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

July 2026
Median asking
$2,500
Year over year
+8.5%
Active rentals
9,301
$2.0k$2.1k$2.4k$2.5kMay ’24Oct ’24Mar ’25Aug ’25Jan ’26Jul ’26
Asking rentEffective rent (after concessions)Concession spread
Explore Chicago neighborhoods →

Data through July 2026 · Last updated August 7, 2026 · Next release: early September 2026

Nashville

July 2026
Median asking
$2,500
Year over year
+4.2%
Active rentals
7,658
$2.1k$2.3k$2.5k$2.6kMay ’24Oct ’24Mar ’25Aug ’25Jan ’26Jul ’26
Asking rentEffective rent (after concessions)Concession spread
Explore Nashville neighborhoods →

Data through July 2026 · Last updated August 7, 2026 · Next release: early September 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.