Chicago, IL Real Estate Prices per Square Foot
Buy prices, rent prices, historical development and submitted values for Chicago, IL.
Average buy price
$303.00 / sqft
Typical residential purchase price per square foot.
Average rent
$3.05 / sqft / month
Monthly rent per square foot.
Median home price
$420,000
Estimated median residential sale price.
Median monthly rent
$2,300
Estimated median rent for the city.
Historical price development
Buy price development
Buy prices have decreased by about 24.9% over the last 5 years.
Rent price development
Rent prices have increased by about 61.8% over the last 5 years.
Submitted values in Chicago
This table includes recent submitted values and individual historical comparable values, so the local price development is easier to compare.
| Date | Type | Property | Price / sqft | Size | Total | Area |
|---|---|---|---|---|---|---|
| 2026-07-03 | Rent | duplex | $2.20 / sqft | 1,300 sqft | $2,860 | Bridgeport 60609 |
| 2026-06-29 | Rent | apartment | $3.05 / sqft | 800 sqft | $2,440 | Logan Square 60647 |
| 2026-06-25 | Rent | townhouse | $3.10 / sqft | 1,650 sqft | $5,115 | Bucktown 60647 |
| 2026-06-22 | Rent | apartment | $2.15 / sqft | 650 sqft | $1,398 | Rogers Park 60626 |
| 2026-06-20 | Buy | condo | $205.00 / sqft | 950 sqft | $194,750 | Albany Park 60625 |
| 2026-06-19 | Buy | multi-family home | $165.00 / sqft | 3,200 sqft | $528,000 | Bronzeville 60653 |
| 2026-06-17 | Rent | apartment | $2.60 / sqft | 620 sqft | $1,612 | Chinatown 60616 |
| 2026-06-15 | Rent | apartment | $2.75 / sqft | 950 sqft | $2,613 | Lincoln Square 60625 |
| 2026-06-15 | Buy | condo | $510.00 / sqft | 1,450 sqft | $739,500 | Gold Coast 60610 |
| 2026-06-10 | Rent | luxury apartment | $4.75 / sqft | 600 sqft | $2,850 | Loop 60601 |
| 2026-06-09 | Buy | luxury condo | $560.00 / sqft | 1,100 sqft | $616,000 | Loop 60601 |
| 2026-06-08 | Rent | luxury apartment | $4.65 / sqft | 1,150 sqft | $5,348 | Streeterville 60611 |
| 2026-06-08 | Buy | townhouse | $255.00 / sqft | 1,800 sqft | $459,000 | Bridgeport 60609 |
| 2026-06-07 | Buy | condo | $265.00 / sqft | 920 sqft | $243,800 | Uptown 60640 |
| 2026-06-06 | Rent | apartment | $3.25 / sqft | 680 sqft | $2,210 | Lakeview 60657 |
| 2026-06-05 | Rent | apartment | $3.95 / sqft | 880 sqft | $3,476 | Old Town 60610 |
| 2026-06-05 | Buy | luxury condo | $590.00 / sqft | 1,350 sqft | $796,500 | West Loop 60607 |
| 2026-06-05 | Buy | condo | $385.00 / sqft | 950 sqft | $365,750 | Lakeview 60657 |
| 2026-05-31 | Rent | luxury apartment | $4.10 / sqft | 980 sqft | $4,018 | South Loop 60605 |
| 2026-05-31 | Buy | townhouse | $520.00 / sqft | 1,900 sqft | $988,000 | Lincoln Park 60614 |
| 2026-05-29 | Buy | condo | $110.00 / sqft | 850 sqft | $93,500 | South Shore 60649 |
| 2026-05-19 | Rent | apartment | $2.85 / sqft | 1,050 sqft | $2,993 | Ravenswood 60613 |
| 2026-05-18 | Buy | single-family home | $235.00 / sqft | 1,900 sqft | $446,500 | Portage Park 60641 |
| 2026-05-15 | Rent | apartment | $2.55 / sqft | 900 sqft | $2,295 | Uptown 60640 |
| 2026-05-14 | Buy | loft | $480.00 / sqft | 1,050 sqft | $504,000 | River North 60654 |
| 2026-05-12 | Buy | duplex | $230.00 / sqft | 1,700 sqft | $391,000 | Kenwood 60615 |
| 2026-05-10 | Rent | luxury apartment | $4.90 / sqft | 720 sqft | $3,528 | River North 60654 |
| 2026-05-10 | Buy | condo | $250.00 / sqft | 875 sqft | $218,750 | Edgewater 60660 |
