Apartments in Magnificent Mile Chicago

31 - 60 of 669 Results
19
3D Tour
$1,345 - 1,575
Chicago, IL
Studio | May. 1, 2024
Contact
Cat Friendly
Virtual Tour
Air Conditioning
Fitness Center
Dishwasher
23
$1,295 - 2,695
Chicago, IL
Studio - 2 BR | Available Now
Contact
Cat Friendly
Virtual Tour
Air Conditioning
Dishwasher
Rush & Division
22
$1,778 - 2,184
Chicago, IL
Studio - 1 BR | Available Now
Contact
Cat Friendly
Student
Virtual Tour
Luxury
Air Conditioning
19
$2,426
Chicago, IL
1 BR | Ask for Availability
River North
11
$1,841 - 3,397
Chicago, IL
1 - 2 BR | Ask for Availability
Rush & Division
44
$1,680 - 3,565
860 N. Dewitt Place Chicago, IL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Fitness Center
23
$3,475
8 W Chestnut St Chicago, IL
2 BR | Aug. 27, 2024
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Balcony/Deck/Patio
9
$2,107
Chicago, IL
Studio | Available Now
Contact
Furnished
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
23
$1,856 - 3,135
750 North Dearborn Chicago, IL
Studio - 2 BR | Available Now
Contact
Cat Friendly
Balcony/Deck/Patio
Fitness Center
Dishwasher
Pool
37
3D Tour
$2,225 - 3,505
8 W. Chestnut Street Chicago, IL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
$1,695 - 3,395
Chicago, IL
1 - 2 BR | Available Now
Contact
Balcony/Deck/Patio
Pool
River North
20
$2,579 - 5,299
Chicago, IL
Studio - 3 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
9
$3,650
Chicago, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
River North
10
$3,650
Chicago, IL
2 BR | Jul. 1, 2024
Contact
Dog Friendly
Cat Friendly
River North
16
$ Ask - 3,770
77 Huron West Chicago, IL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
10
$4,386
Chicago, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Dishwasher
Streeterville
6
$3,034
Chicago, IL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Dishwasher
Streeterville
26
$1,755 - 3,650
1 E Delaware Pl Chicago, IL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Air Conditioning
14
$2,489
Chicago, IL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
5
$2,600
Chicago, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
Rush & Division
12
$2,925
405 N Wabash Ave Chicago, IL
1 BR | Available Now
Contact
Heat Included
Furnished
Student
Virtual Tour
Senior Community
8
$5,452
Chicago, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Dishwasher
Streeterville
6
$2,793
Chicago, IL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
Streeterville
32
$2,478 - 4,885
355 Ohio Street East Chicago, IL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
28
$2,134 - 2,184
Chicago, IL
Studio - 1 BR | Ask for Availability
Contact
Cat Friendly
Fitness Center
Dishwasher
Rush & Division
10
$2,150
Chicago, IL
1 BR | Available Now
Contact
Cat Friendly
Fitness Center
Dishwasher
Rush & Division
109
$6,845 - 14,340
Chicago, IL
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
13
$3,500
Chicago, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
11
$3,500
Chicago, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
8
$2,430 - 4,200
465 N Park Dr Chicago, IL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
31 - 60 of 669 Results
  1. Home
  2. Chicago
  3. Magnificent Mile

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.