Last updated
Average Rent in Chicago IL & Rent Trends
Rent prices and market trends across 12 apartment communities in Chicago IL. Updated daily.
Market Average
$2,864
/month
▼ 14.5% from last month
Lowest Available
$1,249
Communities
12
Units Listed
82
Rent by Neighborhood in Chicago IL
Compare average rent across Chicago IL neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | From | Properties | Units |
|---|---|---|---|---|
| Near North Side | $3,100 | $2,222 | 4 | 43 |
| Lincoln Park | $2,604 | $1,249 | 8 | 39 |
Is Rent Going Up or Down in Chicago IL?
As of April 2026, the average rent in Chicago IL is $2,864 per month across 12 apartment communities and 82 available units. Rents have decreased $438 (14.5%) over the past month.
The most affordable option is Ion Lincoln Park starting at $1,249/mo. By unit type, a studio averages $2,619/mo, a 1-bedroom averages $3,191/mo, a 2-bedroom averages $4,831/mo.
Prices range from $1,249 to $5,061 per month. The most common price point is the $2,400 range, where 19 units are currently listed.
Chicago IL Rent Price History
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Chicago IL
Rent Prices by Apartment in Chicago IL
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Ion Lincoln Park | $1,249/mo | $1,249/mo | 1 | 3.5 |
| The Belmont by Reside | $1,828/mo | $2,431/mo | 13 | 4.7 |
| Reside on Surf | $1,932/mo | $2,598/mo | 4 | 4.4 |
| Reside at 2727 | $2,103/mo | $2,103/mo | 1 | 4.6 |
| Park Lincoln by Reside | $2,194/mo | $2,431/mo | 5 | 4.7 |
| AMLI 808 | $2,222/mo | $2,808/mo | 8 | 4.9 |
| Windsor North + Vine Apartments | $2,249/mo | $3,114/mo | 6 | 4 |
| Reside on Barry | $2,348/mo | $2,822/mo | 12 | 4.4 |
| Eugenie Terrace on the Park Apartments | $2,424/mo | $3,164/mo | 23 | 4.1 |
| The Kent | $2,626/mo | $2,626/mo | 1 | 3.1 |
| The Residences at NEWCITY | $2,799/mo | $3,231/mo | 6 | 4.4 |
| Park Fullerton by Reside | $3,295/mo | $3,792/mo | 2 | 4.6 |
Google Search Trends for Chicago IL Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Chicago IL
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Is rent going up or down in Chicago IL?
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Explore Chicago IL Apartments
Browse all 12 communities with daily-updated pricing and availability.