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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

The cost of an average rent in Chicago for all rental types is €1,863 All data is current as of today, March 18, 2026.

Median price

€1,243

Rentals available today

139

Number of accommodations

348

Occupancy rate

60.06%

Source: Erasmus Play data

Rental price range

Rental price range - Price distribution data
Price rangeNumber of accommodations
€600-€70014
€700-€80013
€800-€90019
€900-€1,00035
€1,000-€1,10036
€1,100-€1,20019
€1,200-€1,30017
€1,300-€1,40012
€1,400-€1,5005
€1,500-€1,6009
€1,600-€1,7005
€1,700-€1,8006
€1,800-€1,9005
€1,900-€2,0004
€2,000-€2,1002
€2,100-€2,2004
€2,200-€2,3003
€2,300-€2,4003
€2,400+95
Total306
This chart shows 306 accommodations distributed across price ranges from €600 to €2,500. The most common price range is €2,400+ with 95 accommodations.

Availability for the next 6 months

Availability for the next 6 months - Availability data
MonthAvailability percentage
April 202673.276%
May 202682.471%
June 202685.345%
July 202681.609%
August 202690.805%
September 202691.092%
This chart shows availability over 6 months. Highest availability is in September 2026 at 91%, lowest in April 2026 at 73%.

Real-time Price Visualization

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€846
Price range 1€1,046
Price range 2€1,246
Price range 3€1,446
Price range 4€1,646
Price range 5€1,846
Price range 6€2,046
Price range 7€2,246
Price range 8€2,446
Price range 9€2,646
Price range 10€2,846
Price range 11€3,046
Price range 12€3,246
Price range 13€3,446
Higher price range€3,646
Total properties212
This map shows 212 properties across 33 areas. Prices range from €846 to €3,544.

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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 €1,036 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 €1,733 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 €1,339 per month. Residences and colivings often include utilities and common areas.

How many accommodations are available in Chicago?

There are currently 139 accommodations available in Chicago. Looking ahead, 339 will be available in 6 months and 346 in 12 months. Availability changes daily, so we recommend checking regularly.