Homes & Apartments for Rent in Chicago, IL 60646

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What to Know About

Living in 60646

Chicago is a city that never sleeps, full of vibrant culture, breathtaking architecture, and an electric atmosphere. Known for its towering skyscrapers, deep-dish pizza, and favorite sports teams, Chicago is a destination that delivers excitement and adventure. The city boasts some of the world's best museums, including the Art Institute of Chicago, the Museum of Science and Industry, and the Shedd Aquarium. Take a stroll through Millennium Park to see the iconic Cloud Gate sculpture, or explore the city's numerous parks, like Lincoln Park, Lincoln Park Zoo, and the Chicago Conservatory.

Chicago is a sports lover's paradise, home to the Chicago Cubs (MLB), Chicago Bears (NFL), Chicago Bulls (NBA), and Chicago Blackhawks (NHL), as well as the Chicago Marathon and world-class golf courses. In addition, iconic landmarks such as the Willis Tower and the John Hancock Center are a must-see, as well as the Navy Pier and the Magnificent Mile. Throughout the year, Chicago hosts an array of world-renowned events, including The Chicago Auto Show, the Lollapalooza music festival, and the Taste of Chicago food festival.

With its exceptional blend of history, culture, and excitement, Chicago is the perfect place to call home.

Rental Market Trends

Chicago, IL

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As of October 2026, Chicago's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Chicago's average rent is 45.5% ($818) higher than the Illinois average of $1,796 and 43.7% ($795) higher than the U.S. average of $1,819.

Average Rent
$2,614
Monthly ChangeMonth Over Month Change
Increased1.2% ($31)
Yearly ChangeYear Over Year Change
Increased1.9% ($48)
Avg. Days on MarketAverage Days on Market
32
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $2,415 Increased0.5% ($13) Increased2.2% ($52)
2 Beds $3,170 Increased3.3% ($102) Decreased6.4% ($216)
3 Beds $3,616 Increased5.7% ($196) Decreased12.4% ($512)
Nearby Cities Average Rent Avg. Rent vs. ChicagoAverage Rent vs. Chicago Avg. Days on MarketAverage Days on Market
Cicero $1,033 Decreased60.5% ($1581) 35 days
Oak Park $2,409 Decreased7.8% ($205) 32 days
Berwyn $1,151 Decreased56% ($1463) 31 days
Forest Park $1,728 Decreased33.9% ($886) 32 days
River Forest $1,910 Decreased26.9% ($704) 31 days
Rental market trends are calculated using listing data from RentalSource.
Property Managers

Who Has Rentals in Chicago

85 property managers have 1,920 rentals available in Chicago right now, including CL Leasing (564), CYM Living (248) and Hotspot Rentals (122).

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Frequently Asked Questions
Chicago Rental Market FAQs

Explore rental prices, market trends, and availability in Chicago, IL.

The average rent in Chicago, IL is $2,614 per month.
Homes in Chicago typically rent for between $1,691 and $4,701 per month, with an average of $2,614 per month.
In Chicago, the average rent for a 1-bedroom home is $2,415 per month, for a 2-bedroom home, $3,170 per month, and a 3-bedroom home is $3,616 per month.
The average rent in Chicago is 43.7% ($795) higher than the national average of $1,819 per month.
The average rent in Chicago has increased by 1.2% ($31) in the last month and increased by 1.9% ($48) over the past year.
The rental market in Chicago, IL, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Chicago, IL, the average rental stays on the market for approximately 32 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 5,850 rental properties available in Chicago, IL.
Based on the current averages, a household would need an annual income of $126,800 to comfortably afford a 2-bedroom home in Chicago.
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