When were prices and availability in Chicago, IL last updated?

Prices and availability in Chicago, IL were last updated on 21 Dec 2023.

What are the best apartments in Chicago, IL?

The best apartments in Chicago, IL are: DNC Birch Hollow , Dcafe15 , Snehal's Property , RC Training 3 and DNC AB mansion .

What’s the average rent in Chicago, IL?

The average rent in Chicago, IL is $1,948. Start your search for apartments in Chicago, IL now.

What is the price range for a studio apartment in Chicago, IL?

The price range for a studio apartment in Chicago, IL is between $102 and $48,000. View all studio apartments in Chicago, IL .

What is the price range for a 1-bedroom apartment in Chicago, IL?

The price range for a 1-bedroom apartment in Chicago, IL is between $100 and $2,000. Browse all available 1-bedroom apartments in Chicago, IL now.

What is the price range for a 2-bedroom apartment in Chicago, IL?

The price range for a 2-bedroom apartment in Chicago, IL is between $860 and $28,000. Browse and find a 2-bedroom apartment in Chicago, IL .

What is the price range for a 3-bedroom apartment in Chicago, IL?

The price range for a 3-bedroom apartment in Chicago, IL is between $102 and $48,000. Browse all available 3-bedroom apartments in Chicago, IL .

What type of rental buildings are in Chicago, IL?

In Chicago 54% of the housing is rented out compared to 46% of homes are owned, according to the most recent Census Bureau estimates. 25% of Chicago’s apartments are found in large buildings of 50 units or more, 68% are located in smaller apartment complexes with less than 50 units, and 7% are single-family rentals.

What do typical apartment communities look like in Chicago, IL?

The average age of rental buildings in Chicago is 40 years old, with 40% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 19 stories, of which 21% are garden-style apartment communities, 26% are mid-sized buildings, and 61% are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

What apartment floorplans are common in Chicago, IL?

Studio apartments in Chicago are around 22% of rentals, while 1-bedroom floor plans represent 51% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 21% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.

100 Best Apartments in Chicago, IL (with reviews)

August Rental Activity Report: Arlington, VA, Is Most In-Demand City, NYC Boroughs Climb Closer to the Top

Chicago is a renter favorite this month at #25, nine spots lower than in July. Clearly, apartment seekers have been looking up Chicago listings and adding properties to their favorites list throughout the peak rental season, helping the city rank high. In fact, the number of Chicago listings page views rose by 20% compared to last August.

June Rental Activity Report: Kansas City Is Most In-Demand City, With Suburb Overland Park Coming in 2nd

To the north, Chicago dropped seven spots to #22, but nevertheless remains a sought-after place by renters. Specifically, there were 7% fewer listings available this month versus last June as the number of apartments added to renters’ favorites list nearly tripled.

Millennials Make Historic Switch From Renter-Majority to Homeowner-Majority Generation

Chicago was preferred by young professionals looking to settle down in a major metro. One of the reasons that may have led to the trend was the 36% income increase in Chicagoland in the last five years, according to IPUMS data. Between 2017 and 2022, the metro recorded a 75.6% rise in Millennial owners.

America’s Hottest Rental Markets at the Start of 2023: North Jersey Overtakes Miami as Competition Builds Up in the Northeast

Chicago’s RCI score of 45 has more than doubled since the start of 2022, although it's still easier to find apartments here than in cities with RCI scores above 70. With available rentals becoming fewer and farther between in the Windy City, many apartment seekers turned to the suburbs, only to face even fiercer competition as 2023 rang in.

The National Apartment Size Shrinking as Studios & 1-Bedroom Apartments Gain in Share

Usually small in size, apartments for rent in Chicago seem to get slightly larger. Going from 704 square feet in 2012 to 797 square feet in 2022, renters in the Windy City have gained an extra 93 square feet (for a 12% increase) in the last decade.

America’s Hottest Rental Markets at the Start of 2023: North Jersey Overtakes Miami as Competition Builds Up in the Northeast

Chicago’s Rental Competitivity Index (RCI) score of 45 at the start of 2023 has more than doubled since one year prior, although it's still easier to find apartments here than in cities with RCI scores above 70. With available rentals becoming fewer and farther between in the Windy City, many apartment seekers turned to the suburbs, only to face even fiercer competition as 2023 rang in.

Adaptive Reuse Apartments Up 25% from Pre-Pandemic Numbers, Led by Record Office-to-Apartment Conversions

Despite leading in total conversions in the 2010s, Chicago landed in third place for adaptive reuse projects in the U.S. during the first two years of the pandemic. For example, a total of 732 new apartments for rent in Chicago were created through office conversions, with many more similar transformations to come.

Renting Out the Neighborhood: 101 Zip Codes Switch From Homeowner to Renter Majority

Next up is Chicago’s 60606, which coincides with the West Loop neighborhood. In this area, the number of renters grew by two and a half times in a decade (151%). A thriving community that flaunts a 63% renter population, its residents are mostly Millennials and Gen Zers with high academic achievements.

News image for Would You Downsize for a Down Payment? Here Are the Cities Where You Can Get on the Property Ladder in Less Than 5 Years by Giving Up 1 Bedroom

Would You Downsize for a Down Payment? Here Are the Cities Where You Can Get on the Property Ladder in Less Than 5 Years by Giving Up 1 Bedroom

Chicago is not only the third-largest city in the U.S., but also a highly coveted place to be — and not just because of its unique architecture and deep-dish pizza. Renters here could save $8,916 per year if they gave up one bedroom, and that means that they'd be able to afford a down payment for a starter home in two years and three months.

Studio	Ask for Pricing
2 BEDS	$25,000
3+ BEDS	$102+

1 BED	$770
2 BEDS	$885
3+ BEDS	$1,150

1 BED	$800+
2 BEDS	$800+

Studio	$560
5 BEDS	Ask for Pricing

2 BEDS	$28,000
3 BEDS	$35,000
4 BEDS	$45,000

1 BED	$1,200
2 BEDS	$1,200
3 BEDS	$1,500

1 BED	$2,000
2 BEDS	$2,500

Apartments for Rent in Chicago, IL 308 Rentals Available

Popular searches by size

Popular searches by amenities

Popular searches by price

Rent prices in cities near Chicago, IL

Rent prices in Chicago, IL's popular neighborhoods

Popular zip codes in Chicago, IL

Houses for rent in cities near Chicago, IL

Storage units in cities near Chicago, IL

Average rent in Chicago, IL

Chicago, IL apartment rent ranges

Chicago, IL rent trends

Getting around in Chicago, IL

Frequently asked questions

When were prices and availability in Chicago, IL last updated?

What are the best apartments in Chicago, IL?

What is the average rent in Chicago, IL?