Chicago Rent Index

June 2026 · net-effective rent — what renters actually pay after concessions

Preliminary

Data through June 2026 · Last updated July 8, 2026 · Next release: early August 2026

MLS-listed rentals and managed communities combined — deduplicated, reported on a net-effective (what-you-actually-pay) basis.

Median effective rent: $2,500
Month over month: 0.0%
Year over year: +8.9%
Avg days to lease: 13
Leases in sample: 871

This month in Chicago

As of June 2026, the median asking rent in Chicago, IL is $2,500 per month, up +8.9% from a year earlier.

In Chicago right now, the average listing leases in 13 days and 9,227 rentals are actively listed.

The fastest-rising neighborhoods year over year are Deerfield (+45.0%), Avondale (+37.5%), Bucktown (+34.7%).

River West is the most expensive area tracked at $3,700 median, while Mayfair is the most affordable at $1,300.

Source: the Abode Rent Index, computed from leased listings across MLS and Abode-managed communities, updated monthly. How these numbers are calculated

Rents across the map

Median asking rent by neighborhood, June 2026. Hover for details; click any neighborhood for its full trend page.

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$1,300$3,700median asking rent

Citywide trend

Asking rentEffective rent (after concessions)Concession spread

By neighborhood

June 2026 · neighborhoods with at least 10 leased listingsin the month. Where the latest month’s sample was too small, the most recent publishable month is shown (noted beside the name). “—” indicates a sample too small to publish reliably. Click a column to sort.

