Apartments in Lincoln Square Chicago

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$1,675
Chicago, IL
1 BR | Available Now
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Avondale
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$1,948
Chicago, IL
1 BR | Available Now
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Avondale
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$1,742
Chicago, IL
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Avondale
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$1,940
Chicago, IL
1 BR | Available Now
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Avondale
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$1,921
Chicago, IL
2 BR | Available Now
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Avondale
9
$1,095 - 2,095
4242 N Sheridan Rd Chicago, IL
Studio - 2 BR | Ask for Availability
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Luxury
Section 8
Balcony/Deck/Patio
10
$1,750
Chicago, IL
3 BR | Available Now
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Disability Access
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11
$1,600
Chicago, IL
2 BR | Available Now
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Storage
Disability Access
Edgewater
22
$2,385
3462 N Lincoln Ave Chicago, IL
1 BR | Available Now
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Lakeview
5
$1,515 - 1,695
Chicago, IL
1 BR | Available Now
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Fitness Center
Storage
Disability Access
3
$1,025
5250 N Sheridan Rd Chicago, IL
Studio | Available Now
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Air Conditioning
Storage
Disability Access
Edgewater
4
$1,375
Chicago, IL
Studio | Available Now
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Disability Access
Uptown
1
$1,795
3816 W Montrose Ave Chicago, IL
2 BR | Available Now
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Balcony/Deck/Patio
Dishwasher
Albany Park
1
$1,500
929 W. Sunnyside, Unit S-4 Chicago, IL
1 BR | Available Now
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Balcony/Deck/Patio
Storage
4
$1,625
1446-1452 W Thorndale Ave Chicago, IL
1 BR | Available Now
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Air Conditioning
Storage
Dishwasher
20
$1,895
3823 N. Drake, Unit 5 Chicago, IL
2 BR | Available Now
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Surface Parking
Storage
1
$2,800
4104 N Kenmore Ave Chicago, IL
2 BR | Available Now
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Balcony/Deck/Patio
Dishwasher
Uptown
0
$3,980
Chicago, IL
4 BR | Available Now
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In Unit Laundry
Dishwasher
Lakeview
10
$2,985
Chicago, IL
3 BR | Available Now
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Air Conditioning
Dishwasher
Lakeview
5
$1,375
Chicago, IL
2 BR | Ask for Availability
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In Unit Laundry
Dishwasher
West Ridge
40
$1,650
915 W Carmen Ave Chicago, IL
1 BR | Available Now
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Disability Access
Uptown
13
$1,500
900 W Gunnison St Chicago, IL
1 BR | Available Now
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Air Conditioning
Balcony/Deck/Patio
Storage
16
$800
Chicago, IL
Studio | Available Now
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In Unit Laundry
Dishwasher
Uptown
$1,000 - 2,500
Chicago, IL
Studio - 4 BR | Available Now
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Avondale
6
$1,365
1436 W Thorndale Ave Chicago, IL
1 BR | Dec. 6, 2024
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Edgewater
1
$995
1436 W Thorndale Ave Chicago, IL
1 BR | Available Now
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Edgewater
3
$1,850
Chicago, IL
2 BR | Available Now
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Air Conditioning
Surface Parking
In Unit Laundry
Uptown
4
$1,005
Chicago, IL
1 BR | Available Now
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Heat Included
Cat Friendly
Air Conditioning
Storage
Dishwasher
9
$1,625
Chicago, IL
1 BR | Available Now
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Air Conditioning
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Irving Park
0
$1,827
Chicago, IL
1 BR | Available Now
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Edgewater
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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.