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Apartments in Downtown Chicago

1 - 30 of 493 Results
34
3D Tour
$2,350 - 9,439
Burnham Pointe
Deal
730 S Clark St Chicago, IL
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Covered Parking
64
$1,755 - 2,305
330 S. Wells St
Deal
330 S Wells St Chicago, IL
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Fitness Center
0
$3,600
431 S Deaborn St
Chicago, IL
3 BR | Available Now
Contact
In Unit Laundry
Dishwasher
Fireplace
The Loop
$1,100
Multiple Addresses
Chicago, IL
3 BR | Available Now
Contact
The Loop
0
$1,200
10531 S Lasalle St
Chicago, IL
2 BR | Available Now
Contact
The Loop
21
$3,023
20 E Adams St Unit 609
Chicago, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
13
$1,850
20 E Adams St Unit 215
Chicago, IL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
13
$1,845
20 E Adams St Unit 210
Chicago, IL
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
57
$1,650 - 3,986
1250 N Lasalle St
Chicago, IL
Studio - 2 BR | Ask for Availability
The Loop
15
$1,790 - 3,055
The Alfred
30 East Adams St. Chicago, IL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Fitness Center
120
$2,567 - 3,828
851 W Grand St
Chicago, IL
1 - 2 BR | Ask for Availability
The Loop
2
$5,000
Old Franklin Building
525 S. Dearborn Chicago, IL
Studio | Available Now
Contact
Cat Friendly
Air Conditioning
Storage
Disability Access
The Loop
23
$1,895
180 W. Adams
180 W. Adams St Chicago, IL
1 BR | Available Now
Contact
In Unit Laundry
Fitness Center
The Loop
42
3D Tour
Call for Pricing
University Center
3.3
525 South State Street Chicago, IL
Studio - 4 BR | Ask for Availability
Contact
Heat Included
Furnished
Student
Virtual Tour
Air Conditioning
17
$2,649
111 W Wacker
Chicago, IL
1 BR | Ask for Availability
The Loop
14
$2,160
600 S Clark St Unit 1001
Chicago, IL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
19
$3,100
600 S Clark St Unit 1110
Chicago, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
14
$1,695 - 2,795
619 S Lasalle St
Chicago, IL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
5
$820 - 875
7800-06 S Essex
Chicago, IL
1 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
The Loop
15
$2,267
939 W Washington St
Chicago, IL
1 BR | Ask for Availability
The Loop
12
$1,893
939 W Washington St
Chicago, IL
Studio | Ask for Availability
The Loop
20
$4,714
939 W Washington St
Chicago, IL
3 BR | Ask for Availability
The Loop
16
$2,373
939 W Washington St
Chicago, IL
1 BR | Ask for Availability
The Loop
19
$1,500
5 N Wabash Ave, Unit 1507
Chicago, IL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
The Loop
468
$1,685 - 10,150
717 S Clark St
Chicago, IL
Studio - 4 BR | Ask for Availability
Printers Row
19
$1,634 - 2,615
The Regal
651 S Wells St Chicago, IL
1 - 3 BR | Available Now
Contact
Luxury
Section 8
Air Conditioning
In Unit Laundry
Fitness Center
6
$2,000
720 S Clark St, Unit 101
Chicago, IL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
The Loop
19
$1,725
701 S Wells St Unit 2217
Chicago, IL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
The Loop
20
$2,098
701 S Wells St Unit 2416
Chicago, IL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
The Loop
16
$1,680
701 S Wells St Unit 1418
Chicago, IL
Studio | Available Now
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Dog Friendly
Cat Friendly
Storage
Dishwasher
The Loop
1 - 30 of 493 Results
  1. Home
  2. Chicago
  3. Downtown Chicago
Frequently Asked Questions

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

Rentable.co has over 469 apartments available near Downtown Chicago.

What is the average rent for a studio apartment in Downtown Chicago?

The average rent for a studio apartment near Downtown Chicago is around $1,903 per month.

What is the average rent for a one-bedroom apartment in Downtown Chicago?

The average rent for a one-bedroom apartment near Downtown Chicago is around $2,411 per month.

What is the average rent for a two-bedroom apartment in Downtown Chicago?

The average rent for a two-bedroom apartment near Downtown Chicago is around $3,274 per month.

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

Rentable.co has over 182,978 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 $1,350 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.

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