Rentometer, Inc. | Data as of 10/23/2025
Chatham, Illinois offers a balanced rental market that blends suburban comfort with convenient access to the greater Chicago area. The cityâs wellâmaintained neighborhoods feature treeâlined streets, historic homes, and a growing selection of modern apartments, making it attractive to both families and professionals. Proximity to major highways, the Metra commuter rail, and vibrant downtown amenitiesâsuch as the Chatham Community Center, local boutiques, and dining venuesâenhances the appeal for renters seeking a welcoming yet wellâconnected community.
The housing inventory in Chatham is dominated by singleâfamily homes, which provide spacious living options for a range of household sizes. Twoâbedroom houses generally rent in the $1300â$1400 range, with an average of $1380 and a median near $1350, offering affordable space for couples or small families. Larger families often look to threeâbedroom homes, where rents hover around the $1950â$2000 mark, reflecting the cityâs emphasis on comfort and quality. For those needing even more room, fourâplusâbedroom homes command about $3350, catering to multiâgenerational households or renters who value expansive layouts.
Beyond its residential offerings, Chatham boasts excellent schools, extensive parklandâincluding the popular Wilmot Hill and Chatham Commonsâand cultural attractions such as the historic Old Chatham Train Station. These features, combined with a steady rental market and a variety of housing types, make Chatham a compelling choice for renters seeking a vibrant, familyâfriendly environment within easy reach of Chicagoâs urban opportunities.
Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
---|---|---|---|---|---|
House | 2 Bedroom | $1,380 | $1,350 | $1,295 - $1,495 | $1,295 - $1,495 |
House | 3 Bedroom | $1,989 | $1,950 | $1,750 - $2,350 | $1,895 - $2,000 |
House | 4+ Bedroom | $3,350 | $3,350 | $2,850 - $3,850 | $2,850 - $3,850 |
In the current period, the average rent in Chatham was
$1,329 for 2 Bedroom,
$1,912 for 3 Bedroom, and
$3,350 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.