What's the average rent in Chicago, IL?

Rental Market Trends in Chicago, IL

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Chicago, IL is $2,000 per month, which is 2% higher than the national average rent of $1,962 per month.

AVERAGE RENT

$2,000
-4.8%
-$100 decrease month-over-month
0.0%
No change year over year

AVAILABLE RENTALS

9,841

APARTMENTS

$1,865

HOUSES

$2,556

TOWNHOUSES

$2,500
As of August 2026, apartments are the most affordable rental option in Chicago, IL at $1,865 per month, while houses are the most expensive at $2,556 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$1,900
2 Bedrooms$2,050
3 Bedrooms$2,400
4 Bedrooms$2,650
All$2,000
As of August 2026, the average rent for a 1 bedroom rental in Chicago, IL is $1,900 per month, followed by $2,050 for a 2 bedroom rental, $2,400 for a 3 bedroom rental, and $2,650 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has increased by +1% compared to the previous year, which is a +$25 increase.
This year (2026)
Last year (2025)

Rent distribution

37% of rentals have rent of $1,500-$2,199/month

Rental price range

The price range for rentals is $100 to $135,000.
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