Last updated on May 24, 2026

Average rent in
Austin, Chicago, IL

Median rent

Median rent in Austin

$1,382/mo

decreased by1%

vs previous year

The average rent in Austin is $1,382 per month as of May 2026. This is 29% below the national average rent, or $567 less per month.

$1.72

average price per square foot

Total rentals

Available rentals in Austin

138

for rent on Zumper.com as of May 2026

Rent price distribution

Share of Austin rentals at each price point

65%49%33%16%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Austin, Chicago, IL

Average rent prices in Austin have increased by 2% over the last month and have decreased by 1% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Austin, Chicago, IL

Rent prices in Austin vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Austin is $1,350, whereas a house costs $2,337. 1-bedroom apartments in Austin run $1,150 on average, while 2-bedroom apartments are $1,360.

Listings

Studio

$1,100

2%

37%

1 bedroom

$1,150

1%

23%

2 bedroom

$1,382

1%

7%

3 bedroom

$1,700

1%

28%

4 bedroom

$2,300

4%

23%

Studio

Average rent

$1,100

Last 30 days

2%

Last year

37%

1 bedroom

Average rent

$1,150

Last 30 days

1%

Last year

23%

2 bedroom

Average rent

$1,382

Last 30 days

1%

Last year

7%

3 bedroom

Average rent

$1,700

Last 30 days

1%

Last year

28%

4 bedroom

Average rent

$2,300

Last 30 days

4%

Last year

23%

The table above reflects average rent prices in Austin, Chicago, IL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Austin, Chicago, IL compare to other neighborhoods?

Compare median rent prices in Austin and Hermosa by all bedroom counts and property types.

Austin

Median rent price$1,382
decreased by29%

lower than the national median

Median rent price$1,580
decreased by19%

lower than the national median

Takeaway

The median rent for all rentals in Austin, Chicago, IL is 13% lower than the median rent in Hermosa, Chicago, IL.

Discover rentals in Austin, Chicago, IL

552 N Lawler Ave #1stFL - Photo 1 of 1

3d ago

Austin condo for rent in Chicago

Jeremiah Community Renewal Transitional Housing Program

552 N Lawler Ave #1stFL, Chicago, IL 60644

1 bed

1 bath

$650

Condo for rent

Available Jun 1

Monroe & Lavergne 300 - Photo 1 of 1
No deposit

2d ago

7.7

Very good

Monroe & Lavergne 300

4946 W Adams St, Chicago, IL 60644

2 beds

1 bath

$1,000

Apartment for rent

Monroe & Lavergne 100-MASTER - Photo 1 of 1
No deposit

8h ago

8.9

Very good

Monroe & Lavergne 100-MASTER

5000 W Adams St, Chicago, IL 60644

2 beds

1 bath

$1,095

Apartment for rent

Pine East - Photo 1 of 1
No deposit

2d ago

9

Excellent

Pine East

327 N Pine Ave, Chicago, IL 60644

2 beds

1 bath

$1,100

Apartment for rent

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Austin, Chicago, IL

Quick answers to common questions about the Austin rental market.

How much is rent in Austin?

The average rent in Austin is $1,382 per month as of May 23, 2026.

Is rent up or down in Austin?

Average rent prices in Austin have increased by 2% over the last month and have decreased by 1% since last year.

How does Austin rent compare to the national average?

Rent in Austin is 29% below the national average, which means renters are paying approximately $567 less per month.

What salary do I need to afford rent in Austin?

To comfortably afford rent in Austin, you'd need to earn approximately $55,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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