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Luxury Apartments for Rent in Downtown Chicago, Chicago, IL

220 Rentals Available
  • a living room and kitchen with a couch and a table
    136
    Today

    1130 South Michigan Avenue, CHICAGO, IL 60605
    STUDIO $1,731+
    1 BED $2,194+
    2 BEDS $3,593+
  • a living room with couches and a coffee table in front of a large window
    15
    Today

    808 S Michigan Ave, Chicago, IL 60605
    STUDIO $2,325+
    1 BED $2,696+
    2 BEDS $3,853+
  • A living room with a grey sofa, a round orange cushion, a round wooden table with a chair and a rug with a chevron pattern.
    192
    Today

    1212 S Michigan Ave, Chicago, IL 60605
    STUDIO $1,770+
    1 BED $1,991+
    2 BEDS $2,927+

  • More Rentals Near Downtown Chicago, Chicago, IL

  • a living room with a couch and a coffee table
    180
    Today

    360 East South Water Street, Chicago, IL 60601
    STUDIO $2,480+
    1 BED $2,449+
    2 BEDS $3,490+
  • a living room with a couch and a table and a large window
    156
    Today

    801 S Financial Pl, Chicago, IL 60605
    STUDIO $2,125+
    1 BED $2,300+
    2 BEDS $3,314+
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  • a living room with a couch and a round table
    100
    Today

    175 N Harbor Drive, Chicago, IL 60601
    STUDIO $2,210+
    1 BED $2,395+
    2 BEDS $3,760+
  • the living room of an apartment with a couch and a table
    374
    Today

    555 West Madison, Chicago, IL 60661
    STUDIO $1,580+
    1 BED $1,795+
    2 BEDS $2,775+
  • a living room with a view of a city and a table and chairs
    182
    Today

    1333 S Wabash, Chicago, IL 60605
    1 BED $2,293+
    2 BEDS $3,291+
    3 BEDS Ask for Pricing
  • A brown leather couch is in the foreground of a modern kitchen and living room.
    111
    Today

    1001 South State Street, Chicago, IL 60605
    STUDIO $2,098+
    1 BED $2,547+
    2 BEDS $3,506+
  • a living room with a couch and a kitchen with a table
    121
    Today

    1545 S State St, Chicago, IL 60605
    1 BED $2,165+
    2 BEDS $2,788+
    3 BEDS $3,299+
  • a living room with a couch and a table with chairs
    103
    Today

    717 S. Clark St., Chicago, IL 60605
    STUDIO $2,168+
    1 BED Ask for Pricing
    2 BEDS $3,115+
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  • a living room with a view of a city and a couch and tables
    73
    Today

    730 South Clark Street, Chicago, IL 60605
    1 BED $2,382+
    2 BEDS $3,056+
  • a kitchen with a counter and a living room with a couch
    28
    Today

    343 S. Dearborn Street, Chicago, IL 60604
    STUDIO $1,775
    1 BED $1,750
    2 BEDS $2,360+
  • A tall building with many windows is in the middle of a city street.
    1 day ago

    161 W Harrison Street #1106-08, Chicago, IL 60605
    3 BEDS $6,000
  • a living room with a couch and a table and a ceiling fan
    197
    Today

    651 S. Wells St., Chicago, IL 60607
    1 BED $1,864+
    2 BEDS Ask for Pricing
    3 BEDS $2,727+
  • a living room with a couch and a coffee table
    19
    Today

    221 W Harrison St, Chicago, IL 60607
    STUDIO $1,931+
    1 BED $2,363+
    2 BEDS $3,471+
  • a living room with a table and chairs and a large window
    143
    Today

    233 East Wacker Drive, Chicago, IL 60601
    STUDIO $1,786+
    1 BED $2,096+
    2 BEDS $3,590+
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  • A modern kitchen with a stainless steel refrigerator and grey cabinets.
    40
    Today

    710 W. 14Th St., Chicago, IL 60607
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • the kitchen and living room of an industrial loft with a kitchen island and dining table
    70
    Today

    445 E. Illinois, Chicago, IL 60611
    STUDIO $2,095+
    1 BED $2,640+
    2 BEDS $5,170+
  • a living room with a couch and a tv and a view of the city
    21
    Today

    220 E. Illinois Street, Chicago, IL 60611
    STUDIO $2,490+
    1 BED $2,981+
    2 BEDS $4,666+
  • a living room with a red rug and a couch in front of a large window
    Today

    423 E Ohio Street, Chicago, IL 60611
    1 BED $2,970+
    2 BEDS $3,950+
  • A living room with a brown sofa and a black chair.
    70
    Today

    445 East Ohio Street, Chicago, IL 60611
    STUDIO $1,995
    1 BED $1,895+
    2 BEDS $3,305+
  • a living room with a couch and a coffee table
    58
    Today

    808 W. Van Buren, Chicago, IL 60607
    1 BED $2,247+
    2 BEDS $3,184+
  • a living room with a couch and a table
    25
    Today

    540 N. STATE STREET, CHICAGO, IL 60654
    STUDIO $2,430+
    1 BED $2,677+
    2 BEDS $3,699+
  • a living room with two chairs and a fireplace
    7
    Today

    221 W Hubbard Street, Chicago, IL 60654
    STUDIO $2,209+
    1 BED $2,855+
    2 BEDS $3,812+
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Downtown Chicago, Chicago, IL rent trends

Rental prices in Downtown Chicago, Chicago, IL have increased by 4.59% over the past year. The average rent moved from $3,019 to $3,157.

