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Apartments for Rent in Chicago, IL under $500 – 1 Rentals available

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Chicago, IL Demographics

  • Total Population2,718,555
  • Female 1,320,499
    Male 1,398,056
  • Median Age34.3

Average Rent in Chicago, IL

  • Chicago, IL Average Rental Price, February 2020 $1,943 /mo

Chicago, IL Apartment Rent Ranges

  • $501-$7001%
  • $701-$1,00010%
  • $1,001-$1,50024%
  • $1,501-$2,00024%
  • > $2,00039%

Chicago, IL Rent Trends

Average Rent Nov / 2016 Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Feb / 2020
Chicago, IL $1,767 $1,765 $1,834 $1,811 $1,815 $1,896 $1,897 $1,910 $1,998 $1,950 $1,943
National $1,340 $1,337 $1,368 $1,371 $1,374 $1,408 $1,417 $1,422 $1,458 $1,466 $1,468
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Chicago, IL Households

  • Total Number of Households1,056,118
  • Family 565,621
    Non-family 490,497
  • Children 283,978
    No Children 772,140
  • Average People Per Household2.52
  • Median Household Income$55,198
  • Median Housing Costs Per Month$1,211

Chicago, IL Education Statistics

  • No High School7%
  • Some High School31%
  • Some College20%
  • Associate Degree5%
  • Bachelor Degree22%
  • Graduate Degree14%