Zumper recently examined May’s median rent prices of one-bedroom homes in Chicago this summer. Here are its findings:
Since May 2015, the price of one-bedroom units in Chicago decreased 4.4 percent, while two-bedroom units increased a slight 0.8 percent. Near North Side fetched a median price of $2,100 for one-bedroom units in May and was Chicago’s most expensive neighborhood to rent in. Close behind were the Loop, Near West Side and South Loop. Priced at $1,000 or below per month in May, more affordable units could be found in the southeast portion of Chicago like Humboldt Park, West Garfield Park and North Lawndale. Near North Side fetched a median of $2,100 for one-bedroom units in MaySource: click here