| 2026-05-08 | Buy | single-family home | $445.00 / sqft | 2,800 sqft | $1,246,000 | North Center 60618 |
| 2026-05-08 | Buy | condo | $430.00 / sqft | 1,250 sqft | $537,500 | Wicker Park 60622 |
| 2026-05-07 | Buy | single-family home | $215.00 / sqft | 2,600 sqft | $559,000 | Beverly 60643 |
| 2026-05-06 | Rent | condo | $3.35 / sqft | 1,100 sqft | $3,685 | West Town 60622 |
| 2026-05-04 | Rent | apartment | $2.45 / sqft | 700 sqft | $1,715 | Hyde Park 60615 |
| 2026-05-01 | Rent | apartment | $2.05 / sqft | 850 sqft | $1,743 | Bronzeville 60653 |
| 2026-05-01 | Buy | duplex | $405.00 / sqft | 2,100 sqft | $850,500 | West Town 60622 |
| 2026-04-30 | Buy | condo | $195.00 / sqft | 780 sqft | $152,100 | Rogers Park 60626 |
| 2026-04-30 | Buy | single-family home | $360.00 / sqft | 2,400 sqft | $864,000 | Logan Square 60647 |
| 2026-04-25 | Rent | apartment | $1.85 / sqft | 740 sqft | $1,369 | South Shore 60649 |
| 2026-04-24 | Rent | apartment | $2.70 / sqft | 760 sqft | $2,052 | Edgewater 60660 |
| 2026-04-24 | Buy | condo | $310.00 / sqft | 1,000 sqft | $310,000 | Pilsen 60608 |
| 2026-04-23 | Rent | loft | $2.85 / sqft | 780 sqft | $2,223 | Pilsen 60608 |
| 2026-04-23 | Buy | condo | $245.00 / sqft | 900 sqft | $220,500 | Hyde Park 60615 |
| 2026-04-21 | Buy | single-family home | $150.00 / sqft | 1,600 sqft | $240,000 | Austin 60644 |
| 2026-04-20 | Rent | townhouse | $1.95 / sqft | 1,500 sqft | $2,925 | Woodlawn 60637 |
| 2026-04-19 | Rent | apartment | $2.65 / sqft | 720 sqft | $1,908 | Avondale 60618 |
| 2026-04-18 | Rent | apartment | $3.45 / sqft | 900 sqft | $3,105 | Wicker Park 60622 |
| 2026-04-12 | Buy | multi-family home | $210.00 / sqft | 3,000 sqft | $630,000 | Humboldt Park 60651 |
| 2026-04-09 | Buy | single-family home | $320.00 / sqft | 2,200 sqft | $704,000 | Avondale 60618 |
| 2026-04-08 | Rent | condo | $3.40 / sqft | 1,000 sqft | $3,400 | Ukrainian Village 60622 |
| 2026-04-08 | Rent | apartment | $3.00 / sqft | 780 sqft | $2,340 | Andersonville 60640 |
| 2025-10-01 | Rent | luxury apartment | $4.60 / sqft / month | 900 sqft | $4,140 | River North 60654 |
| 2025-09-17 | Buy | single-family home | $215.00 / sqft | 1,850 sqft | $397,750 | Portage Park 60641 |
| 2025-06-10 | Rent | apartment | $3.25 / sqft / month | 850 sqft | $2,763 | Wicker Park 60622 |
| 2025-05-09 | Buy | multi-family home | $190.00 / sqft | 3,200 sqft | $608,000 | Humboldt Park 60651 |
| 2025-02-01 | Rent | apartment | $2.45 / sqft / month | 780 sqft | $1,911 | Edgewater 60660 |
| 2025-01-24 | Buy | condo | $365.00 / sqft | 950 sqft | $346,750 | Lakeview 60657 |
| 2024-11-20 | Rent | apartment | $1.75 / sqft / month | 800 sqft | $1,400 | Bronzeville 60653 |
| 2024-10-03 | Buy | condo | $345.00 / sqft | 1,000 sqft | $345,000 | South Loop 60605 |
| 2024-07-15 | Rent | luxury apartment | $4.05 / sqft / month | 650 sqft | $2,633 | Loop 60601 |
| 2024-06-12 | Buy | single-family home | $135.00 / sqft | 1,500 sqft | $202,500 | Austin 60644 |
| 2024-03-01 | Rent | condo | $2.85 / sqft / month | 900 sqft | $2,565 | Ukrainian Village 60622 |
| 2024-02-29 | Buy | townhouse | $470.00 / sqft | 1,800 sqft | $846,000 | Lincoln Park 60614 |
| 2022-12-01 | Rent | apartment | $1.65 / sqft / month | 650 sqft | $1,073 | Rogers Park 60626 |
| 2022-09-21 | Buy | luxury condo | $495.00 / sqft | 1,100 sqft | $544,500 | West Loop 60607 |
