Apartments in Old Town Chicago

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34
3D Tour
$1,528 - 6,227
1350 North Lake Shore Drive Chicago, IL
Studio - 1 BR | Available Now
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Virtual Tour
Luxury
Section 8
9
$9,160
1420 N Lake Shr Chicago, IL
4 BR | Apr. 1, 2025
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Cat Friendly
Fitness Center
Gold Coast
63
$1,724 - 3,541
1133 N. Dearborn Chicago, IL
Studio - 2 BR | Available Now
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Cat Friendly
Virtual Tour
Luxury
Air Conditioning
Covered Parking
7
$3,263
Chicago, IL
2 BR | Available Now
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Cat Friendly
Dishwasher
Rush & Division
7
$2,477
Chicago, IL
1 BR | Available Now
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Dishwasher
Rush & Division
23
$1,395 - 1,615
14 Elm Street West Chicago, IL
Studio - 1 BR | Available Now
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Air Conditioning
Balcony/Deck/Patio
Fitness Center
Storage
63
3D Tour
$1,444 - 5,804
1400 North Lake Shore Drive Chicago, IL
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Virtual Tour
Section 8
Fitness Center
10
$19,500
Chicago, IL
4 BR | Ask for Availability
Gold Coast
$980 - 4,500
Chicago, IL
Studio - 1 BR | Available Now
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Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
33
3D Tour
$6,990 - 7,790
61 E Banks St Chicago, IL
2 BR | Available Now
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Virtual Tour
Luxury
Covered Parking
16
$7,383 - 9,400
61 Banks Street East Chicago, IL
2 BR | Available Now
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Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
5
$1,645 - 2,165
Chicago, IL
1 BR | Available Now
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In Unit Laundry
Dishwasher
Gold Coast
20
$1,295 - 5,000
2.9
Chicago, IL
Studio - 1 BR | Available Now
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Cat Friendly
Virtual Tour
Air Conditioning
Fitness Center
Dishwasher
20
$1,700 - 2,111
Chicago, IL
Studio - 1 BR | Available Now
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Virtual Tour
Air Conditioning
Covered Parking
0
$3,900
Chicago, IL
2 BR | Dec. 1, 2024
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Old Town
19
$1,753 - 4,451
Chicago, IL
Studio - 3 BR | Available Now
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Cat Friendly
Virtual Tour
Luxury
Air Conditioning
Covered Parking
18
$4,995
Chicago, IL
1 BR | Available Now
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Cat Friendly
Virtual Tour
Air Conditioning
Fitness Center
Dishwasher
10
$3,300
Chicago, IL
3 BR | Available Now
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Gold Coast
47
$1,510 - 2,930
65 E Scott St. Chicago, IL
Studio - 2 BR | Available Now
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Dog Friendly
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Student
Luxury
Air Conditioning
5
$995 - 1,155
Chicago, IL
Studio | Available Now
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Cat Friendly
Air Conditioning
Old Town
1
$995
1011 N Clark St Chicago, IL
Studio | Ask for Availability
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Luxury
Storage
Disability Access
Rush & Division
6
$2,400
Chicago, IL
Studio | Available Now
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Air Conditioning
Balcony/Deck/Patio
Fitness Center
20
$4,500
Chicago, IL
2 BR | Available Now
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Storage
Dishwasher
Gold Coast
48
$2,660 - 6,790
633 W North Avenue Chicago, IL
1 - 3 BR | Available Now
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Virtual Tour
Luxury
Section 8
8
$2,895 - 3,200
1801-05 N. Cleveland Ave. Chicago, IL
2 BR | Available Now
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Air Conditioning
In Unit Laundry
Dishwasher
10
$2,350 - 2,395
Chicago, IL
2 BR | Available Now
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Cat Friendly
Dishwasher
Old Town
11
$2,695
Chicago, IL
2 BR | Available Now
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Dog Friendly
Cat Friendly
In Unit Laundry
Balcony/Deck/Patio
Dishwasher
$2,450
Chicago, IL
1 BR | Available Now
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Cat Friendly
Balcony/Deck/Patio
Storage
Pool
Old Town
8
$2,200 - 2,295
Chicago, IL
1 BR | Available Now
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Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
Dishwasher
$ Ask - 1,995
Chicago, IL
Studio - 1 BR | Available Now
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Fitness Center
Dishwasher
Pool
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Old Town Neighborhood Summary

Thriving Nightlife Paired with Eclectic Shops and Restaurants in Chicago’s Old Town

The area referred to as Old Town was home to many Native American Nations including members of the Illinois, Miami and Potawatomi. After the 1833 Treaty of Chicago most indigenous peoples were forcibly removed. The land was then settled by German Catholic immigrants. Although there is no legal entity called Old Town, the people who live there regard the northern border as North Avenue and the neighborhood continues south to Division Street. The East edge is LaSalle Street and heads west to Halsted. Old Town has many historic buildings, including St. Michael’s Church, one of only seven buildings to survive the Great Chicago Fire. In 1924 Henry Gerber established the first gay-rights group, the Society for Human Rights, and his home has since been designated as both a Chicago Landmark and a National Historic Landmark. The 1950s saw an influx of Puerto Ricans that emigrated to Chicago. In the 60s and 70s Old Town became a center for folk musicians. The Old Town School of Folk Music was located on North Avenue until its move to Armitage Street in 1968.

Who Lives There

The total population of Old Town is 39,019 and the median age is 33.6 years. A whopping 89.5% of households have no children and the median income is $86,803. Only 29% of Old Town’s residents have bachelor’s degrees and 12.43% have only some high schooling. An average 620 square foot apartment hovers around $2,000 and a three-bedroom, 1330 square foot place, will cost you just under $6,000.

Places of Interest

Today the Old Town Triangle Art Center is a cultural hub and the annual Old Town Art Fair attracts people from all over the area. There is considerable diversity in the eclectic shops of Old Town as they sell items from spices to wines. Second City, a comedy/improv club made famous by performers like Bill Murray, John Belushi, Stephen Colbert and Tina Fey, is still in Old Town. At the corner of North and Wells since 1967 they have expanded to include a mainstage, theater, small theaters for student shows as well as a training facility and film school. Zanies is another popular comedy club.

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.