Find Your Perfect Chicago 1 Bedroom Apartment

1 bedroom apartments in Chicago are available in almost every neighborhood of the city at varying rents. Are you interested in a 1 bedroom for rent near downtown Chicago? Or a 1 bedroom for rent closer to the suburbs? Do you need a place with street parking or a garage spot available? Is it important to be close to public transportation? How about finding a 1 bedroom for rent that has access to parks or bike trails? All these questions may influence the decision but the decision on where to rent a 1 bedroom apartment in Chicago comes down to the place with the right amount of space and within budget for most apartment renters.

How Much Are 1 Bedroom Apartments In Chicago?

The average rent for a one bedroom apartment on Domu was $1,605 in the first half of 2020. 

Luxury 1 bedroom apartments have sprung up in River North, Lakeshore East, West Loop, Loop and Streeterville neighborhoods. This reflects a trend of new developments near downtown that cater to renters who value proximity to work more than bulk square footage. This accounts for some of the higher-than-average rent for 1 bedroom apartments surrounding the Loop.

River North tops the list of most expensive neighborhoods in Chicago to rent a 1 bedroom apartment with a monthly average rent of $2,600 in 2020. The West Loop was in second place among the most expensive Chicago neighborhoods for 1 bedroom apartments, clocking in at $2,450 monthly average rent in 2020. And rounding out the top 3 most expensive neighborhoods for 1 bedrooms in Chicago was Old Town, where rent was $2,200 on average in 2020.

Traditionally affordable neighborhoods on Chicago's west, southwest and far north sides have seen rising rents for 1 bedroom apartments in recent years, although a modest leveling off did occur in the first half of 2020. Many remain close to the citywide median rent for a 1 bedroom apartment. These are neighborhoods like Pilsen ($1,560 in 2020), Lakeview ($1,550 in 2020) and Uptown ($1,450 in 2020).

The most affordable neighborhoods from Domu's recent analysis of 1 bedroom apartments include the far north side neighborhoods of Rogers Park and West Ridge, but Lincoln Square and Bronzeville also average around $1,100 per month for a 1 bedroom apartment. 

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