Chicago, IL Homes for Rent

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  Starting at $1,721 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

  

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

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  $2,450 Per Month

  • 1 Bed
  • 1 Bath
  • 900 Sq Ft
  • Condo for Rent

  600 S Dearborn St Unit 1305, Chicago, IL 60605

  This bright unit features an open floor plan, soaring 10' ceilings, hardwood floors, a very large walk-in closet, & brand new in-unit washer/dryer. Building features 24/7 door person, on-site engineer & manager, workout room, valet cleaners, & laundry room. Close to everything downtown has to offer. Full furnished unit. Most furniture in the video will stay. The condo is available for 9/1 moving

  

  Cathy Wu

  AiHome Realty Group LLC

  600 S Dearborn St Unit 1305, Chicago, IL 60605
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  Starting at $3,460 Per Month

  • Studio - 2 Beds

  1457 N Halsted St, Chicago, IL 60642

  This property is managed by Beztak, 2026 recipient of the US Best Managed Companies for the seventh 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

  

  1457 N Halsted St, Chicago, IL 60642
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  $1,500 Per Month

  • 1 Bed
  • 1 Bath
  • 650 Sq Ft
  • Condo for Rent

  8758 W Berwyn Ave Unit 1NW, Chicago, IL 60656

  Do you like watching the seasons change? You will have a perfect view from the windows of this charming 1-bedroom condo! Western exposure to forest preserve gives you a feeling of being out in the country while living in the city! Recently rehabbed main-floor unit has hardwood floors, stainless steel appliances, vertical blinds, large closets and ceiling fans in addition to a/c. Unit does not

  

  Nina Gaspich

  Century 21 Universal

  8758 W Berwyn Ave Unit 1NW, Chicago, IL 60656
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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

  2000-2006 W Fargo Ave, Chicago, IL 60645
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  $1,400 Per Month

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

  5331 W Congress Pkwy Unit G, Chicago, IL 60644

  Spectacular, newly renovated 2-bedroom, 1-bathroom unit with additional office/den space in Austin, available now. Unit G features refinished hardwood floors, a modern kitchen with stainless steel appliances, gated entry, and brand-new quality finishes throughout. Two tandem parking spaces are included. Common area laundry on site. Conveniently located just blocks from I-290, CTA Blue Line,

  

  Ana Sandoval-Cremieux

  Compass

  5331 W Congress Pkwy Unit G, Chicago, IL 60644
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  Starting at $980 Per Month

  • Studio - 1 Bed

  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

  4901 S Drexel Blvd, Chicago, IL 60615
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  $1,400 Per Month

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

  8324 S Baker Ave Unit 2, Chicago, IL 60617

  Spacious 2-Bedroom Apartment Across from Russell Square Park. This bright 2-bedroom unit is located on the 1st floor of a well-maintained 2-unit building directly across from Russell Square Park. Features include: Private backyard access, Small storage room, Tenant-controlled heat One cat welcome (no dogs). Conveniently located just half a block from CTA and Metra stations, offering easy access

  

  Angela Walker

  Angela Walker Homes Real Estate Group

  8324 S Baker Ave Unit 2, Chicago, IL 60617
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  Starting at $2,240 Per Month

  • Studio - 3 Beds

  180 N Jefferson St, Chicago, IL 60661

  At 180 N. Jefferson, a new life begins, Turn your living experience around—where comfort wins! With huge floorplans, there's room to spare, Great value awaits—you won't find it elsewhere!Steps from the L, your commute's a breeze, To Fulton Market or the Loop with ease. Close to BoA, Google, and Salesforce Tower, So close you can come home for your lunch hour!Our staff is friendly, here day and

  180 North Jefferson

  

  180 N Jefferson St, Chicago, IL 60661
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  $2,500 Per Month

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

  6620 W Devon Ave Unit 1, Chicago, IL 60631

  Beautiful like new apartment on Northwest Side of Chicago in very convenient location. Walk to parks, shops and SuperDawg! This apartment is in a building that has everything new- including Windows, Roof, pipes, Electric and more. You will be the first tenant in this unit since it was completely redone. The rental features in unit full size laundry machines, gorgeous kitchen and bath, refinished

