What's the average rent in Chicago, IL?

Rental Market Trends in Chicago, IL

SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Chicago, IL is $2,033 per month, which is 5% higher than the national average rent of $1,930 per month.

AVERAGE RENT

$2,033
1.7%
$33 increase month-over-month
1.7%
$33 increase year-over-year

AVAILABLE RENTALS

10,225

APARTMENTS

$1,889

HOUSES

$2,545

TOWNHOUSES

$2,500
As of May 2026, apartments are the most affordable rental option in Chicago, IL at $1,889 per month, while houses are the most expensive at $2,545 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$1,895
2 Bedrooms$2,069
3 Bedrooms$2,400
4 Bedrooms$2,800
All$2,033
As of May 2026, the average rent for a 1 bedroom rental in Chicago, IL is $1,895 per month, followed by $2,069 for a 2 bedroom rental, $2,400 for a 3 bedroom rental, and $2,800 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has increased by +2% compared to the previous year, which is a +$30 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 $215 to $40,000.
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