Chicago, IL Homes for Rent

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  Starting at $1,638 Per Month

  • Studio - 2 Beds

  555 W Madison St, Chicago, IL 60661

  What do you want to do tonight? The simple question holds such anticipation, especially here at Presidential Towers, where you can get just about anywhere on foot. With a Fitness Formula Club, a relaxing sundeck, and several restaurants in the building, the options are endless. So go ahead, live life on your terms. Schedule a tour of our apartments in Chicago near the West Loop today!

  Presidential Towers

  (708) 725-1991

  

  555 W Madison St, Chicago, IL 60661
• Explore Chicago

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  $11,000 Per Month

  • 3 Beds
  • 3 Baths
  • 2,300 Sq Ft
  • Condo for Rent

  2800 N Lake Shore Dr Unit 3814-3816, Chicago, IL 60657

  Luxury Furnished High-Floor Residence | Ideal for Executive Living or Relocation | $11,000/month Experience elevated city living in this stunning high-floor 3-bedroom, 3-bath home in the heart of Lincoln Park, offering ~2,300 sq ft of beautifully designed space and sweeping, unobstructed views of Lake Michigan, Lincoln Park, Diversey Harbor, and the downtown skyline-from every room. Perfect for a

  

  Joe Caputo

  REMAX Legends

  (773) 900-8053

  2800 N Lake Shore Dr Unit 3814-3816, Chicago, IL 60657
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  Starting at $3,039 Per Month

  • Studio - 2 Beds

  1457 N Halsted St, Chicago, IL 60642

  This property is managed by Beztak, 2025 recipient of the US Best Managed Companies for the sixth year in a row, sponsored by Deloitte Private and The Wall Street Journal. Call and let us tell you why! ENJOY THE LIFE OF LUXURY Located in Chicago, Illinois The Residences at NewCity offers studio, one-, and two- bedroom apartments and features a door attendant, covered parking, swimming pool with

  The Residences at NewCity

  (844) 232-4772

  

  1457 N Halsted St, Chicago, IL 60642
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  $2,250 Per Month

  • 3 Beds
  • 1.5 Baths
  • 900 Sq Ft
  • Apartment for Rent

  6537 N Natoma Ave Unit 2, Chicago, IL 60631

  Charming and well maintained 3 bedroom unit in the highly desirable Norwood Park neighborhood. The home features hardwood flooring, generously sized bedrooms, kitchen with ample cabinetry and workspace, and a shared bathroom with large vanity. Credit score of 700 required.

  

  Timothy Good

  Keller Williams Preferred Rlty

  (872) 327-6159

  6537 N Natoma Ave Unit 2, Chicago, IL 60631
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  Starting at $1,750 Per Month

  • 2 Beds

  2000-2006 W Fargo Ave, Chicago, IL 60645

  Enjoy Newly Renovated Apartment Homes at Rogers Park Apartments! Now offering spacious 1, 2, & 3 bedroom apts. in the heart of Chicago’s vibrant Rogers Park neighborhood, near Loyola University & minutes to Lake Michigan, Osterman Beach, Montrose Dog Beach, CTA Red Line, shopping, dining & entertainment & much more! Beautifully designed interiors, include hardwood flooring, stainless

  Rogers Park Apartments

  (773) 692-6662

  2000-2006 W Fargo Ave, Chicago, IL 60645
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  $1,200 Per Month

  • 2 Beds
  • 1 Bath
  • 850 Sq Ft
  • Apartment for Rent

  4815 S Elizabeth St Unit 1F, Chicago, IL 60609

  Come see this beautiful 2 bedroom unit! Walk in to the comfort of a warm home, with hardwood floors throughout, and full of sunlight. Enjoy time with loved ones in the living room, or prepare delicious food in the updated kitchen. The bathroom has modern features. This home has its own heating system, you will never worry about being cold. Close to public transportation, shopping and parks.

