Chicago, IL rental market
Last updated August 30, 2025
Rental market summary
The average rent for 3 bedroom properties in Chicago, IL is $2,345.
$2,345
-$85
-$35
2,065
Source: Zillow Rentals data
Rental price range
The price range for 3 bedroom properties is $500 to $24,500.
| Rent price | Number of rental properties |
|---|---|
| $500 | 2 |
| $700 | 7 |
| $800 | 15 |
| $900 | 20 |
| $1,000 | 22 |
| $1,100 | 11 |
| $1,200 | 17 |
| $1,300 | 49 |
| $1,400 | 97 |
| $1,500 | 110 |
| $1,600 | 154 |
| $1,700 | 155 |
| $1,800 | 165 |
| $1,900 | 147 |
| $2,000 | 140 |
| $2,100 | 155 |
| $2,200 | 191 |
| $2,300 | 154 |
| $2,400 | 140 |
| $2,500 | 127 |
| $2,600 | 91 |
| $2,700 | 83 |
| $2,800 | 69 |
| $2,900 | 96 |
| $3,000 | 61 |
| $3,100 | 53 |
| $3,200 | 51 |
| $3,300 | 46 |
| $3,400 | 49 |
| $3,500 | 45 |
| $3,600 | 27 |
| $3,700 | 27 |
| $3,800 | 20 |
| $3,900 | 31 |
| $4,000 | 22 |
| $4,100 | 17 |
| $4,200 | 16 |
| $4,300 | 6 |
| $4,400 | 19 |
| $4,500 | 15 |
| $4,600 | 11 |
| $4,700 | 12 |
| $4,800 | 12 |
| $4,900 | 18 |
| $5,000+ | 154 |
Average rent price over time
In the last year, rent has decreased by $35 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $2,275 | $2,250 |
| Feb | $2,300 | $2,250 |
| Mar | $2,300 | $2,295 |
| Apr | $2,450 | $2,300 |
| May | $2,500 | $2,410 |
| Jun | $2,500 | $2,498 |
| Jul | $2,585 | $2,500 |
| Aug | $2,475 | $2,416 |
| Sep | $2,400 | No data |
| Oct | $2,350 | No data |
| Nov | $2,300 | No data |
| Dec | $2,295 | No data |
Market temperature
The Chicago, IL rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Chicago, IL is 7% higher than the national average.
$2,345
$2,200
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Frequently asked questions
1. What is the average rent in Chicago, IL?
The average rent in Chicago, IL is $1,995.
2. How much does it cost to rent a house in Chicago, IL?
Houses in Chicago, IL rent between $400 - $31,500 with an average rent of $1,995.
3. How has the rent in Chicago, IL changed in the last year?
In the last year, the rent in Chicago, IL increased by $15
4. How much has the rent in Chicago, IL increased/decreased in the last month?
In the last month, the rent in Chicago, IL decreased by $5
5. How many available rentals are there in Chicago, IL?
There are currently 8,212 rentals available in Chicago, IL.
6. How do rent prices in Chicago, IL compare with the national average?
The average rent in Chicago, IL is $1,995 — Infinity% higher the national average of $0.