Chicago Real Estate Prices per Square Foot
Buy prices, rent prices, historical development and submitted values for Chicago, IL.
Average buy price
$304.00 / sqft
Typical residential purchase price per square foot.
Average rent
$2.95 / sqft / month
Monthly rent per square foot.
Median home price
$420,000
Estimated median residential sale price.
Median monthly rent
$2,250
Estimated median rent for the city.
Historical price development
Buy price development
Buy prices have increased by about 230.4% across the available history.
Rent price development
Rent prices have increased by about 173.1% across the available history.
Submitted values in Chicago
This table includes individual submitted values and historical market-average values, so the local price development is easier to compare.
| Date | Type | Property | Price / sqft | Size | Total | Area |
|---|---|---|---|---|---|---|
| 2026-06-29 | Buy | condo | $575.00 / sqft | 1,400 sqft | $805,000 | Old Town 60610 |
| 2026-06-29 | Buy history | Market average | $304.00 / sqft | n/a | n/a | Chicago, IL |
| 2026-06-29 | Rent history | Market average | $2.95 / sqft / month | n/a | n/a | Chicago, IL |
| 2026-06-27 | Buy | condo | $520.00 / sqft | 1,250 sqft | $650,000 | Lincoln Park 60614 |
| 2026-06-26 | Buy | luxury apartment | $495.00 / sqft | 1,600 sqft | $792,000 | Near South Side 60605 |
| 2026-06-22 | Buy | townhouse | $285.00 / sqft | 1,900 sqft | $541,500 | Bronzeville 60653 |
| 2026-06-21 | Buy | single-family home | $135.00 / sqft | 1,700 sqft | $229,500 | Chatham 60619 |
| 2026-06-20 | Rent | duplex | $1.96 / sqft | 1,350 sqft | $2,646 | Bridgeport 60608 |
| 2026-06-17 | Buy | luxury apartment | $640.00 / sqft | 1,050 sqft | $672,000 | River North 60654 |
| 2026-06-17 | Buy | single-family home | $365.00 / sqft | 2,400 sqft | $876,000 | Logan Square 60647 |
| 2026-06-15 | Buy | multi-family home | $335.00 / sqft | 3,600 sqft | $1,206,000 | Wicker Park 60622 |
| 2026-06-08 | Rent | townhouse | $2.10 / sqft | 1,450 sqft | $3,045 | Bronzeville 60653 |
| 2026-06-07 | Buy | townhouse | $435.00 / sqft | 2,300 sqft | $1,000,500 | Roscoe Village 60657 |
| 2026-06-06 | Buy | condo | $210.00 / sqft | 1,150 sqft | $241,500 | Albany Park 60625 |
| 2026-06-05 | Rent | apartment | $1.55 / sqft | 700 sqft | $1,085 | South Shore 60649 |
| 2026-06-05 | Rent | apartment | $2.35 / sqft | 700 sqft | $1,645 | Hyde Park 60615 |
| 2026-06-04 | Buy | luxury apartment | $610.00 / sqft | 1,800 sqft | $1,098,000 | Lake View 60657 |
| 2026-06-01 | Rent | townhouse | $2.90 / sqft | 1,800 sqft | $5,220 | North Center 60618 |
| 2026-05-20 | Rent | apartment | $2.05 / sqft | 760 sqft | $1,558 | Portage Park 60641 |
| 2026-05-19 | Rent | apartment | $4.20 / sqft | 650 sqft | $2,730 | River North 60654 |
| 2026-05-14 | Buy | single-family home | $220.00 / sqft | 1,900 sqft | $418,000 | Garfield Ridge 60638 |
| 2026-05-13 | Rent | luxury apartment | $4.00 / sqft | 1,050 sqft | $4,200 | West Loop 60607 |
| 2026-05-13 | Rent | loft | $2.55 / sqft | 980 sqft | $2,499 | Pilsen 60608 |
| 2026-05-11 | Buy | townhouse | $295.00 / sqft | 1,650 sqft | $486,750 | Bridgeport 60608 |
| 2026-05-10 | Buy | loft | $560.00 / sqft | 1,100 sqft | $616,000 | West Loop 60607 |
