Is Airbnb cheaper than a hotel in Chicago (IL)?
About the same: in Chicago (IL), Airbnb homes asked a median $161 a night against $160 for hotels on Agoda, 1% more (latest scan 25 October 2026; priced on a typical night: Airbnb homes 94, hotels on Agoda 197). Nights measured on both sides: 71, from 13 November 2026 to 22 January 2027, read on 25 October 2026.
Measured by Bed&Market (bedandmarket.com) from 208 places checked, read 25 October 2026 02:08 UTC.
Updated
Hotels and apartments side by side
On a typical night in Chicago (IL), the middle half of asking prices ran from $131 to $205 for hotels on Agoda and from $133 to $210 for Airbnb homes.
| Places | Median asking price | Lower quarter (p25) | Upper quarter (p75) | With a price, typical night | Nights |
|---|---|---|---|---|---|
| Hotels on Agoda | $160 | $131 | $205 | 197 | 71 |
| Airbnb homes | $161 | $133 | $210 | 94 | 71 |
| All places pooled | $159 | $134 | $207 | 291 | 71 |
Each night's figure is the median (or quarter) of that night's asking prices for one night; each figure here is the median of those nights. The pooled row puts every asking price of a night into one list.
Friday and Saturday nights on each side
Friday and Saturday nights in Chicago (IL) against Monday to Thursday: +15% for hotels on Agoda and +17% for Airbnb homes.
| Places | Friday + Saturday | Monday – Thursday | Weekend against Mon–Thu | Fri + Sat nights | Mon–Thu nights |
|---|---|---|---|---|---|
| Hotels on Agoda | $177 | $154 | +15% | 21 | 40 |
| Airbnb homes | $182 | $156 | +17% | 21 | 40 |
Medians of the nightly medians; Sunday nights sit in neither group.
Month by month
The gap in Chicago (IL) was widest in November 2026: $184 for Airbnb homes against $212 for hotels on Agoda, 13% less.
| Month | Hotels on Agoda | Airbnb homes | Difference | Nights | Latest scan |
|---|---|---|---|---|---|
| October 2026 | $257 | $232 | -10% | 31 | 25 October 2026 |
| November 2026 | $212 | $184 | -13% | 30 | 25 October 2026 |
| December 2026 | $160 | $158 | -1% | 31 | 25 October 2026 |
| January 2027 | $152 | $153 | +1% | 22 | 25 October 2026 |
Each month is the median of its nightly medians over the nights read on both sides; the month links to its own page.
On event and holiday nights
On 1 January 2027 in Chicago (IL) (New Year's Day), Airbnb homes asked a median $168 against $165 for hotels on Agoda, 2% more.
| Night | Event or holiday | Hotels on Agoda | Airbnb homes | Difference | With a price: hotels / Airbnb |
|---|---|---|---|---|---|
| 26 November 2026 | Thanksgiving Day | $161 | $162 | +1% | 197 / 95 |
| 25 December 2026 | Christmas Day | $169 | $177 | +5% | 198 / 93 |
| 1 January 2027 | New Year's Day | $165 | $168 | +2% | 198 / 94 |
| 18 January 2027 | Martin Luther King Jr. Day | $152 | $156 | +2% | 197 / 96 |
Each event is printed beside the night it fell on; the prices are that night's asking prices and do not say what moved them.
What counts as a hotel and an apartment here
Places with a price on a typical night in Chicago (IL): 291 in all, 197 on Agoda and 94 on Airbnb.
- Airbnb homes: the listings Airbnb's search showed with a price for one night for 2 guests, whole apartments, B&Bs and private rooms alike.
- Hotels on Agoda: every place Agoda's search showed with a price for one night for 2 adults: hotels, guesthouses, hostels and the apartments Agoda itself lists.
- A listing missing from a night's Airbnb search is unknown that night, not sold out.
- The two sites may count fees and taxes differently; each figure is the price its search showed.
What was measured
Nights measured in Chicago (IL) on both sides: 71, from 13 November 2026 to 22 January 2027; each with at least 30 places showing a price on Agoda.
- Up to 208 places checked per night on Agoda; a place with no price that night (sold out or closed) is counted but carries no price.
- Prices in USD, as shown on the day each night was read on Agoda, on 25 October 2026.
- Asking prices seen while searching for one night: not prices paid, and not a forecast.
- Airbnb nights read between 23 September 2026 and 25 October 2026.
Source: asking prices for one night, read from public search results on the scan date; not prices paid, and not a forecast. How we measure →