Chicago, IL Rent History
139 months of data, 2015–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-07)
$2,395
1-year change
+8.0%
$177/mo
5-year change
+36.5%
$641/mo
10-year change
+49.3%
$791/mo
Monthly rent trend
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Year-by-year rent in Chicago
| Year | Median rent | YoY change | vs 2015 |
|---|---|---|---|
| 2015 | $1,542/mo | — | 0.0% |
| 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 $2,395 as of 2026-07 — a change of $863 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 +36.5% ($641 per month). The current median is $2,395.
What has rent in Chicago done over the past decade?
Over the past 10 years, median rent in Chicago, IL has changed +49.3% ($791 per month). It is now $2,395.
Is rent in Chicago going up or down year over year?
Year over year, median rent in Chicago, IL has increased +8.0% ($177/mo). Current median: $2,395.