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Luxury Apartments for Rent in Downtown Chicago, Chicago, IL

440 Rentals Available
Luxury Apartments for Rent in Downtown Chicago, Chicago, IL. 440 Rentals Available
  • Today

    808 S Michigan Ave, Chicago, IL 60605
    STUDIO $2,092+
    1 BED $2,620+
    2 BEDS $3,610+
  • Today

    1130 South Michigan Avenue, CHICAGO, IL 60605
    STUDIO $1,706+
    1 BED $2,197+
    2 BEDS $3,516+
  • Today

    1212 S Michigan Ave, Chicago, IL 60605
    STUDIO $1,717+
    1 BED $2,029+
    2 BEDS $2,804+
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  • Today

    1140 S Wabash Ave, Chicago, IL 60605
    STUDIO $1,826+
    1 BED $2,338+
    2 BEDS $3,247+
  • Today

    1333 S Wabash, Chicago, IL 60605
    1 BED $2,181+
    2 BEDS $3,107+
    3 BEDS $5,181+
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  • Today

    1001 South State Street, Chicago, IL 60605
    STUDIO $1,865+
    1 BED $2,459+
    2 BEDS $3,774+
  • Today

    2 East 8Th St., Chicago, IL 60605
    STUDIO $1,705+
    1 BED $1,815+
    2 BEDS $2,480+
  • Today

    1545 S State St, Chicago, IL 60605
    1 BED $2,096+
    2 BEDS $2,675+
    3 BEDS Ask for Pricing
  • Today

    717 S. Clark St., Chicago, IL 60605
    STUDIO $2,003+
    1 BED $2,296+
    2 BEDS $3,291+
  • Today

    730 South Clark Street, Chicago, IL 60605
    1 BED $2,461+
    2 BEDS $3,365+
  • Today

    801 S Financial Pl, Chicago, IL 60605
    STUDIO $1,865+
    1 BED $2,394+
    2 BEDS $3,259+
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  • Today

    651 S. Wells St., Chicago, IL 60607
    1 BED $1,846+
    2 BEDS $2,621+
    3 BEDS Ask for Pricing
  • Today

    221 W Harrison St, Chicago, IL 60607
    STUDIO $1,940+
    1 BED $2,628+
    3 BEDS $4,960+
  • Today

    2101 S Wabash Ave, Chicago, IL 60616
    STUDIO $1,750
    1 BED $1,900
    2 BEDS $2,795
  • Today

    175 N Harbor Drive, Chicago, IL 60601
    STUDIO $2,025+
    1 BED $2,540+
    2 BEDS $3,720+
  • Today

    60 East Randolph Street, Chicago, IL 60601
    STUDIO Ask for Pricing
    1 BED $2,740+
    2 BEDS $11,400+
  • Today

    360 East South Water Street, Chicago, IL 60601
    STUDIO $2,220+
    1 BED $2,302+
    2 BEDS $3,644+
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  • Today

    225 N. Columbus Drive, Chicago, IL 60601
    STUDIO $2,275+
    1 BED $2,878+
    2 BEDS $4,059+
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    455 E. Waterside, Chicago, IL 60601
    STUDIO $2,474+
    1 BED $2,700+
    2 BEDS $4,093+
  • Today

    233 East Wacker Drive, Chicago, IL 60601
    STUDIO $1,804+
    1 BED $1,820+
    2 BEDS $3,347+
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    88 East Wacker Place, Chicago, IL 60601
    STUDIO $2,118+
    1 BED $2,628+
    2 BEDS $4,408+
  • Today

    200 N. Dearborn St., Chicago, IL 60601
    STUDIO Ask for Pricing
    1 BED $2,195+
    2 BEDS $2,950
  • Today

    601 W Jackson Blvd, Chicago, IL 60661
    STUDIO $2,199+
    1 BED $2,493+
    2 BEDS $4,480
  • Today

    445 E. Illinois, Chicago, IL 60611
    STUDIO $2,050+
    1 BED $2,625+
    2 BEDS $4,450+
  • Today

    555 West Madison, Chicago, IL 60661
    STUDIO $1,620+
    1 BED $1,845+
    2 BEDS $2,985+
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Downtown Chicago, Chicago, IL rent trends

Rental prices in Downtown Chicago, Chicago, IL have increased by 6.37% over the past year. The average rent moved from $3,000 to $3,192.