  

  Michael Stangel

  @properties Christie's International Real Estate

  6620 W Devon Ave Unit 1, Chicago, IL 60631
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  Starting at $2,080 Per Month

  • Studio - 2 Beds

  79 W Monroe St, Chicago, IL 60603

  The Bellwether Residences is pre-leasing for August 2026. This community is redefining downtown apartment living through a thoughtful office-to-residential transformation in the heart of the Loop. This historic conversion will boast 117 new residences designed for modern urban lifestyles, blending preserved architectural character with updated systems and resident-focused amenities. Planned

  Bellwether Residences

  

  79 W Monroe St, Chicago, IL 60603
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  $1,250 Per Month

  • 2 Beds
  • 1 Bath
  • 1,400 Sq Ft
  • Apartment for Rent

  6529 S Kimbark Ave Unit 2R, Chicago, IL 60637

  Spacious two-bedroom, one-bathroom unit filled with natural light in the desirable Woodlawn neighborhood! Features carpet throughout, enclosed porches, a bathroom with a large soaking tub, and eight-foot ceilings throughout. Coin-operated laundry is conveniently located in the basement. On-site parking is available for rent, along with plenty of street parking. Professionally managed property.

  

  Mike Musa

  Keller Williams Preferred Rlty

  6529 S Kimbark Ave Unit 2R, Chicago, IL 60637
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  Starting at $1,075 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

  

  3233 S King Dr, Chicago, IL 60616
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  $3,500 Per Month

  • 2 Beds
  • 2 Baths
  • 1,095 Sq Ft
  • Condo for Rent

  2124 N Hudson Ave Unit 104, Chicago, IL 60614

  Chic Garden Unit in the Heart of Lincoln Park Tucked away on a quiet, tree-lined street in a charming vintage building, this 2 bed, 2 bath condo offers the best of city living. Hardwood floors throughout, the home features a small kitchen with granite countertops, maple cabinetry, and stainless steel appliances. In-unit laundry, and outdoor parking included-a rare find! Located just steps from Oz

  

  Rhonda Hoff

  Jameson Sotheby's Intl Realty

  2124 N Hudson Ave Unit 104, Chicago, IL 60614
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  Starting at $2,350 Per Month

  • 1 Bed

  1529 N Fremont St, Chicago, IL 60642

  Inside Info Fremont is where chic meets savvy, a stylish home base in Chicago's Lincoln Park neighborhood. We're around the bend from Whole Foods, REI, and the Wild Mile, and a moment away from the CTA Red Line–making the best of the city always in reach. Our apartments are designed with intention, pairing high end finishes with smart, efficient layouts. And our common spaces are designed to

  Inside Info Fremont

  

  1529 N Fremont St, Chicago, IL 60642
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  $4,700 Per Month

  • 2 Beds
  • 2 Baths
  • 1,650 Sq Ft
  • Condo for Rent

  400 E Ohio St Unit 801, Chicago, IL 60611

  Discover the allure of this luxurious corner condo nestled in the sought-after Streeterville neighborhood of Chicago. This exquisite residence offers residents steps away to Navy Pier, the glistening waters of Lake Michigan an array of dinning shopping and entertainment . Rarely available this 01 tier two bedroom residence spans an impressive 1650 square feet with large windows framing the

  

  Rhonda Hoff

  Jameson Sotheby's Intl Realty

  400 E Ohio St Unit 801, Chicago, IL 60611
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  Starting at $2,162 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

  

  400 E South Water St, Chicago, IL 60601
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  $3,300 Per Month

  • 2 Beds
  • 2 Baths
  • 1,260 Sq Ft
  • Condo for Rent

  780 S Federal St Unit 701, Chicago, IL 60605

  Don't miss your chance to rent this spectacular Printer's Row corner unit! Enjoy breathtaking views of historic Dearborn Station and Dearborn Park right from your living room. Unit Highlights: hardwood floors and custom finishes, stainless steel appliances, and updated modern baths. Ample closet space throughout the apartment. Perfectly situated just steps from Michigan Avenue, Grant Park, Lake

  

