Apartments in South Chicago

1 - 30 of 146 Results
9
$1,200
8752 S Manistee Ave Chicago, IL
2 BR | Available Now
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South Chicago
12
$890
2710 E 83Rd St Chicago, IL
1 BR | Available Now
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South Chicago
6
$1,340
8257 S Coles Ave Chicago, IL
3 BR | May. 31, 2024
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South Chicago
13
$1,200
Chicago, IL
2 BR | Available Now
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South Chicago
10
$1,800
Chicago, IL
4 BR | Ask for Availability
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South Chicago
1
$725 - 1,300
Chicago, IL
Studio - 3 BR | Ask for Availability
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South Chicago
13
$1,300
Chicago, IL
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
South Chicago
8
$675
9001 S Commercial Ave Chicago, IL
Studio | Available Now
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South Chicago
8
$1,010 - 1,015
8201 S Kingston Ave Chicago, IL
2 BR | Available Now
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Covered Parking
South Chicago
$950
9050 S Escanaba Ave Chicago, IL
2 BR | Available Now
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South Chicago
9
$1,750
8050 S Saginaw Ave Chicago, IL
4 BR | Available Now
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House
Storage
South Chicago
$1,100
Chicago, IL
2 BR | Available Now
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South Chicago
10
$1,500
Chicago, IL
3 BR | Available Now
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South Chicago
22
$1,850
Chicago, IL
5 BR | Available Now
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House
South Chicago
5
$975
7956 S Burnham Ave Chicago, IL
2 BR | Available Now
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South Chicago
17
$1,010 - 1,060
8100 S Essex Ave Chicago, IL
2 BR | Available Now
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Dog Friendly
Cat Friendly
South Chicago
9
$680
7941 S Marquette Chicago, IL
Studio | Available Now
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South Chicago
15
$1,295
Chicago, IL
2 BR | Available Now
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Storage
South Chicago
1
$1,400
Chicago, IL
3 BR | Available Now
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Calumet Heights
5
$1,475
Chicago, IL
2 BR | Available Now
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Storage
Disability Access
South Chicago
2
$1,050
Chicago, IL
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
South Shore
13
$1,550
Chicago, IL
3 BR | Available Now
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Dog Friendly
South Shore
9
$930 - 955
7914 S Kingston Ave Chicago, IL
1 - 2 BR | Available Now
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South Chicago
12
$900
Chicago, IL
1 BR | Available Now
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Calumet Heights
6
$685
7925 S Phillips Chicago, IL
Studio | Available Now
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Covered Parking
South Chicago
$850 - 950
3075 E Cheltenham Pl Chicago, IL
1 BR | Available Now
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South Chicago
1
$1,000
Chicago, IL
2 BR | Available Now
Contact
Disability Access
South Shore
6
$880
7801 S Saginaw Chicago, IL
1 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
South Shore
1
$1,490
Chicago, IL
2 BR | Available Now
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Dog Friendly
Cat Friendly
South Shore
$1,310
Chicago, IL
1 BR | Available Now
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Section 8
South Shore
1 - 30 of 146 Results
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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.