Old Town Chicago, Chicago, Cook County, IL Rental Market Trends
What is the average rent in Old Town Chicago?
The average rent for an apartment in Old Town Chicago is $2,572. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Old Town Chicago, Chicago, Cook County, IL
Last updated November 2024
| Average Rent | Average Apartment Size |
|---|---|
| $2,572 | 733 sq. ft. |
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 733 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.
Old Town Chicago, Chicago, Cook County, IL apartment rent ranges
Old Town Chicago, Chicago, Cook County, IL Occupied Housing Units
16,015 or 62% of the households in Old Town Chicago, Chicago, Cook County, IL are renter-occupied while 9,607 or 38% are owner-occupied.
Old Town Chicago, Chicago, Cook County, IL rent trends
Average Rent in Chicago, IL By Neighborhood
| City | Average Rent |
|---|---|
| River North | $3,040 |
| Streeterville | $2,973 |
| River West | $2,964 |
| Near East Side Chicago | $2,911 |
| Dearborn Park | $2,877 |
| Printer's Row | $2,877 |
| Little Italy | $2,866 |
| University Village | $2,866 |
| Near North Side Chicago | $2,848 |
| Fulton River District | $2,813 |
| Chicago Loop | $2,810 |
| Near West Side | $2,772 |
| Gold Coast | $2,764 |
| Fulton Market | $2,737 |
| Greektown | $2,737 |
| West Loop | $2,733 |
| East Village | $2,694 |
| Ukrainian Village | $2,694 |
| Wicker Park | $2,694 |
| Noble Square | $2,623 |
| Goose Island | $2,580 |
| Cabrini - Green | $2,572 |
| Old Town Chicago | $2,572 |
| Downtown Chicago | $2,566 |
| South Loop | $2,561 |
| West Town | $2,440 |
| Chicago Lawn | $2,375 |
| Ford City | $2,375 |
| Lithuanian Plaza | $2,375 |
| Marquette Park | $2,375 |
| West Elsdon | $2,375 |
| West Lawn | $2,375 |
| Bucktown | $2,351 |
| Belmont Heights | $2,310 |
| Belmont Terrace | $2,310 |
| Dunning | $2,310 |
| Irving Woods | $2,310 |
| Montclare | $2,310 |
| O'Hare | $2,310 |
| Portage Park | $2,310 |
| Schorsch Village | $2,310 |
| Belmont Central | $2,306 |
| Belmont Gardens | $2,299 |
| Cragin | $2,299 |
| Galewood | $2,299 |
| Hanson Park | $2,299 |
| Hermosa | $2,299 |
| Kelvin Park | $2,299 |
| Lincoln Park | $2,283 |
| Old Town Triangle | $2,283 |
| Ranch Triangle | $2,283 |
| Sheffield | $2,283 |
| West DePaul | $2,283 |
| Wrightwood | $2,283 |
| Humboldt Park | $2,272 |
| Lathrop | $2,253 |
| Smith Park | $2,212 |
| Logan Square | $2,168 |
| Palmer Square | $2,168 |
| Park West | $2,146 |
| Tri-Taylor | $2,052 |
| Roscoe Village | $2,039 |
| North Lawndale | $2,033 |
| Illinois Medical District | $2,010 |
| Lakeview | $1,969 |
| Wrigleyville | $1,969 |
| East Garfield Park | $1,921 |
| Kenwood | $1,899 |
| Heart of Chicago | $1,847 |
| Heart of Italy | $1,847 |
| Pilsen | $1,847 |
| Bronzeville | $1,829 |
| Buena Park | $1,817 |
| Graceland West | $1,817 |
| South East Ravenswood | $1,817 |
| Douglas Park | $1,816 |
| Little Village | $1,816 |
| North Center | $1,815 |
| Gage Park | $1,764 |
| Big Oaks | $1,760 |
| Oriole Park | $1,760 |
| Schorsch Forest View | $1,760 |
| Union Ridge | $1,760 |
| East Hyde Park | $1,752 |
| Hyde Park | $1,752 |
| Washington Park | $1,752 |
| East Pilsen | $1,701 |
| Armour Square | $1,693 |
| Chinatown | $1,693 |
| Dearborn | $1,693 |
| Groveland Park | $1,693 |
| Lake Meadows | $1,693 |
| Prairie District | $1,693 |
| Prairie Shores | $1,693 |
| South Commons | $1,693 |
| The Gap | $1,693 |
| Bridgeport | $1,689 |
| Arcadia Terrace | $1,686 |
| Hollywood Park | $1,686 |
| Peterson Park | $1,686 |
| Pulaski Park | $1,686 |
| Clarendon Park | $1,670 |
| McKinley Park | $1,649 |
| West Rogers Park | $1,644 |
| Avondale | $1,637 |
| Horner Park | $1,637 |
| Irving Park | $1,637 |
| Jackowo | $1,637 |
| Saint Ben's | $1,637 |
| The Villa | $1,637 |
| Waclawowo | $1,637 |
| Lakewood - Balmoral | $1,586 |
| Margate Park | $1,586 |
| Sheridan Park | $1,586 |
| Uptown Chicago | $1,586 |
| Bowmanville | $1,575 |
| Ravenswood | $1,575 |
| Beverly Woods | $1,554 |
| Kennedy Park | $1,554 |
| Mount Greenwood | $1,554 |
| Mount Greenwood Heights | $1,554 |
| Tally's Corner | $1,554 |
| West Beverly | $1,554 |
| West Morgan Park | $1,554 |
| Andersonville | $1,535 |
| Bryn Mawr Historic District | $1,535 |
| Edgewater Beach | $1,535 |
