Chicago, IL rental market

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Last updated August 30, 2025

Rental market summary

The average rent for all bedrooms and all property types in Chicago, IL is $2,700.

Average rent

$2,700

Month-over-month change

-$200

Year-over-year change

-$200

Available rentals

480

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $700 to $25,960.

Rent frequencies
Rent priceNumber of rental properties
$6001
$7001
$8004
$90017
$1,0008
$1,1005
$1,2009
$1,3004
$1,4006
$1,50010
$1,60013
$1,70023
$1,80026
$1,90032
$2,00031
$2,10032
$2,20029
$2,30030
$2,40024
$2,50020
$2,60013
$2,70014
$2,8007
$2,90015
$3,00016
$3,10011
$3,20017
$3,30015
$3,40015
$3,50013
$3,6008
$3,7008
$3,8007
$3,90016
$4,00016
$4,10018
$4,20010
$4,3004
$4,4007
$4,5008
$4,6007
$4,7006
$4,8006
$4,9006
$5,000+69

Average rent price over time

In the last year, rent has decreased by $200 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,600$2,500
Feb$2,700$2,538
Mar$2,800$2,500
Apr$3,199$2,800
May$3,561$3,400
Jun$3,500$3,289
Jul$3,104$2,950
Aug$3,000$2,900
Sep$2,900No data
Oct$2,800No data
Nov$2,550No data
Dec$2,550No 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.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Chicago, IL is equal to rent in the national average.

Chicago, ILvs.

$2,700

$2,700

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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.