| 2026-05-07 | Rent | apartment | $2.35 / sqft | 780 sqft | $1,833 | Avondale 60618 |
| 2026-05-07 | Rent | apartment | $2.56 / sqft | 625 sqft | $1,600 | Uptown 60640 |
| 2026-05-05 | Buy | single-family home | $245.00 / sqft | 2,100 sqft | $514,500 | Portage Park 60641 |
| 2026-05-04 | Buy | condo | $290.00 / sqft | 1,000 sqft | $290,000 | Uptown 60640 |
| 2026-05-04 | Buy | duplex | $265.00 / sqft | 2,200 sqft | $583,000 | Pilsen 60608 |
| 2026-05-02 | Rent | luxury apartment | $3.80 / sqft | 1,100 sqft | $4,180 | Wicker Park 60622 |
| 2026-05-01 | Rent | townhouse | $2.65 / sqft | 1,500 sqft | $3,975 | Little Italy 60607 |
| 2026-04-30 | Buy | single-family home | $105.00 / sqft | 1,450 sqft | $152,250 | Englewood 60621 |
| 2026-04-23 | Rent | apartment | $3.65 / sqft | 900 sqft | $3,285 | Lincoln Park 60614 |
| 2026-04-20 | Rent | single-family home | $1.75 / sqft | 2,200 sqft | $3,850 | Beverly 60643 |
| 2026-04-20 | Rent | apartment | $3.00 / sqft | 850 sqft | $2,550 | Logan Square 60647 |
| 2026-04-20 | Buy | multi-family home | $125.00 / sqft | 3,200 sqft | $400,000 | Austin 60644 |
| 2026-04-19 | Rent | luxury apartment | $4.50 / sqft | 1,200 sqft | $5,400 | Gold Coast 60610 |
| 2026-04-18 | Rent | apartment | $3.75 / sqft | 680 sqft | $2,550 | Old Town 60610 |
| 2026-04-18 | Rent | single-family home | $1.35 / sqft | 1,600 sqft | $2,160 | Chatham 60619 |
| 2026-04-18 | Rent | luxury apartment | $4.10 / sqft | 720 sqft | $2,952 | Loop 60601 |
| 2026-04-17 | Buy | condo | $245.00 / sqft | 950 sqft | $232,750 | Hyde Park 60615 |
| 2026-04-16 | Buy | condo | $255.00 / sqft | 875 sqft | $223,125 | Edgewater 60660 |
| 2026-04-15 | Rent | apartment | $2.05 / sqft | 720 sqft | $1,476 | Albany Park 60625 |
| 2026-04-15 | Buy | condo | $145.00 / sqft | 900 sqft | $130,500 | South Shore 60649 |
| 2026-04-15 | Buy | condo | $205.00 / sqft | 820 sqft | $168,100 | Rogers Park 60626 |
| 2026-04-14 | Buy | duplex | $310.00 / sqft | 2,500 sqft | $775,000 | Avondale 60618 |
| 2026-04-12 | Rent | apartment | $3.20 / sqft | 950 sqft | $3,040 | South Loop 60605 |
| 2026-04-12 | Rent | apartment | $2.04 / sqft | 650 sqft | $1,326 | Rogers Park 60626 |
| 2026-04-11 | Rent | condo | $2.85 / sqft | 900 sqft | $2,565 | Andersonville 60640 |
| 2026-04-07 | Rent | condo | $2.45 / sqft | 800 sqft | $1,960 | Edgewater 60660 |
| 2026-04-07 | Buy | single-family home | $390.00 / sqft | 2,800 sqft | $1,092,000 | Andersonville 60640 |
| 2026-04-06 | Buy | single-family home | $235.00 / sqft | 3,100 sqft | $728,500 | Beverly 60643 |
| 2026-04-05 | Rent | condo | $3.36 / sqft | 775 sqft | $2,604 | Lake View 60657 |
| 2025-12-31 | Buy history | Market average | $288.00 / sqft | n/a | n/a | Chicago, IL |
| 2025-12-31 | Rent history | Market average | $2.90 / sqft / month | n/a | n/a | Chicago, IL |
| 2024-12-31 | Buy history | Market average | $275.00 / sqft | n/a | n/a | Chicago, IL |
| 2024-12-31 | Rent history | Market average | $2.86 / sqft / month | n/a | n/a | Chicago, IL |
| 2023-12-31 | Buy history | Market average | $258.00 / sqft | n/a | n/a | Chicago, IL |
| 2023-12-31 | Rent history | Market average | $2.78 / sqft / month | n/a | n/a | Chicago, IL |
