Chicago Homes for Rent
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This is by far the most dependable and easiest to use rental search on the internet. It has been so helpful in finding both apartments and homes for rent. - Chicago,IL
Chicago Homes for Rent
Are you considering a Chicago home rental? You can find a ton of charming places to rent there and the exact right one is waiting for you - just start searching on MyNewPlace. You can find homes for rent in the grandest neighborhoods of Chicago. Looking for that shamrock green interior? Search townhomes, single family houses or condos and find the rental home that will perfectly fit your rental housing needs.
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Chicago Market Trends
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Household Income
Household Income City State City Compared to State Less than $10,000 13.8% 8.3% +5.5% $10,000 to $14,999 6.7% 5.5% +1.2% $15,000 to $19,999 6.2% 5.5% +0.7% $20,000 to $24,999 6.3% 5.8% +0.5% $25,000 to $29,999 6.3% 5.9% +0.4% $30,000 to $34,999 6.3% 6.0% +0.3% $35,000 to $39,999 5.9% 5.7% +0.2% $40,000 to $44,999 5.5% 5.6% -0.1% $45,000 to $49,999 4.7% 5.0% -0.3% $50,000 to $59,999 8.4% 9.4% -1.0% $60,000 to $74,999 9.4% 11.4% -2.0% $75,000 to $99,999 9.0% 11.6% -2.6% $100,000 to $124,999 4.8% 6.1% -1.3% $125,000 to $149,999 2.3% 2.9% -0.6% $150,000 to $199,999 2.1% 2.6% -0.5% $200,000 or more 2.5% 2.8% -0.3% -
Cost of Living
Share of Household Income Spent on Rent City State City Compared to State Less than 10.0% 7.1% 7.1% +0.0% 10.0% to 14.9% 12.2% 13.0% -0.8% 15.0% to 19.9% 14.7% 15.2% -0.5% 20.0% to 24.9% 12.7% 13.1% -0.4% 25.0% to 29.9% 9.9% 10.1% -0.2% 30.0% to 34.9% 7.1% 7.0% +0.1% 35.0% to 39.9% 4.7% 4.8% -0.1% 40.0% to 49.9% 6.5% 6.2% +0.3% 50.0% or more 19.6% 17.3% +2.3% Not computed 5.5% 6.3% -0.8% -
Age Demographic of Renters
Age Demographic of Renters City State City Compared to State 15 to 24 years 9.8% 12.2% -2.4% 25 to 34 years 30.8% 29.1% +1.7% 35 to 44 years 22.2% 21.9% +0.3% 45 to 54 years 15.2% 14.5% +0.7% 55 to 64 years 9.1% 8.2% +0.9% 65 to 74 years 6.8% 6.3% +0.5% 75 to 84 years 4.5% 5.4% -0.9% 85 years and over 1.5% 2.4% -0.9% -
Travel Time to Work
Travel Time to Work City State City Compared to State Less than 30 minutes 18.1% 28.2% -10.1% 30 to 44 minutes 26.3% 24.2% +2.1% 45 to 59 minutes 19.3% 16.4% +2.9% 60 or more minutes 36.3% 31.2% +5.1%
Source: 2000 Census
Average Price to Lease a Home Property in Chicago, Illinois
| # Bedrooms | Apr | Mar | Feb | 3 Month % change |
|---|---|---|---|---|
| 1 Bed | $1,402 | $1,413 | $1,240 | 13.1% |
| 2 Bed | $1,408 | $1,467 | $1,626 | -13.4% |
| 3 Bed | $1,608 | $1,395 | $1,543 | 4.2% |
| 4 Bed | $1,400 | $1,400 | $1,648 | -15% |
See how Apartment Rentals compare in Chicago
Houses for Rent in Cities Near Chicago, IL
MyNewPlace can help you find the Chicago, IL home rental that will work best for you. Using our rental home search, you can view townhomes or condos for rent if you want to live downtown, or check out the rental listings for single family house rentals in the surrounding areas. Try one of these cities below for more rental houses near Chicago, IL.

