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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 €2,394 All data is current as of today, July 26, 2026.

Median price

€1,660

Rentals available today

183

Number of accommodations

613

Occupancy rate

70.15%

Source: Erasmus Play data

Rental price range in Chicago

Rental price range - Price distribution data
Price rangeNumber of accommodations
€500-€6003
€600-€70010
€700-€80016
€800-€90030
€900-€1,00021
€1,000-€1,10049
€1,100-€1,20015
€1,200-€1,30018
€1,300-€1,40033
€1,400-€1,50021
€1,500-€1,60021
€1,600-€1,70016
€1,700-€1,8009
€1,800-€1,90017
€1,900-€2,00015
€2,000-€2,10025
€2,100-€2,20011
€2,200-€2,30011
€2,300-€2,4002
€2,400-€2,5006
€2,500-€2,6007
€2,600-€2,7003
€2,700-€2,8004
€2,800-€2,9003
€2,900-€3,0004
€3,000-€3,1002
€3,100-€3,2002
€3,200-€3,3001
€3,300+165
Total540
This chart shows 540 accommodations distributed across price ranges from €500 to €3,400. The most common price range is €3,300+ with 165 accommodations.

Availability for the next 6 months

Availability for the next 6 months - Availability data
MonthAvailability percentage
August 202679.772%
September 202690.375%
October 202692.333%
November 202692.333%
December 202690.701%
January 202787.765%
This chart shows availability over 6 months. Highest availability is in October 2026 at 92%, lowest in August 2026 at 80%.

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€817
Price range 1€1,167
Price range 2€1,517
Price range 3€1,867
Price range 4€2,217
Price range 5€2,567
Price range 6€2,917
Price range 7€3,267
Price range 8€3,617
Price range 9€3,967
Price range 10€4,317
Price range 11€4,667
Price range 12€5,017
Price range 13€5,367
Price range 14€5,717
Higher price range€6,067
Total properties487
This map shows 487 properties across 53 areas. Prices range from €817 to €5,738.

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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
Publish your accommodation on Erasmus Play

Frequently Asked Questions

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

The average price for a private room in Chicago is €1,218 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 €1,864 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 €1,387 per month. Residences and colivings often include utilities and common areas.

How many accommodations are available in Chicago?

There are currently 183 accommodations available in Chicago. Looking ahead, 602 will be available in 6 months and 607 in 12 months. Availability changes daily, so we recommend checking regularly.