According to our most recent national rent report, Chicago rounded off the top ten markets as the tenth most expensive city to rent this month. The price of one bedroom units settled at $1,730, while two bedroom units were $2,280. Since this time last year, two bedroom rent is down over 10%.
(Note: This rent map is interactive so you can zoom and hover over hoods for more info)
While River North, Greektown, and Streeterville were some of the most expensive neighborhoods to rent this spring, Loop ($1,950), Near South Side ($1,820), and Rush & Division ($1,820) were notably pricy areas as well. On the other end of the cost spectrum, Riverdale ($600), Fuller Park ($600), and South Deering ($625) were the most affordable neighborhoods to rent.
Garfield Ridge and Wicker Park had some of the fastest growing rents, both up over 10% since last quarter.
If you’re interested in seeing how Chicago rents compare with the rest of the nation’s, view our National Rent Report for March, 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 over 12,800 apartments for rent in Chicago on Zumper now.
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