| 2022-12-31 | Buy history | Market average | $242.00 / sqft | n/a | n/a | Chicago, IL |
| 2022-12-31 | Rent history | Market average | $2.66 / sqft / month | n/a | n/a | Chicago, IL |
| 2021-12-31 | Buy history | Market average | $216.00 / sqft | n/a | n/a | Chicago, IL |
| 2021-12-31 | Rent history | Market average | $2.42 / sqft / month | n/a | n/a | Chicago, IL |
| 2020-12-31 | Buy history | Market average | $199.00 / sqft | n/a | n/a | Chicago, IL |
| 2020-12-31 | Rent history | Market average | $2.26 / sqft / month | n/a | n/a | Chicago, IL |
| 2019-12-31 | Buy history | Market average | $191.00 / sqft | n/a | n/a | Chicago, IL |
| 2019-12-31 | Rent history | Market average | $2.32 / sqft / month | n/a | n/a | Chicago, IL |
| 2018-12-31 | Buy history | Market average | $185.00 / sqft | n/a | n/a | Chicago, IL |
| 2018-12-31 | Rent history | Market average | $2.24 / sqft / month | n/a | n/a | Chicago, IL |
| 2017-12-31 | Buy history | Market average | $178.00 / sqft | n/a | n/a | Chicago, IL |
| 2017-12-31 | Rent history | Market average | $2.16 / sqft / month | n/a | n/a | Chicago, IL |
| 2016-12-31 | Buy history | Market average | $170.00 / sqft | n/a | n/a | Chicago, IL |
| 2016-12-31 | Rent history | Market average | $2.08 / sqft / month | n/a | n/a | Chicago, IL |
| 2015-12-31 | Buy history | Market average | $162.00 / sqft | n/a | n/a | Chicago, IL |
| 2015-12-31 | Rent history | Market average | $2.00 / sqft / month | n/a | n/a | Chicago, IL |
| 2014-12-31 | Buy history | Market average | $154.00 / sqft | n/a | n/a | Chicago, IL |
| 2014-12-31 | Rent history | Market average | $1.92 / sqft / month | n/a | n/a | Chicago, IL |
| 2013-12-31 | Buy history | Market average | $143.00 / sqft | n/a | n/a | Chicago, IL |
| 2013-12-31 | Rent history | Market average | $1.85 / sqft / month | n/a | n/a | Chicago, IL |
| 2012-12-31 | Buy history | Market average | $133.00 / sqft | n/a | n/a | Chicago, IL |
| 2012-12-31 | Rent history | Market average | $1.79 / sqft / month | n/a | n/a | Chicago, IL |
| 2011-12-31 | Buy history | Market average | $137.00 / sqft | n/a | n/a | Chicago, IL |
| 2011-12-31 | Rent history | Market average | $1.74 / sqft / month | n/a | n/a | Chicago, IL |
| 2010-12-31 | Buy history | Market average | $145.00 / sqft | n/a | n/a | Chicago, IL |
| 2010-12-31 | Rent history | Market average | $1.69 / sqft / month | n/a | n/a | Chicago, IL |
| 2009-12-31 | Buy history | Market average | $154.00 / sqft | n/a | n/a | Chicago, IL |
| 2009-12-31 | Rent history | Market average | $1.67 / sqft / month | n/a | n/a | Chicago, IL |
| 2008-12-31 | Buy history | Market average | $168.00 / sqft | n/a | n/a | Chicago, IL |
| 2008-12-31 | Rent history | Market average | $1.70 / sqft / month | n/a | n/a | Chicago, IL |
| 2007-12-31 | Buy history | Market average | $180.00 / sqft | n/a | n/a | Chicago, IL |
| 2007-12-31 | Rent history | Market average | $1.67 / sqft / month | n/a | n/a | Chicago, IL |
| 2006-12-31 | Buy history | Market average | $185.00 / sqft | n/a | n/a | Chicago, IL |
| 2006-12-31 | Rent history | Market average | $1.63 / sqft / month | n/a | n/a | Chicago, IL |
