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Apartments in Downtown Chicago

1 - 30 of 702 Results
15
$1,695 - 1,795
180 W. Adams
180 W. Adams St Chicago, IL
Studio - 1 BR | May. 1, 2024
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Cat Friendly
Virtual Tour
In Unit Laundry
Fitness Center
Dishwasher
11
$1,740 - 2,365
330 S. Wells St
Deal
330 S Wells St Chicago, IL
Studio - 1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Fitness Center
0
$2,100
623 E. Groveland
Chicago, IL
3 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
The Loop
20
$3,490
City Flats Chicago
1326 Meadow Ln Unit Chfs Chicago, IL
5 BR | Available Now
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Dog Friendly
Cat Friendly
House
Surface Parking
Balcony/Deck/Patio
20
$3,995
City Flats Chicago
806 Harvard, Unit C608 Chicago, IL
3 BR | Available Now
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House
Surface Parking
Storage
Dishwasher
The Loop
20
$3,490
817 Elm St
Chicago, IL
5 BR | Available Now
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Dog Friendly
Cat Friendly
House
In Unit Laundry
Balcony/Deck/Patio
39
$1,676 - 2,436
PER
ROOM
Student | Arc
37 W. Van Buren Chicago, IL
Studio - 4 BR | May. 25, 2024
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Student
The Loop
170
$2,350 - 9,889
1201 N Lasalle
Chicago, IL
Studio - 4 BR | Ask for Availability
The Loop
21
$939 - 2,624
PER
ROOM
Student | Infinite Chicago
28 E Jackson Blvd Chicago, IL
Studio - 4 BR | Available Now
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Student
The Loop
57
$1,650 - 3,986
1250 N Lasalle St
Chicago, IL
Studio - 2 BR | Ask for Availability
The Loop
15
$1,790 - 3,055
The Alfred
30 East Adams St. Chicago, IL
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Fitness Center
47
$2,246 - 4,300
851 W Grand St
Chicago, IL
1 - 2 BR | Ask for Availability
The Loop
2
$1,595 - 2,495
Old Franklin Building
525 S. Dearborn Chicago, IL
Studio - 2 BR | Jul. 1, 2024
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Cat Friendly
Air Conditioning
Storage
Disability Access
The Loop
1
$1,695
537 S Dearborn Terminals Building
537 S. Dearborn Chicago, IL
1 BR | Jul. 1, 2024
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Cat Friendly
Storage
Disability Access
The Loop
42
3D Tour
Call for Pricing
University Center
3.3
525 South State Street Chicago, IL
Studio - 4 BR | Ask for Availability
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Heat Included
Furnished
Student
Virtual Tour
Air Conditioning
17
$3,050
111 W Wacker
Chicago, IL
1 BR | Ask for Availability
The Loop
13
$2,900
310 S Michigan Ave
Chicago, IL
2 BR | Available Now
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Heat Included
Air Conditioning
Fitness Center
Disability Access
The Loop
14
$3,350
60 E Monroe St
Chicago, IL
2 BR | Available Now
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Air Conditioning
Surface Parking
Fitness Center
Storage
Pool
14
$1,695 - 2,795
619 S Lasalle St
Chicago, IL
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
5
$820 - 875
7800-06 S Essex
Chicago, IL
1 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
The Loop
17
$1,900
633 S Plymouth Ct
Chicago, IL
1 BR | Available Now
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Air Conditioning
Storage
Dishwasher
Printers Row
12
$1,950
939 W Washington St
Chicago, IL
Studio | Ask for Availability
The Loop
15
$2,677
939 W Washington St
Chicago, IL
1 BR | Ask for Availability
The Loop
20
$6,168
939 W Washington St
Chicago, IL
3 BR | Ask for Availability
The Loop
16
$2,613
939 W Washington St
Chicago, IL
1 BR | Ask for Availability
The Loop
1149
$1,823 - 19,050
175 North Harbor Dr.
Chicago, IL
Studio - 4 BR | Ask for Availability
Dog Friendly
In Unit Laundry
Dishwasher
Grant Park
19
$1,500
5 N Wabash Ave, Unit 1507
Chicago, IL
1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
The Loop
7
$3,500
Clark at Polk
Chicago, IL
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
425
$1,746 - 10,150
717 S Clark St
Chicago, IL
Studio - 4 BR | Ask for Availability
Printers Row
19
$1,634 - 2,615
The Regal
651 S Wells St Chicago, IL
1 - 3 BR | Available Now
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Luxury
Section 8
Air Conditioning
In Unit Laundry
Fitness Center
1 - 30 of 702 Results
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  3. Downtown Chicago
Frequently Asked Questions

How many apartments are available in Downtown Chicago on Rentable.co?

