AbodeABODE

The Abode Rent Index

What renting actually costs in our markets — median asking rents, days on market, and inventory, tracked monthly by neighborhood and bedroom count.

How the index is built

Chicago

August 2026
Median asking
$2,535
Year over year
+10.2%
Active rentals
7,277
$2.0k$2.2k$2.4k$2.5kJul ’23Jan ’24Jul ’24Jan ’25Jul ’25Jan ’26Aug ’26
Asking rentEffective rent (after concessions)Concession spread
Explore Chicago neighborhoods →

Data through August 2026 · Last updated September 10, 2026 · Next release: early October 2026

Nashville

August 2026
Median asking
$2,085
Year over year
+6.8%
Active rentals
13,744
$1.6k$1.8k$1.9k$2.2kJul ’23Jan ’24Jul ’24Jan ’25Jul ’25Jan ’26Aug ’26
Asking rentEffective rent (after concessions)Concession spread
Explore Nashville neighborhoods →

Data through August 2026 · Last updated September 10, 2026 · Next release: early October 2026

Built from the source

The index is computed from leased rental listings across our MLS coverage and Abode’s own managed-community data — not scraped estimates. Cells with fewer than 10 listings are withheld rather than published. Read the full methodology.