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Last updated September 20 2019 at 10:23 AM

2362 Apartments for rent in Chicago, IL

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Near West Side
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Last updated October 14 at 10:37pm
West Elsdon
1 Unit Available
5712 South Pulaski Avenue
5712 South Pulaski Road, Chicago, IL
4 Bedrooms
$2,500
2000 sqft
AMAZING OPPORTUNITY TO OPERATE YOUR BUSINESS FROM HOME! Huge front space with over 400SF open space for almost any type of office! PLUS 4 Good size Bedroom Apartment! Owner prefers credit score above 580, no evictions & no criminal record.
Last updated March 12 at 05:00am
Near West Side
1 Unit Available
740 West FULTON Street
740 West Fulton Street, Chicago, IL
1 Bedroom
$2,150
800 sqft
Upscale loft unit w/gorgeous granite kitchen, S/S appliances and gigantic island. Hardwood Floors, floor to ceiling windows with breathtaking unobstructed east Skyline and City views. Updated balcony with slate &t tile.
Last updated December 13 at 09:28pm
Hyde Park
1 Unit Available
5043 South Drexel Avenue
5043 South Drexel Avenue, Chicago, IL
1 Bedroom
$963
415 sqft
Situated on one of Chicago's historic tree-lined boulevards, Drexel Terrace was designed in the early 20th century as a stately manor combining classical and contemporary architectural styles of its era.
Last updated December 13 at 01:05am
West Pullman
1 Unit Available
11518 S Stewart #1
11518 South Stewart Avenue, Chicago, IL
3 Bedrooms
$950
1475 sqft
****MOVE-IN SPECIAL....$300 OFF FIRST MONTH'S RENT**** This is a Triplex Home it has 3 Apartment Units in the Home. The one that is available is on the Main Floor.
Last updated December 10 at 09:57pm
Irving Park
1 Unit Available
4121 North Kilbourn Avenue
4121 N Kilbourn Ave, Chicago, IL
2 Bedrooms
$1,500
1200 sqft
Lovely 5 room 2 Bedroom unit in Old Irving Park. Awesome location, close to everything, freeway, blue line, shopping, popular restaurants and pubs, rent includes heat.

Average Rent in Chicago

Last updated Sep. 2019
The average rent for a 1 bedroom apartment in Chicago is $1,090, while the average rent for a 2 bedroom apartment is $1,283.
Studio
$939
1 Bed
$1,090
2 Beds
$1,283
3+ Beds
$1,641

October 2019 Chicago Rent Report

Welcome to the October 2019 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 Rent Report

October 2019 Chicago Rent Report

Welcome to the October 2019 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 rents declined moderately over the past month

Chicago rents have declined 0.3% over the past month, but have increased slightly by 1.1% in comparison to the same time last year. Currently, median rents in Chicago stand at $1,091 for a one-bedroom apartment and $1,283 for a two-bedroom. This is the second straight month that the city has seen rent decreases after an increase in July. Chicago's year-over-year rent growth leads the state average of 0.9%, but trails the national average of 1.4%.

    Rents rising across the Chicago Metro

    Throughout the past year, rent increases have been occurring not just in the city of Chicago, but across the entire metro. Of the largest 10 cities that we have data for in the Chicago metro, all of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

    • Gary has the least expensive rents in the Chicago metro, with a two-bedroom median of $945; additionally, the city has seen the fastest rent growth in the metro over the past month (0.4%).
    • Over the past month, Arlington Heights has seen the biggest rent drop in the metro, with a decline of 1.2%. Median two-bedrooms there cost $1,468, while one-bedrooms go for $1,248.
    • Naperville has the most expensive rents of the largest cities in the Chicago metro, with a two-bedroom median of $1,759; rents decreased 1.0% over the past month but were up 0.6% over the past year.

    Chicago rents more affordable than many similar cities nationwide

    As rents have increased slightly in Chicago, a few comparable cities nationwide have also seen rents grow modestly. Chicago is still more affordable than most other large cities across the country.

