Average Rent in Logan Square, Chicago, IL

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Current Versus Historical Logan Square, Chicago, IL Rents

Logan Square rentals average $1,150 for a studio rental to $6,425 for a 4-bedroom rental. The median price of all currently available listings is $2,050, or roughly $2 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 $184 (16.18%) year-over-year from $1,138 to $1,323. 1-bedroom rentals prices have increased by $393 (23.72%) year-over-year from $1,655 to $2,048. 2-bedroom rentals prices have increased by $2,277 (115.37%) year-over-year from $1,973 to $4,250. 3-bedroom rentals prices have increased by $531 (23.39%) year-over-year from $2,269 to $2,800. 4-bedroom rentals prices have increased by $1,970 (60.06%) year-over-year from $3,280 to $5,250. 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 7.01% this month. 1-bedroom rents have gone up by 7.11% this month. 2-bedroom rents have gone up by 50.98% this month. 3-bedroom rents have gone up by 4.54% this month. 4-bedroom rents have gone up by 34.10% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.12 $1,323 $1,138 (16.18%) $1,033 (27.98%)
1 BR $2.50 $2,048 $1,655 (23.72%) $1,380 (48.37%)
2 BR $2.04 $4,250 $1,973 (115.37%) $1,775 (139.44%)
3 BR $2.55 $2,800 $2,269 (23.39%) $2,075 (34.94%)
4+ BR $1.78 $5,250 $3,280 (60.06%) $2,908 (80.52%)

Historical Rents in Logan Square, Chicago, IL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Logan Square

There are a total of 5 cities nearby Logan Square. The average rent in Logan Square is currently $2,257 per month. Our records show that Schaumburg, IL, with an average rent of $2,173, is the most affordable city nearby. In contrast, the most expensive city near Logan Square, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,800 per month.

Let's compare Logan Square, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 6.33% more expensive. Two bedrooms in Logan Square, Chicago, IL are about 11.33% more affordable. Finally, rent for three bedrooms are on par with the other cities nearby. Want more information? Check out the top 5 cities near Logan Square, Chicago, IL in the following chart.
City Studio 1 Bed 2 Bed All
Schaumburg, IL N/A $1,995 $2,465 $2,173
Chicago, IL $1,363 $1,850 $2,500 $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 $2,300 $2,800

Top Neighborhoods Near Logan Square

There are a total of 6 neighborhoods in or near Logan Square. Some of these neighborhoods include Rogers Park, Uptown, and Lakeview. We've included all of these top 6 neighborhoods in or near Logan Square, Chicago, IL in the following chart.

The average rent for these 6 neighborhoods in or near Logan Square, Chicago, IL is currently around $2,174 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only four neighborhoods have a higher average rent than $2,174. Interestingly, the neighborhoods' average rent is higher than Logan Square's average rent, which is only $2,050. Out of all the neighborhoods in or near Logan Square, 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 Logan Square. 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 $2,538 $1,695
Lakeview, Chicago, IL $1,495 $1,898 $2,750 $2,100
Hyde Park, Chicago, IL $1,273 $1,650 $1,875 $2,248
South Loop, Chicago, IL N/A $2,200 $3,000 $2,800
Near North Side, Chicago, IL $1,763 $2,465 $3,692 $3,225

Top Counties Near Logan Square

There are a total of 6 counties located by Logan Square, 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. The county that is the most affordable is Schaumburg, IL. It's average rent per month is $2,173. Vice versa, with an average rent of $2,623, Naperville, IL is the most expensive county by Logan Square, Chicago, IL.

In comparison, rent for one bedroom listings in Logan Square, Chicago, IL is 6.33% more expensive than other counties nearby. Finally, rent for two bedrooms in Logan Square, Chicago, IL is 10.84% more affordable 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 $2,465 $2,173
Chicago, IL $1,363 $1,850 $2,500 $2,200
Downers Grove, IL N/A $1,830 $2,209 $2,200
Milton, IL N/A $1,900 $2,300 $2,257
Naperville, IL N/A $1,675 $2,200 $2,623

Top Zipcodes Near Logan Square

There are a total of 18 zipcodes in or near Logan Square, Chicago, IL. The average rent for all of these zipcodes is $2,175. A total of 4 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 $1,413 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 Logan Square, Chicago, IL is $1,951 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,540 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Logan Square, Chicago, IL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
60647, Chicago, IL $1,150 $1,950 $2,225 $2,100
60618, Chicago, IL $1,200 $1,675 $1,950 $2,150
60622, Chicago, IL N/A $2,100 $2,700 $2,895
60614, Chicago, IL $1,525 $2,295 $3,323 $2,573
60642, Chicago, IL $1,929 $2,422 $2,500 $2,530
60657, Chicago, IL $1,495 $1,895 $2,800 $2,095
60625, Chicago, IL $1,100 $1,550 $2,200 $1,700
60613, Chicago, IL $1,473 $1,795 $2,593 $2,200
60610, Chicago, IL $1,713 $2,237 $3,550 $3,000
60640, Chicago, IL $1,350 $1,695 $2,398 $1,695

Frequently Asked Questions - Logan Square Average Rents

What is the average rent price in Logan Square, Chicago, IL?
The average monthly rental price for Logan Square, Chicago, IL apartments for rent is approximately $2,050. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Logan Square, 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 Logan Square, Chicago, IL.
How much is a studio apartment in Logan Square, Chicago, IL?
The average monthly rental price for studio apartments is $1,150 and an average price per square feet of $2.12. There are a total of 4 studio apartment listings currently available for rent in Logan Square.
How much is a one bedroom apartment in Logan Square, Chicago, IL?
The average monthly rental price for one bedroom apartments is $1,975 and an average price per square feet of $2.50. There are a total of 8 one bedroom apartment listings currently available for rent in Logan Square.
How much is a two bedroom apartment in Logan Square, Chicago, IL?
The average monthly rental price for two bedroom apartments is $2,075 and an average price per square feet of $2.04. There are a total of 28 two bedroom apartment listings currently available for rent in Logan Square.
How have rent prices in Logan Square, Chicago, IL changed this year?
Rent prices for rentals in Logan Square, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by 0.16%, one bedroom rental prices have changed by 0.24%, two bedroom rental prices have changed by 1.15%, and three bedroom rental prices have changed by 0.23% year-over-year.
What is a reasonable rent price in Logan Square, Chicago, IL?
A reasonable rent price in Logan Square, Chicago, IL is around $1,640/month. You can search for these reasonably priced rental listings on RentHop.
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