Last updated on November 2, 2026

Average rent in
University of Chicago, IL

Median rent

Median rent in Chicago

$2,025/mo

increased by25%

vs previous year

The average rent in Chicago is $2,025 per month as of October 2026. This is 7% above the national average rent, or $125 more per month.

$2.33

average price per square foot

Total rentals

Available rentals in Chicago

210

for rent on Zumper.com as of October 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 25% 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 $1,995, whereas a house costs $2,125. 1-bedroom apartments in Chicago run $1,731 on average, while 2-bedroom apartments are $2,092.

Listings

Studio

$1,199

-

40%

1 bedroom

$1,725

-

No Change

2 bedroom

$2,099

-

5%

3 bedroom

$2,397

-

2%

4 bedroom

$3,500

-

1650%

Studio

Average rent

$1,199

Last year

40%

1 bedroom

Average rent

$1,725

2 bedroom

Average rent

$2,099

Last year

5%

3 bedroom

Average rent

$2,397

Last year

2%

4 bedroom

Average rent

$3,500

Last year

1650%

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

5d+ 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

Call

5445 Ingleside By 3L Living - Photo 1 of 1
Highly rated

4h ago

8

Very good

5445 Ingleside By 3L Living

5445 S Ingleside Ave, Chicago, IL 60615

Studio

0–1 bath

$684–$748

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
5748 Blackstone By 3L Living - Photo 1 of 1
Highly rated

5h ago

8

Very good

5748 Blackstone By 3L Living

5748 S Blackstone Ave, Chicago, IL 60637

Studio

1 bath

$726–$912

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
5540 Hyde Park by 3L Living - Photo 1 of 1
Highly rated

3d ago

8.8

Very good

5540 Hyde Park by 3L Living

5540 S Hyde Park Blvd, Chicago, IL 60637

Studio–2 beds

1 bath

$815–$1,559

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

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 $2,025 per month as of October 31, 2026.

Is rent up or down in Chicago?

Average rent prices in Chicago have increased by 25% since last year.

How does Chicago rent compare to the national average?

Rent in Chicago is 7% above the national average, which means renters are paying approximately $125 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 $81,000/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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