| 2022-07-10 | Rent | townhouse | $2.65 / sqft / month | 1,500 sqft | $3,975 | Bucktown 60647 |
| 2022-06-06 | Buy | single-family home | $185.00 / sqft | 2,400 sqft | $444,000 | Beverly 60643 |
| 2022-03-01 | Rent | apartment | $2.05 / sqft / month | 720 sqft | $1,476 | Hyde Park 60615 |
| 2022-02-18 | Buy | condo | $345.00 / sqft | 1,200 sqft | $414,000 | Wicker Park 60622 |
| 2020-10-01 | Rent | apartment | $1.95 / sqft / month | 750 sqft | $1,463 | Uptown 60640 |
| 2020-09-04 | Buy | condo | $425.00 / sqft | 1,300 sqft | $552,500 | Gold Coast 60610 |
| 2020-06-15 | Rent | apartment | $1.75 / sqft / month | 1,000 sqft | $1,750 | Bridgeport 60609 |
| 2020-05-12 | Buy | condo | $235.00 / sqft | 950 sqft | $223,250 | Pilsen 60608 |
| 2020-02-01 | Rent | luxury apartment | $3.20 / sqft / month | 750 sqft | $2,400 | River North 60654 |
| 2020-01-31 | Buy | condo | $205.00 / sqft | 900 sqft | $184,500 | Edgewater 60660 |
| 2018-11-19 | Rent | apartment | $1.20 / sqft / month | 800 sqft | $960 | South Shore 60649 |
| 2018-10-26 | Buy | townhouse | $145.00 / sqft | 1,650 sqft | $239,250 | Bronzeville 60653 |
| 2018-08-05 | Rent | apartment | $2.20 / sqft / month | 850 sqft | $1,870 | Logan Square 60647 |
| 2018-06-08 | Buy | loft | $375.00 / sqft | 1,050 sqft | $393,750 | River North 60654 |
| 2018-03-01 | Rent | apartment | $2.45 / sqft / month | 700 sqft | $1,715 | Lakeview 60657 |
| 2018-02-13 | Buy | single-family home | $230.00 / sqft | 2,000 sqft | $460,000 | Avondale 60618 |
| 2015-12-02 | Rent | apartment | $1.85 / sqft / month | 950 sqft | $1,758 | Andersonville 60640 |
| 2015-09-29 | Buy | single-family home | $310.00 / sqft | 2,500 sqft | $775,000 | North Center 60618 |
| 2015-07-15 | Rent | luxury apartment | $3.10 / sqft / month | 800 sqft | $2,480 | Streeterville 60611 |
| 2015-05-22 | Buy | condo | $150.00 / sqft | 850 sqft | $127,500 | Hyde Park 60615 |
| 2015-04-01 | Rent | apartment | $1.65 / sqft / month | 750 sqft | $1,238 | Pilsen 60608 |
| 2015-03-10 | Buy | condo | $265.00 / sqft | 1,100 sqft | $291,500 | West Town 60622 |
| 2011-10-12 | Rent | apartment | $1.45 / sqft / month | 900 sqft | $1,305 | Ravenswood 60613 |
| 2011-08-19 | Buy | single-family home | $120.00 / sqft | 1,700 sqft | $204,000 | Portage Park 60641 |
| 2011-06-01 | Rent | apartment | $0.95 / sqft / month | 850 sqft | $808 | Woodlawn 60637 |
| 2011-04-07 | Buy | duplex | $105.00 / sqft | 1,500 sqft | $157,500 | Kenwood 60615 |
| 2011-02-15 | Rent | apartment | $2.05 / sqft / month | 700 sqft | $1,435 | Old Town 60610 |
| 2011-01-28 | Buy | condo | $155.00 / sqft | 950 sqft | $147,250 | Logan Square 60647 |
| 2008-11-18 | Rent | condo | $1.75 / sqft / month | 1,000 sqft | $1,750 | Bucktown 60647 |
| 2008-09-16 | Buy | multi-family home | $85.00 / sqft | 3,000 sqft | $255,000 | Humboldt Park 60651 |
| 2008-07-01 | Rent | apartment | $1.10 / sqft / month | 800 sqft | $880 | Albany Park 60625 |
| 2008-05-29 | Buy | condo | $315.00 / sqft | 850 sqft | $267,750 | Loop 60601 |
| 2008-03-15 | Rent | apartment | $2.15 / sqft / month | 900 sqft | $1,935 | South Loop 60605 |
| 2008-02-22 | Buy | single-family home | $205.00 / sqft | 2,100 sqft | $430,500 | Lincoln Square 60625 |
| 2004-12-20 | Rent | apartment | $1.05 / sqft / month | 700 sqft | $735 | Rogers Park 60626 |
| 2004-11-09 | Buy | townhouse | $210.00 / sqft | 1,600 sqft | $336,000 | Ukrainian Village 60622 |
