What's the average rent in Chicago, IL?
Rental Market Trends in Chicago, IL
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SOURCE: TRULIA DATA
Rental market highlights
As of July 2026, the average rent in Chicago, IL is $2,100 per month, which is 8% higher than the national average rent of $1,951 per month.
AVERAGE RENT
$2,100
0.0%No change month over month
2.9%$60 increase year-over-year
AVAILABLE RENTALS
10,548
APARTMENTS
HOUSES
TOWNHOUSES
As of July 2026, apartments are the most affordable rental option in Chicago, IL at $1,905 per month, while houses are the most expensive at $2,600 per month. Townhomes average $2,500 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,950 |
| 2 Bedrooms | $2,100 |
| 3 Bedrooms | $2,400 |
| 4 Bedrooms | $2,950 |
| All | $2,100 |
As of July 2026, the average rent for a 1 bedroom rental in Chicago, IL is $1,950 per month, followed by $2,100 for a 2 bedroom rental, $2,400 for a 3 bedroom rental, and $2,950 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,100 |
| 2 Bedrooms | $2,375 |
| 3 Bedrooms | $2,500 |
| 4 Bedrooms | $5,450 |
| All | $2,500 |
As of July 2026, the average rent for a 1 bedroom townhome in Chicago, IL is $2,100 per month, followed by $2,375 for a 2 bedroom townhome, $2,500 for a 3 bedroom townhome, and $5,450 for a 4 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,975 |
| 2 Bedrooms | $2,050 |
| 3 Bedrooms | $2,350 |
| 4 Bedrooms | $2,950 |
| All | $2,100 |
As of July 2026, the average rent for a 1 bedroom apartment in Chicago, IL is $1,975 per month, followed by $2,050 for a 2 bedroom apartment, $2,350 for a 3 bedroom apartment, and $2,950 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,500 |
| 2 Bedrooms | $1,917 |
| 3 Bedrooms | $2,500 |
| 4 Bedrooms | $2,650 |
| All | $2,600 |
As of July 2026, the average rent for a 1 bedroom house in Chicago, IL is $1,500 per month, followed by $1,917 for a 2 bedroom house, $2,500 for a 3 bedroom house, and $2,650 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +3% compared to the previous year, which is a +$62 increase.
This year (2026)
Last year (2025)
Rent distribution
36% of rentals have rent of $1,500-$2,199/month
Rental price range
The price range for rentals is $100 to $40,000.