Average Rent in Chicago, IL
The typical rent in Chicago, IL is $2,342/month (as of August 2026).
Average market rent
$2,342/mo
Zillow Observed Rent Index (ZORI) · August 2026
Median gross rent
$1,440/mo
US Census Bureau (ACS) · December 2024
Average rent by bedroom in Chicago, IL
| Type | Average rent |
|---|---|
| Studio | $1,237/mo |
| 1 bedroom | $1,325/mo |
| 2 bedroom | $1,467/mo |
| 3 bedroom | $1,623/mo |
| 4 bedroom | $1,814/mo |
| 5+ bedroom | $1,693/mo |
Source: US Census Bureau (ACS) (December 2024).
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Frequently asked questions
What is the average rent in Chicago, IL?
The average rent in Chicago, IL is approximately $2,342 per month as of August 2026, based on Zillow Observed Rent Index (ZORI).
How much is a 2-bedroom in Chicago, IL?
The average rent for a 2-bedroom in Chicago, IL is about $1,467 per month (US Census Bureau (ACS)).
How much should I charge for rent in Chicago, IL?
A reasonable starting point is around $2,342 per month — the current average for Chicago, IL (Zillow Observed Rent Index (ZORI)). Advertise the figure you actually want, then use RealBid to keep every enquiry and offer in one place instead of scattered across your inbox.
How often is this data updated?
The calculator refreshes from Zillow Observed Rent Index (ZORI), every month.
Rent in nearby cities (IL)
Estimates only, for informational purposes. Source: Zillow Observed Rent Index (ZORI). Actual rents vary by neighborhood, bedroom count, condition, and timing.