Chicago Rent Increase 2025. Are expected to see upgraded rent forecasts — meaning more robust growth — while 42% will see their forecasts. Research rental market trends in chicago, il.

According to an analysis by the illinois policy institute, rents across chicago have risen 41% in just under 10 years, with renters now paying an average of $2,200 a month. Chicago apartments rents are expected to increase over the next two years as demand is high and multifamily development has slowed.