Average Rent in Chinatown, Chicago, IL

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Current Versus Historical Chinatown, Chicago, IL Rents

Chinatown rentals average $1,650 for a 2-bedroom rental to $2,500 for a 3-bedroom rental. The median price of all currently available listings is $2,075, or roughly $26 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 $536 (52.82%) year-over-year from $1,014 to $1,550. 1-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $2,200 to $2,200. 2-bedroom rentals prices have decreased by $550 (-25.00%) year-over-year from $2,200 to $1,650. 3-bedroom rentals prices have increased by $625 (33.33%) year-over-year from $1,875 to $2,500. 4-bedroom rentals prices have decreased by $298 (-14.20%) year-over-year from $2,098 to $1,800. 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 down by 0.00% this month. 2-bedroom rents have gone up by 1.54% this month. 3-bedroom rents have gone up by 3.45% this month. 4-bedroom rents have gone down by 0.00% this month.

Beds	Price / Sqft	Oct 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
2 BR	$26.40	$1,650	$2,200 (-25.00%)	$1,390 (18.74%)
3 BR	$25.00	$2,500	$1,875 (33.33%)	$1,539 (62.42%)

Historical Rents in Chinatown, Chicago, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Chinatown

There are a total of 12 cities nearby Chinatown. The average rent in Chinatown 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 Chinatown, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,900 per month.

Let's compare Chinatown, Chicago, IL's rent against other top cities nearby by bedroom size. Two bedrooms in Chinatown, Chicago, IL are about 34.09% more affordable. Finally, rent for three bedrooms are about 20.00% more affordable. Want more information? Check out the top 10 cities out of 12 total cities near Chinatown, 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 Chinatown

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

The average rent for these 29 neighborhoods in or near Chinatown, Chicago, IL is currently around $2,450 per month. A total of 10 neighborhoods have a lower average rent. Meaning, only nineteen neighborhoods have a higher average rent than $2,450. Interestingly, the neighborhoods' average rent is higher than Chinatown's average rent, which is only $2,075. Out of all the neighborhoods in or near Chinatown, 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 Chinatown. 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
Austin, Chicago, IL	$1,150	$1,150	$1,600	$1,750
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 Chinatown

There are a total of 28 counties located by Chinatown, 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. A total of 5 counties have a lower average rent. 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 Chinatown, Chicago, IL.

Rent for two bedrooms in Chinatown, Chicago, IL is 28.03% 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
Thornton, IL	$1,250	$1,200	$1,613	$2,175
Lyons, IL	$1,650	$1,500	$1,800	$2,300
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 Chinatown

There are a total of 35 zipcodes in or near Chinatown, Chicago, IL. The average rent for all of these zipcodes is $2,448. A total of 12 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 $1,525. 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 Chinatown, Chicago, IL is $1,848 per month. Or in other words, $34 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,489 per month. Which comes out to $29 per sqft. The following table includes the top 10 zipcodes in Chinatown, Chicago, IL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
60616, Chicago, IL	$1,744	$2,425	$3,037	$2,660
60605, Chicago, IL	$2,297	$2,728	$3,699	$2,853
60607, Chicago, IL	$2,403	$2,886	$3,915	$2,994
60608, Chicago, IL	$1,998	$1,498	$2,000	$2,048
60661, Chicago, IL	$2,272	$2,825	$3,792	$2,918
60653, Chicago, IL	$995	$1,700	$2,390	$2,585
60601, Chicago, IL	$2,362	$2,900	$4,192	$2,888
60654, Chicago, IL	$2,418	$2,973	$4,165	$3,146
60612, Chicago, IL	$2,190	$2,451	$2,925	$2,650
60611, Chicago, IL	$2,379	$2,850	$4,175	$3,150

Frequently Asked Questions - Chinatown Average Rents

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

The average monthly rental price for Chinatown, Chicago, IL apartments for rent is approximately $2,075. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Chinatown, 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 Chinatown, Chicago, IL.

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

The average monthly rental price for two bedroom apartments is $1,650 and an average price per square feet of $26.40. There are a total of 1 two bedroom apartment listings currently available for rent in Chinatown.

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

Rent prices for rentals in Chinatown, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by 0.53%, one bedroom rental prices have changed by 0.00%, two bedroom rental prices have changed by -0.25%, three bedroom rental prices have changed by 0.33% year-over-year.

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

A reasonable rent price in Chinatown, Chicago, IL is around $1,660/month. You can search for these reasonably priced rental listings on RentHop.