Cheap Houses for Rent in Chicago, IL
545 rentals
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Average Rent Trends in Chicago, IL
Rent in Chicago, IL varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Nov 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,500 |
| Jul 2025 | $2,500 |
| Aug 2025 | $2,500 |
| Sep 2025 | $2,500 |
| Oct 2025 | $2,600 |
| Nov 2025 | $2,640 |
| Dec 2025 | $2,500 |
| Jan 2026 | $2,600 |
| Feb 2026 | $2,580 |
| Mar 2026 | $2,667 |
| Apr 2026 | $2,600 |
| May 2026 | $2,500 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,895 | $2,069 | $2,400 | $2,800 | $2,033 |
| Townhomes | $740 | $2,300 | $2,350 | $4,000 | $2,500 |
| Apartments and Condos | $1,895 | $2,000 | $2,400 | $3,000 | $2,100 |
| Houses | $1,400 | $1,795 | $2,300 | $2,600 | $2,545 |
Frequently Asked Questions about Houses for rent in Chicago, IL
- What is the average rent of a house in Chicago, IL?The average rent of a house in Chicago, IL is $2,600 per month. This is about 35% higher than the national average.
- When is the average rent cheapest in Chicago, IL?In the last year, the average rent in Chicago, IL was lowest in Jan 2025 when it was $2,400 per month.
- When is the average rent most expensive in Chicago, IL?In the last year, the average rent in Chicago, IL was highest in Nov 2025 when it was $2,640 per month.
- How many houses are available to rent in Chicago, IL?There are 329 available houses to rent in Chicago, IL.
- What colleges and universities are in Chicago, IL?Colleges and universities in Chicago, IL include: DePaul University, University of Chicago, University of Illinois Chicago, Loyola University Chicago, Illinois Institute of Technology.
- What are some neighborhoods in Chicago, IL?Some neighborhoods in Chicago, IL include: Lake View, West Ridge, Little Village, Logan Square, Lincoln Park.
- What are some zip codes in Chicago, IL?
- What are some cities near Chicago, IL?Some nearby cities include: Cicero, Stickney, Berwyn, Forestview, Oak Park. These cities may have more rental options to explore.