Presidential Towers
555 W Madison St,
Chicago, IL 60661
$1,525 - $9,080 | Studio - 2 Beds
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.
Downtown Chicago's popular Riverwalk
Aerial view of Downtown Chicago at dusk
As of January 2025, the average apartment rent in Downtown Chicago is $2,094 for a studio, $2,617 for one bedroom, $3,747 for two bedrooms, and $5,281 for three bedrooms. Apartment rent in Downtown Chicago has decreased by -0.2% in the past year.
Studio
534 sq ft
Average Sq Ft
$2,094/month
Average Rent
1 BR
748 sq ft
Average Sq Ft
$2,617/month
Average Rent
2 BR
1,115 sq ft
Average Sq Ft
$3,747/month
Average Rent
3 BR
1,423 sq ft
Average Sq Ft
$5,281/month
Average Rent
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