BY THE NUMBERS
CHICAGO—Apartment rental rates in Chicago rose in 2017, but at a slower pace than the nation as a whole. The average rate in Chicago went up to $1,782 by the end of the year, an increase of 1.8%, according to a new study from Rent Café. US renters are paying an average of $1,359 per month as of December 2017, $33 more than in December 2016, an increase of 2.5%. Another recovering housing market, Detroit, saw rent prices go up to $1,001 per month, a 5.6% increase, one of the highest in the nation.
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
