Average Rent in DePaul, Chicago, IL

Current Versus Historical DePaul, Chicago, IL Rents

DePaul rentals average $1,595 for a studio rental to $5,500 for a 4-bedroom rental. The median price of all currently available listings is $2,313, or roughly $3 per square feet.

For the apartment units and housing in April 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $825 (98.21%) year-over-year from $840 to $1,665. 1-bedroom rentals prices have increased by $333 (17.85%) year-over-year from $1,863 to $2,195. 2-bedroom rentals prices have increased by $34 (1.34%) year-over-year from $2,558 to $2,593. 3-bedroom rentals prices have increased by $393 (12.14%) year-over-year from $3,233 to $3,625. 4-bedroom rentals prices have increased by $1,447 (34.87%) year-over-year from $4,148 to $5,595. 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 21.53% this month. 1-bedroom rents have gone up by 1.47% this month. 2-bedroom rents have gone down by 3.29% this month. 3-bedroom rents have gone down by 3.33% this month. 4-bedroom rents have gone up by 6.30% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$4.30	$1,665	$840 (98.21%)	$1,178 (41.30%)
1 BR	$3.23	$2,195	$1,863 (17.85%)	$1,616 (35.80%)
2 BR	$2.36	$2,593	$2,558 (1.34%)	$1,983 (30.77%)
3 BR	$1.93	$3,625	$3,233 (12.14%)	$2,700 (34.26%)
4+ BR	$2.80	$5,595	$4,148 (34.87%)	$3,744 (49.43%)

Historical Rents in DePaul, Chicago, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near DePaul

There are a total of 5 cities nearby DePaul. The average rent in DePaul is currently $2,105 per month. A total of 4 cities nearby have an average rent lower than that. Our records show that Evanston, IL, with an average rent of $1,998, is the most affordable city nearby. In contrast, the most expensive city near DePaul, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,850 per month.

Let's compare DePaul, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 21.60% more expensive. Two bedrooms in DePaul, Chicago, IL are about 6.25% more expensive. Finally, rent for three bedrooms are about 11.54% more expensive. Want more information? Check out the top 5 cities near DePaul, Chicago, IL in the following chart.

City	Studio	1 Bed	2 Bed	All
Evanston, IL	$1,185	$1,650	$2,150	$1,998
Chicago, IL	$1,350	$1,760	$2,250	$2,012
Schaumburg, IL	N/A	$1,995	$2,350	$2,105
Wheaton, IL	N/A	$1,865	$2,320	$2,310
Naperville, IL	N/A	$1,650	$2,250	$2,850

Top Neighborhoods Near DePaul

There are a total of 13 neighborhoods in or near DePaul. Some of these neighborhoods include Edgewater, Ravenswood, and Rogers Park. We've included all of these top 13 neighborhoods in or near DePaul, Chicago, IL in the following chart.

The average rent for these 13 neighborhoods in or near DePaul, Chicago, IL is currently around $1,800 per month. A total of 11 neighborhoods have a lower average rent. Meaning, only two neighborhoods have a higher average rent than $1,800. Out of all the neighborhoods in or near DePaul, Edgewater has the most affordable average rent at $1,550 per month. Whereas, at $2,786 average rent per month, South Loop is the most expensive neighborhood in or near DePaul. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Edgewater, Chicago, IL	$1,121	$1,550	$2,123	$1,550
Ravenswood, Chicago, IL	$1,220	$1,550	$2,550	$1,600
Rogers Park, Chicago, IL	$1,085	$1,358	$1,850	$1,600
Uptown, Chicago, IL	$1,100	$1,600	$2,225	$1,650
West Rogers Park, Chicago, IL	$1,200	$1,325	$1,800	$1,698
Albany Park, Chicago, IL	$1,048	$1,435	$1,860	$1,725
Lincoln Park, Chicago, IL	$1,385	$1,900	$2,890	$1,800
Humboldt Park, Chicago, IL	N/A	$1,775	$1,825	$1,975
Logan Square, Chicago, IL	$1,250	$1,795	$2,050	$1,998
Lakeview, Chicago, IL	$1,350	$1,850	$2,590	$2,095
Hyde Park, Chicago, IL	$1,250	$1,673	$2,000	$2,198
Near North Side, Chicago, IL	$1,860	$2,350	$3,500	$2,543
South Loop, Chicago, IL	$1,648	$2,225	$3,000	$2,786