  

  David Hernandez

  Coldwell Banker Realty

  (872) 375-2241

  4815 S Elizabeth St Unit 1F, Chicago, IL 60609
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  Starting at $990 Per Month

  • Studio - 2 Beds

  4901 S Drexel Blvd, Chicago, IL 60615

  4901 S Drexel Blvd is conveniently located in Chicago's Hyde Park area near 51st and Cottage Grove. This 122 unit property features great amenities and is easily accessible via the Metra Electric line at 47th and CTA bus lines 4, 15, & 47. Section 8 is accepted. Call today to schedule your showing!

  4901 S Drexel

  (855) 589-9093

  4901 S Drexel Blvd, Chicago, IL 60615
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  $1,200 Per Month

  • 2 Beds
  • 1 Bath
  • 1,000 Sq Ft
  • Apartment for Rent

  2707 E 78th St Unit 2W, Chicago, IL 60649

  Come see this beautiful & recently updated 2 bedroom unit in up and coming South Shore. This apartment is beautiful and clean, it has been recently modernized and updated with contemporary finishes. Featuring hardwood floors throughout, walk into the comfort of a warm and sunny home painted with a beautiful light grey throughout. With a very comfortable living room, it's an ideal space for nice

  

  David Hernandez

  Coldwell Banker Realty

  (773) 232-4936

  2707 E 78th St Unit 2W, Chicago, IL 60649
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  Starting at $1,015 Per Month

  • Studio - 3 Beds

  3233 S King Dr, Chicago, IL 60616

  Lake Meadows is a premier residential community located in the heart of the historic Bronzeville neighborhood, just south of downtown Chicago. Spread over 70 acres of open space and mature trees, Lake Meadows offers a peaceful and comfortable living environment for residents. Studios, 1-Bedroom, 2-Bedroom, and 3-Bedroom floorplans can be found within the four high-rise residential buildings and

  Lake Meadows Apartments

  (708) 797-6733

  

  3233 S King Dr, Chicago, IL 60616
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  $1,950 Per Month

  • 3 Beds
  • 1 Bath
  • 1,350 Sq Ft
  • Apartment for Rent

  5556 N Central Ave Unit 3, Chicago, IL 60630

  Move in Ready Jefferson Park 3rd Floor unit 3 bedrooms & 1 bathroom. Hardwood Floors Throughout. Eat-In Kitchen , corian Counter Tops. Radiator heating. Coin Laundry in Basement. Neighborhood w/ Great Schools. Free Street Parking. Tenants are responsible for gas and electric. Owner pays for Water, Garbage & Sewer 1 space in Garage available for an additional $100 per month Credit check required.

  

  Bill Eliopoulos

  Cosmos Realty Investors, Inc.

  (773) 692-6809

  5556 N Central Ave Unit 3, Chicago, IL 60630
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  Starting at $2,961 Per Month

  • Studio - 3 Beds

  211 W Scott St, Chicago, IL 60610

  Discover luxury living at The Scott Residences in Old Town Chicago. Choose from convertible, one-, two-, and three-bedroom apartments featuring modern finishes and spacious layouts. Enjoy the convenience of an on-site Starbucks and easy access to top dining, shopping, and entertainment. Community amenities include a stylish club lounge, rooftop deck with skyline views, fire pit, fitness center,

  The Scott Residences

  (773) 389-2557

  

  211 W Scott St, Chicago, IL 60610
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  $1,400 Per Month

  • 2 Beds
  • 1 Bath
  • 800 Sq Ft
  • Apartment for Rent

  312 E 83rd St Unit 1, Chicago, IL 60619

  Welcome home to this nice sized Chatham 2-bedroom, 1-bath apartment offering comfort, style, and great flow. Step into a bright living area that leads to a dedicated dining room , perfect for nice dinners or creating a cozy work-from-home space. The bathroom has been beautifully updated. Both bedrooms are comfortably sized with good closet space, making it easy to relax and stay organized. This

  

  Christina Garrett

  ELLSBURY GROUP LLC

  (872) 358-8489

  312 E 83rd St Unit 1, Chicago, IL 60619
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  Starting at $2,207 Per Month

