Rental Market Trends in Chicago, IL

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The average rent in Chicago, IL, as of June 2025, is approximately $933 per month for all property types. Rent prices can vary depending on the neighborhood and the type of rental property. Rent prices are influenced by factors like neighborhood popularity, proximity to amenities, and the overall housing market trends in the city.

Market summary

Data is based on rental rates on sulekha.com. Last updated in June 2025.

Average Rental Price Over Time

How much has the average rent changed in Chicago, IL?

The average rent for all property types is $933,which is 0% increase compared to the previous year.

2023
2024

Occupied Housing Units in Chicago, IL

Property

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Chicago, ILvs

$933

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Neighborhood Rent Trends in Chicago, IL

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Neighborhoods	Average rent
North Lawndale, IL	$1055
West Garfield Park, IL	$1035
Mount Greenwood, IL	$1000
Washington Park, IL	$975
Grand Boulevard, IL	$970
Gage Park, IL	$968
Garfield Ridge, IL	$875
Archer Heights, IL	$875
Brighton Park, IL	$875
West Elsdon, IL	$875
Norridge, IL	$850
Englewood, IL	$600

Average rent in Nearby cities

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FAQs

Answers to Your Rental Questions

We've got answers to your most common questions about rentals, from property listings to pricing trends and everything in between.

What is the average rent in Chicago, IL?

The average rent in Chicago, IL is around $933 per month. However, this can vary depending on the neighborhood, the size of the rental unit, and the property's condition. For example, rents are typically higher in desirable areas close to amenities and popular destinations. Larger apartments or homes with multiple bedrooms or modern amenities can also be more expensive. Keep these factors in mind when searching for a rental in Chicago, IL.
How many rentals are available in Chicago, IL?

Currently, there are 18 rental properties available in Chicago, IL. This includes a variety of options such as apartments, condos, town homes, single-family homes, single rooms, shared rooms and pg accommodations catering to different budgets and preferences. So, if you're looking for a place to rent in Chicago, IL, you have plenty of choices to explore!
What are the best neighborhoods to rent in Chicago, IL?
If you're looking for budget-friendly neighborhoods in Chicago, IL, consider these options:
- West Garfield Park: Average rent is $1035 per month.
- North Lawndale: Average rent is $1014 per month.
- Avalon Park: Average rent is $1000 per month.
- Lower West Side: Average rent is $1000 per month.
- Mount Greenwood: Average rent is $1000 per month.
- West Englewood: Average rent is $1000 per month.
These neighborhoods offer rental rates lower than the city's overall average, making them attractive options for renters.
What are the most affordable neighborhoods in Chicago, IL?
The most expensive neighborhoods in Chicago, IL are:
- Washington Park: Average rent is $977 per month.
- Lower West Side: Average rent is $1000 per month.
- Mount Greenwood: Average rent is $1000 per month.
- Middlebury: Average rent is $650 per month.
- Garfield Ridge: Average rent is $891 per month.
- Brighton Park: Average rent is $891 per month.
How much has the average rent changed in Chicago, IL?

Over the past year, the average rent in Chicago, IL have increased by approximately 0%, which translates to $77 per month. This change reflects shifting market trends and evolving housing demand in the area, impacting renters' costs and affordability.
How much has the rent in Chicago, IL increased or decreased in the last month?

The Average rent price in Chicago, IL for June 2025 is $933, which is $60 less than in May.