Apartments for Rent in Chicago, IL

Prices and availability in Chicago, IL were last updated on 12 Nov 2026.

The best apartments in Chicago, IL are: Shoreham and Tides, North Harbor Tower, Presidential Towers, The Montrose and The Elle Apartments.

The average rent in Chicago, IL is $2,331.

The price range for a studio apartment in Chicago, IL is between $100 and $12,825.

The price range for a 1-bedroom apartment in Chicago, IL is between $800 and $11,140.

The price range for a 2-bedroom apartment in Chicago, IL is between $700 and $19,846.

The price range for a 3-bedroom apartment in Chicago, IL is between $850 and $52,547.

In Chicago, 54% of the residents are renting compared to 46% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 27% of Chicago's rentals, 66% are small-scale complexes with under 50 units, and 6% are single-family rentals.

The average age of rental buildings in Chicago is 40 years old, with 45% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 19 stories, of which 22% are garden-style apartment communities, 27% are mid-sized buildings, and 59% are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Studio apartments in Chicago are around 22% of rentals, while 1-bedroom floor plans represent 51% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 20% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.