Chicago’s Rents Reach New Highs in March

The apartment listings website Zumper is adding to the evidence of Chicago's rental boom with a new report that places Chicago 7th on the list of most expensive cities in the country to rent an apartment. That’s two places higher than Chicago scored last month, right behind San Jose and Oakland. Zumper places median prices for a Chicago one-bedroom at $1,760 a month, and a two-bedroom at $2,370 a month. The hottest neighborhoods? Predictably, the Near North Side, which includes River North, Streeterville and the Gold Coast, topped the list, with the Loop and the Near West Side in a close second and third. Renters can expect to pay somewhere between $1,900 and $2,140 a month in one of these neighborhoods, Curbed reports. San Francisco topped the national list, with New York City right behind it. [Curbed]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Chicago Newsletters
Related Stories

Mars Factory Overhaul Stalls As Candymaker's Chicago Expansion Accelerates

While Chicago Development Stalls, Fulton Market Keeps Building

AI Has Saved Time But Muddied Traffic Data For CRE Marketing Execs

Amazon Close To Deal For Goose Island Warehouse: The Chicago Deal Sheet

'A Welcoming Destination': Arlington Heights, Illinois, Is Making Big Investments In Its Future

Chicago Ranks No. 3 For AI Job Growth As Office Market Stands To Benefit

108-Acre Hawthorne Race Course Set To Trade In Bankruptcy Sale

Mapletree Breaks Ground On 419K SF Industrial Facility: The Chicago Deal Sheet

Chicago Fire Stadium Nears $425M TIF Boost

'Projects May Be Temporary. The Opportunities Aren't': Debunking Common Data Center Myths

Chicago's Older Apartments Are Running Out Of Room To Raise Rent

EXCLUSIVE: Google To Occupy 600K SF Of Redeveloped Chicago Landmark