The average rent in Chicago is about $2,025 a month across all homes, according to Zillow Rentals data on 24 October 2026. A one-bedroom averages $1,850, a two-bedroom $2,015 and a three-bedroom $2,317. Zillow shows rents up about $40 over the year.
These averages mix houses and apartments across the city. Prices vary by neighbourhood, so compare listings for the area you want.
Average Rent in Chicago by Bedroom Count
| Home size | Average monthly rent (Zillow, Oct 2026) |
|---|---|
| Studio | $1,595 |
| 1 bedroom | $1,850 |
| 2 bedrooms | $2,015 |
| 3 bedrooms | $2,317 |
| 4 bedrooms | $3,290 |
| All homes | $2,025 |
Source: Zillow Rental Manager, Chicago, IL.
What Changes Rent in Chicago
- Neighbourhood: the Loop, River North, Gold Coast and Lincoln Park are usually pricier. South and West Side areas are often cheaper.
- Transit: homes near CTA L stations carry a premium.
- Building age and amenities: new high-rises with gyms and doormen cost more than vintage walk-ups.
- Season: summer is peak moving season, and winter listings can be cheaper.
Extra Costs for Renters
- Security deposit: Chicago’s Residential Landlord and Tenant Ordinance covers many rentals, including interest on deposits. Check which rules apply to your building.
- Move-in and application fees: vary by landlord, so ask for the full list.
- Utilities: heating can be expensive in winter. Check whether heat is included.
- Parking: extra in many central buildings.
How to Pay Less Rent in Chicago
- Look along CTA lines a few stops from downtown.
- Share a larger apartment.
- Time your search for the off-season.
- Ask about move-in specials and compare total monthly cost.
For the full budget, read our cost of living in Chicago guide. Also see average rent in Boston and Chicago hotel costs.
Frequently Asked Questions
What is the average rent in Chicago?
About $2,025 a month across all homes, per Zillow Rentals data on 24 October 2026. A one-bedroom averages $1,850.
How much is a 2-bedroom in Chicago?
Zillow lists the average two-bedroom at about $2,015 a month.
Which Chicago neighbourhoods are most expensive?
The Loop, River North, Gold Coast and Lincoln Park are usually pricier, while some South and West Side areas are cheaper.
Does Chicago have rules on security deposits?
The Residential Landlord and Tenant Ordinance covers many rentals and includes rules such as interest on deposits. Check whether it applies to your building.