Check out the average rent in Chicago.

The national average price of rental apartments is $1,743, while the average monthly rent in Downtown Chicago, Chicago, IL is $3,157.

Average rent in Downtown Chicago, Chicago, IL

$3,157/mo Downtown Chicago, Chicago, IL average rental price, October 2025
Image Average Rent

The average monthly rent for an apartment in Downtown Chicago, Chicago, IL is around $3,157.

    What's the typical rent budget in Downtown Chicago, Chicago, IL?

    A share of 10% of apartments in Downtown Chicago, Chicago, IL have the cheapest rents between $1,501-$2,000. Around 32% of rentals are > $3,000. Around 39% of Downtown Chicago's apartments have monthly rents between $2,001-$2,500. There are 19% of apartments with rents between $2,501-$3,000.

    The largest share of rentals in Downtown Chicago, Chicago, IL (39%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in Downtown Chicago, IL

    71 /100
    Very Walkable
    90 /100
    Rider's Paradise
    92 /100
    Biker's Paradise
    Walk Score®: 71, Transit Score®: 90, Bike Score®: 92

    Frequently asked questions

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

    The price range is between $1,826 and $10,902.

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

    There are 25 luxury rentals available on RentCafe. Prices and availability in Downtown Chicago, Chicago, IL were last updated on 20 Nov 2025.

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

    The average Downtown Chicago, Chicago, IL luxury apartment size is 543 sq. ft.

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

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

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

    Luxury apartments tend to be more expensive and have higher utility bills.

    Downtown Chicago, Chicago, IL demographics

    • 25,860Total Population
    • 13,425 Female
      12,435 Male
    • 33Median Age

    In total, Downtown Chicago, Chicago, IL has 25,860 residents, 13,425 women and 12,435 men, per U.S. Census recent estimates. Statistics show that the median age of Downtown Chicago’s population is 33.

    Downtown Chicago, Chicago, IL households

    • 4,625 Family
      9,638 Non-family
    • 1,571 Children
      12,692 No Children
    • 14,263Total Number of Households
    • 1.12Average People Per Household
    • $120,725Median Household Income

    There is a total of 14,263 households in Downtown Chicago, Chicago, IL. Of these, 1,571 have children and 12,692 are without children. Per Census Bureau’s most current estimates, 4,625 family households and 9,638 non-family households live in this area. The size of a household in Downtown Chicago is 1.12 people, on average. The median household annual income in Downtown Chicago equals $120,725, and the monthly housing costs equal $2,482.

    Downtown Chicago, Chicago, IL education statistics

    According to data from the U.S. Census Bureau, 2% of the population in Downtown Chicago, Chicago, IL have no high school education, 10% went to high-school, and 12% have partially completed college. Moreover, 3% of the population hold an Associate Degree, 36% hold a Bachelor Degree, and 37% hold a Graduate Degree.

    Renting a luxury apartment in Downtown Chicago, Chicago, IL

    Are you looking for a luxury apartment in Downtown Chicago, Chicago, IL? Most of the new apartment buildings in Downtown Chicago, Chicago, IL are catering to higher-income lifestyle renters who are interested in living in prime locations, which means that there is a nice selection of luxury units available on the market. This type of rentals is becoming very popular and trendy among young professionals, especially millennials. You will find 25 upscale, Class A buildings in Downtown Chicago, Chicago, IL to choose from, with as many as 220 high-end apartments for rent. Some of the best apartments are located in Downtown Chicago, Chicago, IL, so finding the perfect apartment that fits your style, whether modern and high-tech, or classic and elegantly furnished, is easier than you think. If having plenty of living space is important to you, newer apartment complexes offer large apartments with open floor-plans, typically above the average apartment size in the area, which is 1,278 Sqft. Some also offer extra storage space, bike racks, and car garages.

    High rise apartments are where luxury meets convenience

    On average, apartments in Downtown Chicago, Chicago, IL go for $4,722 per month, with the most expensive high-end apartments renting for up to $25,611 per month. Location is key for a convenient lifestyle. Luxury studio apartments, especially those located in a high-rise close to the best restaurants and entertainment in the area, are a top choice for singles. On the other hand, luxury townhomes located near the best school in the Downtown Chicago, Chicago, IL are what families are looking for. Filter your search results by number of bedrooms and number of baths for a customized list of available apartments in your area. If you like upscale living but are not inclined to spend more than you have to, there are also cheap luxury apartments priced from $1,580 you can take a look at.

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