Chicago, IL Rent History

141 months of data, 2015–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-09)
$2,311
1-year change
+5.8%
$127/mo
5-year change
+34.8%
$596/mo
10-year change
+49.1%
$761/mo

Monthly rent trend

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Year-by-year rent in Chicago

YearMedian rentYoY changevs 2015
2015$1,480/mo—0.0%
2016$1,529/mo+3.3%+3.3%
2017$1,573/mo+2.9%+6.3%
2018$1,600/mo+1.7%+8.1%
2019$1,640/mo+2.5%+10.8%
2020$1,677/mo+2.3%+13.3%
2021$1,635/mo-2.5%+10.5%
2022$1,806/mo+10.5%+22.0%
2023$1,923/mo+6.5%+29.9%
2024$2,018/mo+4.9%+36.4%
2025$2,124/mo+5.3%+43.5%
2026$2,256/mo+6.2%+52.4%

Frequently asked questions

How much has rent in Chicago changed since 2015?

Median rent in Chicago, IL was $1,469 in 2015-01 and is $2,311 as of 2026-09 — a change of $842 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 +34.8% ($596 per month). The current median is $2,311.

What has rent in Chicago done over the past decade?

Over the past 10 years, median rent in Chicago, IL has changed +49.1% ($761 per month). It is now $2,311.

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

Year over year, median rent in Chicago, IL has increased +5.8% ($127/mo). Current median: $2,311.

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.