  • Studio - 2 Beds

  400 E South Water St, Chicago, IL 60601

  Discover Lakeshore East from the comfort of our upscale high-rise apartment community. At Shoreham & Tides, all of your apartment wants and needs are satisfied by our sophisticated style created to meet your standards - no matter how high. Our pet friendly studio, one, and two bedroom apartments with high end features and unbeatable views pair with the perfect location for an exceptional

  Shoreham and Tides

  (708) 775-3187

  

  400 E South Water St, Chicago, IL 60601
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  $1,700 Per Month

  • 3 Beds
  • 1 Bath
  • 1,000 Sq Ft
  • Apartment for Rent

  5152 S Kildare Ave Unit 2, Chicago, IL 60632

  **2nd Floor Unit **Step into this beautifully 3 bedroom, 1 bathroom unit in the heart of Chicago's vibrant West Elsdon neighborhood! Renovated in 2022, this second-floor apartment offers modern comfort with stainless steel appliances stylish finishes throughout. Enjoy the convenience of your own in-unit laundry.

  

  Yolanda Zapiain

  RE/MAX 10

  (872) 327-2525

  5152 S Kildare Ave Unit 2, Chicago, IL 60632
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  Starting at $1,305 Per Month

  • Studio - 2 Beds

  853 W Blackhawk St, Chicago, IL 60642

  Your own room. A beautiful, furnished shared apartment. Built-in friends.All in the heart of Lincoln Park.Post Chicago offers a modern co-living experience for people who want connection, flexibility, and a better way to live in the city without paying studio prices. Residents rent a private, fully furnished bedroom within a thoughtfully designed apartment shared with two to three

  Post Chicago

  (224) 935-9769

  

  853 W Blackhawk St, Chicago, IL 60642
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  $1,950 Per Month

  • 1 Bed
  • 1 Bath
  • 800 Sq Ft
  • Apartment for Rent

  1843 S Racine Ave Unit 2R, Chicago, IL 60608

  Charming Renovated Vintage 1 Bedroom in Pilsen! Just a short walk to vibrant nightlife on 18th Street and the Pink Line. Enjoy a spacious living room filled with natural light. This lovely corner unit features an in-unit washer/dryer, hardwood floors, and central HVAC. Available July 1st.

  

  Kathleen Newell

  Impero Properties

  (773) 867-5498

  1843 S Racine Ave Unit 2R, Chicago, IL 60608
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  Starting at $1,740 Per Month

  • Studio - 3 Beds

  5035 S East End Ave, Chicago, IL 60615

  Regents Park is a luxury high-rise lakefront apartment community conveniently located in Hyde Park and just minutes from all the culture, entertainment, and dining options that make Chicago so unique. Regents Park apartments in Hyde Park include a swimming pool, 24/7 concierge and maintenance services, a state-of-the-art fitness facility, a private park, and a gourmet market. Studio apartments

  Regents Park

  (219) 600-5811

  

  5035 S East End Ave, Chicago, IL 60615
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  $1,200 Per Month

  • 2 Beds
  • 1 Bath
  • 900 Sq Ft
  • Apartment for Rent

  5217 S Hermitage Ave Unit 2F, Chicago, IL 60609

  This is the one you've been waiting for! Just look this 2-bedroom unit in the booming Englewood area. This 2nd floor apartment is the perfect mix of a classic layout, with a new high-efficiency heating system & unit independence. You will also find hardwood floors, as well as ceramic tiles in the bathroom. The spacious kitchen features a new quartz countertop. Close to public transportation,

  

  David Hernandez

  Coldwell Banker Realty

  (833) 315-4446

  5217 S Hermitage Ave Unit 2F, Chicago, IL 60609
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  Starting at $2,268 Per Month

  • Studio - 3 Beds

  77 W Huron St, Chicago, IL 60654

  Experience luxury living in the heart of River North, Chicago. Our studio, 1-, 2-, and 3-bedroom apartments offer elevated comfort with premium amenities designed to reward your hard work. Enjoy a year-round rooftop pool perfect for relaxing weekends, a state-of-the-art fitness center to help you stay active, and a private party room with a catering kitchen for celebrating life's moments in

