Average rent in Medical District, Chicago
The median asking rent in Medical District is $2,518 a month and the average is $2,641, based on 92 apartments available in 7 buildings as of September 21, 2026. By size, the median is $2,108 for a studio, $2,355 for a 1 bedroom, $3,129 for a 2 bedroom, $3,418 for a 3 bedroom.
That is 9% below the Chicago median of $2,754, which covers 5,718 available apartments in 374 buildings.
Medical District rent by apartment size
| Size | Median | Average | Range | Avg sq ft | Available |
|---|---|---|---|---|---|
| Studio | $2,108 | $2,251 | $1,962–$3,085 | 518 | 17 |
| 1 bedroom | $2,355 | $2,423 | $2,030–$2,771 | 677 | 46 |
| 2 bedroom | $3,129 | $3,205 | $2,637–$3,699 | 1,043 | 25 |
| 3 bedroom | $3,418 | $3,630 | $3,372–$4,100 | 1,140 | 3 |
| All sizes | $2,518 | $2,641 | 92 |
Asking rent is the listed monthly price before any move-in special. Only apartments available right now are counted. See how we measure rent.
How Medical District compares
| Neighborhood | Median | Studio | 1 bedroom | 2 bedroom |
|---|---|---|---|---|
| Medical District | $2,518 | $2,108 | $2,355 | $3,129 |
| West Loop | $2,813 | $2,360 | $2,889 | $4,116 |
| River North | $3,070 | $2,577 | $2,994 | $4,413 |
| South Loop | $2,856 | $2,378 | $2,755 | $3,495 |
| Streeterville | $3,206 | $2,654 | $3,079 | $4,502 |
| Gold Coast | $2,584 | $2,089 | $2,624 | $4,418 |
| Fulton Market | $3,271 | $2,476 | $3,177 | $4,407 |
| The Loop | $2,873 | $2,415 | $3,006 | $4,317 |
| Old Town | $3,129 | $2,605 | $3,084 | $4,354 |
| Uptown | $2,195 | $1,750 | $2,385 | $3,593 |
| Lakeshore East | $3,101 | $2,499 | $3,111 | $4,450 |
Frequently asked
What is the average rent in Medical District?
The median asking rent in Medical District is $2,518 a month and the average is $2,641, based on 92 apartments available in 7 buildings as of September 21, 2026. By size, the median is $2,108 for a studio, $2,355 for a 1 bedroom, $3,129 for a 2 bedroom, $3,418 for a 3 bedroom.
How much is a studio apartment in Medical District?
The median asking rent for a studio in Medical District is $2,108 a month, ranging from $1,962 to $3,085 across 17 available units, with an average size of 518 square feet.
How much is a 1 bedroom apartment in Medical District?
The median asking rent for a 1 bedroom in Medical District is $2,355 a month, ranging from $2,030 to $2,771 across 46 available units, with an average size of 677 square feet.
How much is a 2 bedroom apartment in Medical District?
The median asking rent for a 2 bedroom in Medical District is $3,129 a month, ranging from $2,637 to $3,699 across 25 available units, with an average size of 1,043 square feet.
How much is a 3 bedroom apartment in Medical District?
The median asking rent for a 3 bedroom in Medical District is $3,418 a month, ranging from $3,372 to $4,100 across 3 available units, with an average size of 1,140 square feet.
Is Medical District more expensive than the rest of Chicago?
The median asking rent in Medical District is $2,518. That is 9% below the Chicago median of $2,754, which covers 5,718 available apartments in 374 buildings.
Where do these numbers come from?
Precise Rent reads each building's own published pricing and availability every morning and afternoon. These figures count only apartments that are available right now, at the listed monthly price before any move-in special.