Average Rent in Gold Coast, Chicago, IL

Current Versus Historical Gold Coast, Chicago, IL Rents

Gold Coast rentals average $1,738 for a studio rental to $10,350 for a 4-bedroom rental. The median price of all currently available listings is $2,950, or roughly $3 per square feet.

For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $8,526 (578.67%) year-over-year from $1,473 to $9,999. 1-bedroom rentals prices have increased by $557 (25.21%) year-over-year from $2,208 to $2,765. 2-bedroom rentals prices have increased by $651 (19.73%) year-over-year from $3,299 to $3,950. 3-bedroom rentals prices have increased by $2,191 (39.40%) year-over-year from $5,560 to $7,750. 4-bedroom rentals prices have increased by $1,643 (15.87%) year-over-year from $10,357 to $12,000. 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 up by 126.03% this month. 1-bedroom rents have gone up by 22.45% this month. 2-bedroom rents have gone up by 14.38% this month. 3-bedroom rents have gone up by 29.43% this month. 4-bedroom rents have gone down by 16.76% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.98	$9,999	$1,473 (578.67%)	$1,478 (576.37%)
1 BR	$2.93	$2,765	$2,208 (25.21%)	$1,829 (51.18%)
2 BR	$2.78	$3,950	$3,299 (19.73%)	$2,802 (40.98%)
3 BR	$3.05	$7,750	$5,560 (39.40%)	$4,890 (58.48%)
4+ BR	$1.83	$12,000	$10,357 (15.87%)	$8,000 (50.00%)

Historical Rents in Gold Coast, Chicago, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Gold Coast

There are a total of 5 cities nearby Gold Coast. The average rent in Gold Coast is currently $2,257 per month. A total of 5 cities nearby have an average rent lower than that. Our records show that Schaumburg, IL, with an average rent of $2,195, is the most affordable city nearby. In contrast, the most expensive city near Gold Coast, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,800 per month.

Let's compare Gold Coast, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 25.25% more expensive. Two bedrooms in Gold Coast, Chicago, IL are about 40.35% more expensive. Finally, rent for three bedrooms are about 60.48% more expensive. Want more information? Check out the top 5 cities near Gold Coast, Chicago, IL in the following chart.

City	Studio	1 Bed	2 Bed	All
Schaumburg, IL	N/A	$1,995	$2,459	$2,195
Chicago, IL	$1,350	$1,850	$2,450	$2,200
Wheaton, IL	N/A	$1,923	$2,310	$2,257
Aurora, IL	N/A	$1,300	$2,100	$2,295
Naperville, IL	N/A	$1,675	$2,275	$2,800

Top Neighborhoods Near Gold Coast

There are a total of 8 neighborhoods in or near Gold Coast. Some of these neighborhoods include Rogers Park, Uptown, and Lakeview. We've included all of these top 8 neighborhoods in or near Gold Coast, Chicago, IL in the following chart.

The average rent for these 8 neighborhoods in or near Gold Coast, Chicago, IL is currently around $2,199 per month. A total of 7 neighborhoods have a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Out of all the neighborhoods in or near Gold Coast, Rogers Park has the most affordable average rent at $1,425 per month. Whereas, at $3,225 average rent per month, Near North Side is the most expensive neighborhood in or near Gold Coast. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Rogers Park, Chicago, IL	$1,100	$1,300	$1,750	$1,425
Uptown, Chicago, IL	$1,200	$1,695	$2,600	$1,695
Lakeview, Chicago, IL	$1,495	$1,923	$2,750	$2,100
Logan Square, Chicago, IL	$1,150	$1,975	$2,050	$2,150
Hyde Park, Chicago, IL	$1,273	$1,650	$1,875	$2,248
The Loop, Chicago, IL	$1,825	$2,500	$3,075	$2,700
South Loop, Chicago, IL	N/A	$2,200	$3,000	$2,786
Near North Side, Chicago, IL	$1,750	$2,450	$3,692	$3,225

Top Counties Near Gold Coast

There are a total of 8 counties located by Gold Coast, Chicago, IL. Some of these counties include Schaumburg, IL, Chicago, IL, and Downers Grove, IL. The average rent for rentals in these counties is $2,200. 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 Schaumburg, IL. It's average rent per month is $2,195. Vice versa, with an average rent of $2,650, Naperville, IL is the most expensive county by Gold Coast, Chicago, IL.

In comparison, rent for one bedroom listings in Gold Coast, Chicago, IL is 25.25% more expensive than other counties nearby. Finally, rent for two bedrooms in Gold Coast, Chicago, IL is 40.61% more expensive than other counties nearby. We've listed the top 5 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Schaumburg, IL	N/A	$1,995	$2,464	$2,195
Chicago, IL	$1,350	$1,850	$2,450	$2,200
Downers Grove, IL	N/A	$1,830	$2,218	$2,200
Milton, IL	N/A	$1,900	$2,300	$2,257
Naperville, IL	N/A	$1,675	$2,198	$2,650

Top Zipcodes Near Gold Coast

There are a total of 18 zipcodes in or near Gold Coast, Chicago, IL. The average rent for all of these zipcodes is $2,213. A total of 15 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60626, Chicago, IL at $1,390 per month. In comparison, the zipcode with the most expensive average rent of $3,500 per month is 60611, Chicago, IL.

Studios in these zipcodes have an average rent of $1,225. 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 Gold Coast, Chicago, IL is $1,964 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,521 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Gold Coast, Chicago, IL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
60611, Chicago, IL	$1,835	$2,500	$3,800	$3,500
60610, Chicago, IL	$1,713	$2,233	$3,600	$3,000
60642, Chicago, IL	$1,929	$2,350	$2,650	$2,556
60614, Chicago, IL	$1,525	$2,295	$3,295	$2,545
60605, Chicago, IL	N/A	$2,298	$3,014	$2,709
60607, Chicago, IL	$1,594	$2,344	$3,250	$2,977
60657, Chicago, IL	$1,495	$1,898	$2,800	$2,095
60622, Chicago, IL	N/A	$2,100	$2,463	$2,825
60647, Chicago, IL	$1,150	$1,975	$2,225	$2,225
60613, Chicago, IL	$1,473	$1,795	$2,593	$2,200

Frequently Asked Questions - Gold Coast Average Rents

What is the average rent price in Gold Coast, Chicago, IL?

The average monthly rental price for Gold Coast, Chicago, IL apartments for rent is approximately $2,950. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Gold Coast, 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 Gold Coast, Chicago, IL.

How much is a studio apartment in Gold Coast, Chicago, IL?

The average monthly rental price for studio apartments is $1,738 and an average price per square feet of $2.98. There are a total of 14 studio apartment listings currently available for rent in Gold Coast.

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

The average monthly rental price for one bedroom apartments is $2,475 and an average price per square feet of $2.93. There are a total of 25 one bedroom apartment listings currently available for rent in Gold Coast.

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

The average monthly rental price for two bedroom apartments is $3,873 and an average price per square feet of $2.78. There are a total of 20 two bedroom apartment listings currently available for rent in Gold Coast.

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

Rent prices for rentals in Gold Coast, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by 5.79%, one bedroom rental prices have changed by 0.25%, two bedroom rental prices have changed by 0.20%, and three bedroom rental prices have changed by 0.39% year-over-year.

What is a reasonable rent price in Gold Coast, Chicago, IL?

A reasonable rent price in Gold Coast, Chicago, IL is around $2,360/month. You can search for these reasonably priced rental listings on RentHop.