• Chicago rents decreased by 0.1 percent month-over-month in September, but they're still up by 1.3 percent over last year.
  • Within the Chicago metro, Oak Park took the cake as the most expensive city for renters in September.
  • As the most expensive Chicago neighborhood to rent in last month, River North median prices were at an eye-popping $3,210 for a two-bedroom.

Apartment List recently released its latest rent report for Chicago, finding the Windy City’s rent prices decreased by 0.1 percent from August to September.

Chicago rents up over last year

chicago-line

Chicago rents decreased by 0.1 percent month-over-month in September, but they’re still up by 1.3 percent over last year. Median rent prices in Chicago were at $1,700 for a two-bedroom and $1,420 for a one-bedroom apartment in September.

Most expensive city in the metro

chicago-cities-bar

Within the Chicago metro, Oak Park took the cake as the most expensive city for renters in September. A two-bedroom apartment in Oak Park costed $1,880 to rent, while a one-bedroom was $1,210. Second most expensive for renters was Evanston, with two-bedroom apartments renting for $1,800.

Most expensive neighborhood in the city

chicago-neighborhoods-bar

As the most expensive Chicago neighborhood to rent in last month, River North median prices were at an eye-popping $3,210 for a two-bedroom and $2,180 for a one-bedroom. Lakeview was Chicago’s second most expensive neighborhood for renters, at $1,900 for a two-bedroom.

 

Yuki Graviet Knapp is a Content Marketing Associate with the Growth Team at Apartment List and is a resident of the Bay Area.

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription
×