  West77 Apartments

  (708) 775-2543

  

  77 W Huron St, Chicago, IL 60654
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  $1,800 Per Month

  • 3 Beds
  • 1 Bath
  • 1,473 Sq Ft
  • Apartment for Rent

  Unlisted Address

  Spacious 3BR/1BA 3rd-floor home on quiet block across from Palmer Park. Features large living room, formal dining room, and eat-in kitchen. Generous bedroom sizes throughout. Abundant street parking. Ready for immediate occupancy. Rental Terms: Security deposit + 1st month due at signing. Income req: 2.5x rent (or voucher). $50 app fee per applicant 18+. Section 8 welcome. Credit/background check

  

  Tameka Lewis-Madkins

  Keller Williams Preferred Rlty

  (872) 349-3103

  Unlisted Address
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  Starting at $2,340 Per Month

  • Studio - 3 Beds

  808 S Michigan Ave, Chicago, IL 60605

  Sentral Michigan Avenue offers spacious unfurnished and designer-furnished apartment suites that feature city and lake views and oversized windows which provide natural lighting. Other features include fully equipped kitchens, high-end finishes, full-size washer and dryers, and spa-inspired bathrooms. Premium community amenities include an indoor winter garden, indoor-outdoor pool,

  Sentral Michigan Avenue

  (708) 797-6742

  

  808 S Michigan Ave, Chicago, IL 60605
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  $1,800 Per Month

  • 2 Beds
  • 2 Baths
  • 1,000 Sq Ft
  • Condo for Rent

  5848 S Prairie Ave Unit G, Chicago, IL 60637

  Welcome to this big, bright, two bedroom, two bath garden apartment in Washington Park. * Flexible open layout designed for comfortable everyday living and easy entertaining. * Spacious living and dining area connects naturally to a well appointed kitchen with ample storage and preparation space. * In unit laundry. * Dedicated parking. * Five minutes to the University of Chicago Medical Center. *

  

  Roberto Montaño

  Engel & Voelkers Chicago

  (872) 304-7725

  5848 S Prairie Ave Unit G, Chicago, IL 60637
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  Starting at $2,360 Per Month

  • Studio - 3 Beds

  25 W Randolph St, Chicago, IL 60601

  Marquee at Block 37's contemporary, high-rise apartment building located in downtown Chicago boasts stunning studio, convertible, 1, 2 and 3 bedroom apartment homes. Each suite features upscale finishes, natural light spaces and unique lake and city views right from the heart of the Loop. With an unmatched downtown location, Marquee at Block 37 offers instant access to everything that makes

  Marquee at Block 37

  (708) 919-2716

  

  25 W Randolph St, Chicago, IL 60601
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  $2,900 Per Month

  • 2 Beds
  • 1.5 Baths
  • 1,100 Sq Ft
  • Condo for Rent

  1103 N Crosby St Unit A, Chicago, IL 60610

  RENTAL: Available 7/6/26! Great Old Town location close to CTA, shopping, Mariano's, and Old Town shops and restaurants. Bright and spacious, updated two bedroom condo. Open floor plan with generous sized rooms, renovated kitchen, oak hardwood floors throughout entryway, living room and hallway. Updated kitchen with white shaker cabinets, granite countertop and a breakfast bar. Both bedrooms with

  

  David Pickard

  RE/MAX Suburban

  (773) 309-6056

  1103 N Crosby St Unit A, Chicago, IL 60610
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  Starting at $2,539 Per Month

  • Studio - 2 Beds

  340 E North Water St, Chicago, IL 60611

  North Water Apartments puts you in the heart of Chicago's premier Streeterville neighborhood, where luxury living meets unbeatable convenience. You're just moments from Whole Foods and Mariano's for your everyday needs, steps from the Magnificent Mile's premier shopping at stores like Nordstrom and Apple, and perfectly positioned near major employers including Northwestern Memorial Hospital,

