Old Town is one of Chicago’s most charming and historic neighborhoods, blending tree-lined streets with world-class entertainment and dining. Located just north of downtown, this vibrant community is home to the legendary Second City comedy club, the annual Old Town Art Fair, and countless boutique shops along Wells Street. With excellent CTA access via the Brown and Red Lines, Old Town offers the perfect mix of urban convenience and residential tranquility, making it a top choice for renters seeking character and culture.
Old Town’s housing stock includes beautifully preserved Victorian-era walk-ups, modern high-rise apartments, converted lofts, and charming two-flats with original architectural details.
Old Town’s dining and entertainment scene is legendary. Start your morning at Nookies, a beloved breakfast spot serving fluffy pancakes and hearty omelets since 1973. For dinner, head to Twin Anchors for their famous fall-off-the-bone ribs, or enjoy upscale Italian at Topo Gigio. Comedy lovers flock to The Second City, where comedy legends like Tina Fey and Stephen Colbert got their start, while Zanies offers another stellar stand-up venue. Shop for unique finds at House of Glunz, America’s oldest wine shop, or satisfy your sweet tooth at The Fudge Pot. The Old Town School of Folk Music hosts concerts and classes, and every June, the Old Town Art Fair transforms the neighborhood into an outdoor gallery attracting thousands of art enthusiasts.
The real estate in Old Town covers a wide range of styles and eras. You’ll find everything from classic three-story brownstones with wrap-around porches and original stained glass to sleek new construction condos with floor-to-ceiling windows and rooftop decks. Vintage walk-ups feature exposed brick walls, hardwood floors, and decorative fireplaces, while renovated coach houses offer private outdoor space. Modern luxury buildings provide amenities like fitness centers, door staff, and parking, while charming two-flats and courtyard buildings maintain the neighborhood’s historic character. Whether you’re seeking a cozy studio in a vintage greystone or a spacious three-bedroom with modern finishes, Old Town’s housing options cater to every lifestyle and budget.
Old Town has excellent transit and driving options:
Old Town continues to grow with new construction:
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Average rent in Old Town starts at approximately $1,800 for a studio to $3,200 for a 2-bedroom apartment. Prices vary depending on the building, amenities, and exact location within the neighborhood.
A historic neighborhood known for Second City comedy, Wells Street boutiques, and a perfect blend of classic charm and urban energy. Old Town is a popular choice for renters looking for apartments in Chicago.
Old Town is well-served by public transit. Key CTA stops include Brown Line Sedgwick and Red Line Clark/Division. These provide convenient access to downtown Chicago and surrounding neighborhoods.
Neighborhoods near Old Town include River North, Wicker Park, River West and Lakeview. Each of these neighborhoods has its own unique character and amenities, giving residents plenty of options for dining, shopping, and entertainment.
Yes. Landstar Realty Group offers a free apartment locator service in Old Town and across Chicago. Our agents help you find the right apartment at no cost to you — the landlord pays our fee. Contact us to start your search today.
241 apartments currently available for rent in Old Town.
| Unit Type | Price Range | Median Rent |
|---|---|---|
| Studio | $1,483 – $2,501 | $2,072 |
| 1 Bedroom | $2,595 – $2,891 | $2,729 |
| 2 Bedroom | $2,850 – $5,516 | $3,660 |
| 3 Bedroom | $3,195 – $6,194 | $4,694 |
Source: Zillow rental market data. Last updated: February 2026.