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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 €2,626 All data is current as of today, August 15, 2026.

Median price

€1,827

Rentals available today

155

Number of accommodations

504

Occupancy rate

69.25%

Source: Erasmus Play data

Rental price range in Chicago

Rental price range - Price distribution data
Price rangeNumber of accommodations
€600-€70010
€700-€8009
€800-€90013
€900-€1,00018
€1,000-€1,10030
€1,100-€1,20018
€1,200-€1,30016
€1,300-€1,40022
€1,400-€1,50011
€1,500-€1,60013
€1,600-€1,70016
€1,700-€1,80011
€1,800-€1,90015
€1,900-€2,0004
€2,000-€2,1005
€2,100-€2,2006
€2,200-€2,3001
€2,300-€2,4003
€2,400-€2,5003
€2,500-€2,6001
€2,700-€2,8003
€2,800-€2,9005
€2,900-€3,0006
€3,000-€3,1001
€3,100-€3,2002
€3,200-€3,3003
€3,300-€3,4003
€3,400-€3,5004
€3,500-€3,6003
€3,600+176
Total431
This chart shows 431 accommodations distributed across price ranges from €600 to €3,700. The most common price range is €3,600+ with 176 accommodations.

Availability for the next 6 months

Availability for the next 6 months - Availability data
MonthAvailability percentage
September 202683.135%
October 202696.825%
November 202696.627%
December 202696.23%
January 202792.857%
February 202792.262%
This chart shows availability over 6 months. Highest availability is in October 2026 at 97%, lowest in September 2026 at 83%.

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€787
Price range 1€1,087
Price range 2€1,387
Price range 3€1,687
Price range 4€1,987
Price range 5€2,287
Price range 6€2,587
Price range 7€2,887
Price range 8€3,187
Price range 9€3,487
Price range 10€3,787
Price range 11€4,087
Price range 12€4,387
Price range 13€4,687
Higher price range€4,987
Total properties390
This map shows 390 properties across 45 areas. Prices range from €787 to €4,986.

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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 €1,182 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 €1,574 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 €1,357 per month. Residences and colivings often include utilities and common areas.

How many accommodations are available in Chicago?

There are currently 155 accommodations available in Chicago. Looking ahead, 498 will be available in 6 months and 503 in 12 months. Availability changes daily, so we recommend checking regularly.