Rental market trends for
Chicago, IL
The average rent price in Chicago was $2,446 last month, up $105 month over month. The average rent price of apartments in Chicago was $2,314 last month. The average rent price of houses in Chicago was $2,557 last month.
Median rent
$2,446
Month-over-month change
+$105
Average rent in Chicago
In March 2024, Chicago rental prices increased $105 compared to last month.
$2,446
+4.47% 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% |
West Loop | $2,700 | -2.00% |
Logan Square | $1,850 | -4.64% |
Bucktown | $2,595 | -3.71% |
Hyde Park | $1,450 | +3.98% |
Wicker Park | $2,950 | -1.67% |
South Loop | $2,496 | -1.94% |
Ravenswood | $1,650 | +0.00% |
West Town | $2,547 | +1.43% |
Garfield Ridge | $1,850 | -15.91% |
Gold Coast | $2,200 | +0.23% |
Bridgeport | $1,638 | +12.00% |
Bronzeville | $2,300 | +10.44% |
Last updated: 04/02/2024
Average rent of nearby cities
Here's how Chicago's average rent of $2,446 compares to nearby cities.
Last updated: 04/02/2024
More resources for Chicago
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Condos for rent in Chicago | |||
Houses for rent in Chicago | |||
Townhomes for rent in Chicago | |||
Apartments for rent in Chicago |