Last updated on June 24, 2026

Average rent in
University of Chicago, IL

Median rent

Median rent in Chicago

$2,050/mo

increased by17%

vs previous year

The average rent in Chicago is $2,050 per month as of June 2026. This is 5% above the national average rent, or $100 more per month.

$2.42

average price per square foot

Total rentals

Available rentals in Chicago

216

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Chicago rentals at each price point

65%49%33%16%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in University of Chicago, IL

Average rent prices in Chicago have increased by 17% 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 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 $2,010, whereas a house costs $3,400. 1-bedroom apartments in Chicago run $1,870 on average, while 2-bedroom apartments are $2,095.

Listings

Studio

$1,335

-

14%

1 bedroom

$1,867

-

25%

2 bedroom

$2,090

-

22%

3 bedroom

$2,550

-

33%

4 bedroom

$3,550

-

24%

Studio

Average rent

$1,335

Last year

14%

1 bedroom

Average rent

$1,867

Last year

25%

2 bedroom

Average rent

$2,090

Last year

22%

3 bedroom

Average rent

$2,550

Last year

33%

4 bedroom

Average rent

$3,550

Last year

24%

The table above reflects average rent prices in 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 University of Chicago, IL

1209 Madison/1210 Hyde Park - Photo 1 of 1

18h ago

7.6

Very good

Our team has verified this company

Verified

1209 Madison/1210 Hyde Park

1209 East Madison Park, Chicago, IL 60615

4–5 beds

2–3 baths

Call for price

Apartment for rent

Call

5445 Ingleside By 3L Living - Photo 1 of 1

2d ago

8

Very good

5445 Ingleside By 3L Living

5445 S Ingleside Ave, Chicago, IL 60615

Studio–3 beds

1–2 baths

$684–$2,062

Apartment for rent

5748 Blackstone By 3L Living - Photo 1 of 1

1d ago

8

Very good

5748 Blackstone By 3L Living

5748 S Blackstone Ave, Chicago, IL 60637

Studio–2 beds

1 bath

$726–$1,549

Apartment for rent

6807 Michigan Holding LLC - Photo 1 of 1

8h ago

8.3

Very good

6807 Michigan Holding LLC

6801 6801 - 6811 S Michigan Ave., Chicago, IL 60637

Studio–2 beds

1 bath

$900–$1,250

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 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 $2,050 per month as of June 20, 2026.

Is rent up or down in Chicago?

Average rent prices in Chicago have increased by 17% since last year.

How does Chicago rent compare to the national average?

Rent in Chicago is 5% above the national average, which means renters are paying approximately $100 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 $82,000/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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