Average Rent in Lower West Side, Chicago, IL and Rent Price Trends

Rent price trends in
Lower West Side, Chicago, IL

Rent price trends

Rent prices for all bedroom counts and property types in Lower West Side, Chicago, IL have decreased by 3% in the last month and have increased by 11% in the last year.

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

Rent comparables in
Lower West Side, Chicago, IL
The monthly rent for an apartment in Lower West Side, Chicago, IL is $1,950. A 1-bedroom apartment in Lower West Side, Chicago, IL costs about $1,700 on average, while a 2-bedroom apartment is $1,900. Houses for rent in Lower West Side, Chicago, IL are more expensive, with an average monthly cost of $2,100.


1 bedroom	$1,695	6%	14%
2 bedroom	$1,900	2%	8%
3 bedroom	$2,595	1%	11%
4 bedroom	$2,998	15%	88%
Studio	$1,200	16%	87%

		Comparables
Armour Square	$1,850
Bridgeport	$1,700
Logan Square	$2,275
Mckinley Park	$1,500
South Loop	$2,679
South Shore	$1,350


Apartments	$1,950	3%	No Change
Condos	$2,050	No Change	21%
Houses	$2,100	17%	No Change
Rooms	$1,185	6%	No Change

Studio

Average rent

$1,200

Last 30 days

16%

Last year

87%

1 bedroom

Average rent

$1,695

Last 30 days

Last year

14%

2 bedroom

Average rent

$1,900

Last 30 days

Last year

3 bedroom

Average rent

$2,595

Last 30 days

Last year

11%

4 bedroom

Average rent

$2,998

Last 30 days

15%

Last year

88%

The table above reflects average rent prices in Lower West Side, 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.

Compare rent prices in Lower West Side, Chicago, IL to other neighborhoods

Median rent prices in Lower West Side, Chicago, IL for all bedroom counts and property types compared to Armour Square, Chicago, IL.

Lower West Side

Median rent price$1,945

higher than the national median

Median rent price$1,850

lower than the national median

Takeaway

The median rent for all rentals in Lower West Side, Chicago, IL is 5% higher than the median rent in Armour Square, Chicago, IL.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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