago, IL	$1,595	$2,150	$2,495	$2,300
Evanston, IL	$2,125	$2,225	$2,400	$2,500
Niles, IL	N/A	$1,700	$2,675	$2,800

Top Zipcodes Near Chicago

There are a total of 37 zipcodes in or near Chicago, IL. The average rent for all of these zipcodes is $2,285. A total of 19 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60804, Cicero, IL at $1,163 per month. In comparison, the zipcode with the most expensive average rent of $3,250 per month is 60607, Chicago, IL.

Studios in these zipcodes have an average rent of $1,488. 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 Chicago, IL is $1,799 per month. Or in other words, $30 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,400 per month. Which comes out to $28 per sqft. The following table includes the top 10 zipcodes in Chicago, IL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
60657, Chicago, IL	$1,645	$2,175	$3,173	$2,450
60614, Chicago, IL	$1,845	$2,500	$3,600	$2,995
60613, Chicago, IL	$1,600	$2,238	$3,143	$2,700
60608, Chicago, IL	$2,650	$1,700	$2,000	$2,150
60647, Chicago, IL	$1,595	$2,150	$2,600	$2,495
60611, Chicago, IL	$2,300	$2,500	$4,200	$2,822
60622, Chicago, IL	$1,800	$2,300	$2,700	$3,000
60607, Chicago, IL	$1,488	$2,900	$3,640	$3,250
60640, Chicago, IL	$1,465	$1,850	$2,600	$1,950
60610, Chicago, IL	$1,663	$2,500	$3,945	$2,600

Frequently Asked Questions - Chicago Average Rents

What is the average rent price in Chicago, IL?

The average monthly rental price for Chicago, IL apartments for rent is approximately $2,300. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 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 Chicago, IL.

How much is a studio apartment in Chicago, IL?

The average monthly rental price for studio apartments is $1,595 and an average price per square feet of $39.43. There are a total of 600 studio apartment listings currently available for rent in Chicago.

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

The average monthly rental price for one bedroom apartments is $2,150 and an average price per square feet of $36.00. There are a total of 1,462 one bedroom apartment listings currently available for rent in Chicago.

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

The average monthly rental price for two bedroom apartments is $2,495 and an average price per square feet of $28.67. There are a total of 1,946 two bedroom apartment listings currently available for rent in Chicago.

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

Rent prices for rentals in Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by 0.05%, two bedroom rental prices have changed by -0.03%, three bedroom rental prices have changed by -0.06% year-over-year.

What is a reasonable rent price in Chicago, IL?

A reasonable rent price in Chicago, IL is around $1,840/month. You can search for these reasonably priced rental listings on RentHop.