| North Kenwood | $1,489 |
| Oakland | $1,489 |
| Rogers Park | $1,459 |
| Back of the Yards | $1,446 |
| Canaryville | $1,446 |
| Fuller Park | $1,446 |
| Stateway Gardens | $1,446 |
| Wentworth Gardens | $1,446 |
| Edgewater | $1,422 |
| Edgewater Glen | $1,422 |
| Magnolia Glen | $1,422 |
| West Woodlawn | $1,376 |
| Albany Park | $1,374 |
| Budlong Woods | $1,374 |
| Lincoln Square | $1,374 |
| Ravenswood Gardens | $1,374 |
| Ravenswood Manor | $1,374 |
| North Park | $1,349 |
| Greater Grand Crossing | $1,346 |
| Park Manor | $1,346 |
| Englewood | $1,346 |
| Auburn Gresham | $1,315 |
| Beverly | $1,315 |
| Beverly View | $1,315 |
| Brainerd | $1,315 |
| West Chatham | $1,315 |
| Wrightwood | $1,315 |
| Woodlawn | $1,278 |
| Princeton Park | $1,275 |
| Jackson Park Highlands | $1,201 |
| South Shore | $1,201 |
| Forest Glen | $1,192 |
| Gladstone Park | $1,192 |
| Jefferson Park | $1,192 |
| Mayfair | $1,192 |
| North Mayfair | $1,192 |
| River's Edge | $1,192 |
| Sauganash | $1,192 |
| Sauganash Woods | $1,192 |
| Avalon Park | $1,065 |
| Burnside | $1,065 |
| Calumet Heights | $1,065 |
| Chatham | $1,065 |
| East Chatham | $1,065 |
| Marynook | $1,065 |
| West Chesterfield | $1,065 |
| Cottage Grove Heights | $1,020 |
| Fernwood | $1,020 |
| Longwood Manor | $1,020 |
| Pullman | $1,020 |
| Riverdale | $1,020 |
| Roseland | $1,020 |
| Rosemoor | $1,020 |
| West Pullman | $1,020 |
| Fifth City | $990 |
| Homan Square | $990 |
| West Garfield Park | $990 |
| Austin | $917 |
| The Island | $810 |
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What are the most affordable neighborhoods in Chicago?
The most affordable neighborhoods in Chicago are The Island, where the average rent goes for $810/month, Austin, where renters pay $917/mo on average, and Fifth City, where the average rent goes for $990/mo. If you’re looking for other great deals, check out the listings from Homan Square ($990), West Garfield Park ($990), and Cottage Grove Heights ($1,020), where the asking prices are below the average Chicago rent of $2,331/mo.
What are the most expensive neighborhoods in Chicago?
The most expensive neighborhoods in Chicago are River West ($2,964), Streeterville ($2,973) and River North ($3,040).
What are the most popular neighborhoods in Chicago?
The most popular neighborhood in Chicago is Lakeview, where there are 188 listings with an average rent of $1,969. Next up is Hyde Park, where apartments go for $1,752/month, followed by Ravenswood with $1,575 If you’re looking to rent in Chicago’s most popular neighborhoods, make sure to also check out Rogers Park, where renters pay $1,459 on average, and Bucktown, where the average monthly rent is $2,351.
Chicago | Rent Comparison by Neighborhood
Rent in Old Town Chicago is 87% higher than in Albany Park
$2,572
Old Town Chicago rent is the same as Chicago average
Average Rent
$2,572
$1,374
Albany Park rent is 47% lower than Chicago average
Average Rent
$1,374
How Chicago Compares to Other Cities
| State | Average Rent |
|---|---|
| Chicago | $2,331 |
| Oak Park | $2,185 |
| Evanston | $2,503 |
| Skokie | $2,005 |
| Champaign | $1,619 |
| Naperville | $1,993 |
| Dekalb | $1,027 |
| Aurora | $1,800 |
| Lisle | $1,764 |
| Carbondale | $1,051 |
| Lombard | $2,008 |
| Riverdale | $1,002 |
| La Grange | $1,965 |
| Justice | $1,339 |
| Oak Lawn | $1,409 |
| Countryside | $1,965 |
| Evergreen Park | $1,400 |
| Palos Hills | $1,351 |
| Burbank | $1,536 |
| Forest Park | $1,336 |
| Harwood Heights | $1,453 |
Most Popular Apartments in Chicago
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7251 At Waters Edge Apartment Homes
7251 S. South Shore Drive, Chicago, IL 60649| STUDIO | $1,225 |
| 1 BED | $1,175+ |
| 2+ BEDS | N/A |
The Elle Apartments
801 S Financial Pl, Chicago, IL 60605| STUDIO | $1,835+ |
| 1 BED | $2,030+ |
| 2+ BEDS | $3,144+ |
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River North Park Apartments
320 W Illinois St., Chicago, IL 60654| STUDIO | $1,710+ |
| 1 BED | $2,175+ |
| 2 BEDS | $3,330+ |
North Harbor Tower
175 N Harbor Drive, Chicago, IL 60601| STUDIO | $1,815+ |
| 1 BED | $2,315+ |
| 2+ BEDS | $3,005+ |
Shoreham And Tides
360 East South Water Street, Chicago, IL 60601| STUDIO | N/A |
| 1 BED | $2,231+ |
| 2 BEDS | $3,545+ |