Chicago, IL Rent History

138 months of data, 20152026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-06)
$2,409
1-year change
+9.3%
$204/mo
5-year change
+38.4%
$669/mo
10-year change
+50.8%
$811/mo

Monthly rent trend

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Year-by-year rent in Chicago

YearMedian rentYoY changevs 2015
2015$1,542/mo0.0%
2016$1,594/mo+3.4%+3.4%
2017$1,639/mo+2.8%+6.3%
2018$1,667/mo+1.7%+8.1%
2019$1,708/mo+2.5%+10.8%
2020$1,747/mo+2.3%+13.3%
2021$1,702/mo-2.6%+10.4%
2022$1,881/mo+10.5%+22.0%
2023$2,003/mo+6.5%+29.9%
2024$2,102/mo+4.9%+36.3%
2025$2,179/mo+3.7%+41.3%
2026$2,350/mo+7.8%+52.4%

Frequently asked questions

How much has rent in Chicago changed since 2015?

Median rent in Chicago, IL was $1,532 in 2015-01 and is $2,409 as of 2026-06 — a change of $877 per month over 11 years.

How much has Chicago rent increased in the last 5 years?

Over the past 5 years, median rent in Chicago, IL has changed +38.4% ($669 per month). The current median is $2,409.

What has rent in Chicago done over the past decade?

Over the past 10 years, median rent in Chicago, IL has changed +50.8% ($811 per month). It is now $2,409.

Is rent in Chicago going up or down year over year?

Year over year, median rent in Chicago, IL has increased +9.3% ($204/mo). Current median: $2,409.

See full rent data for Chicago, IL
Methodology: Rent figures use ZORI (Zillow Observed Rent Index) monthly smoothed seasonally-adjusted values for all properties (single family + condo + multifamily). Year-by-year table uses April readings (or nearest available month) for consistency across years. 1-/5-/10-year change uses the same month 2026 as the anchor.