  Angela Walker

  Angela Walker Homes Real Estate Group

  780 S Federal St Unit 701, Chicago, IL 60605
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  Starting at $1,360 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

  

  853 W Blackhawk St, Chicago, IL 60642
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  $10,000 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 or Unfurnished 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

  

  Joe Caputo

  REMAX Legends

  2800 N Lake Shore Dr Unit 3814-3816, Chicago, IL 60657
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  Starting at $1,800 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

  

  5035 S East End Ave, Chicago, IL 60615
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  $3,300 Per Month

  • 2 Beds
  • 2 Baths
  • 1,220 Sq Ft
  • Condo for Rent

  1629 S Prairie Ave Unit 809, Chicago, IL 60616

  Experience refined city living in this impeccably reimagined two-bedroom, two-bath residence with a spacious den and private balcony, nestled within Chicago's coveted Historic Prairie District. Completely renovated from top to bottom, this turnkey home blends timeless contemporary design with effortless functionality, creating a residence that feels both elegant and inviting. Expansive

  

  Rafael Murillo

  Compass

  1629 S Prairie Ave Unit 809, Chicago, IL 60616
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  Starting at $2,275 Per Month

  • Studio - 2 Beds

  625 W Division St, Chicago, IL 60610

  Located in Chicago's highly desirable Near North Neighborhood, modern, sustainable design meets luxe amenities and a vibrant community. Xavier's LEED Gold certified tower features unique studio, one- and two-bedroom apartment homes for the pet-loving, view-indulging, patio-dwelling, green-living Chicagoan. Taking a tour through the halls and our shared spaces, you'll find one-of-a-kind and

  Xavier

  

  625 W Division St, Chicago, IL 60610
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  $1,500 Per Month

  • 2 Beds
  • 1 Bath
  • 1,300 Sq Ft
  • Apartment for Rent

  8010 S Marshfield Ave Unit 1, Chicago, IL 60620

  Huge 2 bedroom 1 bathroom unit with a living room and dining room. This unit has hardwood floors throughout and enclosed back porch for extra storage. Ready for immediate availability.

  

  Brandice Hampton

  Baird & Warner

  8010 S Marshfield Ave Unit 1, Chicago, IL 60620
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  Starting at $2,735 Per Month

  • Studio - 3 Beds

  1210 S Indiana Ave, Chicago, IL 60605

  Everything you need is already home. The city's smartest residence, NEMA Chicago is a 76-story architectural icon located on Grant Park, designed by Rafael Vinoly and David Rockwell, and boasting unprecedented lake, park, and city views. NEMA's 70,000-square-foot collection of amenities is complemented by tech-powered service and bespoke lifestyle programming, offering a full calendar of

  NEMA Chicago

  

  1210 S Indiana Ave, Chicago, IL 60605
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  $2,650 Per Month

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

  1500 N Western Ave Unit 2R, Chicago, IL 60622

  Available now - Step into this beautifully gut-renovated 1 bed, 1 bath apartment where modern design meets everyday comfort. The brand-new open concept kitchen features sleek stainless steel appliances, quartz countertops, ample cabinetry, and an eat-at peninsula perfect for dining or entertaining. The spa like bathroom is thoughtfully upgraded with a double vanity, an oversized walk-in shower,

  

  Mia Huth

  @properties Christie's International Real Estate

  1500 N Western Ave Unit 2R, Chicago, IL 60622
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  Starting at $1,896 Per Month

  • Studio - 4 Beds

  1140 N Wells St, Chicago, IL 60610

  Onni proudly presents Old Town Park, a modern 32-story tower with stylish residences inspired by the neighborhood. From studios to 3-bedrooms, these sophisticated apartments in Chicago's Old Town feature thoughtful floorplans, condo-level finishes and expansive city views. With unparalleled amenities and innovative services, Old Town Park offers the best of everything.

