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Apartments for Rent in Chicago

2 homes within map area

Photo of Addams Coliving
Photo 1 of 6
Apartment

$1,160+/mo

Addams Coliving

1407 W 15th St, Chicago, IL 60608

Studio – 4 beds
2 – 4 baths
94 - 1230 SF
Bike StorageCommunity KitchenControlled AccessElevatorFitness CenterGrill StationLoungeMovie RoomPublic Area WifiPublic TransportationRoof TerraceSecurity CameraStudy LoungeTrash ChutesW/DYoga Room
Photo of Letterman Chicago
Photo 1 of 6
Apartment

$1,000+/mo

Letterman Chicago

410 S Morgan St, Chicago, IL 60607

Studio – 4 beds
1 – 2 baths
237 - 948 SF
Business CenterClub houseCourtesy PatrolFitness CenterLoungeMaintenance on SiteOn-site LaundryPet FriendlyProperty Manager on SitePublic TransportationStudy LoungeW/DWalk To Campus

Strong renter protections, a phenomenal transit network, and some of the best price-per-square-foot in major metros.

Chicago is one of the most affordable major metros in the US for rent. Our guide highlights the neighborhoods worth knowing, from upscale Lincoln Park to artsy Wicker Park to family-friendly Hyde Park.

$1,950

Avg. rent

+2.3%

YoY change

780

Median sqft

Neighborhoods in Chicago

Lincoln Park

Upscale, family-friendly, lakefront access

Wicker Park

Hip, artsy, excellent bar scene

Logan Square

Trendy, affordable, strong community

Hyde Park

Academic, quiet, great architecture

FAQs about renting in Chicago

What is the average rent in Chicago?

As of 2026, average rent in Chicago is around $1,950. Pricing varies significantly by neighborhood and unit size — see the listings above for current rates.

What are the best neighborhoods in Chicago?

Top neighborhoods in Chicago include Lincoln Park, Wicker Park, Logan Square, Hyde Park. Each has a distinct lifestyle profile — see the neighborhood section for details.

How competitive is the Chicago rental market?

The Chicago market moves quickly — the best listings often see multiple applications within 24–48 hours. Have your application materials (ID, income proof, credit report) ready before you start touring.

When is the best time to rent in Chicago?

Activity in Chicago peaks in spring and summer. Fall and winter typically have softer demand and more room to negotiate concessions or longer move-in dates.

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