Presidential Towers
555 W Madison St,
Chicago, IL 60661
$1,525 - $9,220 | Studio - 2 Beds
Downtown Chicago
Chicago, IL
Downtown Chicago - Chicago, IL
Area Guide
The best of Chicago at your doorstep
Walkable
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Arts
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Dining
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Shopping
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Museums
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Chicago’s reputation as one of America’s most distinctive cities owes a lot to the electric atmosphere and vibrant culture that defines Downtown Chicago. Iconic sites like Grant Park, Soldier Field, the Chicago Theatre, Navy Pier, and the Chicago Riverwalk are the most famous landmarks in Downtown, but that barely scratches the surface of what the neighborhood has to offer: dozens of theaters, live music venues, museums, and galleries fill the area, along with hundreds of shops and restaurants catering to every conceivable taste, plus the campuses of Columbia College Chicago, DePaul University, and the Art Institute of Chicago.
The Loop, Greektown, River North, and the Magnificent Mile are all nearby, easily reached by a short ride on the train. There’s no shortage of swanky apartments and condos in Downtown Chicago, but you can often find great deals on studios as well, allowing you to live in the heart of the action even if you’re on a budget.
Explore the Neighborhood
Downtown Chicago's popular Riverwalk
Aerial view of Downtown Chicago at dusk
Rent Trends
As of February 2025, the average apartment rent in Downtown Chicago is $2,142 for a studio, $2,656 for one bedroom, $3,834 for two bedrooms, and $5,297 for three bedrooms. Apartment rent in Downtown Chicago has increased by 1.3% in the past year.
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Studio
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535 sq ft
Average Sq Ft
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$2,142/month
Average Rent
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1 BR
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747 sq ft
Average Sq Ft
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$2,656/month
Average Rent
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2 BR
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1,115 sq ft
Average Sq Ft
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$3,834/month
Average Rent
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3 BR
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1,423 sq ft
Average Sq Ft
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$5,297/month
Average Rent
Points of Interest
Shopping Centers
Parks and Recreation
- Alliance for the Great Lakes
- Field Museum of Natural History
- Openlands
- Grant Park
- Millennium Park
Airports
- Chicago Midway International
- Chicago O'Hare International
Top Apartments in Downtown Chicago
Houses for Rent in Downtown Chicago
Property Management Companies
Greystar
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3,241
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895,668
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831
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Willow Bridge
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683
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186,188
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310
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AMC
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675
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130,131
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267
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RPM
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622
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163,714
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233
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FPI Management
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613
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104,407
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218
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Cushman & Wakefield
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563
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130,174
Units
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287
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