What's the average rent in Chicago, IL?

Rental Market Trends in Chicago, IL

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

$1,905

HOUSES

$2,600

TOWNHOUSES

$2,500
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 typeAverage 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.

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.
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