Last updated on July 8, 2026

Average rent in
Austin, Chicago, IL

Median rent

Median rent in Austin

$1,372/mo

increased by6%

vs previous year

The average rent in Austin is $1,372 per month as of July 2026. This is 30% below the national average rent, or $577 less per month.

$1.81

average price per square foot

Total rentals

Available rentals in Austin

135

for rent on Zumper.com as of July 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 remained the same over the last month and have increased by 6% 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 $2,050. 1-bedroom apartments in Austin run $1,200 on average, while 2-bedroom apartments are $1,350.

Listings

Studio

$999

6%

12%

1 bedroom

$1,200

2%

14%

2 bedroom

$1,365

1%

No Change

3 bedroom

$1,700

1%

7%

4 bedroom

$2,250

5%

22%

Studio

Average rent

$999

Last 30 days

6%

Last year

12%

1 bedroom

Average rent

$1,200

Last 30 days

2%

Last year

14%

2 bedroom

Average rent

$1,365

Last 30 days

1%

Last year

No Change

3 bedroom

Average rent

$1,700

Last 30 days

1%

Last year

7%

4 bedroom

Average rent

$2,250

Last 30 days

5%

Last year

22%

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$1,372
decreased by30%

lower than the national median

Median rent price$1,595
decreased by18%

lower than the national median

Takeaway

The median rent for all rentals in Austin, Chicago, IL is 14% lower than the median rent in Hermosa, Chicago, IL.

Discover rentals in Austin, Chicago, IL

418 S Laramie - Photo 1 of 1

5d+ ago

8.3

Very good

418 S Laramie

418 S Laramie Ave, Chicago, IL 60644

1–2 beds

1 bath

$1,090–$1,205

Apartment for rent

5100 W Madison - Photo 1 of 1

1d ago

9.7

Excellent

Our team has verified this company

Verified

5100 W Madison

5100 W Madison St, Chicago, IL 60644

2–3 beds

1–2 baths

$1,110–$1,355

Apartment for rent

5647 W Madison St #10-3C - Photo 1 of 1

5d+ ago

Austin apartment for rent in Chicago

Madison Renaissance (SMALL)

5647 W Madison St #10-3C, Chicago, IL 60644

2 beds

1 bath

$1,150

Apartment for rent

Available Jul 1

735 N Austin - Photo 1 of 1

1d ago

8.3

Very good

735 N Austin

735 N Austin Blvd, Chicago, IL 60644

2 beds

1 bath

$1,175–$1,390

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 $1,372 per month as of July 4, 2026.

Is rent up or down in Austin?

Average rent prices in Austin have remained the same over the last month and have increased by 6% since last year.

How does Austin rent compare to the national average?

Rent in Austin is 30% below the national average, which means renters are paying approximately $577 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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