Last updated on June 24, 2026

Average rent in
Loyola University of Chicago, IL

Median rent

Median rent in Chicago

$3,319/mo

increased by5%

vs previous year

The average rent in Chicago is $3,319 per month as of June 2026. This is 70% above the national average rent, or $1,369 more per month.

$3.75

average price per square foot

Total rentals

Available rentals in Chicago

1,134

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 Loyola University of Chicago, 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 Loyola University of Chicago, IL

Rent prices in Chicago vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Chicago is $3,425, whereas a house costs $4,200. 1-bedroom apartments in Chicago run $3,122 on average, while 2-bedroom apartments are $4,500.

Listings

Studio

$2,400

-

87%

1 bedroom

$2,954

-

98%

2 bedroom

$4,380

-

70%

3 bedroom

$6,500

-

28%

4 bedroom

$13,900

-

45%

Studio

Average rent

$2,400

Last year

87%

1 bedroom

Average rent

$2,954

Last year

98%

2 bedroom

Average rent

$4,380

Last year

70%

3 bedroom

Average rent

$6,500

Last year

28%

4 bedroom

Average rent

$13,900

Last year

45%

The table above reflects average rent prices in Loyola University of 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.

Discover rentals in Loyola University of Chicago, IL

The 808 Cleveland - Photo 1 of 1
Rent special

18h ago

7.6

Very good

The 808 Cleveland

808 N Cleveland Ave, Chicago, IL 60610

Studio–4 beds

1–3 baths

$1,374–$9,348

Apartment for rent

New Evergreen Sedgwick LP - Photo 1 of 1

5d+ ago

6.6

Good

New Evergreen Sedgwick LP

1310 N Sedgwick St, Chicago, IL 60610

1–3 beds

1 bath

$1,396–$1,950

Apartment for rent

1251 N Clybourn Ave - Photo 1 of 1

1d ago

7.2

Very good

1251 N Clybourn Ave

1251 N Clybourn Ave, Chicago, IL 60610

1–3 beds

1 bath

$1,500–$2,400

Apartment for rent

Evergreen Towers II - Photo 1 of 1
Age restricted

11h ago

6.8

Good

Evergreen Towers II

1343 N Cleveland Ave, Chicago, IL 60610

2 beds

1 bath

$1,690

Apartment for rent

Stay up to date with rental market insights

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Frequently asked questions for Loyola University of Chicago, IL

Quick answers to common questions about the Chicago rental market.

How much is rent in Chicago?

The average rent in Chicago is $3,319 per month as of June 20, 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 70% above the national average, which means renters are paying approximately $1,369 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 $133,000/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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