Rental market trends for
Chicago, IL
The average rent price in Chicago was $1,994 last month, up $43 month over month.
Median rent
$1,994
Month-over-month change
+$43
Average rent in Chicago
In May 2024, Chicago rental prices increased $43 compared to last month.
$1,994
+2.20% month over month
Median rent of neighborhoods in Chicago
Neighborhood | Median rent | MoM (% change) |
---|---|---|
Lincoln Park | $2,560 | -1.35% |
Lake View | $1,895 | -4.05% |
Beverly | $2,175 | +8.75% |
Logan Square | $1,850 | -4.64% |
West Loop | $2,700 | -2.00% |
Bucktown | $2,595 | -3.71% |
Hyde Park | $1,450 | +3.98% |
Wicker Park | $2,950 | -1.67% |
Garfield Ridge | $1,850 | -15.91% |
South Loop | $2,496 | -1.94% |
Bridgeport | $1,638 | +12.00% |
Gold Coast | $2,200 | +0.23% |
Ravenswood | $1,650 | +0.00% |
Bronzeville | $2,300 | +10.44% |
Norwood Park | $1,825 | -10.43% |
Last updated: 06/09/2024
Average rent of nearby cities
Here's how Chicago's average rent of $1,994 compares to nearby cities.
Last updated: 06/09/2024
More resources for Chicago
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Condos for rent in Chicago | |||
Houses for rent in Chicago | |||
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Apartments for rent in Chicago |