Luxury Apartments for Rent in Chicago, IL
1,835 Rentals Available

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Looking for a top of the line, luxury apartment near you to move in to? Are you interested in having all new appliances, on site amenities, a gym, a pool, and private parking? Take a look at our high-end listings and search for the apartment that provides all that you need to feel at home using filters for top community and apartment amenities. On RentCafe you can find the luxury apartment you are looking for whether it's near you, in a specific neighborhood or ZIP code, or in the best area in town.

RentCafe can help you find the best luxury apartment for you by allowing you to compare location, size and price. May it be near where you live now or anywhere in the U.S. that you want to move to, let's help you choose the perfect apartment.

Frequently Asked Questions

What is the price of a luxury apartment in Chicago, IL?

The price range is between $819 and $26,709. Find luxury apartments in Chicago, IL.

How many luxury rentals are available in Chicago, IL on RentCafe?

There are 2045 luxury rentals available on RentCafe. Prices and availability in Chicago, IL were last updated on 6 Jul 2022.

What is the average size of a luxury apartment in Chicago, IL?

The average Chicago, IL luxury apartment size is 727 sq. ft.

What are the advantages of renting a luxury apartment in Chicago, IL?

Renting a luxury apartment in Chicago, IL comes with many amenities, more space and central locations.

What are the downsides of renting a luxury apartment in Chicago, IL?

Luxury apartments tend to be more expensive and have higher utility bills. You might be interested in studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, or browse all RentCafe apartments for rent in Chicago, IL.

Chicago, IL Demographics

Total Population2,699,347
Female 1,310,878

Male 1,388,469
Median Age34.8

The population in Chicago, IL reached 2,699,347, as of the most recent Census survey. Of the total population, 1,310,878 are men and 1,388,469 are women. The residents of Chicago have a median age of 34.8.

Average Rent in Chicago, IL

Chicago, IL Average Rental Price, February 2022 $2,080 ^/mo

Apartment rentals in Chicago, IL have an average monthly rent of $2,080.

Chicago, IL Apartment Rent Ranges

22% of apartment in Chicago, IL cost between $1,001-$1,500. Rentals priced between $1,501-$2,000 represent 25% of apartments. Approximately 9% of Chicago’s apartments cost in the $701-$1,000 price range. 1% of rental apartments are priced between $501-$700.

Chicago, IL Rent Trends

Average Rent	Nov / 2018	Mar / 2019	Jul / 2019	Nov / 2019	Mar / 2020	Jul / 2020	Nov / 2020	Mar / 2021	Jul / 2021	Nov / 2021	Feb / 2022
Chicago, IL	$1,897	$1,910	$1,998	$1,950	$1,967	$1,918	$1,794	$1,862	$2,033	$2,091	$2,080
National	$1,362	$1,367	$1,399	$1,407	$1,409	$1,399	$1,403	$1,412	$1,495	$1,591	$1,628

The average rent in the U.S. is $1,628 per month. The average rent in Chicago, IL is $2,080 per month.

Check out the average rent prices in Chicago by neighborhood.

Chicago, IL Households

Total Number of Households1,081,143
Family 565,754

Non-family 515,389
Children 274,229

No Children 806,914

Average People Per Household2.44
Median Household Income$62,097
Median Housing Costs Per Month$1,282

The population of Chicago, IL compiles 1,081,143 total households. Per the most recent Census data, there are 565,754 family households and 515,389 non-family households in the city. Out of the total households, 274,229 have children and 806,914 do not. The average number of people in a household in Chicago, IL is 2.44. The median yearly income is $62,097 per household, with $1,282 in estimated monthly costs for housing.

Chicago, IL Education Statistics

In Chicago, IL 6% of residents have no high school education and 30% completed high school, per U.S. Census Bureau estimates. Additionally, 20% of the population completed some college credits, 5% completed an Associate Degree, 23% completed a Bachelor Degree, while 15% completed Grad School.

Old Town Park $2,199 - $26,709
Oglesby Towers Apartments $819 - $6,443

Renting a luxury apartment in Chicago, IL

You too can live in the lap of luxury! If you’re looking for the best apartments in Chicago, IL, RentCafe offers you 1,829 high rise apartments to choose from in 282 modern buildings. The average size for a luxury apartment is about 1,303 Sq.Ft., but it doesn’t really matter what you’re looking for: luxury studio apartments, large apartments and even luxury townhomes - you name it! You’re sure to find the home of your dreams in the best locations in town, listed for up to $26,709. The average rent for a luxury apartment is about $6,775, but if you are looking for more affordable housing, you can also find cheap luxury apartments that offer the same elegance and comfort that high-end units do, with monthly rents starting at $1,015.

High rise apartments in Chicago, IL – luxury, convenience and security

You can’t go wrong with a luxury apartment. They are some of the best apartments to live in and they offer many more advantages than meets the eye. These properties bring convenience to the table. Fitness centers, resort style pools and even business centers are now a common sight in most apartment complexes. Many of the units are already exquisitely furnished, so you don’t have to waste any time decorating. Sure, these apartments come with top-of- the-line amenities and great interiors, but most importantly, you get a sense of community. They are an oasis of comfort and tranquility that you and your family can enjoy. So, whether you want to socialize with your welcoming neighbors, or enjoy some peace and quiet in your own home, a luxury complex gives you the choice to do whatever you want. It’s also good to know that luxury communities usually have security gates which keep potential intruders away. In addition, many Chicago, IL apartment complexes offer security systems in each unit, so your family and your home will always be safe.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!

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Luxury Apartments for Rent in Chicago, IL 1,835 Rentals Available

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