Last updated on June 24, 2026

Average rent in
Taylor Business Institute, IL

Median rent

Median rent in Chicago

$3,162/mo

increased by11%

vs previous year

The average rent in Chicago is $3,162 per month as of June 2026. This is 62% above the national average rent, or $1,212 more per month.

$3.62

average price per square foot

Total rentals

Available rentals in Chicago

953

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 Taylor Business Institute, IL

Average rent prices in Chicago have increased by 11% 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 Taylor Business Institute, IL

Rent prices in Chicago vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Chicago is $3,200, whereas a house costs $3,500. 1-bedroom apartments in Chicago run $2,970 on average, while 2-bedroom apartments are $4,255.

Listings

Studio

$2,400

-

105%

1 bedroom

$2,907

-

104%

2 bedroom

$4,165

-

73%

3 bedroom

$6,274

-

38%

4 bedroom

$4,000

-

2%

Studio

Average rent

$2,400

Last year

105%

1 bedroom

Average rent

$2,907

Last year

104%

2 bedroom

Average rent

$4,165

Last year

73%

3 bedroom

Average rent

$6,274

Last year

38%

4 bedroom

Average rent

$4,000

Last year

2%

The table above reflects average rent prices in Taylor Business 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 Taylor Business Institute, IL

731 Plymouth by 3L Living - Photo 1 of 1

5h ago

7.4

Very good

731 Plymouth by 3L Living

731 S Plymouth Ct, Chicago, IL 60605

1–3 beds

1 bath

$1,979–$3,379

Apartment for rent

915 Aberdeen - Photo 1 of 1

5d+ ago

8

Very good

915 Aberdeen

915 S Aberdeen St, Chicago, IL 60607

2 beds

1 bath

$2,000

Apartment for rent

Straits Row - Photo 1 of 1
Student housing
Rent special

6h ago

9.3

Excellent

Our team has verified this company

Verified

Straits Row

633 S La Salle St, Chicago, IL 60605

Studio

1 bath

$2,359–$2,499

Apartment for rent

Available Aug 21

Call

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

4d ago

Our team has verified this company

Verified

2 beds

1 bath

$2,540

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 Taylor Business Institute, IL

Quick answers to common questions about the Chicago rental market.

How much is rent in Chicago?

The average rent in Chicago is $3,162 per month as of June 20, 2026.

Is rent up or down in Chicago?

Average rent prices in Chicago have increased by 11% since last year.

How does Chicago rent compare to the national average?

Rent in Chicago is 62% above the national average, which means renters are paying approximately $1,212 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 $126,000/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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