What's the average rent in Chatham, IL?
Rental Market Trends in Chatham, IL
SOURCE: TRULIA DATA
Rental market highlights
As of May 2026, the average rent in Chatham, IL is $1,695 per month, which is 11% lower than the national average rent of $1,910 per month.
AVERAGE RENT
$1,695
32.4%$415 increase month-over-month
-3.1%-$55 decrease year-over-year
AVAILABLE RENTALS
24
APARTMENTS
HOUSES
TOWNHOUSES
As of May 2026, apartments are the most affordable rental option in Chatham, IL at $1,134 per month, while townhomes are the most expensive at $2,100 per month. Houses average $1,931 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $893 |
| 2 Bedrooms | $1,195 |
| 3 Bedrooms | $1,850 |
| 4 Bedrooms | $2,050 |
| All | $1,495 |
As of May 2026, the average rent for a 1 bedroom rental in Chatham, IL is $893 per month, followed by $1,195 for a 2 bedroom rental, $1,850 for a 3 bedroom rental, and $2,050 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,450 |
| 3 Bedrooms | $2,100 |
| 4 Bedrooms | — |
| All | $2,100 |
As of May 2026, the average rent for a 2 bedroom townhome in Chatham, IL is $1,450 per month, followed by $2,100 for a 3 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $825 |
| 2 Bedrooms | $1,050 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $925 |
As of May 2026, the average rent for a 1 bedroom apartment in Chatham, IL is $825 per month, followed by $1,050 for a 2 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,700 |
| 3 Bedrooms | $1,850 |
| 4 Bedrooms | $2,050 |
| All | $1,850 |
As of May 2026, the average rent for a 2 bedroom house in Chatham, IL is $1,700 per month, followed by $1,850 for a 3 bedroom house, and $2,050 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -15% compared to the previous year, which is a $227 decrease.
This year (2026)
Last year (2025)
Rent distribution
44% of rentals have rent of $1,500-$2,199/month
Rental price range
The price range for rentals is $810 to $2,980.