Average Rent in DePaul, Chicago, IL

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Current Versus Historical DePaul, Chicago, IL Rents

DePaul rentals average $2,000 for a studio rental to $9,748 for a 4-bedroom rental. The median price of all currently available listings is $2,776, or roughly $3 per square feet.
For the apartment units and housing in November 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $1,334 (154.09%) year-over-year from $866 to $2,200. 1-bedroom rentals prices have increased by $518 (26.23%) year-over-year from $1,974 to $2,492. 2-bedroom rentals prices have decreased by $45 (-1.57%) year-over-year from $2,833 to $2,788. 3-bedroom rentals prices have increased by $1,067 (28.96%) year-over-year from $3,683 to $4,750. 4-bedroom rentals prices have increased by $4,948 (103.07%) year-over-year from $4,800 to $9,748. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 30.43% this month. 1-bedroom rents have gone up by 15.46% this month. 2-bedroom rents have gone down by 12.31% this month. 3-bedroom rents have gone up by 4.01% this month. 4-bedroom rents have gone up by 24.71% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.32 $2,200 $866 (154.09%) $1,600 (37.50%)
1 BR $3.06 $2,492 $1,974 (26.23%) $1,683 (48.04%)
2 BR $2.48 $2,788 $2,833 (-1.57%) $2,079 (34.08%)
3 BR $3.06 $4,750 $3,683 (28.96%) $2,928 (62.23%)
4+ BR $3.02 $9,748 $4,800 (103.07%) $3,815 (155.50%)

Historical Rents in DePaul, Chicago, IL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near DePaul

There are a total of 6 cities nearby DePaul. The average rent in DePaul is currently $2,519 per month. A total of 5 cities nearby have an average rent lower than that. Our records show that Chicago, IL, with an average rent of $2,100, is the most affordable city nearby. In contrast, the most expensive city near DePaul, Chicago, IL is Evanston, IL. Monthly rents here are on average $2,795 per month.

Let's compare DePaul, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 26.90% more expensive. Two bedrooms in DePaul, Chicago, IL are about 16.74% more expensive. Finally, rent for three bedrooms are about 37.15% more expensive. Want more information? Check out the top 6 cities near DePaul, Chicago, IL in the following chart.
City Studio 1 Bed 2 Bed All
Chicago, IL $1,356 $1,799 $2,200 $2,100
Schaumburg, IL N/A $2,167 $2,250 $2,250
Aurora, IL N/A $1,550 $2,196 $2,450
Oak Park, IL N/A $1,750 $2,575 $2,588
Naperville, IL N/A $1,850 $2,200 $2,640
Evanston, IL $1,853 $2,250 $2,748 $2,795

Top Neighborhoods Near DePaul

There are a total of 18 neighborhoods in or near DePaul. Some of these neighborhoods include South Shore, Uptown, and Rogers Park. We've included all of these top 18 neighborhoods in or near DePaul, Chicago, IL in the following chart.

The average rent for these 18 neighborhoods in or near DePaul, Chicago, IL is currently around $2,163 per month. A total of 15 neighborhoods have a lower average rent. Meaning, only three neighborhoods have a higher average rent than $2,163. Out of all the neighborhoods in or near DePaul, South Shore has the most affordable average rent at $1,375 per month. Whereas, at $2,950 average rent per month, Near North Side is the most expensive neighborhood in or near DePaul. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
South Shore, Chicago, IL $1,050 $1,075 $1,300 $1,375
Uptown, Chicago, IL $1,200 $1,600 $2,250 $1,625
Rogers Park, Chicago, IL $1,200 $1,550 $1,875 $1,650
Edgewater, Chicago, IL $1,308 $1,645 $2,150 $1,800
West Rogers Park, Chicago, IL N/A $1,600 $1,923 $1,995
Pilsen, Chicago, IL N/A $1,365 $1,750 $1,995
Lincoln Park, Chicago, IL $1,765 $2,190 $3,773 $1,999
Ravenswood, Chicago, IL $1,375 $1,675 $2,100 $2,025
Humboldt Park, Chicago, IL N/A $1,750 $1,750 $2,125
Bronzeville, Chicago, IL $1,325 $1,700 $2,000 $2,200
Logan Square, Chicago, IL $1,548 $1,700 $2,163 $2,250
Hyde Park, Chicago, IL $1,200 $1,523 $1,885 $2,338
Lakeview, Chicago, IL $1,500 $1,838 $2,593 $2,395
South Loop, Chicago, IL $1,650 $2,100 $2,800 $2,650
The Loop, Chicago, IL $1,850 $2,200 $3,000 $2,725
Near West Side, Chicago, IL N/A $2,400 $2,765 $2,800
West Town, Chicago, IL $2,235 $2,356 $2,817 $2,850
Near North Side, Chicago, IL $1,728 $2,300 $3,750 $2,950

