Last updated on September 18, 2026

Average rent in
American Academy of Art, IL

Median rent

Median rent in Chicago

$2,836/mo

increased by5%

vs previous year

The average rent in Chicago is $2,836 per month as of September 2026. This is 49% above the national average rent, or $936 more per month.

$3.33

average price per square foot

Total rentals

Available rentals in Chicago

624

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Chicago rentals at each price point

60%45%30%15%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in American Academy of Art, IL

Average rent prices in Chicago have increased by 5% since last year. At this time, we don't have enough information to generate yearly trends. Please see below for more rent price details.

Rent trends

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

Compare rent prices in American Academy of Art, IL

Rent prices in Chicago vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Chicago is $2,850, whereas a house costs $2,900. 1-bedroom apartments in Chicago run $2,774 on average, while 2-bedroom apartments are $3,955.

Listings

Studio

$2,332

-

21%

1 bedroom

$2,692

-

8%

2 bedroom

$3,915

-

21%

3 bedroom

$6,262

-

19%

4 bedroom

$7,856

-

118%

Studio

Average rent

$2,332

Last year

21%

1 bedroom

Average rent

$2,692

Last year

8%

2 bedroom

Average rent

$3,915

Last year

21%

3 bedroom

Average rent

$6,262

Last year

19%

4 bedroom

Average rent

$7,856

Last year

118%

The table above reflects average rent prices in American Academy of Art, 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.

Discover rentals in American Academy of Art, IL

188 North Wells Street - Photo 1 of 1
3D tour

3d ago

9.3

Excellent

Our team has verified this company

Verified

188 North Wells Street

188 N Wells St #1236, Chicago, IL 60606

Studio–1 bed

1 bath

$1,400–$1,970

820 Michigan by 3L Living - Photo 1 of 1
Highly rated

3d ago

8.3

Very good

820 Michigan by 3L Living

820 S Michigan Ave, Chicago, IL 60605

Studio–2 beds

1–2 baths

$1,599–$2,599

30 East Roosevelt - Photo 1 of 1

10h ago

7.8

Very good

30 East Roosevelt

30 E Roosevelt Rd, Chicago, IL 60605

Studio–2 beds

1 bath

$1,700–$2,100

30 East Roosevelt Road - Photo 1 of 1
3D tour

3d ago

9.3

Excellent

Our team has verified this company

Verified

30 East Roosevelt Road

30 E Roosevelt Rd #802, Chicago, IL 60605

1–2 beds

1 bath

$1,800–$2,380

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 American Academy of Art, IL

Quick answers to common questions about the Chicago rental market.

How much is rent in Chicago?

The average rent in Chicago is $2,836 per month as of September 12, 2026.

Is rent up or down in Chicago?

Average rent prices in Chicago have increased by 5% since last year.

How does Chicago rent compare to the national average?

Rent in Chicago is 49% above the national average, which means renters are paying approximately $936 more per month.

What salary do I need to afford rent in Chicago?

To comfortably afford rent in Chicago, you'd need to earn approximately $113,000/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).

One East Delaware