Rentable.co has over 719 apartments available near Downtown Chicago.

What is the average rent for a studio apartment in Downtown Chicago?

The average rent for a studio apartment near Downtown Chicago is around $1,956 per month.

What is the average rent for a one-bedroom apartment in Downtown Chicago?

The average rent for a one-bedroom apartment near Downtown Chicago is around $2,399 per month.

What is the average rent for a two-bedroom apartment in Downtown Chicago?

The average rent for a two-bedroom apartment near Downtown Chicago is around $3,287 per month.

How many apartments are available in Chicago, IL on Rentable.co?

Rentable.co has over 198,322 apartments available in Chicago.

What is the average rent for a studio apartment in Chicago, IL?

The average rent for a studio apartment in Chicago is around $1,340 per month.

What is the average rent for a one-bedroom apartment in Chicago, IL?

The average rent for a one-bedroom apartment in Chicago is around $1,840 per month.

What is the average rent for a two-bedroom apartment in Chicago, IL?

The average rent for a two-bedroom apartment in Chicago is around $2,210 per month.

How expensive is it to rent an apartment in Chicago, IL?

For a two-bedroom apartment in Chicago, the average rent price is $2,210 per month, which is higher than the national average of $1,630 per month.

Can I afford an apartment for rent in Chicago, IL?

Based on average rent prices in Chicago, to afford a studio apartment you would need an annual household income of $54,000 to live comfortably.

Chicago:
April Rent Report

Welcome to the April 2024 Chicago Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 2024 key findings and figures for the Chicago rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Chicago and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Chicago average rent prices in the chart below.

Monthly Rent Report

$2,300
$1,730
$1,150
$580
$0
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
1 BR       2 BR

Chicago Rent Prices Increase From March to April

Chicago rent prices increased over the last month. From March to April, the city experienced a 1.45% increase for the price of a one-bedroom apartment. The rent price for a Chicago one-bedroom apartments currently stands at $1,893.0.

When we take a look at the two-bedroom comparison from March to April, Chicago experienced a 1.74% increase for the price of a two-bedroom apartment. The rent price for a Chicago two-bedroom apartments currently stands at $2,222.0.

April Prices: Chicago vs. Surrounding Areas

Chicago, IL
Evanston, IL
Des Plaines, IL
Schaumburg, IL
Lombard, IL
Naperville, IL
Arlington Heights, IL
Oak Park, IL
$1,866
$1,795
$1,790
$1,789
$1,590
$1,442
$1,406
$1,258
$0
$650
$1,300
$1,950
$2,600
Median 1 BR Rent

Rent Prices in Chicago and Surrounding Areas

Rent prices have increased in Chicago over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 4 of the Chicago suburbs increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Oak Park, IL, Evanston, IL, Schaumburg, IL, Des Plaines, IL .

  • Rent decreased in Naperville, IL, Arlington Heights, IL, Lombard, IL.

  • 7 suburbs are currently priced lower than the city of Chicago.

April 2024 Pricing Trends: Chicago vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Chicago Rent Prices More Affordable Than Major Cities

Rent growth in Chicago over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Chicago average rent prices appear to be relatively affordable for local residents.

The price for a Chicago one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Chicago and surrounding area rent prices, take a look at the complete data set below.

Data set for Chicago and suburbs

1 BR April 1 BR M/M % Change 2 BR April 2 BR M/M % Change
Chicago, IL $1,866.0 1.86% $2,184.0 1.72%
Naperville, IL $1,442.0 -0.35% $1,840.0 0.55%
Oak Park, IL $1,258.0 0.40% $1,770.0 1.49%
Evanston, IL $1,795.0 1.41% $1,931.0 0.63%
Arlington Heights, IL $1,406.0 -2.50% $1,873.0 0.11%
Lombard, IL $1,590.0 -0.31% $1,939.0 1.04%
Schaumburg, IL $1,789.0 2.11% $2,252.0 3.40%
Des Plaines, IL $1,790.0 5.67% $2,054.0 2.04%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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