Top Counties Near DePaul

There are a total of 18 counties located by DePaul, Chicago, IL. Some of these counties include Thornton, IL, Downers Grove, IL, and Chicago, IL. The average rent for rentals in these counties is $2,400. That's roughly around $2 per sqft. A total of 13 counties have a lower average rent. The county that is the most affordable is Thornton, IL. It's average rent per month is $1,600. Vice versa, with an average rent of $3,250, Vernon, IL is the most expensive county by DePaul, Chicago, IL.

In comparison, rent for one bedroom listings in DePaul, Chicago, IL is 34.85% more expensive than other counties nearby. Finally, rent for two bedrooms in DePaul, Chicago, IL is 15.17% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Thornton, IL $1,000 $950 $1,450 $1,600
Downers Grove, IL N/A $1,850 $2,050 $2,070
Chicago, IL $1,356 $1,799 $2,200 $2,100
Proviso, IL $1,195 $1,450 $1,675 $2,100
Milton, IL N/A $1,940 $2,235 $2,235
Leyden, IL N/A $1,300 $2,400 $2,400
Maine, IL N/A $1,475 $2,300 $2,400
Niles, IL N/A $1,400 $2,300 $2,500
Oak Park, IL N/A $1,750 $2,575 $2,588
Evanston, IL $1,853 $2,250 $2,748 $2,795

Top Zipcodes Near DePaul

There are a total of 4 zipcodes in or near DePaul, Chicago, IL. The average rent for all of these zipcodes is $2,000. A total of 4 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60641, Chicago, IL at $1,995 per month. In comparison, the zipcode with the most expensive average rent of $2,122 per month is 60615, Chicago, IL.

Studios in these zipcodes have an average rent of $1,225. That's at least $2 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near DePaul, Chicago, IL is $1,488 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,873 per month. Which comes out to $2 per sqft. The following chart includes the top 4 zipcodes in DePaul, Chicago, IL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
60618, Chicago, IL $1,650 $1,695 $2,000 $2,000
60625, Chicago, IL $1,300 $1,450 $1,850 $2,000
60641, Chicago, IL $1,100 $1,300 $1,600 $1,995
60615, Chicago, IL $1,150 $1,525 $1,895 $2,122

Frequently Asked Questions - DePaul Average Rents

What is the average rent price in DePaul, Chicago, IL?
The average monthly rental price for DePaul, Chicago, IL apartments for rent is approximately $2,776. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do DePaul, Chicago, IL rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in DePaul, Chicago, IL.
How much is a studio apartment in DePaul, Chicago, IL?
The average monthly rental price for studio apartments is $2,000 and an average price per square feet of $3.32. There are a total of 2 studio apartment listings currently available for rent in DePaul.
How much is a one bedroom apartment in DePaul, Chicago, IL?
The average monthly rental price for one bedroom apartments is $2,496 and an average price per square feet of $3.06. There are a total of 10 one bedroom apartment listings currently available for rent in DePaul.
How much is a two bedroom apartment in DePaul, Chicago, IL?
The average monthly rental price for two bedroom apartments is $2,673 and an average price per square feet of $2.48. There are a total of 26 two bedroom apartment listings currently available for rent in DePaul.
How have rent prices in DePaul, Chicago, IL changed this year?
Rent prices for rentals in DePaul, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by 1.54%, one bedroom rental prices have changed by 0.26%, two bedroom rental prices have changed by -0.02%, and three bedroom rental prices have changed by 0.29% year-over-year.
What is a reasonable rent price in DePaul, Chicago, IL?
A reasonable rent price in DePaul, Chicago, IL is around $2,221/month. You can search for these reasonably priced rental listings on RentHop.
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