  ONE Old Town Park

  

  1140 N Wells St, Chicago, IL 60610
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  $2,500 Per Month

  • 1 Bed
  • 1 Bath
  • 725 Sq Ft
  • Condo for Rent

  300 N State St Unit 2834, Chicago, IL 60654

  Updated 1 Bedroom on the 28th floor of Marina Tower's East Tower. Enjoy private views of the River, Lake and City from your South Facing 1bed/1bath condo. Spacious living room and bedroom with floor to ceiling windows leading to their own private balcony. Updated Kitchen with granite countertop and dishwasher. Basic CABLE and INTERNET included in rent. Easy access to the CTA Bus and Red Line. A

  

  Nick Framularo

  RE/MAX Premier

  300 N State St Unit 2834, Chicago, IL 60654
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  Starting at $1,410 Per Month

  • Studio - 3 Beds

  5200 N Sheridan Rd, Chicago, IL 60640

  At Edison Apartments in Chicago, we believe in being close to everything and having it all. Uptown and downtown; form and function; contemporary and nostalgic. We want the beach, the train, the bus, and the dim sum. We show up, show out, and then, we go home to The Edison Apartments. Now, we invite you to join us. Ask about our Vintage & Renovated Studio & One Bedroom Apartments in Chicago!

  The Edison

  

  5200 N Sheridan Rd, Chicago, IL 60640
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  $7,500 Per Month

  • 3 Beds
  • 2 Baths
  • Apartment for Rent

  1901 N Halsted St Unit 2C, Chicago, IL 60614

  Stunning new construction 3-bedroom, 2-bath condo-quality unit in an elevator building. Bright, open floor plan with hardwood floors throughout. The designer kitchen features quartz countertops, premium stainless steel appliances, and a separate wet bar. Spacious bedrooms with walk-in closets, including a primary suite that easily accommodates a king-size bed. In-unit washer and dryer. Enjoy two

  

  Thomas Gibbons

  FairGreen Real Estate LLC

  1901 N Halsted St Unit 2C, Chicago, IL 60614
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  Starting at $2,109 Per Month

  • Studio - 3 Beds

  175 N Harbor Dr, Chicago, IL 60601

  Located in Lakeshore East, North Harbor Tower's desirable location places the city at your doorstep. Our 360 degree views of Chicago, Lake Michigan and access to all the Near East Side action will provide you with the ultimate Chicago experience. Come home every day to a studio, convertible 1-bedroom, 2-bedroom, or 3-bedroom apartment floor plan with modern custom design, stunning airy bay

  North Harbor Tower

  

  175 N Harbor Dr, Chicago, IL 60601
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  $1,500 Per Month

  • 1 Bed
  • 1 Bath
  • 3,494 Sq Ft
  • Apartment for Rent

  3029 N Austin Ave Unit 2F, Chicago, IL 60634

  Freshly rehabbed 1 bed 1 bath unit for rent in Belmont Cragin neighborhood of Chicago. Step into this brand new feeling, beautifully updated 2nd-floor unit, offering a bright and open living space with separate living & dining rooms. The freshly painted unit features refinished hardwood floors, remodeled kitchen and bath, new windows and appliances. Easy street parking. COIN Laundry located in

  

  Angel Rosales

  PROSALES REALTY

  3029 N Austin Ave Unit 2F, Chicago, IL 60634
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  Starting at $2,242 Per Month

  • Studio - 2 Beds

  169 W Huron St, Chicago, IL 60654

  Up to ½ month free on select units!

  Marlowe

  

  169 W Huron St, Chicago, IL 60654
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  $2,350 Per Month

  • 2 Beds
  • 1 Bath
  • 1,136 Sq Ft
  • Apartment for Rent

  6302 W Holbrook St Unit 1, Chicago, IL 60646

  Welcome to 6302 W. Holbrook Ave in Norwood Park, where comfort, flexibility, and everyday convenience come together in a spacious 2 bedroom, 1 bath rental. The home offers a separate living room for relaxing, a dedicated dining room for meals or hosting, and a modern kitchen with an island that adds prep space, seating potential, and everyday function. A walk-in pantry provides excellent storage,

  

  Hugo Araujo

  Coldwell Banker Realty

  6302 W Holbrook St Unit 1, Chicago, IL 60646
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  Starting at $1,350 Per Month

