Rentometer, Inc. | Data as of 10/24/2025
The Chicago‑Naperville‑Elgin metro rental market offers a diverse mix of apartments and single‑family homes, catering to professionals, families, and students alike. Urban neighborhoods such as the West Loop, River North, and South Loop provide walkable access to dining, arts, and high‑tech corridors, while historic districts like Lincoln Park and Hyde Park combine tree‑lined streets with cultural institutions and lakefront parks. Suburban communities including Naperville and Elgin deliver quieter settings with ample green space, making the region attractive for a broad range of renters.
Rental options span from compact studio apartments—averaging in the $1,600 range—to spacious three‑bedroom units that regularly top the $3,000 mark. One‑bedroom apartments typically fall within the $1,900‑$2,000 bracket, while two‑bedroom units hover around the $2,500 range, offering flexibility for growing households. For those preferring a house, studio‑style homes start near the $1,200 level, and larger four‑plus‑bedroom properties can approach the $3,600 range, reflecting the variety of family‑friendly layouts available across the metro area.
Beyond pricing, the Chicago metro boasts strong transit connectivity via the ‘L’ system, Metra commuter rail, and a network of bike lanes, ensuring easy commutes to downtown offices, universities, and major attractions such as Millennium Park and Navy Pier. Whether you’re seeking a vibrant downtown loft, a suburban family house, or a convenient spot near top-rated schools, the Chicago‑Naperville‑Elgin rental market provides ample choices to match lifestyle and budget.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,681 | $1,595 | $826 - $3,340 | $1,250 - $2,050 |
| Apartment | 1 Bedroom | $2,042 | $1,995 | $900 - $3,665 | $1,495 - $2,495 |
| Apartment | 2 Bedroom | $2,422 | $2,250 | $800 - $6,350 | $1,666 - $2,995 |
| Apartment | 3 Bedroom | $2,774 | $2,400 | $1,200 - $6,899 | $1,900 - $3,183 |
| Apartment | 4+ Bedroom | $5,012 | $2,900 | $1,125 - $15,000 | $2,150 - $6,000 |
| House | 1 Bedroom | $1,658 | $1,420 | $1,000 - $2,795 | $1,290 - $2,795 |
| House | 2 Bedroom | $1,802 | $1,772 | $950 - $3,200 | $1,475 - $2,030 |
| House | 3 Bedroom | $2,868 | $2,800 | $1,065 - $8,200 | $2,400 - $3,200 |
| House | 4+ Bedroom | $3,404 | $3,049 | $1,195 - $9,900 | $2,400 - $4,000 |
In the current period, the average rent in Chicago-Naperville-Elgin, IL-IN was $1,666 for Studio, $2,029 for 1 Bedroom, $2,314 for 2 Bedroom, $2,830 for 3 Bedroom, and $3,572 for 4+ Bedroom.
Data provided by Rentometer, Inc.