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

1 - 30 of 1,586 Results
24
$1,030 - 2,895
Lake Meadows Apartments
Deal
400 E 33Rd St Chicago, IL
Studio - 3 BR | Available Now
0.6 miles from center of campus
Contact
Air Conditioning
Balcony/Deck/Patio
Fitness Center
Storage
Disability Access
$1,125 - 1,655
Lake Meadows Apartments
555 E 33Rd Pl Chicago, IL
1 - 2 BR | Available Now
0.6 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
Storage
$1,250 - 1,550
Lake Meadows Apartments
401 E 32Nd St Chicago, IL
1 BR | Available Now
0.6 miles from center of campus
Contact
Air Conditioning
Balcony/Deck/Patio
Douglas
13
$1,900
3154 S Prairie Ave
Chicago, IL
3 BR | Available Now
0.3 miles from center of campus
Contact
Furnished
In Unit Laundry
Disability Access
Dishwasher
Douglas
15
$1,800
3119 S Princeton Ave
Chicago, IL
3 BR | Available Now
0.4 miles from center of campus
Contact
Cat Friendly
Air Conditioning
Dishwasher
Armour Square
1
$1,500
3001 S Michigan Ave
Chicago, IL
Studio | Available Now
0.4 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Pool
0
$1,650
2910 S Wentworth
Chicago, IL
3 BR | Available Now
0.5 miles from center of campus
Contact
Cat Friendly
Armour Square
18
$1,500
Park Boulevard Iib
3720 S. Dearborn Chicago, IL
2 BR | Ask for Availability
0.5 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Dishwasher
24
$770 - 1,726
Lake Meadows
500 E 33rd St Chicago, IL
Studio - 1 BR | Available Now
0.7 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
19
$972 - 2,684
Lake Meadows Apartments
500 East 33rd Street Chicago, IL
Studio - 3 BR | Available Now
0.7 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
$1,095 - 2,495
Lake Meadows Apartments
500 E 33Rd St Chicago, IL
Studio - 3 BR | Available Now
0.7 miles from center of campus
Contact
Air Conditioning
Balcony/Deck/Patio
Douglas
$1,099 - 1,885
Lake Meadows Apartments
501 E 32Nd St Chicago, IL
Studio - 2 BR | Available Now
0.7 miles from center of campus
Contact
Air Conditioning
Balcony/Deck/Patio
Douglas
25
$942 - 1,660
Eden Commons
3.1
2701 South Indiana Ave Chicago, IL
Studio - 4 BR | Available Now
0.7 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Student
Section 8
Air Conditioning
$1,199 - 1,925
Lake Meadows Apartments
533 E 33Rd Pl Chicago, IL
1 - 2 BR | Available Now
0.7 miles from center of campus
Contact
Air Conditioning
Balcony/Deck/Patio
Douglas
1
$3,300 - 3,495
2550 S Wabash Ave
Chicago, IL
3 BR | Available Now
0.8 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Fitness Center
Storage
Disability Access
$950 - 1,685
Lake Meadows Apartments
3420 S Cottage Grove Ave Chicago, IL
Studio - 2 BR | Available Now
0.8 miles from center of campus
Contact
Air Conditioning
Balcony/Deck/Patio
Douglas
$1,395 - 1,895
Lake Meadows Apartments
3445 S Rhodes Ave Chicago, IL
2 BR | Available Now
0.8 miles from center of campus
Contact
Air Conditioning
Balcony/Deck/Patio
Douglas
25
$2,400
2545 S Dearborn St
Chicago, IL
2 BR | Available Now
0.8 miles from center of campus
Contact
Cat Friendly
Fitness Center
Near South Side
$1,100 - 1,910
Lake Meadows Apartments
3440 S Cottage Grove Ave Chicago, IL
Studio - 2 BR | Available Now
0.8 miles from center of campus
Contact
Balcony/Deck/Patio
Douglas
20
$1,795
3423 S Cottage Grove Ave
Chicago, IL
2 BR | Available Now
0.9 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Douglas
25
$1,795
Woodland Park (for Sss Site Only)
3423 S Cottage Grove Ave Chicago, IL
2 BR | Available Now
0.9 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
15
$1,700
3148 South Union Avenue, Unit 2Nd Floor
Chicago, IL
3 BR | Jan. 1, 2025
0.9 miles from center of campus
Contact
Storage
Bridgeport
11
$1,863
606 E Woodland Park Ave
Chicago, IL
2 BR | Dec. 27, 2024
0.9 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Douglas
1
3D Tour
$1,829 - 1,895
Woodland Park
606 - 637 E Woodland Park Ave Chicago, IL
1 - 2 BR | Dec. 27, 2024
0.9 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
11
$1,829
637 E Woodland Park
Chicago, IL
2 BR | Jan. 3, 2025
0.9 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Douglas
26
$1,863 - 1,895
626 E Woodland Park
Chicago, IL
1 - 2 BR | Dec. 27, 2024
0.9 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Douglas
35
$1,140 - 1,459
PER
ROOM
Common McCormick
2401 S State St Chicago, IL
Studio | Available Now
1.0 miles from center of campus
Contact
Heat Included
Furnished
Air Conditioning
In Unit Laundry
Fitness Center
24
$1,740
405 E Oakwood Blvd
Chicago, IL
2 BR | Available Now
1.0 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Dishwasher
Grand Boulevard
1
$1,740
Oakwood 405 (hoa)
405 E Oakwood Blvd Chicago, IL
2 BR | Available Now
1.0 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
1
$2,295
4022 S Calumet Ave
Chicago, IL
3 BR | Available Now
1.0 miles from center of campus
Contact
Grand Boulevard
1 - 30 of 1,586 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 183,017 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 $1,360 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 $2,000 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 $2,000 per month, which is higher than the national average of $1,600 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:
December Rent Report

Welcome to the December 2024 Chicago Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 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
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Chicago Rent Prices Increase From November to December

Chicago rent prices increased over the last month. From November to December, the city experienced a 0.58% increase for the price of a one-bedroom apartment. The rent price for a Chicago one-bedroom apartments currently stands at $1,914.0.

When we take a look at the two-bedroom comparison from November to December, Chicago experienced a -0.61% decrease for the price of a two-bedroom apartment. The rent price for a Chicago two-bedroom apartments currently stands at $2,126.0.

December Prices: Chicago vs. Surrounding Areas

Schaumburg, IL
Des Plaines, IL
Chicago, IL
Evanston, IL
Arlington Heights, IL
Naperville, IL
Oak Park, IL
$2,056
$1,979
$1,903
$1,778
$1,449
$1,412
$1,346
$0
$700
$1,400
$2,100
$2,800
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, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

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

  • Rent decreased in Naperville, IL, Evanston, IL.

  • 2 suburbs are currently priced higher than the city of Chicago.

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

December 2024 Pricing Trends: Chicago vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,134
$3,160
$2,389
$2,353
$1,914
$1,318
$1,255
$1,234
$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 December 1 BR M/M % Change 2 BR December 2 BR M/M % Change
Chicago, IL $1,903.0 0.90% $2,139.0 0.19%
Oak Park, IL $1,346.0 0.37% $2,087.0 3.83%
Naperville, IL $1,412.0 -0.56% $1,838.0 0.33%
Evanston, IL $1,778.0 -0.39% $2,311.0 1.81%
Arlington Heights, IL $1,449.0 5.23% $1,932.0 -0.16%
Schaumburg, IL $2,056.0 1.03% $2,522.0 1.37%
Des Plaines, IL $1,979.0 2.27% $2,451.0 3.64%

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