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&cropxunits=300&cropyunits=200&width=480&quality=90 "1641-45 W Waveland Ave")
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Prices and availability in Chicago, IL were last updated on 25 Sep 2026.
The best apartments in Chicago, IL are: Shoreham and Tides, The Montrose, Presidential Towers, North Harbor Tower 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 $12,071.
The price range for a 1-bedroom apartment in Chicago, IL is between $750 and $11,813.
The price range for a 2-bedroom apartment in Chicago, IL is between $750 and $19,846.
The price range for a 3-bedroom apartment in Chicago, IL is between $750 and $46,226.
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.
