Chicago

Chicagoist: Chicago Falls Out of the Top 10 Most Expensive Cities Ranking

Renting a one bedroom in the Windy City still falls above the national average in terms of monthly rates.

When it comes to average rents, Chicago ranks above the national average. But according to a new Zumper report cited by Chicagoist, the Windy City is no longer one of the top 10 most expensive cities to rent a one bedroom apartment in the country.

Right now, the median rental price for a one-bedroom apartment in Chicago is $1,770, compared to the national average of $1,164. However, that rate is enough to knock the city down to the 11th spot on the list of most expensive cities to rent an apartment. Honolulu now rounds out the top 10 with a median monthly rent of $1,780.

Although Chicago may be getting more affordable overall, there are some areas of the city that are more expensive than others. Renting an apartment in River North, for example, costs an average of $2,175 per month. The West Loop and Streeterville are also going to cost enters more in the foreseeable future.

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