Apartments in Lincoln Square Chicago

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$2,095
Chicago, IL
1 BR | Jan. 1, 2025
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Lakeview
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$2,650
Chicago, IL
2 BR | Available Now
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Lakeview
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$2,395
Chicago, IL
2 BR | Jan. 1, 2025
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Lakeview
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Chicago, IL
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Uptown
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$2,595
Chicago, IL
2 BR | Available Now
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Lakeview
18
$5,000
Chicago, IL
1 BR | Ask for Availability
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1
$1,400
4832 N Winthrop Ave Chicago, IL
2 BR | Available Now
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Uptown
6
$1,350
Chicago, IL
Studio | Available Now
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5
$1,495
Chicago, IL
1 BR | Available Now
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Irving Park
14
$1,695
Chicago, IL
Studio | Available Now
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Fitness Center
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9
$1,515
Chicago, IL
1 BR | Available Now
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Albany Park
19
$2,095
3845 N. Greenview, Unit S-6 Chicago, IL
1 BR | Available Now
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15
$1,975
3845 N. Greenview, Unit N-4 Chicago, IL
1 BR | Available Now
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9
$1,450
Chicago, IL
2 BR | Available Now
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West Ridge
15
$1,050
Chicago, IL
Studio | Available Now
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9
$1,725
Chicago, IL
2 BR | Available Now
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20
$2,295
3839 N. Greenview, Unit J Chicago, IL
2 BR | Available Now
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Lakeview
0
$1,680
Chicago, IL
1 BR | Jan. 1, 2025
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Lakeview
0
$1,795
Chicago, IL
2 BR | Available Now
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Lakeview
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$1,995
Chicago, IL
2 BR | Available Now
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Lakeview
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$1,700
Chicago, IL
3 BR | Available Now
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Albany Park
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$1,800
Chicago, IL
2 BR | Dec. 1, 2024
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Irving Park
3
$1,250
Chicago, IL
1 BR | Available Now
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Disability Access
Uptown
$2,600 - 3,150
Chicago, IL
3 BR | Available Now
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Uptown
$1,495
Chicago, IL
1 BR | Available Now
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North Park
$1,800 - 1,995
Chicago, IL
2 - 3 BR | Available Now
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Albany Park
33
$1,995
Chicago, IL
1 BR | Dec. 1, 2024
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Irving Park
1
$1,695
Chicago, IL
2 BR | Available Now
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20
$1,845
3815 N. Greenview, Unit E-5 Chicago, IL
1 BR | Available Now
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20
$2,595
3815 N. Greenview, Unit W-4 Chicago, IL
2 BR | Available Now
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Chicago:
November Rent Report

Welcome to the November 2024 Chicago Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 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
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Chicago Rent Prices Increase From October to November

Chicago rent prices increased over the last month. From October to November, the city experienced a 0.9% increase for the price of a one-bedroom apartment. The rent price for a Chicago one-bedroom apartments currently stands at $1,903.0.

When we take a look at the two-bedroom comparison from October to November, Chicago experienced a 0.19% increase for the price of a two-bedroom apartment. The rent price for a Chicago two-bedroom apartments currently stands at $2,139.0.

November Prices: Chicago vs. Surrounding Areas

Schaumburg, IL
Des Plaines, IL
Chicago, IL
Evanston, IL
Downers Grove, IL
Naperville, IL
Arlington Heights, IL
Oak Park, IL
$2,035
$1,935
$1,886
$1,785
$1,568
$1,420
$1,377
$1,341
$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, 3 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, Schaumburg, IL, Des Plaines, IL .

  • Rent decreased in Naperville, IL, Arlington Heights, IL, Downers Grove, IL.

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

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

November 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
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
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 November 1 BR M/M % Change 2 BR November 2 BR M/M % Change
Chicago, IL $1,886.0 1.29% $2,135.0 0.95%
Oak Park, IL $1,341.0 1.13% $2,010.0 7.83%
Evanston, IL $1,785.0 1.36% $2,270.0 3.70%
Naperville, IL $1,420.0 -1.11% $1,832.0 0.77%
Arlington Heights, IL $1,377.0 -1.08% $1,935.0 1.95%
Schaumburg, IL $2,035.0 0.94% $2,488.0 2.26%
Des Plaines, IL $1,935.0 0.62% $2,365.0 1.98%
Downers Grove, IL $1,568.0 -0.89% $1,790.0 0.85%

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.