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Chicago City Wire

Tuesday, July 22, 2025

Chicago 1-bedroom rent increases by 4.9% in October

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Rental prices for 1-bedroom units in Chicago increased by 4.9 percent compared to October of last year, according to Zumper.

The average price for a 1-bedroom in Chicago was $1,500, representing no change over the previous month.

According to RealPage, May of 2020 saw the first year over year decline in asking rents since 2010. While in September of 2020, the average home price on Realtor.com was over $350,000, up over 10 percent from the previous year according to Norada.

Single Bedroom Pricing
Metro AreaMedian PriceMonthly Change %Annual Change %
Chicago$1,50004.9

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