Airbnb Pricing in Chicago, IL
Chicago's extreme seasonality (brutal winters, vibrant summers) creates massive pricing swings. Lollapalooza is the top demand driver. Lakefront and downtown locations command premiums.
69% avg occupancy+2% YoY ADR6 key neighborhoods
Average Nightly Rates in Chicago
Base rates by property type. Adjust for season, events, and amenities.
| Property Type | Avg Rate | This Month |
|---|---|---|
| Studio | $100 | $90 |
| 1 Bedroom | $140 | $126 |
| 2 Bedrooms | $200 | $180 |
| 3 Bedrooms | $280 | $252 |
| 4+ Bedrooms | $400 | $360 |
| Private Room | $65 | $59 |
Seasonal Pricing Trends
Monthly demand multipliers. 1.0x = average, above = high demand.
0.6xJan
0.65xFeb
0.8xMar
0.9xApr
1.05xMay
1.25xJun
1.3xJul
1.25xAug
1.15xSep
1xOct
0.8xNov
0.7xDec
High season Average Low season Current month
Events That Affect Pricing
Major events in Chicago that drive short-term rental demand.
Lollapalooza
Aug · Book 45+ days ahead
Chicago Marathon
Oct · Book 30+ days ahead
Taste of Chicago
Jul · Book 14+ days ahead
MLB Opening Day (Cubs/Sox)
Apr · Book 7+ days ahead
Top Neighborhoods in Chicago
Loop/DowntownWicker ParkLincoln ParkRiver NorthLakeview/WrigleyvilleWest Loop
Get Your Price
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Market Snapshot
- Avg Occupancy
- 69%
- YoY ADR Change
- +2%
- Supply Growth
- +4%
- Season (now)
- 0.9x