
New Luxury Apartments for Rent in Chicago, IL (340 Rentals) Page 5 of 7
The most luxurious Apartments in Chicago with high-end amenities, features, and finishes.


3720 N. Ashland Avenue

1545 W. North Ave.

1728 W. Division

The Western

ILUX

Wolf Point East

606 Blue

NEW - Arthurs of Old Town Apartments

3647 N Southport Ave

963 W Montana St

1553 N Wells St

The Grace

Moment

2124 S Halsted

Viridian on Sheridan

2740 N Spaulding Ave

OA Lux

6700NORTH

2823 W Belmont Ave

Lincoln Flats

Duet

Sienna Chicago

Residences at Addison Clark

2145 S. Halsted

1647 N. Milwaukee

Optima Signature

Southport Gateway Apartments

Wells Place Apartments

3101 N Milwaukee Ave

HIGHPOINT Wicker Park

The Anderson

Reside on Jackson

Optima Lakeview

1318 N Western Ave

3207 N Lawndale Ave

1606 S Ashland Ave

Wrigleyville Lofts

4725 N Western Ave

851 West

2405 W Hutchinson St

No. 508

Abode 1214

HIGHPOINT West Loop

1241 N. Milwaukee

The Grand Logan Lodge

The Topaz

3118 N Greenview

1337 W. Walton

913 School
Chicago, IL Local Guide

How much does it cost to rent an apartment in Chicago?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chicago Studio Apartments | $2,056 | $595 | $9,999 |
| Chicago 1 Bedroom Apartments | $2,461 | $640 | $9,168 |
| Chicago 2 Bedroom Apartments | $3,069 | $762 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,738 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments | $4,081 | $1,025 | $10,000+ |
| Chicago 5 Bedroom Apartments | $5,445 | $2,995 | $10,000+ |
| Chicago 6 Bedroom Apartments | $16,894 | $7,000 | $10,000+ |
Browse Top Apartments in Chicago
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Chicago, IL Area Reviews
Nicole • 4+ years in Chicago
April 10, 2026Big city challenges with traffic but also provides the amenities of the city you can't find elsewhere
Frequently Asked Questions about New Chicago Apartments
What is the Cheapest New apartment in Chicago?
Currently the most affordable New Apartment in Chicago is at Stephen's Commons- Senior Living-Age 62+ listed at $595.
How much is the average rent for a New Chicago Apartment?
The average rent for a New Apartment in Chicago is $4,076.
What is the largest New Chicago Apartment for rent?
Today's New apartment with the most square footage in Chicago is a 4,425 square feet unit starting from $2,258 at 369 Grand by Onni.
What is the average size for Chicago New Apartments for rent?
The average size for a New rental in Chicago is currently at 648 sq ft.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
Written by: Nicole Harms
When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
Written by: Nicole Harms
I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Written by: Nicole Harms
Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Written by: Nicole Harms
From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
Articles, How-To's, and Tips

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.