Top Counties Near DePaul

There are a total of 13 counties located by DePaul, Chicago, IL. Some of these counties include Evanston, IL, Chicago, IL, and Schaumburg, IL. The average rent for rentals in these counties is $2,113. That's roughly around $2 per sqft. A total of 5 counties have a lower average rent. The county that is the most affordable is Evanston, IL. It's average rent per month is $1,998. Vice versa, with an average rent of $2,700, Naperville, IL is the most expensive county by DePaul, Chicago, IL.

Typically, rent for studios in DePaul, Chicago, IL is 62.85% more expensive than other counties nearby. In comparison, rent for one bedroom listings in DePaul, Chicago, IL is 20.16% more expensive than other counties nearby. Finally, rent for two bedrooms in DePaul, Chicago, IL is 6.25% more expensive than other counties nearby. We've listed the top 6 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Evanston, IL	$1,185	$1,650	$2,150	$1,998
Chicago, IL	$1,350	$1,760	$2,250	$2,012
Schaumburg, IL	$1,195	$1,985	$2,400	$2,100
Downers Grove, IL	N/A	$1,825	$2,209	$2,125
Milton, IL	N/A	$1,865	$2,310	$2,300
Naperville, IL	N/A	$1,663	$2,250	$2,700

Top Zipcodes Near DePaul

There are a total of 21 zipcodes in or near DePaul, Chicago, IL. The average rent for all of these zipcodes is $2,100. A total of 14 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60660, Chicago, IL at $1,550 per month. In comparison, the zipcode with the most expensive average rent of $2,998 per month is 60607, Chicago, IL.

Studios in these zipcodes have an average rent of $1,250. That's at least $3 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near DePaul, Chicago, IL is $1,890 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,398 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in DePaul, Chicago, IL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
60614, Chicago, IL	$1,600	$2,290	$2,883	$2,295
60642, Chicago, IL	$1,929	$2,263	$2,725	$2,675
60657, Chicago, IL	$1,345	$1,900	$2,600	$2,077
60647, Chicago, IL	$1,250	$1,890	$2,150	$2,100
60622, Chicago, IL	$1,893	$2,100	$2,400	$2,390
60610, Chicago, IL	$1,868	$2,300	$3,500	$2,600
60613, Chicago, IL	$1,325	$1,695	$2,585	$1,950
60618, Chicago, IL	$1,400	$1,495	$1,900	$1,900
60654, Chicago, IL	$1,940	$2,455	$3,500	$2,500
60611, Chicago, IL	$1,800	$2,300	$3,629	$2,600

Frequently Asked Questions - DePaul Average Rents

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

The average monthly rental price for DePaul, Chicago, IL apartments for rent is approximately $2,313. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do DePaul, 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 DePaul, Chicago, IL.

How much is a studio apartment in DePaul, Chicago, IL?

The average monthly rental price for studio apartments is $1,595 and an average price per square feet of $4.30. There are a total of 24 studio apartment listings currently available for rent in DePaul.

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

The average monthly rental price for one bedroom apartments is $2,245 and an average price per square feet of $3.23. There are a total of 29 one bedroom apartment listings currently available for rent in DePaul.

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

The average monthly rental price for two bedroom apartments is $2,400 and an average price per square feet of $2.36. There are a total of 31 two bedroom apartment listings currently available for rent in DePaul.

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

Rent prices for rentals in DePaul, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by 0.98%, one bedroom rental prices have changed by 0.18%, two bedroom rental prices have changed by 0.01%, and three bedroom rental prices have changed by 0.12% year-over-year.

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

A reasonable rent price in DePaul, Chicago, IL is around $1,850/month. You can search for these reasonably priced rental listings on RentHop.