| 1 BED | Ask for Pricing |
| 2 BEDS | $1,830 |
| 3 BEDS | $2,167 |
| 2 BEDS | Ask for Pricing |
| 3 BEDS | Ask for Pricing |
| 2 BEDS | Ask for Pricing |
| 3 BEDS | Ask for Pricing |
| 1 BED | Ask for Pricing |
| 2 BEDS | Ask for Pricing |
| 2 BEDS | Ask for Pricing |
| 3 BEDS | Ask for Pricing |
| 1 BED | $2,150 |
| STUDIO | Ask for Pricing |
| 1 BED | Ask for Pricing |
| STUDIO | Ask for Pricing |
| 1 BED | Ask for Pricing |
| 2 BEDS | Ask for Pricing |
| 1 BED | Ask for Pricing |
| 2 BEDS | Ask for Pricing |
Rental prices in Palmer Square, Chicago, IL have decreased by 8.65% over the past year. The average rent moved from $2,114 to $1,931.
Check out the average rent in Chicago.
The national average price of rental apartments is $1,743, while the average monthly rent in Palmer Square, Chicago, IL is $1,931.
The average monthly rent for an apartment in Palmer Square, Chicago, IL is around $1,931.
A share of 78% of apartments in Palmer Square, Chicago, IL have the cheapest rents between $1,501-$2,000. Around 18% of Palmer Square's apartments have monthly rents between $2,001-$2,500. There are 3% of apartments with rents between $2,501-$3,000.
The largest share of rentals in Palmer Square, Chicago, IL (78%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Prices and availability in Palmer Square, Chicago, IL were last updated on 27 Nov 2025.
The best apartments in Palmer Square, Chicago, IL are: Lorington Apartments, 2733 W Belden Ave, Unit 207 and 2733 W Belden Ave, Unit 609.
The average rent in Palmer Square, Chicago, IL is $2,168.
The price range for a 1-bedroom apartment in Palmer Square, Chicago, IL is between $1,830 and $2,295.
In Palmer Square 62% of the housing is rented out compared to 38% of homes are owned, according to the most recent Census Bureau estimates. 10% of Palmer Square’s apartments are found in large buildings of 50 units or more, 87% are located in smaller apartment complexes with less than 50 units, and 3% are single-family rentals.
In total, Palmer Square, Chicago, IL has 85,589 residents, 43,757 women and 41,832 men, per U.S. Census recent estimates. Statistics show that the median age of Palmer Square’s population is 32.
There is a total of 38,440 households in Palmer Square, Chicago, IL. Of these, 7,771 have children and 30,669 are without children. Per Census Bureau’s most current estimates, 16,733 family households and 21,707 non-family households live in this area. The size of a household in Palmer Square is 2 people, on average. The median household annual income in Palmer Square equals $102,851, and the monthly housing costs equal $1,947.
According to data from the U.S. Census Bureau, 5% of the population in Palmer Square, Chicago, IL have no high school education, 19% went to high-school, and 12% have partially completed college. Moreover, 5% of the population hold an Associate Degree, 37% hold a Bachelor Degree, and 21% hold a Graduate Degree.
RentCafe is your one-stop shop for finding a great new apartment in Palmer Square, Chicago, IL. Easily search through a wide selection of apartments for rent in Palmer Square, Chicago, IL, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Palmer Square, Chicago, IL apartments with rents starting from $1,030 and submit your rental application today!
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