Rental prices in Central Chicago, Chicago, IL have increased by 5.53% over the past year. The average rent moved from $2,842 to $2,999.
Check out the average rent in Chicago.
The national average price of rental apartments is $1,741, while the average monthly rent in Central Chicago, Chicago, IL is $2,999.
The average monthly rent for an apartment in Central Chicago, Chicago, IL is around $2,999.
A share of 3% of apartments in Central Chicago, Chicago, IL have the cheapest rents between $1,001-$1,500. Around 26% of rentals are $2,501-$3,000. Around 9% of Central Chicago's apartments have monthly rents between $1,501-$2,000. There are 25% of apartments with rents between $2,001-$2,500. A share of 37% of apartment rentals in Chicago are in the > $3,000 range.
The largest share of rentals in Central Chicago, Chicago, IL (37%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.
Prices and availability in Central Chicago, Chicago, IL were last updated on 19 Feb 2026.
The best apartments in Central Chicago, Chicago, IL are: West77 Apartments, Cobbler Square Lofts, GRAND PLAZA, Park Michigan - 1212 S Michigan Ave and River North Park Apartments.
The average rent in Central Chicago, Chicago, IL is $2,662.
The price range for a studio apartment in Central Chicago, Chicago, IL is between $1,092 and $22,000.
The price range for a 1-bedroom apartment in Central Chicago, Chicago, IL is between $1,110 and $9,581.
The price range for a 2-bedroom apartment in Central Chicago, Chicago, IL is between $951 and $42,717.
The price range for a 3-bedroom apartment in Central Chicago, Chicago, IL is between $1,110 and $55,853.
In Central Chicago 63% of the housing is rented out compared to 37% of homes are owned, according to the most recent Census Bureau estimates. 81% of Central Chicago's apartments are found in large buildings of 50 units or more, 18% are located in smaller apartment complexes with less than 50 units, and 0.9% are single-family rentals.
In total, Central Chicago, Chicago, IL has 151,500 residents, 79,238 women and 72,263 men, per U.S. Census recent estimates. Statistics show that the median age of Central Chicago’s population is 32.
There is a total of 88,762 households in Central Chicago, Chicago, IL. Of these, 8,251 have children and 80,511 are without children. Per Census Bureau’s most current estimates, 27,545 family households and 61,217 non-family households live in this area. The size of a household in Central Chicago is 1.18 people, on average. The median household annual income in Central Chicago equals $125,464, and the monthly housing costs equal $2,470.
According to data from the U.S. Census Bureau, 2% of the population in Central Chicago, Chicago, IL have no high school education, 8% went to high-school, and 10% have partially completed college. Moreover, 3% of the population hold an Associate Degree, 41% hold a Bachelor Degree, and 36% hold a Graduate Degree.
RentCafe is your one-stop shop for finding a great new apartment in Central Chicago, Chicago, IL. Easily search through a wide selection of apartments for rent in Central Chicago, Chicago, IL, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you're interested in. Browse Central Chicago, Chicago, IL apartments with rents starting from $1,110 and submit your rental application today!
