Gold Coast, Chicago, IL Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Gold Coast is $2,526, a 5.3% increase compared to the previous year, when the average rent was $2,399.
Studio Apartments at $1,888 offer the most budget-friendly option with 464 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 692 square feet for $2,493, balancing privacy and affordability.
Two-beedroom units at $4,039 offer 1,146 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,745 sq ft) for $4,504, suitable for larger households.
Average rent in Gold Coast, Chicago, IL
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,526 | 691 sq. ft. |
| Studio | $1,888 | 464 sq. ft. |
| 1 Bed | $2,493 | 692 sq. ft. |
| 2 Beds | $4,039 | 1,146 sq. ft. |
| 3 Beds | $4,504 | 1,745 sq. ft. |
Gold Coast, Chicago, IL rent trends
Rental prices in Gold Coast, Chicago, IL have increased by 5.3% over the past year. The average rent moved from $2,399 to $2,526.
What's the typical rent budget in Gold Coast, Chicago, IL?
The largest share of rentals in Gold Coast, Chicago, IL (30%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Gold Coast, Chicago, IL?
3,319 or 62% of the households in Gold Coast, Chicago, IL are renter-occupied while 2,039 or 38% are owner-occupied.
Most affordable neighborhoods in Gold Coast?
Austin $1,046/month
Jackson Park Highlands $1,105/month
Washington Park $1,227/month
All of these neighborhoods fall below the city wide average of $2,461/month.Most expensive neighborhoods in Gold Coast?
River North $3,349/month
Wrightwood $3,530/month
Sheffield $3,749/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Chicago, IL By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Sheffield | $3,749 |
| Wrightwood | $3,530 |
| River North | $3,349 |
| Downtown Chicago | $3,329 |
| Greektown | $3,315 |
| Fulton Market | $3,289 |
| Streeterville | $3,258 |
| Old Town Triangle | $3,105 |
| Bucktown | $3,074 |
| Near East Side Chicago | $3,038 |
| River West | $3,028 |
| Near West Side | $3,018 |
| Goose Island | $2,977 |
| Old Town Chicago | $2,975 |
| Wicker Park | $2,964 |
| Chicago Loop | $2,947 |
| Fulton River District | $2,916 |
| East Village | $2,846 |
| Near North Side Chicago | $2,845 |
| Humboldt Park | $2,825 |
| South Loop | $2,792 |
| Tri-Taylor | $2,667 |
| Printer's Row | $2,531 |
| Gold Coast | $2,526 |
| Cabrini - Green | $2,519 |
| Lincoln Park | $2,338 |
| Logan Square | $2,280 |
| West Loop | $2,267 |
| Little Italy | $2,230 |
| Lakeview | $2,165 |
| Ravenswood | $2,081 |
| Palmer Square | $2,042 |
| East Hyde Park | $2,003 |
| Clarendon Park | $1,970 |
| Andersonville | $1,949 |
| Kenwood | $1,886 |
| Stateway Gardens | $1,869 |
| Hyde Park | $1,815 |
| Park West | $1,801 |
| Uptown Chicago | $1,801 |
| Buena Park | $1,737 |
| Oakland | $1,690 |
| Woodlawn | $1,638 |
| Margate Park | $1,614 |
| Bronzeville | $1,608 |
| Bryn Mawr Historic District | $1,569 |
| West Rogers Park | $1,536 |
| North Kenwood | $1,535 |
| Rogers Park | $1,516 |
| East Garfield Park | $1,481 |
| Edgewater Beach | $1,457 |
| Englewood | $1,428 |
| Sheridan Park | $1,369 |
| Jefferson Park | $1,345 |
| Edgewater | $1,322 |
| South Shore | $1,305 |
| Budlong Woods | $1,277 |
| Washington Park | $1,227 |
| Jackson Park Highlands | $1,105 |
| Austin | $1,046 |
Chicago | Rent Comparison by Neighborhood
Rent in Gold Coast is 30% higher than in Andersonville
Gold Coast rent is the same as Chicago average
Andersonville rent is 23% lower than Chicago average
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Gold Coast apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.