  North Water Apartments

  (708) 329-0750

  

  340 E North Water St, Chicago, IL 60611
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  $4,500 Per Month

  • 4 Beds
  • 2.5 Baths
  • 2,000 Sq Ft
  • Townhouse for Rent

  901 S Racine Ave Unit C, Chicago, IL 60607

  Available August 1st! Recently fully renovated and bright 3 Level 4 bedroom/2.5 bath townhouse with finished basement in gated Garden Courts complex in lush setting. This home is appointed with tall ceilings, new hardwood flooring, new lighting, big windows, fresh paint, and new carpet. Entirely new kitchen with white cabinets, stainless steel appliances, breakfast bar/island with overhang, and

  

  Armando Chacon

  Century 21 S.G.R., Inc.

  (773) 364-1970

  901 S Racine Ave Unit C, Chicago, IL 60607
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  Starting at $4,199 Per Month

  • 1 - 3 Beds

  2300 N Lincoln Park W, Chicago, IL 60614

  The most coveted address in Chicago. With thoughtful floor plans, elegant finishes, and sweeping views, The Belden-Stratford delivers an exceptional rental living experience. Situated in Lincoln Park, our property has an air of cosmopolitan style and historical elegance. Here, you'll find grand spaces matched with luxurious details. Be the first to live in one of our newly renovated Studios,

  The Belden Stratford

  (224) 470-7746

  

  2300 N Lincoln Park W, Chicago, IL 60614
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  $1,525 Per Month

  • 2 Beds
  • 1 Bath
  • 1,250 Sq Ft
  • Apartment for Rent

  6649 S Rhodes Ave Unit 2N, Chicago, IL 60637

  Spacious 2-bedroom apartment featuring hardwood floors, an eat-in kitchen, and central AC for year-round comfort. This well-maintained unit offers a functional layout with plenty of space to make yourself at home. Vouchers are welcome. No pets allowed. Move-in fee required.

  

  Tameka Lewis-Madkins

  Keller Williams Preferred Rlty

  (773) 754-4688

  6649 S Rhodes Ave Unit 2N, Chicago, IL 60637
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  Starting at $2,039 Per Month

  • Studio - 2 Beds

  8 E 9th St, Chicago, IL 60605

  Astoria Tower apartments offers stunning finishes, upscale amenities and spectacular views of Lake Michigan and downtown Chicago. These South Loop apartments were designed with your lifestyle as a top priority, with at home conveniences like 24/7 fitness center and in-unit laundry to high-end apartment features that make your new home the perfect combination of comfort and style.Astoria

  Astoria Tower

  (708) 637-0289

  8 E 9th St, Chicago, IL 60605
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  $4,100 Per Month

  • 1 Bed
  • 1.5 Baths
  • 1,337 Sq Ft
  • Condo for Rent

  340 E Randolph St Unit 500, Chicago, IL 60601

  Expansive 1-bedroom, 1.5-bathroom rental in Lakeshore East, Chicago - 1,350 square feet with partial lake and direct park views, private balcony, and assigned parking included at $4,100/month. This oversized one-bedroom residence at The 340 On The Park in Lakeshore East is the largest one-bedroom floor plan in the building, featuring an open-concept living and dining area with hardwood floors

  

  Larissa Brodsky

  Compass

  (773) 904-1062

  340 E Randolph St Unit 500, Chicago, IL 60601
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  Starting at $2,374

  Total Monthly Price

  • Studio - 3 Beds

  1001 S State St, Chicago, IL 60605

  Where curiosity lives. 1001 South State offers studio, 1, 2, and 3-bedroom apartments with views of the Chicago skyline, Lake Michigan, and the South and West Loop neighborhoods. With innovative amenities including a Makerspace, living biowall and custom-branded bike share, 1001 is truly home to new ideas.

