Displaying 1 – 11 of 11
Apartments For Rent in Chicago, IL
Looking for apartments for rent in Chicago, IL? This page brings together companies and property managers offering rental apartments across the Chicago metro area. Whether you’re a first-time renter, relocating professional, student, or family, you’ll find options spanning a wide range of neighborhoods, budgets, and amenities. Chicago’s rental market is diverse—featuring everything from downtown high-rises to historic walk-ups and modern suburban-style communities—making it one of the most dynamic apartment markets in the Midwest.
Market Snapshot
Average Price: $1,500 – $2,400 per month (varies by neighborhood, unit size, and amenities)
Price Trend: Stable
Demand Level: High
Key Stats
- Typical Lease Length: 12 months
- Security Deposit: Often equal to 1 month’s rent (some buildings offer deposit alternatives)
- Popular Unit Types: Studios, 1-bedroom, 2-bedroom
- Peak Rental Season: Late spring to early fall
Neighborhood Highlights
- The Loop: Chicago’s central business district, offering modern high-rise apartments close to offices, transit hubs, and cultural landmarks.
- River North: Known for upscale apartments, dining, galleries, and nightlife, with easy access to downtown and the riverwalk.
- Lincoln Park: A popular residential area with tree-lined streets, parks, schools, and a mix of vintage and newer apartment buildings.
- Lakeview: A lively neighborhood near Lake Michigan, known for entertainment, dining, and a wide selection of mid-priced rentals.
- Hyde Park: Home to the University of Chicago, featuring historic architecture, cultural institutions, and relatively more affordable apartments.
Amenities
- Parks
- Public Transport
- Schools
- Shopping
- Nightlife
Tips for Renters in Chicago
Chicago’s apartment market moves quickly, especially in desirable neighborhoods and near transit lines. Start your search at least 30–60 days before your intended move-in date, and have documents ready, such as proof of income, photo ID, and references.
Pay close attention to building type and heating costs—some older buildings include heat in the rent, which can significantly reduce winter expenses. Also, review lease terms carefully, especially regarding move-in fees, pet policies, and renewal clauses, as these can vary widely between property managers.
Transportation & Accessibility
Closest Transit Lines: CTA Red Line, Blue Line, Brown Line, Green Line, Orange Line, Purple Line (plus extensive bus routes)
Average Commute: 35 minutes minutes
Walkability Score: 77 / 100 (Very Walkable)
Bike Score: 72 / 100 (Bike-Friendly)
Rental Laws
Chicago follows Illinois landlord-tenant law, with additional city-level tenant protections. These include rules around security deposit handling, notice requirements, and habitability standards. Landlords must provide proper disclosures and maintain rental units in safe, livable condition.
Short-Term Rules
Short-term rentals (such as stays under 30 days) are regulated separately and typically do not apply to standard apartment leases.
Seasonal Advice
January – February
Lower competition and more negotiating power, but fewer listings available.
March – April
Inventory begins to increase as spring approaches—good time to start actively touring.
May – August
Peak rental season with the most listings, but higher competition and faster decision-making required.
September – October
Balanced period with moderate pricing and still-good availability.
November – December
Slower market with potential deals, though choices may be limited.
Frequently Asked Questions
Average rents typically range from $1,500 to $2,400 per month, depending on neighborhood, unit size, and building amenities.
Some apartments include heat and water, especially in older buildings, while others require tenants to pay all utilities separately.
Yes. Chicago has an extensive CTA train and bus system, and many apartments are located within walking distance of transit stops.
Most landlords prefer fair to good credit, but requirements vary. Some companies offer alternatives such as co-signers or higher deposits.
Late fall and winter often offer better pricing, while spring and summer provide the widest selection of available apartments.