No longer residing in the top 10 markets, Chicago ranked as the 11th most expensive city to rent in the nation. Since last month, the price of one bedroom units grew 4.8% to a median of $1,760, while two bedrooms jumped 5.1% to $2,260.
(Note: This rent map is interactive so you can zoom and hover over hoods and the legend for more info)
Bridgeport and Beverly had some of the fastest growing rents since last quarter, both up over 12%.
While Greektown ($2,200) and River North ($2,050) continued to reign as the most expensive neighborhoods to rent this summer, Loop, West Loop, and Near South Side were other notably pricy areas, just under the $2,000 threshold. Mid-range priced rentals, for under $1,500, could be found in Boystown, Lakeview, and North Center.
On the other end of the cost spectrum, the most affordable areas were Fuller Park, West Pullman, East Side, and Clearing.
If you want to see how the price of apartments for rent in Chicago compares with the rest of the United States’, view our National Rent Report for June, which analyzes over 1 million active listings available in the prior month.
To keep up to date with rent changes across the country, like or follow Zumper on Facebook, Gazouillement, Pinterest, and Instagram. In the market for a new place? Search all apartments for rent in Chicago on Zumper now.
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