Studio Apartment Rent in Chatham, IL
Median asking rent for a studio apartment in Chatham, Illinois as of July 2026. That's +45% lower than the citywide median of $1,713 and +26% below the national studio median of $1,290.
Income needed for a studio in Chatham
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a studio at the current median rent.
Rent by apartment size in Chatham
Compare Chatham's median rent across every apartment size.
Cheapest cities for a studio in Illinois
| # | City | Studio rent |
|---|---|---|
| 1 | Dixon | $610 |
| 2 | Rantoul | $638 |
| 3 | Charleston | $640 |
| 4 | Quincy | $650 |
| 5 | Macomb | $660 |
| 6 | Pekin | $660 |
| 7 | Rock Island | $680 |
| 8 | Danville | $690 |
| 9 | Carbondale | $700 |
| 10 | Moline | $700 |
| 11 | Normal | $720 |
| 12 | Peoria | $738 |
| 13 | Springfield | $750 |
| 14 | Washington | $750 |
| 15 | Decatur | $760 |
Most expensive cities for a studio in Illinois
| # | City | Studio rent |
|---|---|---|
| 1 | Morton Grove | $2,190 |
| 2 | Lake Forest | $2,190 |
| 3 | Deerfield | $2,190 |
| 4 | Barrington | $2,190 |
| 5 | Wilmette | $2,100 |
| 6 | Buffalo Grove | $2,100 |
| 7 | Highland Park | $2,060 |
| 8 | Plainfield | $2,015 |
| 9 | Naperville | $1,978 |
| 10 | Vernon Hills | $1,970 |
| 11 | Streamwood | $1,970 |
| 12 | Northbrook | $1,960 |
| 13 | Bartlett | $1,940 |
| 14 | Bolingbrook | $1,925 |
| 15 | Romeoville | $1,910 |
Nearby cities — studio rent
Considering nearby alternatives? 5 of these cities have cheaper studio rents than Chatham.
| City | Distance | Studio rent | vs Chatham |
|---|---|---|---|
| Springfield, IL | 9.8 mi | $750 | $-200 (-21%) |
| Montgomery, IL | 35.7 mi | $1,605 | +$655 (+69%) |
| Decatur, IL | 49.9 mi | $760 | $-190 (-20%) |
| Bethalto, IL | 56.9 mi | $840 | $-110 (-12%) |
| Alton, IL | 58.3 mi | $880 | $-70 (-7%) |
| Pekin, IL | 59.9 mi | $660 | $-290 (-31%) |
| Edwardsville, IL | 60.2 mi | $1,020 | +$70 (+7%) |
| Wood River, IL | 61.3 mi | $840 | $-110 (-12%) |
| Troy, IL | 68.1 mi | $910 | $-40 (-4%) |
| Spanish Lake, MO | 68.8 mi | $900 | $-50 (-5%) |
| Collinsville, IL | 71 mi | $880 | $-70 (-7%) |
| Granite City, IL | 71.1 mi | $840 | $-110 (-12%) |
Studio rent in Chatham — common questions
How much is a studio apartment in Chatham?
As of July 2026, the median studio apartment rent in Chatham, Illinois is $950 per month. This is +45% below the citywide median of $1,713.
What income do you need to afford a studio in Chatham?
Using the standard 30% rent-to-income rule, you would need an annual income of about $38,000 ($3,167/month gross), which works out to roughly $18.27/hour at a full-time job.
Is Chatham expensive for a studio compared to the rest of the US?
Chatham's studio median of $950 is +26% below the national studio median of $1,290. It ranks in the 23th percentile of US cities tracked.
How does Chatham rank for studio rent in Illinois?
Among the 140 cities in Illinois with studio data, Chatham ranks #33 from cheapest to most expensive.
Are there cheaper studio options near Chatham?
Yes — nearby cities with cheaper studio rents include Springfield ($750), Decatur ($760), Bethalto ($840).