| 2005-12-31 | Buy history | Market average | $178.00 / sqft | n/a | n/a | Chicago, IL |
| 2005-12-31 | Rent history | Market average | $1.57 / sqft / month | n/a | n/a | Chicago, IL |
| 2004-12-31 | Buy history | Market average | $164.00 / sqft | n/a | n/a | Chicago, IL |
| 2004-12-31 | Rent history | Market average | $1.50 / sqft / month | n/a | n/a | Chicago, IL |
| 2003-12-31 | Buy history | Market average | $150.00 / sqft | n/a | n/a | Chicago, IL |
| 2003-12-31 | Rent history | Market average | $1.44 / sqft / month | n/a | n/a | Chicago, IL |
| 2002-12-31 | Buy history | Market average | $138.00 / sqft | n/a | n/a | Chicago, IL |
| 2002-12-31 | Rent history | Market average | $1.38 / sqft / month | n/a | n/a | Chicago, IL |
| 2001-12-31 | Buy history | Market average | $128.00 / sqft | n/a | n/a | Chicago, IL |
| 2001-12-31 | Rent history | Market average | $1.33 / sqft / month | n/a | n/a | Chicago, IL |
| 2000-12-31 | Buy history | Market average | $120.00 / sqft | n/a | n/a | Chicago, IL |
| 2000-12-31 | Rent history | Market average | $1.28 / sqft / month | n/a | n/a | Chicago, IL |
| 1999-12-31 | Buy history | Market average | $112.00 / sqft | n/a | n/a | Chicago, IL |
| 1999-12-31 | Rent history | Market average | $1.23 / sqft / month | n/a | n/a | Chicago, IL |
| 1998-12-31 | Buy history | Market average | $105.00 / sqft | n/a | n/a | Chicago, IL |
| 1998-12-31 | Rent history | Market average | $1.19 / sqft / month | n/a | n/a | Chicago, IL |
| 1997-12-31 | Buy history | Market average | $99.00 / sqft | n/a | n/a | Chicago, IL |
| 1997-12-31 | Rent history | Market average | $1.15 / sqft / month | n/a | n/a | Chicago, IL |
| 1996-12-31 | Buy history | Market average | $95.00 / sqft | n/a | n/a | Chicago, IL |
| 1996-12-31 | Rent history | Market average | $1.11 / sqft / month | n/a | n/a | Chicago, IL |
| 1995-12-31 | Buy history | Market average | $92.00 / sqft | n/a | n/a | Chicago, IL |
| 1995-12-31 | Rent history | Market average | $1.08 / sqft / month | n/a | n/a | Chicago, IL |
Housing market overview for Chicago, IL
The real estate market in Chicago, IL can be compared more clearly by looking at price per square foot. Current estimates show an average buy price of $304.00 / sqft and an average rent of $2.95 / sqft / month.
Buyers can use the purchase price per square foot to compare homes, condos and apartments of different sizes. Renters can use monthly rent per square foot to compare different rental listings more accurately.
The reported values on this page show how prices can vary by neighborhood, property type, size and condition. Historical values help explain whether the local market has been rising, stable or cooling.
Frequently asked questions
What is the average home price per square foot in Chicago?
The average residential buy price in Chicago, IL is $304.00 / sqft based on the current values available on this page.
How much is rent per square foot in Chicago?
The average rental price in Chicago, IL is $2.95 / sqft / month. Actual rents can vary by neighborhood, property type and building quality.
Are property prices in Chicago increasing?
Based on the available historical values, buy prices have increased by about 230.4%.