  1001 South State

  (708) 298-5546

  

  1001 S State St, Chicago, IL 60605
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  $1,900 Per Month

  • 3 Beds
  • 2 Baths
  • 1,151 Sq Ft
  • Condo for Rent

  753 S Kedzie Ave Unit 2, Chicago, IL 60612

  Recently updated 3-bedroom 2 bath unit available! Hardwood floors throughout. All rooms have a closet with the 3rd room having a full bath. In unit laundry for convenience along with one parking space in the garage.

  

  Victor Senteno

  Senteno Real Estate LLC

  (872) 327-2935

  753 S Kedzie Ave Unit 2, Chicago, IL 60612
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  Starting at $2,516 Per Month

  • Studio - 3 Beds

  922 W Washington Blvd, Chicago, IL 60607

  Circa 922 is your hidden gem in the heart of the West Loop, home to boutique apartment living in a setting where everything you need is right outside your door. Circa 922 features cutting-edge eco-centric design combined with the classic architecture of a Printers Loft building from the early 1900's. Our new contemporary style building will feature open floor plans showcasing floor to ceiling

  Circa 922

  (708) 775-3769

  

  922 W Washington Blvd, Chicago, IL 60607
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  $1,870 Per Month

  • 3 Beds
  • 2 Baths
  • 1,100 Sq Ft
  • Townhouse for Rent

  8352 S Ingleside Ave, Chicago, IL 60619

  Need space? This refreshed 3-bedroom, 2-bath townhouse offers approximately ample comfortable living space with upgrades designed for convenience and peace of mind. Enjoy fresh paint throughout, brand-new flooring on the second floor, a new smart security system, smart doorbell, and commercial-grade door locks that make this inviting home even more appealing. Spacious, updated, and move-in ready,

  

  Brandice Hampton

  Baird & Warner

  (773) 305-6835

  8352 S Ingleside Ave, Chicago, IL 60619
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  Call for Price

  • 2 - 3 Beds

  4208-4214 S Michigan Ave, Chicago, IL 60653

  4208-4214 S Michigan Ave

  (833) 721-3667

  

  4208-4214 S Michigan Ave, Chicago, IL 60653
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  $1,350 Per Month

  • 2 Beds
  • 1 Bath
  • Apartment for Rent

  1908 W 48th St Unit 1R, Chicago, IL 60609

  Now Available! Spectacular, fully renovated 2-bedroom, 1-bathroom apartment located in the heart of Back of the Yards. Unit #1R boasts brand-new stainless steel appliances, sleek hardwood floors, and high-quality modern finishes throughout. Just blocks from public transportation, local restaurants, and all the vibrant amenities the neighborhood has to offer. Pet-friendly and move-in ready,

  

  Ana Sandoval-Cremieux

  Compass

  (872) 285-6687

  1908 W 48th St Unit 1R, Chicago, IL 60609
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  Starting at $970 Per Month

  • 2 - 4 Beds

  642 S Clark St, Chicago, IL 60605

  We're now open for Fall 2026 applications for the new school year! August move-ins currently available.An inspiring and energetic living space in the heart of Chicago, Dwight Lofts is a home where you can create memories and experiences that last a lifetime. Just steps down the road from numerous universities, our building provides convenient, all-inclusive living designed for

  Dwight Lofts

  (872) 314-1553

  

  642 S Clark St, Chicago, IL 60605
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  $1,200 Per Month

  • 2 Beds
  • 1 Bath
  • 800 Sq Ft
  • Apartment for Rent

  8356 S Mackinaw Ave Unit 3-B, Chicago, IL 60617

  Great 3rd top floor 2 bedroom apartment For Rent!! This unit has all the lighting and space someone needs. The apartment comes with an appliance package boasting new flooring throughout. This quiet small community is professionally managed and maintained, offers 24-7 maintenance services, weekly property maintenance to common areas, lawn care, snow removal, trash pick-up, and bi-monthly

  

  Bill Eliopoulos

  Cosmos Realty Investors, Inc.

