Last updated
Average Rent in Sheffield & DePaul & Rent Trends
Rent prices and market trends across 14 apartment communities in Sheffield & DePaul, Chicago, IL. Updated daily.
Market Average
$3,637/mo
▲ +16% from last month
Lowest Available
$1,815/mo
cheapest unit on market
Communities
14
tracked daily
Units Listed
79
available now
Price Cuts This Week in Sheffield & DePaul
26 listed units across 7 buildings offering 1 bed units in Sheffield & DePaul dropped their asking rent in the past 7 days, an average cut of $218/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Beachwalk Apartments | Unit 12 | $3,434 | $1,807 | $1,627 |
| Beachwalk Apartments | Unit 15 | $3,434 | $1,807 | $1,627 |
| The Belden-Stratford | Unit 7, 1 Bedroom 09 | $4,800 | $4,324 | $476 |
| 2555 N Clark | Unit 2 | $3,266 | $2,883 | $383 |
| The Belden-Stratford | Unit 13, 1 Bedroom 15 | $4,244 | $4,055 | $189 |
| Park Lincoln by Reside | Unit 7 | $3,136 | $2,996 | $140 |
| The Belden-Stratford | Unit 17, 2 Bedroom 01 | $8,974 | $8,855 | $119 |
| Elevate Lincoln Park Apartments | Unit 415, A2 | $4,396 | $4,310 | $86 |
Sheffield & DePaul vs Chicago, IL Average
Sheffield & DePaul is more expensive than the Chicago, IL average by $709/mo (24%). The citywide average is $2,928/mo across all neighborhoods.
Is Rent Going Up or Down in Sheffield & DePaul?
As of August 2026, the average rent in Sheffield & DePaul is $3,637 per month across 14 apartment communities and 79 available units. Rents have increased $454 (16%) over the past month.
The most affordable option is Beachwalk Apartments starting at $1,815/mo. By unit type, a 1-bedroom averages $3,637/mo.
Prices range from $1,815 to $5,779 per month. The most common price point is the $4,400 range, where 18 units are currently listed.
Sheffield & DePaul Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| April 2026 | $2,814 | - | 5 |
| May 2026 | $2,773 | -$41 | 11 |
| June 2026 | $2,885 | +$112 | 12 |
| July 2026 | $2,861 | -$24 | 13 |
| August 2026 | $3,142 | +$281 | 14 |
The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.
Rent Price Distribution
Rent by Bedroom Type in Sheffield & DePaul
Rent Prices by Apartment in Sheffield & DePaul
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Beachwalk Apartments | $1,815/mo | $1,815/mo | 1 | 4.3 |
| Lincoln Park Plaza | $2,400/mo | $2,400/mo | 1 | 4.2 |
| Reside at 2727 | $2,403/mo | $2,403/mo | 1 | 4.6 |
| Park View Apartments | $2,500/mo | $2,500/mo | 1 | 3.9 |
| 2555 N Clark | $2,560/mo | $2,842/mo | 3 | 4.4 |
| Webster House Apartments | $2,600/mo | $2,745/mo | 10 | 4.9 |
| Triangle Square Apartments | $2,677/mo | $2,938/mo | 5 | 4.3 |
Frequently Asked Questions About Rent in Sheffield & DePaul
What is the average rent in Sheffield & DePaul?
Is rent going up or down in Sheffield & DePaul?
What is the cheapest apartment in Sheffield & DePaul?
How much is a 1-bedroom apartment in Sheffield & DePaul?
How many apartments are available in Sheffield & DePaul?
What salary do I need to live comfortably in Sheffield & DePaul?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$145,000/year
Based on the 30 percent rule, using our tracked average rent of $3,637/mo.
Comfortable income
$175,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,815/mo), you need to earn at least $73,000/year.
Median household income in Sheffield & DePaul is $75,134 , about 57% below the comfortable-living threshold.
Cost of living in Sheffield & DePaul
Overall prices in Sheffield & DePaul runs above the national average by about 2% (BEA Regional Price Parity index 102.5, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Sheffield & DePaul's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $3,637 |
| Utilities | $477 |
| Groceries | $563 |
| Transportation | $1,138 |
| Healthcare | $555 |
| Other goods and services | $888 |
| Estimated total | $7,258/mo |
Population
2,707,648
Median household income
$75,134
Census median rent
$1,380/mo
Rent as % of income
29.0%
Median age
35.7
Mean commute
34 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Sheffield & DePaul Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Sheffield & DePaul Apartments
Browse all 14 communities with daily-updated pricing and availability.