  • Studio - 1 Bed

  1049 W Lawrence Ave, Chicago, IL 60640

  Chicago's hottest new LOFT apartments! Close to CTA red line and Lakefront, Aragon, Green Mill, Riviera, Baton, Black Ensemble Theater, new Double Door and Timeline Theatres, Chicago Market Food Cooperative, Argyle restaurants, Andersonville and North Halsted. In the beautiful Uptown Square Historic District. Rooftop deck, private park, dog run, gym, high speed internet, elevators, indoor bike

  Lawrence Lofts

  1049 W Lawrence Ave, Chicago, IL 60640
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  $1,500 Per Month

  • 1 Bed
  • 1 Bath
  • Apartment for Rent

  3145 S May St Unit 1F, Chicago, IL 60608

  Spacious and well-maintained 1-bedroom, 1-bath apartment available on a quiet tree-lined street in the desirable Bridgeport neighborhood. This charming unit offers a comfortable living space in a convenient location close to everyday essentials. Enjoy easy access to a nearby grocery store, local dining, and two city parks within walking distance. On-site laundry facilities add everyday

  

  Jeanne Keating

  Compass

  3145 S May St Unit 1F, Chicago, IL 60608
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  Starting at $4,430 Per Month

  • 2 Beds

  450-454 W Belmont Ave, Chicago, IL 60657

  Live Four50 is located at 450 W Belmont Ave Chicago, IL and is managed by CA VENTURES, LLC, a reputable property management company with verified listings on RENTCafe. Live Four50 offers Studio to 3 bedroom apartments ranging in size from 464 to 4185 sq.ft. This rental community is pet friendly, welcoming both cats and dogs. Property is located in the 60657 ZIP code. For more details, contact our

  Four50 Residences

  

  450-454 W Belmont Ave, Chicago, IL 60657
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  $2,500 Per Month

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

  6620 W Devon Ave Unit 2, Chicago, IL 60631

  Beautiful like new apartment on Northwest Side of Chicago in very convenient location. Walk to parks, shops and SuperDawg! This apartment is in a building that has everything new- including Windows, Roof, pipes, Electric and more. You will be the first tenant in this unit since it was completely redone. The rental features in unit full size laundry machines, gorgeous kitchen and bath, refinished

  

  Michael Stangel

  @properties Christie's International Real Estate

  6620 W Devon Ave Unit 2, Chicago, IL 60631
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  Starting at $2,300 Per Month

  • Studio - 1 Bed

  21 E Chestnut St, Chicago, IL 60611

  Welcome to 21 E. Chestnut, under new management by Golub & Company, and your home in the heart of Chicago. Our apartments offer a perfect balance of comfort and sophistication, allowing you to embrace the rich culture of the Gold Coast neighborhood. With top-notch amenities, convenient services, and a prime location, you can enjoy all the urban conveniences without sacrificing your peace and

  21 E Chestnut

  

  21 E Chestnut St, Chicago, IL 60611
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  $2,500 Per Month

  • 1 Bed
  • 1 Bath
  • 725 Sq Ft
  • Condo for Rent

  300 N State St Unit 5903, Chicago, IL 60654

  Amazing 1 Bed in the West Tower Available Now for Rent. Enjoy private views of the River, Lake and City from your North and West Facing 1bed/1bath condo. Spacious living room and bedroom with floor to ceiling windows leading to their own private balcony. Updated Kitchen with dishwasher. Updated bathroom with walk-in closet. Basic CABLE and INTERNET included in rent. Valet Parking Available for an

  

  Nick Framularo

  RE/MAX Premier

  300 N State St Unit 5903, Chicago, IL 60654

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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 $2,350 per month, though prices vary by neighborhood, size, and property type. As of August 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 $94,000 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 $2,350 per month in Chicago, IL, renters typically need to show $7,050 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 13.8, 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 Brighton Park, Little Village, McKinley Park, Heart of Chicago and Bridgeport, each with its own character and price range.

Rental Trends in Chicago, IL

There are currently 7,931 homes available for rent in Chicago, IL. The median rent is $2,350 per month, with single-family homes renting at $2,150, townhouses at $2,950 and condos at $2,300.

Rental Home Trends

Number of Homes for Rent 7,931	Median Rent $2,350
Median Single Family Home Rent $2,150	Median Townhouse Rent $2,950
Median Condo Rent $2,300