Apartments in Rush & Division Chicago

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$2,095
Chicago, IL
Studio | Available Now
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Dishwasher
Old Town
0
$1,695
Chicago, IL
Studio | Dec. 1, 2024
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Old Town
0
$1,995
Chicago, IL
Studio | Available Now
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Old Town
20
$3,650
Chicago, IL
2 BR | Dec. 1, 2024
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Dishwasher
Old Town
14
$3,650
Chicago, IL
2 BR | Available Now
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Dishwasher
Old Town
14
$3,750
Chicago, IL
2 BR | Available Now
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Balcony/Deck/Patio
Dishwasher
Old Town
18
$2,490
Chicago, IL
1 BR | Jan. 1, 2025
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Balcony/Deck/Patio
Dishwasher
Old Town
14
$3,750
Chicago, IL
2 BR | Available Now
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Balcony/Deck/Patio
Dishwasher
Old Town
14
$3,750
Chicago, IL
2 BR | Available Now
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Balcony/Deck/Patio
Dishwasher
Old Town
19
$3,345
Chicago, IL
2 BR | Available Now
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Balcony/Deck/Patio
Dishwasher
Old Town
8
$2,095
Chicago, IL
Studio | Available Now
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Balcony/Deck/Patio
Dishwasher
Old Town
20
$1,894 - 7,000
228 W Hill St Chicago, IL
1 - 2 BR | Available Now
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Luxury
Air Conditioning
Covered Parking
0
$3,530
Chicago, IL
2 BR | Available Now
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In Unit Laundry
Dishwasher
Old Town
0
$3,346
Chicago, IL
2 BR | Available Now
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In Unit Laundry
Dishwasher
Old Town
0
$3,388
Chicago, IL
2 BR | Available Now
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In Unit Laundry
Dishwasher
Old Town
0
$1,795
Chicago, IL
Studio | Available Now
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Dishwasher
Old Town
0
$2,650
Chicago, IL
2 BR | Jan. 1, 2025
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Dishwasher
Old Town
0
$2,595
Chicago, IL
2 BR | Jan. 1, 2025
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Old Town
1
$1,575 - 2,600
Chicago, IL
Studio - 1 BR | Available Now
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Balcony/Deck/Patio
Fitness Center
Pool
River North
22
$3,800
Chicago, IL
2 BR | Nov. 23, 2024
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Balcony/Deck/Patio
Dishwasher
Old Town
11
$2,170
Chicago, IL
Studio | Nov. 23, 2024
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Balcony/Deck/Patio
Dishwasher
Old Town
46
3D Tour
$2,184 - 7,522
905 N Orleans St. Chicago, IL
Studio - 3 BR | Available Now
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Virtual Tour
Luxury
Section 8
18
3D Tour
$2,090 - 4,599
Deal
169 W Huron St Chicago, IL
Studio - 2 BR | Available Now
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Virtual Tour
Luxury
Covered Parking
44
$1,700 - 2,700
676 North Lasalle St. Chicago, IL
Studio - 1 BR | Available Now
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Virtual Tour
Luxury
Air Conditioning
45
$2,350 - 6,000
Chicago, IL
Studio - 3 BR | Ask for Availability
Old Town
0
$15,088
Chicago, IL
3 BR | Available Now
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In Unit Laundry
Dishwasher
River North
0
$10,764
Chicago, IL
3 BR | Available Now
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In Unit Laundry
Dishwasher
River North
$1,653 - 2,462
Chicago, IL
Studio - 2 BR | Available Now
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Old Town
31
$4,995
244 E. Pearson St Chicago, IL
Studio | Available Now
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House
Air Conditioning
Fitness Center
0
$2,500
Chicago, IL
1 BR | Ask for Availability
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Streeterville
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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.