    • Rents increased slightly in other cities across the state, with Illinois as a whole logging rent growth of 0.9% over the past year. For example, rents have grown by 0.6% in Rockford.
    • Chicago's median two-bedroom rent of $1,283 is above the national average of $1,189. Nationwide, rents have grown by 1.4% over the past year compared to the 1.1% increase in Chicago.
    • While Chicago's rents rose slightly over the past year, many cities nationwide also saw increases, including New York (+1.5%), DC (+1.4%), and Columbus (+1.1%).
    • Renters will find more reasonable prices in Chicago than most comparable cities. For example, San Francisco has a median 2BR rent of $3,131, 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
    $1,090
    $1,280
    -0.3%
    1.1%
    Aurora
    $1,120
    $1,320
    -0.6%
    1.9%
    Joliet
    $940
    $1,110
    -0.4%
    0.3%
    Naperville
    $1,490
    $1,760
    -1%
    0.6%
    Elgin
    $990
    $1,160
    -0.3%
    0.9%
    Waukegan
    $860
    $1,010
    0.4%
    1.6%
    Hammond
    $840
    $990
    0
    0.7%
    Gary
    $800
    $940
    0.4%
    0.8%
    Arlington Heights
    $1,250
    $1,470
    -1.2%
    0.7%
    Evanston
    $1,310
    $1,550
    -0.9%
    1%
    Schaumburg
    $1,410
    $1,660
    -0.5%
    1.3%
    Bolingbrook
    $1,320
    $1,550
    -0.5%
    1.9%
    Palatine
    $1,150
    $1,350
    -0.2%
    1.3%
    Des Plaines
    $980
    $1,150
    -0.1%
    -0.5%
    Wheaton
    $1,280
    $1,500
    -0.6%
    4.8%
    Hoffman Estates
    $1,120
    $1,310
    0.8%
    0.6%
    Oak Park
    $870
    $1,020
    1.1%
    1.4%
    Lombard
    $1,340
    $1,570
    -1.4%
    -1.4%
    Buffalo Grove
    $1,370
    $1,610
    0
    -0.3%
    Crystal Lake
    $1,240
    $1,460
    0.3%
    3%
    Carol Stream
    $1,170
    $1,370
    -0.1%
    2.2%
    Romeoville
    $1,610
    $1,890
    -0.3%
    1.2%
    Wheeling
    $1,130
    $1,330
    -0.2%
    -0.4%
    Calumet City
    $880
    $1,030
    0.3%
    1.3%
    Merrillville
    $950
    $1,120
    -0.5%
    2.5%
    Glendale Heights
    $1,160
    $1,360
    1%
    0.6%
    St. Charles
    $1,250
    $1,470
    -0.7%
    1.6%
    Woodridge
    $1,260
    $1,490
    0.5%
    1.8%
    Gurnee
    $1,190
    $1,390
    -2.7%
    -0.8%
    Mundelein
    $1,220
    $1,430
    1.2%
    0.5%
    Chicago Heights
    $930
    $1,090
    0.5%
    0.7%
    Lansing
    $860
    $1,010
    0
    0.7%
    Vernon Hills
    $1,350
    $1,590
    -0.1%
    0.4%
    Woodstock
    $970
    $1,140
    -0.1%
    0
    Westmont
    $1,240
    $1,460
    -1.2%
    4.2%
    Zion
    $900
    $1,050
    0.3%
    0.1%
    Rolling Meadows
    $1,220
    $1,430
    -1.6%
    1.3%
    Lisle
    $1,220
    $1,440
    0.1%
    4.2%
    Bloomingdale
    $1,540
    $1,810
    0.2%
    0
    Park Forest
    $990
    $1,160
    0.2%
    0.7%
    Richton Park
    $1,030
    $1,210
    -0.7%
    0.5%
    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.

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