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About the Chicago Apartment Market

As of February, 2010, average apartment rent within 10 miles of Chicago, IL is $1445. One bedroom apartments in Chicago rent for $1194 a month on average and two bedroom Chicago apartments rents average $1547.

The average apartment rent over the prior 6 months in Chicago has decreased by $77 (-5%). One bedroom units have decreased by $32.5 (-3%) and two bedroom apartments have decreased by $62.5 (-4%). See more data on average rent in Chicago.

The most expensive Chicago neighborhoods to rent apartments are West Town, Lincoln Park, and Near West Side. The cheapest Chicago neignborhoods to rent apartments are South Shore, Hyde Park, and Humboldt Park. See our Chicago neighborhood apartment listings: Irving Park, Lower West Side Apartments, Avondale, Forest Glen Apartments, West Ridge Apartments, Austin, Grand Crossing Apartments, Edgewater, Albany Park Apartments, Rogers Park, Woodlawn Apartments, Humboldt Park Apartments, Hyde Park Apartments, South Shore

The most popular Chicago apartment related searches are: houses for rent, condos for rent, rental homes, no fee apartments / no security deposit apartments, Chicago senior housing. Popular searches also include apartments and student housing near: University of Illinois at Chicago Apartments, DePaul University, DeVry University-Illinois Apartments, Northwestern University, Loyola University Chicago.

About Living In Chicago

From Chicago's Wikipedia page:

Chicago is the third largest city in the United States, and with more than 2.8 million people, the largest city in the state of Illinois and the Midwestern United States. Located on the southwestern shores of Lake Michigan, bordering the Illinois-Indiana State Line, Chicago is the third-most densely populated major city in the U.S., and anchor to the world's 26th largest metropolitan area with over 9.56 million people across three states. The Chicago-Naperville-Joliet, IL-IN-WI MSA also grew by an estimated 470,995 people between April 1, 2000 and July 1, 2008. Except for the southwest corner of O'Hare International Airport which is in DuPage County, the city of Chicago is located in Cook County. Chicago was founded in 1833, near a portage between the Great Lakes and the Mississippi River watershed. The Potawatomi were forcibly removed from their land following the Treaty of Chicago. The city became a major transportation and telecommunications hub in North America....