Last updated on June 22, 2026

Average rent in
Erikson Institute, IL

Median rent

Median rent in Chicago

$3,290/mo

increased by7%

vs previous year

The average rent in Chicago is $3,290 per month as of June 2026. This is 69% above the national average rent, or $1,340 more per month.

$3.68

average price per square foot

Total rentals

Available rentals in Chicago

1,156

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Chicago rentals at each price point

45%34%23%11%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Erikson Institute, IL

Average rent prices in Chicago have increased by 7% 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 Erikson Institute, IL

Rent prices in Chicago vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Chicago is $3,362, whereas a house costs $4,000. 1-bedroom apartments in Chicago run $3,074 on average, while 2-bedroom apartments are $4,500.

Listings

Studio

$2,418

-

91%

1 bedroom

$2,985

-

99%

2 bedroom

$4,405

-

67%

3 bedroom

$6,615

-

35%

4 bedroom

$16,500

-

40%

Studio

Average rent

$2,418

Last year

91%

1 bedroom

Average rent

$2,985

Last year

99%

2 bedroom

Average rent

$4,405

Last year

67%

3 bedroom

Average rent

$6,615

Last year

35%

4 bedroom

Average rent

$16,500

Last year

40%

The table above reflects average rent prices in Erikson Institute, 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 Erikson Institute, IL

343 S Dearborn St #2-1 - Photo 1 of 1

2d ago

Our team has verified this company

Verified

2 beds

1 bath

$2,540

Apartment for rent

63 E Lake St #2-1 - Photo 1 of 1

2d ago

Our team has verified this company

Verified

2 beds

1 bath

$25,752

$2,570

Price drop

Apartment for rent

1133 N Dearborn St #207 - Photo 1 of 1

5d+ ago

Our team has verified this company

Verified

Apartment for rent

182 W Lake St #2-1 - Photo 1 of 1

5d+ ago

Our team has verified this company

Verified

2 beds

1 bath

$2,822

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 Erikson Institute, IL

Quick answers to common questions about the Chicago rental market.

How much is rent in Chicago?

The average rent in Chicago is $3,290 per month as of June 20, 2026.

Is rent up or down in Chicago?

Average rent prices in Chicago have increased by 7% since last year.

How does Chicago rent compare to the national average?

Rent in Chicago is 69% above the national average, which means renters are paying approximately $1,340 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 $132,000/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).

1000M Apartments