Grand Crossing, Chicago, IL Rental Market Trends

The average rent for an apartment in Grand Crossing, Chicago, IL is $1,135 ($1.40 per sqft), based on a survey of 12 rental listings in Grand Crossing, Chicago, IL conducted by Hello Data, Inc. on May 28, 2023. This is -39% below the national average rent of $1,875 ($1.87 per sqft). The following graphs show how average rent varies based on number of bedrooms, square footage, quality and location:

Average rent in Grand Crossing, Chicago, IL by Number of Bedrooms

The chart below shows the average rent in Grand Crossing, Chicago, IL for apartments by number of bedrooms:

Average apartment size in Grand Crossing, Chicago, IL

The average apartment size in Grand Crossing, Chicago, IL is 813 sqft, which is -19% below the U.S. national average apartment size of 1,003 sqft. This graph illustrates average size in Grand Crossing, Chicago, IL for each unit type:

Average Rent in Chicago, IL by Neighborhood

There are 69 neighborhoods in Chicago, IL . Lincoln Park is the most expensive neighborhood, with an average rent of $4,225 ($4.81 per sqft), and West Garfield Park is the most affordable neighborhood in Chicago, IL , with an average rent of $750 ($3.00 per sqft). The following tables show the Top 5 neighborhoods in Chicago, IL by average rent and the top 5 most affordable neighborhoods in Chicago, IL by average rent:

Top 5 most expensive neighborhoods in Chicago, IL by average rent:

Neighborhood
$4,225 avg. rent
$4.81 per sqft
$3,840 avg. rent
$3.32 per sqft
$3,358 avg. rent
$4.24 per sqft
$3,300 avg. rent
$2.41 per sqft
$3,189 avg. rent
$3.67 per sqft

Top 5 most affordable neighborhoods in Chicago, IL by average rent:

Neighborhood
$1,005 avg. rent
$1.39 per sqft
$995 avg. rent
$1.37 per sqft
$990 avg. rent
$1.41 per sqft
$880 avg. rent
$1.35 per sqft
$750 avg. rent
$3.00 per sqft

Average Rent in Chicago, IL by Zip Code

There are 50 zip codes in Chicago, IL . 60614 is the most expensive zip code, with an average rent of $3,565 ($4.04 per sqft), and 60619 is the most affordable zip code in Chicago, IL , with an average rent of $920 ($1.35 per sqft). The following tables show the Top 5 zip codes in Chicago, IL by average rent and the top 5 most affordable zip codes in Chicago, IL by average rent:

Top 5 most expensive zip codes in Chicago, IL by average rent:

Zip Code
$3,565 avg. rent
$4.04 per sqft
$2,899 avg. rent
$3.97 per sqft
$2,825 avg. rent
$3.49 per sqft
$2,795 avg. rent
$3.57 per sqft
$2,795 avg. rent
$2.33 per sqft

Top 5 most affordable zip codes in Chicago, IL by average rent:

Zip Code
$1,080 avg. rent
$1.65 per sqft
$1,030 avg. rent
$1.37 per sqft
$1,020 avg. rent
$1.53 per sqft
$995 avg. rent
$1.37 per sqft
$920 avg. rent
$1.35 per sqft

Average Apartment Listing Volume and Average Time on Market in Grand Crossing, Chicago, IL

Average number of days on market in Grand Crossing, Chicago, IL

The average listing remains on the market for 11 days in Grand Crossing, Chicago, IL. This is greater than the national average time on market of 10 days for apartment listings. The chart below shows how many units remain on the market by number of days in Grand Crossing, Chicago, IL:

Available Apartments in Grand Crossing, Chicago, IL by Unit Type

On May 28, 2023 Hello Data, Inc. surveyed 12 active apartment listings in Grand Crossing, Chicago, IL. The graph below shows the breakdown of multifamily units listed by bedroom count:

Frequently Asked Questions – Grand Crossing, Chicago, IL Average Rents

What are the most affordable neighborhoods in Chicago, IL?

The most affordable neighborhoods in Chicago, IL are West Garfield Park, where the average rent is $750 ($3.00 per sqft) and East Chatham, where renters pay $880 ($1.35 per sqft) per month on average.

What are the most expensive neighborhoods in Chicago, IL?

The most expensive neighborhoods in Chicago, IL are Lincoln Park, with an average rent of $4,225 ($4.81 per sqft) and Wrightwood Neighbors, with an average rent of $3,840 ($3.32 per sqft) per month.

What are the most popular neighborhoods in Chicago, IL?

The most popular neighborhoods in Chicago, IL are South Loop, with 615 active listings as of May 28, 2023 and Streeterville, with 460 active listings as of May 28, 2023.

How much is a 2 Bedroom apartment in Grand Crossing, Chicago, IL?

The average monthly rental price for 2 Bedroom apartments in Grand Crossing, Chicago, IL is $1,135 ($1.40 per sqft).

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