Median rent for residential apartments in Chicago, IL as of Feb, 2023.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
|Rent Price||Feb||vs Last Month|
|4+ bed apartments||$5,031||+1.5%|
|Rent Type Price||Feb||vs Last Month|
|Townhouses for rent||$3,956||+2.1%|
|Rooms for rent||$943||+1.7%|
|Lofts for rent||$3,075||-0.8%|
|Houses for rent||$2,378||-5.6%|
|Duplexes for rent||$4,337||+0%|
|Condos for rent||$2,831||-0.5%|
|Apartments for rent||$2,263||-2.5%|
The median rent for an apartment in Chicago, IL decreased by 2.5% to $2,263. Statistics show that house rent price decreased by 5.6% this month making it up to $2,378. Condos faced an upward trend these days. The median rent for a condo decreased by 0.5%, it’s now available for $2,831. An average duplex is now available for $4,337, cause median rent for a duplex remains the same this month. The median rent for a loft faced changes as well, it decreased by 0.8%, the price tag now starts at $3,075. An average room will now go for $943, the median rent price for a room increased by 1.7%. The median rent for a townhouse increased by 2.1%, you’ll have to spend around $3,956 to get one.