Average Rent in Streeterville, Chicago, IL

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Current Versus Historical Streeterville, Chicago, IL Rents

Streeterville rentals average $2,506 for a 1-bedroom rental to $7,185 for a 3-bedroom rental. The median price of all currently available listings is $4,093, or roughly $3 per square feet.
For the apartment units and housing in April 2024, median rents have fallenover the last year. Studio rentals prices have decreased by $7 (-0.33%) year-over-year from $2,104 to $2,097. 1-bedroom rentals prices have decreased by $183 (-6.57%) year-over-year from $2,782 to $2,599. 2-bedroom rentals prices have decreased by $243 (-5.23%) year-over-year from $4,643 to $4,400. 3-bedroom rentals prices have increased by $917 (12.26%) year-over-year from $7,483 to $8,400. 4-bedroom rentals prices have decreased by $3,000 (-13.61%) year-over-year from $22,050 to $19,050. 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 3.84% this month. 1-bedroom rents have gone up by 2.55% this month. 2-bedroom rents have gone up by 2.52% this month. 3-bedroom rents have gone up by 8.62% this month. 4-bedroom rents have gone down by 7.41% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $2.90 $2,599 $2,782 (-6.57%) $2,483 (4.66%)
2 BR $2.71 $4,400 $4,643 (-5.23%) $3,986 (10.39%)
3 BR $4.69 $8,400 $7,483 (12.26%) $5,703 (47.28%)

Historical Rents in Streeterville, Chicago, IL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Streeterville

There are a total of 5 cities nearby Streeterville. The average rent in Streeterville is currently $2,105 per month. A total of 5 cities nearby have an average rent lower than that. Our records show that Evanston, IL, with an average rent of $1,975, is the most affordable city nearby. In contrast, the most expensive city near Streeterville, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,850 per month.

Let's compare Streeterville, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 29.36% more expensive. Two bedrooms in Streeterville, Chicago, IL are about 41.79% more expensive. Finally, rent for three bedrooms are about 59.99% more expensive. Want more information? Check out the top 5 cities near Streeterville, Chicago, IL in the following chart.
City Studio 1 Bed 2 Bed All
Evanston, IL $1,185 $1,595 $2,150 $1,975
Chicago, IL $1,345 $1,770 $2,270 $2,000
Schaumburg, IL N/A $1,995 $2,350 $2,105
Wheaton, IL N/A $1,960 $2,320 $2,320
Naperville, IL N/A $1,650 $2,250 $2,850

Top Neighborhoods Near Streeterville

There are a total of 15 neighborhoods in or near Streeterville. Some of these neighborhoods include Edgewater, Ravenswood, and Rogers Park. We've included all of these top 15 neighborhoods in or near Streeterville, Chicago, IL in the following chart.

The average rent for these 15 neighborhoods in or near Streeterville, Chicago, IL is currently around $1,975 per month. A total of 15 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Streeterville, Edgewater has the most affordable average rent at $1,550 per month. Whereas, at $2,800 average rent per month, South Loop is the most expensive neighborhood in or near Streeterville. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Edgewater, Chicago, IL $1,120 $1,550 $2,200 $1,550
Ravenswood, Chicago, IL $1,220 $1,550 $2,595 $1,598
Rogers Park, Chicago, IL $1,098 $1,350 $1,850 $1,600
Uptown, Chicago, IL $1,100 $1,600 $2,335 $1,625
West Rogers Park, Chicago, IL $1,200 $1,325 $1,800 $1,700
Albany Park, Chicago, IL $1,050 $1,420 $1,925 $1,725
Lincoln Park, Chicago, IL $1,385 $1,963 $2,805 $1,900
Humboldt Park, Chicago, IL N/A $1,775 $1,825 $1,975
Logan Square, Chicago, IL $1,250 $1,795 $2,050 $1,995
Lakeview, Chicago, IL $1,345 $1,875 $2,550 $2,091
Hyde Park, Chicago, IL $1,250 $1,673 $2,000 $2,218
DePaul, Chicago, IL $1,595 $2,270 $2,400 $2,350
Near North Side, Chicago, IL $1,855 $2,373 $3,500 $2,569
The Loop, Chicago, IL N/A $2,475 $3,300 $2,788
South Loop, Chicago, IL $1,648 $2,225 $3,000 $2,800

Top Counties Near Streeterville

There are a total of 15 counties located by Streeterville, Chicago, IL. Some of these counties include Evanston, IL, Chicago, IL, and Schaumburg, IL. The average rent for rentals in these counties is $2,100. That's roughly around $2 per sqft. A total of 6 counties have a lower average rent. The county that is the most affordable is Evanston, IL. It's average rent per month is $1,975. Vice versa, with an average rent of $2,700, Naperville, IL is the most expensive county by Streeterville, Chicago, IL.

Typically, rent for studios in Streeterville, Chicago, IL is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Streeterville, Chicago, IL is 28.26% more expensive than other counties nearby. Finally, rent for two bedrooms in Streeterville, Chicago, IL is 42.58% 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 $1,595 $2,150 $1,975
Chicago, IL $1,345 $1,770 $2,270 $2,000
Schaumburg, IL $1,195 $1,985 $2,400 $2,098
Downers Grove, IL N/A $1,825 $2,209 $2,103
Milton, IL N/A $1,960 $2,320 $2,320
Naperville, IL N/A $1,663 $2,200 $2,700

Top Zipcodes Near Streeterville

There are a total of 21 zipcodes in or near Streeterville, Chicago, IL. The average rent for all of these zipcodes is $2,100. A total of 21 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 Streeterville, Chicago, IL is $1,890 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,400 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Streeterville, 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 $1,800 $2,303 $3,612 $2,605
60654, Chicago, IL $1,940 $2,478 $3,500 $2,500
60610, Chicago, IL $1,865 $2,300 $3,500 $2,653
60607, Chicago, IL $1,700 $2,398 $3,275 $2,998
60642, Chicago, IL $1,929 $2,225 $2,600 $2,675
60614, Chicago, IL $1,630 $2,295 $2,862 $2,298
60622, Chicago, IL $1,893 $2,100 $2,400 $2,298
60657, Chicago, IL $1,345 $1,900 $2,590 $2,060
60608, Chicago, IL N/A $1,375 $1,850 $2,145
60647, Chicago, IL $1,250 $1,890 $2,150 $2,100

Frequently Asked Questions - Streeterville Average Rents

What is the average rent price in Streeterville, Chicago, IL?
The average monthly rental price for Streeterville, Chicago, IL apartments for rent is approximately $4,093. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Streeterville, 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 Streeterville, Chicago, IL.
How much is a studio apartment in Streeterville, Chicago, IL?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Streeterville.
How much is a one bedroom apartment in Streeterville, Chicago, IL?
The average monthly rental price for one bedroom apartments is $2,506 and an average price per square feet of $2.90. There are a total of 4 one bedroom apartment listings currently available for rent in Streeterville.
How much is a two bedroom apartment in Streeterville, Chicago, IL?
The average monthly rental price for two bedroom apartments is $3,900 and an average price per square feet of $2.71. There are a total of 6 two bedroom apartment listings currently available for rent in Streeterville.
How have rent prices in Streeterville, Chicago, IL changed this year?
Rent prices for rentals in Streeterville, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by -0.07%, two bedroom rental prices have changed by -0.05%, and three bedroom rental prices have changed by 0.12% year-over-year.
What is a reasonable rent price in Streeterville, Chicago, IL?
A reasonable rent price in Streeterville, Chicago, IL is around $3,274/month. You can search for these reasonably priced rental listings on RentHop.
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