Careers
Favorites
Advertise With Us
Log In
Create Search Alert
Get alerts when new listings become available in the Chicago area that match this search.
Email address:

Subscribed
Error! Please try again later.
Contact Property
Your Name

Email Address

Phone Number
Desired Move In Date
Desired Number of Bedrooms
Request a Tour Date

Ask a Question

Error! Please try again later.

Apartments Near Illinois Institute of Technology

61 - 90 of 1,933 Results
20
$1,395 - 1,410
4714-20 S Michigan Ave
4714 S Michigan Ave Chicago, IL
2 BR | Available Now
1.8 miles from center of campus
Contact
Balcony/Deck/Patio
Grand Boulevard
0
$2,400
1515 S Pr
Chicago, IL
1 BR | Available Now
1.9 miles from center of campus
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Dishwasher
Near South Side
0
$4,850
1464 S Michigan
Chicago, IL
3 BR | Jun. 1, 2024
1.9 miles from center of campus
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Dishwasher
Near South Side
18
$2,455
4357 S Calumet Ave
Chicago, IL
3 BR | Jun. 6, 2024
1.5 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Dishwasher
Grand Boulevard
16
$2,600
212 E Cullerton Ave
Chicago, IL
2 BR | Available Now
1.5 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Fitness Center
8
$1,700
3235 S Racine
Chicago, IL
3 BR | Available Now
1.5 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Disability Access
Bridgeport
11
$1,650 - 2,595
1900 S. Clark St.
Chicago, IL
1 - 3 BR | Available Now
1.5 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
3
$1,600
3134 S Racine Ave
Chicago, IL
2 BR | Available Now
1.5 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Bridgeport
17
$1,650
4457-59 S Indiana Ave. / 206-214 E 45th St.
Chicago, IL
3 BR | Available Now
1.5 miles from center of campus
Contact
Heat Included
Cat Friendly
Storage
Disability Access
Grand Boulevard
206
$2,175 - 4,785
2138 South Indiana Ave.
Chicago, IL
1 - 3 BR | Ask for Availability
1.6 miles from center of campus
Near South Side
26
$1,950
4544 S Indiana Ave
Chicago, IL
3 BR | Available Now
1.6 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Storage
Grand Boulevard
21
$2,275
4543 S Indiana Ave
Chicago, IL
3 BR | Available Now
1.6 miles from center of campus
Contact
Grand Boulevard
3
$1,700
Canaryville Unit
539 W 45th St Chicago, IL
3 BR | Available Now
1.7 miles from center of campus
Contact
Storage
New City
18
$2,550
617 W 18th St
Chicago, IL
2 BR | Available Now
1.8 miles from center of campus
Contact
Cat Friendly
Air Conditioning
Storage
Dishwasher
Lower West Side
12
$2,500
1600 South Prairie Avenue, Unit 2108
Chicago, IL
1 BR | Jun. 2, 2024
1.8 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
38
$1,900 - 3,470
Carriage House Lofts
Deal
1545 S State St Chicago, IL
1 - 3 BR | Available Now
1.8 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Fitness Center
$2,150
2819 S Hillock
Chicago, IL
2 BR | Jun. 1, 2024
1.8 miles from center of campus
Contact
Bridgeport
9
$1,350
3004-3008 S Archer Ave
Chicago, IL
1 BR | Available Now
1.8 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Storage
Bridgeport
1
$975
4617 S Wallace St
Chicago, IL
2 BR | Ask for Availability
1.8 miles from center of campus
Contact
New City
6
$1,150
4344 Ellis Mobility Zone
4344 S Ellis Ave Chicago, IL
Studio | Available Now
1.8 miles from center of campus
Contact
Heat Included
Dog Friendly
Cat Friendly
Storage
Disability Access
16
$2,250
1516 S Wabash Ave
Chicago, IL
1 BR | Jun. 1, 2024
1.9 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
Storage
9
$2,150
1503 S State St Unit 702
Chicago, IL
1 BR | Available Now
1.9 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Near South Side
12
$2,150
1503 S State St Unit 702
Chicago, IL
1 BR | Available Now
1.9 miles from center of campus
Contact
Dishwasher
Near South Side
11
$2,150
1503 S State St Unit 702
Chicago, IL
1 BR | Available Now
1.9 miles from center of campus
Contact
Balcony/Deck/Patio
Dishwasher
Near South Side
1
$2,400
1515 S Prairie Ave Unit 1118
Chicago, IL
1 BR | Available Now
1.9 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Dishwasher
17
$2,400
1515 S Prairie with balcony and great city views!
Chicago, IL
1 BR | Available Now
1.9 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
27
$1,950
716 W 17th Pl
Chicago, IL
3 BR | Available Now
1.9 miles from center of campus
Contact
Storage
Disability Access
Dishwasher
Lower West Side
0
$3,850
1464 S Michigan
Chicago, IL
3 BR | Jun. 1, 2024
1.9 miles from center of campus
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Dishwasher
Near South Side
0
$2,500
1464 S Michigan
Chicago, IL
2 BR | Jun. 2, 2024
1.9 miles from center of campus
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Dishwasher
Near South Side
0
$2,600
1464 S Michigan
Chicago, IL
2 BR | Available Now
1.9 miles from center of campus
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Dishwasher
Near South Side
61 - 90 of 1,933 Results
  1. Home
  2. Chicago
  3. Illinois Institute of Technology
Frequently Asked Questions

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

Rentable.co has over 181,723 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 $1,800 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 $2,220 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 $2,220 per month, which is higher than the national average of $1,620 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:
May Rent Report

Welcome to the May 2024 Chicago Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 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

$2,350
$1,760
$1,180
$590
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Chicago Rent Prices Increase From April to May

Chicago rent prices increased over the last month. From April to May, the city experienced a 1.06% increase for the price of a one-bedroom apartment. The rent price for a Chicago one-bedroom apartments currently stands at $1,913.0.

When we take a look at the two-bedroom comparison from April to May, Chicago experienced a 1.31% increase for the price of a two-bedroom apartment. The rent price for a Chicago two-bedroom apartments currently stands at $2,251.0.

May Prices: Chicago vs. Surrounding Areas

Des Plaines, IL
Chicago, IL
Schaumburg, IL
Evanston, IL
Lombard, IL
Naperville, IL
Arlington Heights, IL
Oak Park, IL
$1,901
$1,893
$1,868
$1,822
$1,621
$1,437
$1,437
$1,265
$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 6 of the Chicago suburbs increased last month. On the other hand, 1 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, Arlington Heights, IL, Lombard, IL, Schaumburg, IL, Des Plaines, IL .

  • Rent decreased in Naperville, IL.

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

May 2024 Pricing Trends: Chicago vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
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 May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Chicago, IL $1,893.0 1.45% $2,222.0 1.74%
Naperville, IL $1,437.0 -0.35% $1,842.0 0.11%
Oak Park, IL $1,265.0 0.56% $1,757.0 -0.73%
Evanston, IL $1,822.0 1.50% $1,968.0 1.92%
Arlington Heights, IL $1,437.0 2.21% $1,875.0 0.11%
Lombard, IL $1,621.0 1.95% $1,975.0 1.86%
Schaumburg, IL $1,868.0 4.42% $2,407.0 6.88%
Des Plaines, IL $1,901.0 6.20% $2,166.0 5.45%

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.

Browse Chicago Apartments
Chicago Apartments by Neighborhood
Chicago Apartments by Bedrooms
Chicago Apartments by Affordability
Chicago Apartments with Amenities
Chicago Apartments by Type
Colleges Near Chicago
Chicago Apartments by Zip Code