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Market Insights: Student Housing price report in Chicago

This report provides a detailed analysis of the real-time price trends for the city of Chicago.

Rental Market Summary in Chicago

The cost of an average rent in Chicago for all rental types is €2,474 All data is current as of today, September 4, 2026.

Median price

€1,791

Rentals available today

266

Number of accommodations

627

Occupancy rate

57.58%

Source: Erasmus Play data

Rental price range in Chicago

Rental price range - Price distribution data
Price rangeNumber of accommodations
€500-€6002
€600-€70010
€700-€80019
€800-€90033
€900-€1,00024
€1,000-€1,10025
€1,100-€1,20025
€1,200-€1,30020
€1,300-€1,40033
€1,400-€1,50020
€1,500-€1,60020
€1,600-€1,70026
€1,700-€1,80026
€1,800-€1,90020
€1,900-€2,00019
€2,000-€2,10013
€2,100-€2,20018
€2,200-€2,3001
€2,300-€2,4005
€2,400-€2,5005
€2,500-€2,6004
€2,600-€2,7003
€2,700-€2,8008
€2,800-€2,90010
€2,900-€3,0001
€3,000-€3,1002
€3,100-€3,2006
€3,200-€3,3005
€3,300-€3,4005
€3,400-€3,5003
€3,500+174
Total585
This chart shows 585 accommodations distributed across price ranges from €500 to €3,600. The most common price range is €3,500+ with 174 accommodations.

Availability for the next 6 months

Availability for the next 6 months - Availability data
MonthAvailability percentage
October 202691.069%
November 202695.056%
December 202693.939%
January 202793.301%
February 202792.504%
March 202791.388%
This chart shows availability over 6 months. Highest availability is in November 2026 at 95%, lowest in October 2026 at 91%.

Real-time Price Visualization in Chicago

This map shows the real-time price trends for Chicago. Prices shown are median prices.

Price Range - Price distribution by area
Price rangePrice
Lower price range€829
Price range 1€1,179
Price range 2€1,529
Price range 3€1,879
Price range 4€2,229
Price range 5€2,579
Price range 6€2,929
Price range 7€3,279
Price range 8€3,629
Price range 9€3,979
Price range 10€4,329
Price range 11€4,679
Price range 12€5,029
Higher price range€5,379
Total properties506
This map shows 506 properties across 52 areas. Prices range from €829 to €5,365.

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Request summary
Rachel WelchCalle de Abastos, 32, Aranjuez, Madrid
Lennart KarlAvenida de los Fueros, 10, Madrid
Monthly income€1,400
Deposit required€1,680
Next move in
Requests2
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Frequently Asked Questions

What is the average price for a private room in Chicago?

The average price for a private room in Chicago is €1,404 per month. This price is based on current market data from Erasmus Play.

What is the average price for a studio in Chicago?

The average price for a studio in Chicago is €1,720 per month. Studios offer more privacy and independence for students and young professionals.

What is the average price for a room in a residence or coliving in Chicago?

The average price for a room in a residence or coliving in Chicago is €1,347 per month. Residences and colivings often include utilities and common areas.

How many accommodations are available in Chicago?

There are currently 266 accommodations available in Chicago. Looking ahead, 615 will be available in 6 months and 625 in 12 months. Availability changes daily, so we recommend checking regularly.