| 2004-08-12 | Rent | luxury apartment | $2.35 / sqft / month | 750 sqft | $1,763 | Gold Coast 60611 |
| 2004-06-17 | Buy | multi-family home | $95.00 / sqft | 2,800 sqft | $266,000 | Bronzeville 60653 |
| 2004-04-01 | Rent | apartment | $1.55 / sqft / month | 850 sqft | $1,318 | Wicker Park 60622 |
| 2004-03-03 | Buy | condo | $245.00 / sqft | 900 sqft | $220,500 | Lakeview 60657 |
| 2000-10-15 | Rent | duplex | $0.88 / sqft / month | 1,100 sqft | $968 | Bridgeport 60609 |
| 2000-09-08 | Buy | single-family home | $130.00 / sqft | 1,900 sqft | $247,000 | Andersonville 60640 |
| 2000-06-25 | Rent | apartment | $1.08 / sqft / month | 650 sqft | $702 | Edgewater 60660 |
| 2000-04-11 | Buy | condo | $55.00 / sqft | 850 sqft | $46,750 | South Shore 60649 |
| 2000-02-01 | Rent | apartment | $1.85 / sqft / month | 700 sqft | $1,295 | River North 60654 |
| 2000-01-20 | Buy | loft | $185.00 / sqft | 1,000 sqft | $185,000 | West Loop 60607 |
| 1996-12-05 | Rent | apartment | $0.68 / sqft / month | 900 sqft | $612 | Pilsen 60608 |
| 1996-09-30 | Buy | single-family home | $78.00 / sqft | 1,800 sqft | $140,400 | Beverly 60643 |
| 1996-07-18 | Rent | apartment | $0.95 / sqft / month | 750 sqft | $713 | Uptown 60640 |
| 1996-05-14 | Buy | condo | $190.00 / sqft | 1,000 sqft | $190,000 | Gold Coast 60610 |
| 1996-03-01 | Rent | apartment | $1.45 / sqft / month | 800 sqft | $1,160 | Lincoln Park 60614 |
| 1996-02-27 | Buy | multi-family home | $68.00 / sqft | 2,600 sqft | $176,800 | Wicker Park 60622 |
| 1992-11-03 | Rent | apartment | $0.72 / sqft / month | 900 sqft | $648 | Logan Square 60647 |
| 1992-10-22 | Buy | condo | $155.00 / sqft | 900 sqft | $139,500 | Lincoln Park 60614 |
| 1992-08-15 | Rent | apartment | $0.92 / sqft / month | 700 sqft | $644 | Hyde Park 60615 |
| 1992-06-09 | Buy | single-family home | $45.00 / sqft | 1,300 sqft | $58,500 | Austin 60644 |
| 1992-04-01 | Rent | apartment | $1.15 / sqft / month | 650 sqft | $748 | Lakeview 60657 |
| 1992-03-18 | Buy | condo | $74.00 / sqft | 700 sqft | $51,800 | Rogers Park 60626 |
Housing market overview for Chicago, IL
The real estate market in Chicago, IL can be compared more clearly by looking at price per square foot. Current estimates show an average buy price of $303.00 / sqft and an average rent of $3.05 / sqft / month.
Buyers can use the purchase price per square foot to compare homes, condos and apartments of different sizes. Renters can use monthly rent per square foot to compare different rental listings more accurately.
The reported values on this page show how prices can vary by neighborhood, property type, size and condition. Historical values help explain whether the local market has been rising, stable or cooling.
Frequently asked questions
What is the average home price per square foot in Chicago?
The average residential buy price in Chicago, IL is $303.00 / sqft based on the current values available on this page.
How much is rent per square foot in Chicago?
The average rental price in Chicago, IL is $3.05 / sqft / month. Actual rents can vary by neighborhood, property type and building quality.
Are property prices in Chicago increasing?
Buy prices have decreased by about 24.9% over the last 5 years. Rent prices have increased by about 61.8% over the last 5 years. These 5-year trends are based on the available individual historical comparable values.