  (312) 756-7862

  8356 S Mackinaw Ave Unit 3-B, Chicago, IL 60617
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  Starting at $2,367

  Total Monthly Price

  • Studio - 2 Beds

  1 W Superior St, Chicago, IL 60654

  It's atmosphere. It's convenience. It's the embodiment of downtown Chicago apartment living with the highest standards of comfort. It can be all yours at One Superior Place. Our selection of luxury apartments in downtown Chicago are the perfect place to indulge yourself.

  One Superior Place

  (708) 919-3364

  

  1 W Superior St, Chicago, IL 60654
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  $1,600 Per Month

  • 2 Beds
  • 1 Bath
  • 900 Sq Ft
  • Apartment for Rent

  1407 E 69th Place Unit 2, Chicago, IL 60637

  Come tour this Spacious 2 Bedroom, 1 Full Bath, updated apartment Ready for Immediate Move In. Enjoy Hardwood Floors throughout this 2nd floor unit. Open to All Income Types. Viewings Fridays from 2-3pm or call to make an appointment.

  

  Jacquelyn Jenke

  Keller Williams Preferred Rlty

  (773) 243-4251

  1407 E 69th Place Unit 2, Chicago, IL 60637

Showing Results 1 - 40, Page 1 of 18

Why Live in Chicago

Chicago's cultural landmarks create an exceptional urban experience, from the iconic Cloud Gate sculpture in Millennium Park to panoramic views at the Willis Tower Skydeck. The Art Institute of Chicago houses masterpieces spanning centuries, while the Chicago Riverwalk provides a scenic path lined with cafes and bars along the water. The city's culinary scene features acclaimed restaurants like the Michelin-starred Alinea and Girl & The Goat in the West Loop, plus beloved institutions like Pequod's Pizza, known for its caramelized crust deep dish.

The housing market includes diverse options across 77 community areas. In Lincoln Park, one bedroom condos have a median price of $288,500, while two bedroom units reach $460,000. Lakeview commands higher prices with two bedroom condos at a median of $577,500. More affordable options exist in Lincoln Square, where two bedroom condos have a median price of $275,000. The overall median sale price in Chicago is $368,000, with townhomes at $575,000 and single family homes at $335,000.

Chicago's cost of living runs 15.6% above the national average. A family with school-age children needs approximately $123,000 annually to live comfortably, while renters should aim for $85,000. Property taxes stand at 1.98%, with a combined sales tax rate of 8.89%. The city maintains excellent public transportation via the "L" train system and CTA buses. Top-rated schools include Whitney M. Young Magnet High School and Jones College Prep High School. Major universities like the University of Chicago and DePaul University add to the educational landscape. The city experiences distinct seasons, with warm summers averaging 80°F and winters dropping to around 18°F.

Learn more about living in Chicago

Frequently Asked Questions

How much does it cost to rent a home in Chicago, IL?

The median rent for a home in Chicago, IL is $2,395 per month, though prices vary by neighborhood, size, and property type. As of May 2026, single-family homes tend to be the most affordable option while condos and townhouses are currently more expensive.

How much do you need to make to afford rent in Chicago, IL?

To comfortably afford the median rent in Chicago, IL, a household needs to earn roughly $95,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,395 per month in Chicago, IL, renters typically need to show $7,185 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.

Is it more affordable to rent or buy in Chicago, IL?

In Chicago, IL, the price-to-rent ratio is 13.2, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

What neighborhoods in Chicago, IL are best for renting a home?

The best neighborhood for renting in Chicago, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Little Village, North Lawndale, Garfield Ridge, Archer Heights and Brighton Park, each with its own character and price range.

Rental Home Trends in Chicago, IL

There are currently 6,083 homes available for rent in Chicago, IL. The median rent is $2,395 per month, with single-family homes renting at $2,200, townhouses at $2,900 and condos at $2,295.

Rental Home Trends

Number of Homes for Rent

6,083

Median Rent

$2,395

Median Single Family Home Rent

$2,200

Median Townhouse Rent

$2,900

Median Condo Rent

$2,295