Chicago rent prices cooled off last month. The city dropped one spot in our national ranking, behind Los Angeles, to the 8th most expensive market in the nation. Prices for one bedroom units decreased 3.6% to a median of $1,870, while two bedroom units decreased 2.6% to a median of $2,550.
Near North Side ($2,150), Loop ($2,080), and Near West Side ($2,080) are the most expensive Chicago neighborhoods to rent this winter. If you’re looking to live by the water at less expensive rates, Lakeview ($1,310), Uptown ($1,250), and Edgewater ($1,180) are more affordable options.
The least expensive Chicago neighborhoods, priced under $800, can be found in the southwest portion of our map above. These include East Garfield Park, North Lawndale, and South Lawndale.
If you’re interested in seeing how Chicago compares to the rest of the United States, 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 5,900 apartments for rent in Chicago on Zumper.
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