The average monthly rent of apartments in Chicago, IL is $2,454.
Apartments for Rent in Chicago, IL
Compared to the national average rent of $1,741, the average rent in Chicago, IL is $2,454.
The average monthly rent of apartments in Chicago, IL is $2,454.
About 19% of apartment rents in Chicago, IL range between $1,501-$2,000. Meanwhile, apartments around $2,001-$2,500 represent 20% of apartments. Around 18% of Chicago’s apartments are in the $1,001-$1,500 price range. 2% of apartments are priced ≤ $1000. A share of 18% of apartment rentals in Chicago are in the $2,501-$3,000 range. There are 23% of apartment rentals in Chicago in the > $3,000 range.
The largest share of rentals in Chicago, IL (23%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.
Prices and availability in Chicago, IL were last updated on 18 Feb 2026.
The best apartments in Chicago, IL are: 2533 W. Augusta Blvd., 2950 North Sheridan, 8951 S Ada St, 2801 W Logan and Mulligan School Apartments.
The average rent in Chicago, IL is $2,241.
The price range for a studio apartment in Chicago, IL is between $75 and $22,000.
The price range for a 1-bedroom apartment in Chicago, IL is between $610 and $9,581.
The price range for a 2-bedroom apartment in Chicago, IL is between $610 and $42,717.
The price range for a 3-bedroom apartment in Chicago, IL is between $75 and $55,853.
In Chicago 54% of the housing is rented out compared to 46% of homes are owned, according to the most recent Census Bureau estimates. 26% of Chicago's apartments are found in large buildings of 50 units or more, 67% are located in smaller apartment complexes with less than 50 units, and 6% are single-family rentals.
The average age of rental buildings in Chicago is 40 years old, with 41% 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.
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.