
Luxury Apartments for Rent in the Downtown Chicago Neighborhood of Chicago, IL (677 Rentals)
The most luxurious Apartments in the Downtown Chicago area of Chicago with high-end amenities, features, and finishes.


Shoreham and Tides

The Scott Residences

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Flora

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Millie On Michigan

Cascade

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AMLI West Loop

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Marlowe

NEMA Chicago

ONE Old Town Park
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

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Spoke

Residences at 8 East Huron

Century Tower

Marquee at Block 37

Xavier

The Archer

Two West Delaware

Circa 922

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Luxe on Madison

North Water Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Arrive South Loop

Arrive Streeterville

The Shelby

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AMLI Lofts

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AMLI River North

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Hubbard Place

Coast at Lakeshore East

Echelon Chicago

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One Superior Place

North Harbor Tower
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

ReNew Waterside

The Streeter

Aqua at Lakeshore East

MDA Apartments

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The 808 Cleveland

Arrive Michigan Avenue

21 E Chestnut

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1001 South State

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Next Apartments

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West77 Apartments
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

The Seneca Apartments

Astoria Tower

Fisher Building Apartments

14 West Elm Apartments

750 N. Rush

Sentral Michigan Avenue

River West Lofts

Prairie Shores

The Station Lofts

868 N. Wells
Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms
Downtown Chicago, Chicago, IL Local Guide

How much does it cost to rent an apartment in Downtown Chicago?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Chicago Studio Apartments | $2,385 | $1,105 | $5,225 |
| Downtown Chicago 1 Bedroom Apartments | $2,947 | $800 | $10,000+ |
| Downtown Chicago 2 Bedroom Apartments | $4,111 | $1,200 | $10,000+ |
| Downtown Chicago 3 Bedroom Apartments | $6,117 | $1,065 | $10,000+ |
| Downtown Chicago 4 Bedroom Apartments | $2,968 | $1,040 | $10,000+ |
| Downtown Chicago 5 Bedroom Apartments | $11,899 | $2,800 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 677 rentals with your search options within a 2 mile radius of the Downtown Chicago Neighborhood of Chicago, IL.
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Downtown Chicago, Chicago, IL Local Guide
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleBest Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Downtown Chicago, Chicago, IL
South Loop Elementary School
Jones College Prep High School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including Downtown Chicago, Chicago, and the greater Chicago area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and the best outdoor access, transit availability, pet-friendly communities, family-friendliness, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.
Luxury Living Rating
This section of town ranks as one of the A-list high-end submarkets in town, with a score of 4.0 out of 4. Luxury Lifestyle Scoring is based on having high-end community amenities like pools, saunas, workout spaces, proximity to great shopping areas, park access, and quartz countertops in the kitchen with high-end appliances. Luxury communities also often offer tile or hardwood floors, sports like tennis and raquetball, and a full-time security staff or doorman.
Frequently Asked Questions about Downtown Chicago
How much are Studio apartments in Downtown Chicago?
There are currently 830 Studio Apartments in Downtown Chicago with rent ranges from $1,105 to $5,225 with an average price of $2,385.
What is the current price range for One Bedroom Downtown Chicago Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Downtown Chicago ranges from $800 to $15,732 with an average monthly rent of $2,947.
What does renting a Two Bedroom Apartment in Downtown Chicago cost?
The monthly rent prices of Two Bedroom Apartments currently available in Downtown Chicago range from $1,200 to $19,265. Today's average rental price for Two Bedrooms here is $4,111.
How expensive are Downtown Chicago Three Bedroom Apartments?
There are currently 587 Three Bedroom Apartments listings available in Downtown Chicago on ApartmentHomeLiving.com. The pricing ranges from $1,065 to $38,481 - averaging $6,117 for the location.
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

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
Written by: Nicole Harms
I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
Written by: Nicole Harms
With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

Best Neighborhoods to Rent in Near Chicago's Top Employers
Written by: Nicole Harms
Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.