Parking rates in Chicago, IL
Average parking rates for Chicago across hourly, daily, monthly, and airport parking. Population: 2,693,976.
Hourly rate
$18
Daily rate
$45
Monthly rate
$350
Airport daily
$28
| Rate type | Average rate | Event surge (120%) | Annual equivalent |
|---|---|---|---|
| Hourly | $18 | $39.60 | — |
| Daily | $45 | $99.00 | $16,425 |
| Monthly | $350 | N/A | $4,200 |
| Airport (daily) | $28 | $61.60 | $10,220 |
Revenue opportunity in Chicago
A 50-space lot in Chicago at $18/hr with 65% occupancy and 12 operating hours could generate approximately $210,600/month in revenue. With Park Graph's dynamic pricing (+25% uplift), that becomes $263,250/month.
Calculate your exact revenue →Frequently asked questions
What is the average hourly parking rate in Chicago?
The average hourly parking rate in Chicago, IL is $18. Rates vary by neighborhood and time of day.
How much does monthly parking cost in Chicago?
Monthly parking in Chicago averages $350. Downtown locations typically cost 20-40% more than suburban areas.
How much is airport parking in Chicago?
Airport parking near Chicago averages $28 per day. Long-term economy lots may offer lower rates.
Get a custom rate analysis for Chicago
Sign up for a free competitive rate analysis for your parking lot in Chicago. Includes neighborhood benchmarks, optimal pricing recommendations, and revenue projections.
Start collecting parking revenue in Chicago
Set up QR payments in 5 minutes. No hardware, no setup fees. Free forever on Starter.