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78 Condos for rent in Chicago, IL

Last updated November 20 at 11:48am UTC
2418 W Arthington St
Tri-Taylor
Chicago, IL
Updated November 20 at 11:48am UTC
3 Bedrooms
$2,075
858 N Franklin St Apt 404
Near North Side
Chicago, IL
Updated November 20 at 11:48am UTC
2 Bedrooms
$3,800
2419 W Homer St # 2
Logan Square
Chicago, IL
Updated November 20 at 11:48am UTC
3 Bedrooms
$2,900
3001 S Michigan Ave Unit 1402
Bronzeville
Chicago, IL
Updated November 20 at 10:34am UTC
2 Bedrooms
$2,000
4417 North Ashland Avenue
Ravenswood
Chicago, IL
Updated November 20 at 10:30am UTC
3 Bedrooms
$2,760
1016 W George St Unit 1
Lakeview
Chicago, IL
Updated November 19 at 12:37pm UTC
3 Bedrooms
$3,200
1320 N Astor St Unit 2
Near North Side
Chicago, IL
Updated November 17 at 11:39am UTC
2 Bedrooms
$2,700
2935 N Clybourn Ave Unit 402
Roscoe Village
Chicago, IL
Updated November 16 at 11:44am UTC
2 Bedrooms
$2,000
333 S Desplaines St Unit 504
West Loop
Chicago, IL
Updated November 16 at 11:43am UTC
1 Bedroom
$2,050
7619 S East End Ave # 1
South Shore
Chicago, IL
Updated November 15 at 12:03pm UTC
3 Bedrooms
$1,250
2350 N Kedzie Blvd Unit G
Logan Square
Chicago, IL
Updated November 15 at 12:00pm UTC
2 Bedrooms
$1,995
3232 N Halsted St Apt D810
Lakeview
Chicago, IL
Updated November 15 at 12:00pm UTC
1 Bedroom
$2,100
1525 South Michigan Avenue
South Loop
Chicago, IL
Updated November 15 at 11:57am UTC
2 Bedrooms
$2,600
5056 North Marine Drive
Uptown
Chicago, IL
Updated November 15 at 11:57am UTC
1 Bedroom
$1,200
4263 West 76th Street
West Lawn
Chicago, IL
Updated November 15 at 11:57am UTC
3 Bedrooms
$1,600
451 West Saint James Place
Lincoln Park
Chicago, IL
Updated November 20 at 11:48am UTC
1 Bedroom
$1,550
2843 North Lincoln Avenue
Lakeview
Chicago, IL
Updated November 19 at 12:41pm UTC
2 Bedrooms
$2,800
300 North State Street
Near North Side
Chicago, IL
Updated November 19 at 12:38pm UTC
2 Bedrooms
$3,950
420 East Waterside Drive
The Loop
Chicago, IL
Updated November 18 at 11:34am UTC
2 Bedrooms
$3,000
3232 N Kilbourn Ave
Kilbourn Park
Chicago, IL
Updated November 18 at 11:33am UTC
2 Bedrooms
$2,500
651 W Wellington Ave
Lakeview
Chicago, IL
Updated November 15 at 12:00pm UTC
2 Bedrooms
$2,850
1001 West Madison Street
Near West Side
Chicago, IL
Updated November 15 at 12:00pm UTC
1 Bedroom
$2,350
30 West Erie Street
Near North Side
Chicago, IL
Updated November 15 at 12:00pm UTC
3 Bedrooms
$6,950
1717 N Halsted St Unit C
Lincoln Park
Chicago, IL
Updated November 15 at 11:58am UTC
2 Bedrooms
$3,200

November 2018 Chicago Rent Report

Welcome to the November 2018 Chicago Rent Report. Chicago rents declined over the past month. In this report, we'll evaluate trends in the Chicago rental market, including comparisons to cities throughout the metro, state, and nation.

View full Chicago Rent Report
Rent Report
Chicago

November 2018 Chicago Rent Report

Welcome to the November 2018 Chicago Rent Report. Chicago rents declined over the past month. In this report, we'll evaluate trends in the Chicago rental market, including comparisons to cities throughout the metro, state, and nation.

Chicago rent trends were flat over the past month

Chicago rents have declined 0.1% over the past month, but have remained steady at 0.2% in comparison to the same time last year. Currently, median rents in Chicago stand at $1,080 for a one-bedroom apartment and $1,270 for a two-bedroom. Chicago's year-over-year rent growth lags the state average of 0.3%, as well as the national average of 1.1%.

Rents rising across the Chicago Metro

While rents have remained steady in the city of Chicago throughout the past year, cities across the metro have seen a different trend. Rents have risen in 8 of of the largest 10 cities in the Chicago metro for which we have data. Here's a look at how rents compare across some of the largest cities in the metro.

  • Elgin has seen rents fall by 0.4% over the past year, the biggest drop in the metro. It also has the least expensive rents in the Chicago metro, with a two-bedroom median of $1,170.
  • Palatine has seen the fastest rent growth in the metro, with a year-over-year increase of 2.1%. The median two-bedroom there costs $1,350, while one-bedrooms go for $1,150.
  • Naperville has the most expensive rents of the largest cities in the Chicago metro, with a two-bedroom median of $1,750; rents were up 0.4% over the past month and 0.9% over the past year.

Chicago rents more affordable than many other large cities nationwide

Rent growth in Chicago has been relatively stable over the past year - some other large cities have seen more substantial increases; in contrast, rents in a few cities have actually declined. Chicago is still more affordable than most similar cities across the country.

  • Chicago's median two-bedroom rent of $1,270 is above the national average of $1,180. Nationwide, rents have grown by 1.1% over the past year compared to the stagnant growth in Chicago.
  • While rents in Chicago remained moderately stable this year, similar cities saw increases, including Houston (+1.8%), New York (+1.5%), and San Francisco (+1.2%); note that median 2BR rents in these cities go for $1,030, $2,520, and $3,100 respectively.
  • Renters will find more reasonable prices in Chicago than most comparable cities. For example, San Francisco has a median 2BR rent of $3,100, which is nearly two-and-a-half times the price in Chicago.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Chicago $1,080 $1,270 -0.1% 0.2%
Aurora $1,100 $1,300 0.3% 0.1%
Joliet $1,020 $1,200 0.7% -0.2%
Naperville $1,490 $1,750 0.4% 0.9%
Elgin $1,000 $1,170 0.9% -0.4%
Arlington Heights $1,240 $1,460 0.2% 0.1%
Evanston $1,300 $1,530 -0.1% 0.6%
Schaumburg $1,370 $1,610 0.4% 1.7%
Palatine $1,150 $1,350 1.2% 2.1%
Des Plaines $1,040 $1,220 0.5% 1.1%
See more

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.