| 1 BED | $2,342 |
| 2 BEDS | $2,725 |
| 1 BED | $1,995 |
| 2 BEDS | $3,300 |
| 3 BEDS | $3,500+ |
| 2 BEDS | $2,150 |
| 3 BEDS | Ask for Pricing |
| 2 BEDS | Ask for Pricing |
| 3 BEDS | Ask for Pricing |
| 2 BEDS | Ask for Pricing |
| 3 BEDS | Ask for Pricing |
| 3 BEDS | $2,695 |
| 4 BEDS | Ask for Pricing |
| 2 BEDS | $2,095 |
| 3 BEDS | Ask for Pricing |
| STUDIO | Ask for Pricing |
| 1 BED | Ask for Pricing |
| 2 BEDS | Ask for Pricing |
| 1 BED | $2,100 |
| 2 BEDS | $1,845 |
| STUDIO | Ask for Pricing |
| 1 BED | Ask for Pricing |
| 2 BEDS | Ask for Pricing |
| 1 BED | Ask for Pricing |
| 2 BEDS | Ask for Pricing |
| 3 BEDS | Ask for Pricing |
| 1 BED | Ask for Pricing |
| 2 BEDS | Ask for Pricing |
| 3 BEDS | Ask for Pricing |
Rental prices in Palmer Square, Chicago, IL have increased by 6.59% over the past year. The average rent moved from $1,841 to $1,962.
Check out the average rent in Chicago.
The national average price of rental apartments is $1,741, while the average monthly rent in Palmer Square, Chicago, IL is $1,962.
The average monthly rent for an apartment in Palmer Square, Chicago, IL is around $1,962.
A share of 72% of apartments in Palmer Square, Chicago, IL have the cheapest rents between $1,501-$2,000. Around 25% of Palmer Square's apartments have monthly rents between $2,001-$2,500. There are 3% of apartments with rents between $2,501-$3,000.
The largest share of rentals in Palmer Square, Chicago, IL (72%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Prices and availability in Palmer Square, Chicago, IL were last updated on 22 Feb 2026.
The best apartment in Palmer Square, Chicago, IL is: 2000 N Milwaukee Apartments.
The average rent in Palmer Square, Chicago, IL is $2,100.
In Palmer Square, 62% of the residents are renting compared to 38% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 10% of Palmer Square's rentals, 87% are small-scale complexes with under 50 units, and 3% are single-family rentals.
In total, Palmer Square, Chicago, IL has 6,957 residents, 3,557 women and 3,400 men, per U.S. Census recent estimates. Statistics show that the median age of Palmer Square’s population is 32.
There is a total of 3,125 households in Palmer Square, Chicago, IL. Of these, 632 have children and 2,493 are without children. Per Census Bureau’s most current estimates, 1,360 family households and 1,764 non-family households live in this area. The size of a household in Palmer Square is 2 people, on average. The median household annual income in Palmer Square equals $102,851, and the monthly housing costs equal $1,947.
According to data from the U.S. Census Bureau, 5% of the population in Palmer Square, Chicago, IL have no high school education, 19% went to high-school, and 12% have partially completed college. Moreover, 5% of the population hold an Associate Degree, 37% hold a Bachelor Degree, and 21% hold a Graduate Degree.
RentCafe is your one-stop shop for finding a great new apartment in Palmer Square, Chicago, IL. Easily search through a wide selection of apartments for rent in Palmer Square, 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 Palmer Square, Chicago, IL apartments with rents starting from $979 and submit your rental application today!
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