The median rent for one- and two-bedroom apartments in Chicago, Illinois, amounted to about 1,643 U.S. dollars by the end of 2023. Rents decreased slightly after the beginning of the coronavirus pandemic, but this trend quickly reversed, and as of January 2022, the annual rental growth stood at around 11 percent. Furthermore, no notable variation in rental growth was observed in December 2023 in comparison to the previous year. Among the different states, Illinois ranked alongside Texas, South Carolina, and Pennsylvania in terms of rental costs.
Monthly rent for an apartment and annual rental growth in Chicago, Illinois, from January 2018 to December 2023
(in U.S. dollars)
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Apartment List. (February 13, 2024). Monthly rent for an apartment and annual rental growth in Chicago, Illinois, from January 2018 to December 2023 (in U.S. dollars) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1363281/apartment-rent-and-rental-growth-chicago/
Apartment List. "Monthly rent for an apartment and annual rental growth in Chicago, Illinois, from January 2018 to December 2023 (in U.S. dollars)." Chart. February 13, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1363281/apartment-rent-and-rental-growth-chicago/
Apartment List. (2024). Monthly rent for an apartment and annual rental growth in Chicago, Illinois, from January 2018 to December 2023 (in U.S. dollars). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1363281/apartment-rent-and-rental-growth-chicago/
Apartment List. "Monthly Rent for An Apartment and Annual Rental Growth in Chicago, Illinois, from January 2018 to December 2023 (in U.S. Dollars)." Statista, Statista Inc., 13 Feb 2024, https://www.statista.com/statistics/1363281/apartment-rent-and-rental-growth-chicago/
Apartment List, Monthly rent for an apartment and annual rental growth in Chicago, Illinois, from January 2018 to December 2023 (in U.S. dollars) Statista, https://www.statista.com/statistics/1363281/apartment-rent-and-rental-growth-chicago/ (last visited December 30, 2024)
Monthly rent for an apartment and annual rental growth in Chicago, Illinois, from January 2018 to December 2023 (in U.S. dollars) [Graph], Apartment List, February 13, 2024. [Online]. Available: https://www.statista.com/statistics/1363281/apartment-rent-and-rental-growth-chicago/
