Falling 2 spots, Chicago ranked as the 14th most expensive city to rent in the country, according to our most recent national rent report. One bedroom prices dropped 5.2%, which was the largest rent dip in the top 50 markets, to $1,470. Two bedrooms experienced a similar trend, falling 4.8% to $1,970.
While Fuller Park and West Pullman had the fastest growing rents this quarter, up 16% and 18%, respectively, West Town and Roseland took the biggest rent dips, both down over 12%.
Though Greektown ($2,250) continued to reign as the most expensive neighborhood this spring, similar to last quarter, River North ($2,200) moved past Streeterville to rank as second. West Loop, Loop, and Streeterville followed suit as the next priciest areas.
More affordable rentals, priced around $1,100, could be found in Avondale, Humboldt Park, and Albany Park.
If you want to see how Chicago’s rents with the rest of the nation’s, check out 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 all apartments for rent in Chicago on Zumper now.
For a more in-depth look into how and why we calculate our rental data, check out our methodology post here.
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