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1364 Houses for rent in Chicago, IL

Last updated November 18 at 2:02am UTC
3660 North Lake Shore Drive
Lakeview
Chicago, IL
Updated November 18 at 2:02am UTC
1 Bedroom
$1,600
700 North LARRABEE Street
Near North Side
Chicago, IL
Updated November 18 at 2:02am UTC
2 Bedrooms
$3,000
3334 North Oakley Avenue
Roscoe Village
Chicago, IL
Updated November 18 at 2:02am UTC
3 Bedrooms
$1,800
600 North Fairbanks Court
Near North Side
Chicago, IL
Updated November 18 at 2:02am UTC
2 Bedrooms
$3,500
3200 North Lake Shore Drive
Lakeview
Chicago, IL
Updated November 18 at 2:02am UTC
2 Bedrooms
$2,800
400 East Randolph Street
The Loop
Chicago, IL
Updated November 18 at 2:02am UTC
1 Bedroom
$2,000
3232 North HALSTED Street
Lakeview
Chicago, IL
Updated November 18 at 2:02am UTC
2 Bedrooms
$2,995
1735 West Diversey Parkway
Lincoln Park
Chicago, IL
Updated November 18 at 2:02am UTC
2 Bedrooms
$2,350
1255 South State Street
South Loop
Chicago, IL
Updated November 18 at 2:02am UTC
1 Bedroom
$2,000
474 North Lake shore Drive
Near North Side
Chicago, IL
Updated November 18 at 2:01am UTC
1 Bedroom
$2,200
195 North Harbor Drive
The Loop
Chicago, IL
Updated November 18 at 2:01am UTC
2 Bedrooms
$2,375
1140 North LaSalle Drive
Near North Side
Chicago, IL
Updated November 18 at 2:01am UTC
1 Bedroom
$1,350
200 North Dearborn Street
The Loop
Chicago, IL
Updated November 18 at 2:01am UTC
1 Bedroom
$1,895
1650 West Adams Street
Near West Side
Chicago, IL
Updated November 18 at 2:01am UTC
1 Bedroom
$1,867
1650 West Adams Street
Near West Side
Chicago, IL
Updated November 18 at 2:01am UTC
2 Bedrooms
$3,111
3459 West Belmont Avenue West
Logan Square
Chicago, IL
Updated November 18 at 2:01am UTC
2 Bedrooms
$2,150
1023 North Ashland Avenue
West Town
Chicago, IL
Updated November 18 at 2:01am UTC
2 Bedrooms
$2,780
1023 North Ashland Avenue
West Town
Chicago, IL
Updated November 18 at 2:01am UTC
2 Bedrooms
$2,825
1927 North Lawndale Avenue
Logan Square
Chicago, IL
Updated November 18 at 2:01am UTC
3 Bedrooms
$2,100
2424 West Fillmore Street
Tri-Taylor
Chicago, IL
Updated November 18 at 2:01am UTC
2 Bedrooms
$2,050
2240 South Central Park Avenue
Little Village
Chicago, IL
Updated November 18 at 2:01am UTC
3 Bedrooms
$1,300
3436 North Damen Avenue
Roscoe Village
Chicago, IL
Updated November 18 at 2:01am UTC
2 Bedrooms
$1,750
7120 North Sheridan Road
Rogers Park
Chicago, IL
Updated November 18 at 2:01am UTC
1 Bedroom
$1,000
905 East 85th Street
Chatham
Chicago, IL
Updated November 18 at 2:01am UTC
2 Bedrooms
$800

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.