Rent in Chicago, IL
Across Chicago's 79 ZIP codes, a 2-bedroom typically rents for about $1,980 a month, with figures from $892–$3,500+. The highest typical rent is in 60654 ($3,260) and the lowest in 60653 ($1,251). 76 ZIPs have ZIP-level figures from HUD or Census; the other 3 use the county Fair Market Rent. Owner-occupied homes in Cook County pay about 1.91% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,650 | $433–$2,520 | 79 |
| 1 bed | $1,750 | $533–$2,670 | 79 |
| 2 beds | $1,980 | $892–$3,500+ | 79 |
| 3 beds | $2,550 | $1,209–$3,880 | 79 |
| 4 beds | $2,910 | $1,021–$4,440 | 79 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Chicago ZIP codes
2 beds- 60601$3,020–$3,500+
- 60602$2,011–$3,020
- 60603$2,656–$2,960
- 60604$2,452–$3,020
- 60605$3,020–$3,039
- 60606$3,020–$3,500+
- 60607$2,547–$3,020
- 60608$1,246–$1,730
- 60609$1,087–$1,500
- 60610$3,020–$3,098
- 60611$3,020–$3,500+
- 60612$1,513–$2,130
- 60613$2,086–$2,910
- 60614$2,595–$3,020
- 60615$1,762–$2,440
- 60616$1,613–$2,270
- 60617$1,069–$1,520
- 60618$1,696–$2,330
- 60619$1,132–$1,640
- 60620$1,133–$1,640
- 60621$1,042–$1,530
- 60622$2,053–$2,810
- 60623$1,114–$1,530
- 60624$1,167–$1,720
- 60625$1,713–$2,390
- 60626$1,630–$2,280
- 60628$1,158–$1,700
- 60629$1,136–$1,570
- 60630$1,479–$2,090
- 60631$1,492–$2,190
- 60632$1,083–$1,500
- 60633$892–$1,620
- 60634$1,358–$1,930
- 60636$1,133–$1,620
- 60637$1,230–$1,740
- 60638$1,400–$1,830
- 60639$1,249–$1,760
- 60640$1,838–$2,600
- 60641$1,408–$1,970
- 60642$2,346–$3,020
- 60643$1,303–$1,880
- 60644$1,190–$1,640
- 60645$1,493–$2,150
- 60646$1,524–$1,920
- 60647$1,863–$2,570
- 60649$1,167–$1,710
- 60651$1,200–$1,720
- 60652$1,320–$1,880
- 60653$991–$1,510
- 60654$3,020–$3,500+
- 60655$1,678–$2,010
- 60656$1,503–$1,960
- 60657$2,344–$3,020
- 60659$1,450–$2,080
- 60660$1,851–$2,500
- 60661$3,020–$3,432
- 60666$1,980–$2,011
- 60668$2,011
- 60669$1,980–$2,011
- 60670$1,980–$2,011
- 60673$1,980–$2,011
- 60674$1,980–$2,011
- 60675$1,980–$2,011
- 60677$2,011
- 60678$1,980–$2,011
- 60682$1,980–$2,011
- 60684$2,011
- 60685$1,980–$2,011
- 60686$1,980–$2,011
- 60687$1,980–$2,011
- 60688$1,980–$2,011
- 60689$1,980–$2,011
- 60690$1,980–$2,011
- 60693$1,980–$2,011
- 60694$1,980–$2,011
- 60695$1,980–$2,011
- 60697$1,980–$2,011
- 60699$1,980–$2,011
- 60701$1,980–$2,011
Frequently asked questions
- What is the average rent for a 2-bedroom in Chicago, IL?
- About $1,980 a month: the median of the typical rents in 79 ZIP codes, which range from $892–$3,500+. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Chicago, IL?
- About $1,750 a month: the median of the typical rents in 79 ZIP codes, which range from $533–$2,670. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Chicago, IL?
- About $2,550 a month: the median of the typical rents in 79 ZIP codes, which range from $1,209–$3,880. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Chicago, IL?
- About $1,650 a month: the median of the typical rents in 79 ZIP codes, which range from $433–$2,520. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Chicago, IL?
- About $2,910 a month: the median of the typical rents in 79 ZIP codes, which range from $1,021–$4,440. Figures are gross rent (rent plus tenant-paid utilities).
- Which Chicago ZIP code has the highest rent?
- For a 2-bedroom, 60654 has the highest typical rent at $3,260 a month, and 60653 the lowest at $1,251.
- What is the property tax rate in Chicago, IL?
- Owner-occupied homes in Cook County pay a typical 1.91% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Chicago rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).