Average rent in Downtown Chicago, Chicago, IL

$3,192/mo Downtown Chicago, Chicago, IL average rental price, January 2026
Image Average Rent

The average monthly rent for an apartment in Downtown Chicago, Chicago, IL is around $3,192.

    What's the typical rent budget in Downtown Chicago, Chicago, IL?

    A share of 2% of apartments in Downtown Chicago, Chicago, IL have the cheapest rents between $1,001-$1,500. Around 33% of rentals are $2,501-$3,000. Around 10% of Downtown Chicago's apartments have monthly rents between $1,501-$2,000. There are 23% of apartments with rents between $2,001-$2,500. A share of 32% of apartment rentals in Chicago are in the > $3,000 range.

    The largest share of rentals in Downtown Chicago, Chicago, IL (33%) fall between $2,501-$3,000 per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in Downtown Chicago, IL

    71 /100
    Very Walkable
    90 /100
    Rider's Paradise
    92 /100
    Biker's Paradise
    Walk Score®: 71, Transit Score®: 90, Bike Score®: 92

    Frequently asked questions

    What is the price of a luxury apartment in Downtown Chicago, Chicago, IL?

    The price range for a luxury apartment in Downtown Chicago, Chicago, IL is between $1,621 and $10,000.

    How many luxury rentals are available in Downtown Chicago, Chicago, IL on RentCafe?

    There are 20 luxury rentals available on RentCafe. Prices and availability in Downtown Chicago, Chicago, IL were last updated on 27 Feb 2026.

    What is the average size of a luxury apartment in Downtown Chicago, Chicago, IL?

    The average Downtown Chicago, Chicago, IL luxury apartment size is 613 sq. ft.

    What are the advantages of renting a luxury apartment in Downtown Chicago, Chicago, IL?

    Renting a luxury apartment in Downtown Chicago, Chicago, IL comes with many amenities, more space and central locations.

    What are the downsides of renting a luxury apartment in Downtown Chicago, Chicago, IL?

    Luxury apartments tend to be more expensive and have higher utility bills.

    Downtown Chicago, Chicago, IL demographics

    • 25,860Total Population
    • 13,425 Female
      12,435 Male
    • 33Median Age

    In total, Downtown Chicago, Chicago, IL has 25,860 residents, 13,425 women and 12,435 men, per U.S. Census recent estimates. Statistics show that the median age of Downtown Chicago’s population is 33.

    Downtown Chicago, Chicago, IL households

    • 4,625 Family
      9,638 Non-family
    • 1,571 Children
      12,692 No Children
    • 14,263Total Number of Households
    • 1.12Average People Per Household
    • $120,725Median Household Income

    There is a total of 14,263 households in Downtown Chicago, Chicago, IL. Of these, 1,571 have children and 12,692 are without children. Per Census Bureau’s most current estimates, 4,625 family households and 9,638 non-family households live in this area. The size of a household in Downtown Chicago is 1.12 people, on average. The median household annual income in Downtown Chicago equals $120,725, and the monthly housing costs equal $2,482.

    Downtown Chicago, Chicago, IL education statistics

    According to data from the U.S. Census Bureau, 2% of the population in Downtown Chicago, Chicago, IL have no high school education, 10% went to high-school, and 12% have partially completed college. Moreover, 3% of the population hold an Associate Degree, 36% hold a Bachelor Degree, and 37% hold a Graduate Degree.

    Renting a luxury apartment in Downtown Chicago, Chicago, IL

    If you love living like a king or a queen, you might be interested in uniquely furnished, modern apartments. Nothing says elegance like a professionally-designed interior down to the smallest detail. Now you have the best 440 apartments in Downtown Chicago, Chicago, IL to choose from, located in 25 upscale buildings. The average size of this type of apartment in Downtown Chicago, Chicago, IL is around 1,130 Sqft, but if you’re in need of more space, apartment complexes also have large apartments for rent. Luxury townhomes are also a great option for families, especially those located in family-friendly communities, close to schools, preschools and parks. The best apartments on the market in Downtown Chicago, Chicago, IL are up for grabs right now, so don’t miss the chance to level up your lifestyle!

    High rise apartments do come cheap

    We can all agree that high-level amenities give us a sense of accomplishment and a certain feeling of comfort. Well, on the bright side, luxury is now accessible to both multi-millionaires and people with regular incomes. Cheap luxury apartments are not just an illusion - the land of milk and honey is closer than it’s ever been, with prices starting at $1,620. There are no less than 440 luxury studio apartments in Downtown Chicago, Chicago, IL right now waiting to become your future home.

    Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!