Chicago city: Median Gross Rent Trend
How Chicago city's median gross rent changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$1,029
2023
$1,380
Total change
+$351
% change
+34.1%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,029 | — |
| 2019 | $1,112 | +$83 (8.1%) |
| 2020 | $1,154 | +$42 (3.8%) |
| 2021 | $1,209 | +$55 (4.8%) |
| 2022 | $1,314 | +$105 (8.7%) |
| 2023 | $1,380 | +$66 (5%) |