What is the average apartment size in Old Town Chicago, Chicago, Cook County, IL?

The average size for a Old Town Chicago, Chicago, Cook County, IL apartment is 805 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Old Town Chicago?

As of Mar / 2026, the average rent in Old Town Chicago is $3,114 per month, a 9.83% increase from last years average of $2,835.

How much does rent cost by apartment size in Old Town Chicago?

In Old Town Chicago, studios rent for $2,521 per month, one-bedroom units average $2,897 per month, two-bedrooms cost around $3,898 per month.

What is the average apartment size in Old Town Chicago?

The typical apartment in Old Town Chicago offers about 805 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

How large are apartments by bedroom count in Old Town Chicago?

Studio apartments in Old Town Chicago average 663 sq. ft., one-bedrooms offer 711 sq. ft., two-bedrooms are about 1,105 sq. ft.

Old Town Chicago, Chicago, Cook County, IL Rental Market Trends

Q: What's the typical rent budget in Old Town Chicago?

The typical rent budget in Old Town Chicago ranges from $3,000 to per month, with 43% of rentals in this range.

Q: Do most people rent or own in Old Town Chicago?

In Old Town Chicago, 66% of households rent while 34% own their homes, based on the latest U.S. Census data.

Last updated: April 22, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Old Town Chicago is $3,114, a 9.83% increase compared to the previous year, when the average rent was $2,835.

Studio Apartments at $2,521 offer the most budget-friendly option with 663 square feet, ideal for single renters prioritizing location over space.

One-bedroom apartments provide 711 square feet for $2,897, balancing privacy and affordability.

Two-beedroom units at $3,898 offer 1,105 square feet, perfect for roommates or small families.

Average rent in Old Town Chicago, Chicago, Cook County, IL

Last updated: April 22, 2026

	Average Rent	Average Apartment Size
All Rentals	$3,114	805 sq. ft.
Studio	$2,521	663 sq. ft.
1 Bed	$2,897	711 sq. ft.
2 Beds	$3,898	1,105 sq. ft.
3 Beds	n/a	n/a

Old Town Chicago, Chicago, Cook County, IL rent trends

Rental prices in Old Town Chicago, Chicago, Cook County, IL have increased by 9.83% over the past year. The average rent moved from $2,835 to $3,114.

What's the typical rent budget in Old Town Chicago, Chicago, Cook County, IL?

The largest share of rentals in Old Town Chicago, Chicago, Cook County, IL (43%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Old Town Chicago, Chicago, Cook County, IL?

3,390 or 66% of the households in Old Town Chicago, Chicago, Cook County, IL are renter-occupied while 1,767 or 34% are owner-occupied.

Most affordable neighborhoods in Old Town Chicago?

Austin $1,107/month

Washington Park $1,212/month

Englewood $1,307/month

All of these neighborhoods fall below the city wide average of $2,471/month.

Most expensive neighborhoods in Old Town Chicago?

Greektown $3,370/month

Wrightwood $3,738/month

Sheffield $3,837/month

These neighborhoods typically command higher rents due to location, amenities, and demand.

Average Rent in Chicago, IL By Neighborhood

Neighborhood	Average Rent
Sheffield	$3,837
Wrightwood	$3,738
Greektown	$3,370
River North	$3,368
Fulton Market	$3,331
Streeterville	$3,254
Near East Side Chicago	$3,121
Old Town Chicago	$3,114
Goose Island	$3,085
Downtown Chicago	$3,066
Bucktown	$3,040
Old Town Triangle	$3,027
Near West Side	$2,999
River West	$2,994
Chicago Loop	$2,981
Wicker Park	$2,955
Fulton River District	$2,935
Near North Side Chicago	$2,928
Humboldt Park	$2,791
East Village	$2,760
South Loop	$2,727
Tri-Taylor	$2,639
Gold Coast	$2,602
Printer's Row	$2,465
Cabrini - Green	$2,461
Lincoln Park	$2,375
West Loop	$2,362
Little Italy	$2,236
Logan Square	$2,223
Lakeview	$2,199
Ravenswood	$2,111
East Hyde Park	$2,034
Andersonville	$2,015
Palmer Square	$2,009
Oakland	$1,962
Clarendon Park	$1,955
Kenwood	$1,926
Stateway Gardens	$1,887
Park West	$1,887
Hyde Park	$1,800
Uptown Chicago	$1,746
Buena Park	$1,706
Bronzeville	$1,603
Margate Park	$1,592
Bryn Mawr Historic District	$1,570
North Kenwood	$1,512
Rogers Park	$1,506
West Rogers Park	$1,500
Woodlawn	$1,478
East Garfield Park	$1,443
Edgewater Beach	$1,418
South Shore	$1,355
Jefferson Park	$1,345
Edgewater	$1,326
Sheridan Park	$1,323
Douglas Park	$1,309
Englewood	$1,307
Washington Park	$1,212
Austin	$1,107

Chicago | Rent Comparison by Neighborhood

Rent in Old Town Chicago is 55% higher than in Andersonville

$3,114

Old Town Chicago rent is the same as Chicago average

Average Rent $3,114

$2,015

Andersonville rent is 35% lower than Chicago average

Average Rent $2,015

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 Old Town Chicago 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.