Median asking rents by neighborhood for June 2026, sortable
								12-mo trend
River West	$3,700	—	—	+2.8%	+2.8%	12	118
West Loop	$3,450	$2,700	$3,741	+1.6%	+13.2%	12	687
WrigleyvilleMay	$3,350	—	—	-2.8%	+34.0%^†	14	20
Near South Side	$3,300	—	$3,325	+14.8%^†	+17.9%^†	12	42
Bucktown	$3,225	—	—	+22.9%^†	+34.7%^†	8	106
Streeterville	$3,175	$2,550	$3,900	-3.8%	+9.5%	13	482
Avondale	$3,025	—	—	+34.7%^†	+37.5%^†	10	32
Near West Side	$3,000	$2,675	$3,600	0.0%	+11.1%	14	132
Wicker Park	$3,000	—	—	-11.8%^†	0.0%	11	52
Fulton River DistrictApril	$2,998	—	—	—	—	19	112
Sheffield & DePaulApril	$2,995	—	—	—	-20.1%^†	11	9
Lincoln Park	$2,950	$2,373	$3,500	-9.2%	-1.7%	11	240
Old Town	$2,950	$2,550	$3,798	-10.6%	+1.4%	8	275
Printers Row	$2,912	$2,912	$4,002	+6.0%	+3.9%	11	91
West Town	$2,900	$2,293	$2,600	-4.9%	+11.5%	12	158
Lake View	$2,800	$2,300	$2,800	-1.8%	+1.9%	11	146
South Loop	$2,722	$2,722	$3,561	-1.2%	+9.3%	—	705
Near North Side	$2,700	$2,500	$3,800	-10.0%	0.0%	12	242
River North	$2,700	$2,575	$3,850	-5.3%	0.0%	13	740
North Center	$2,695	—	—	-0.2%	+14.7%	11	38
Lakeview	$2,632	$2,632	$4,175	-2.0%	+18.5%	—	233
Grand Boulevard	$2,625	—	—	—	+14.1%	20	39
Logan Square	$2,600	$2,098	$2,850	0.0%	+13.0%	10	136
Loop	$2,600	$2,325	$3,095	-7.1%	-3.7%	13	363
East Village	$2,578	—	—	—	-14.1%	11	21
DouglasMarch	$2,550	—	—	—	—	17	12	—
Rush & DivisionApril	$2,550	—	—	+3.0%	+4.6%	13	6
Little Italy	$2,450	—	—	-12.5%^†	+6.5%	16	41
Garfield RidgeMarch	$2,450	—	—	—	—	41	12	—
River GroveApril	$2,375	—	—	-25.7%^†	-5.0%	24	31
KenwoodMarch	$2,350	—	—	—	—	26	9	—
Ukrainian VillageApril	$2,300	—	$2,265	0.0%	0.0%	15	11
United CenterApril	$2,300	—	—	-14.8%^†	-14.8%	18	17
Bronzeville	$2,300	—	—	—	0.0%	19	58
Gold Coast	$2,295	$2,295	—	-4.4%	+6.7%	12	369
BridgeportApril	$2,200	—	—	+33.7%^†	+2.4%	11	20
BoystownMarch	$2,170	—	—	+8.5%^†	—	11	10
Lincoln Square	$2,150	—	—	+10.3%	-2.1%	12	46
Ravenswood	$2,150	—	—	—	-6.3%	9	26
WoodlawnMarch	$2,100	—	—	+2.4%	+7.7%	23	57
Albany Park	$2,100	—	—	+7.7%^†	+5.1%	15	28
West Ridge	$2,100	—	—	—	+16.7%^†	19	67
Uptown	$2,070	$1,800	$2,800	-21.8%	+3.5%	10	477
MontclareMarch	$2,025	—	—	—	—	10	4	—
Edgewater	$1,975	—	—	+5.3%	+11.3%	12	184
Lower West SideMay	$1,950	—	$1,775	-2.5%	+2.6%	19	28
Jefferson ParkApril	$1,925	—	—	+3.3%	-14.4%	19	18
Downers GroveMarch	$1,900	—	—	-15.6%^†	-20.0%^†	19	15
Washington HeightsMarch	$1,900	—	—	—	—	30	10	—
PilsenMay	$1,875	—	—	-17.0%^†	-1.1%	21	32
Norwood Park	$1,850	—	—	—	—	22	16
North LawndaleMarch	$1,775	—	—	+7.6%^†	+4.4%	16	24
Andersonville	$1,760	$1,760	$2,345	-1.3%	-8.4%	2	30
Portage ParkMay	$1,750	—	—	+2.9%	+7.7%	21	33
AustinMarch	$1,750	—	—	+9.4%^†	+4.5%	16	50
Hyde ParkMarch	$1,750	—	—	—	+9.4%	27	173
Chicago LawnMarch	$1,750	—	—	—	—	30	9	—
Washington Park	$1,675	—	—	—	—	28	12
Irving Park	$1,660	—	—	-4.6%	-15.9%^†	13	32
Buena Park	$1,650	—	—	-35.9%^†	-8.3%	10	46
North ParkMarch	$1,638	—	—	—	—	34	8	—
Ohare	$1,586	$1,586	$2,007	-1.6%	-0.6%	24	115
HermosaMarch	$1,565	—	$1,565	—	-0.9%	24	20
South LawndaleMay	$1,550	—	—	-3.1%	-8.8%	16	20
Little VillageMay	$1,550	—	—	-3.1%	-8.8%	16	20
Belmont CraginApril	$1,550	—	—	-4.5%	-20.5%^†	23	28
Humboldt ParkMay	$1,525	—	—	-19.7%^†	-20.6%^†	20	32
West EnglewoodMarch	$1,520	—	—	—	—	20	15	—
Rogers Park	$1,500	$1,375	$1,775	+0.3%	-16.4%	16	247
Brighton ParkMarch	$1,500	—	—	—	—	21	3	—
South ShoreApril	$1,450	—	—	0.0%	0.0%	24	61
ClearingMarch	$1,400	—	—	—	—	26	11	—
Mayfair	$1,300	—	—	—	-10.3%	—	7
Surrounding suburbs
Deerfield	$3,081	$2,373	$3,081	+1.4%	+45.0%	58	44
Itasca	$3,000	—	$3,000	-6.3%	—	—	6	—
Naperville	$2,800	—	—	-6.7%	-3.3%	18	353
Arlington HeightsMay	$2,800	—	—	+31.8%^†	+24.4%^†	15	114
Des PlainesMay	$2,700	—	—	-1.1%	+35.0%^†	19	46
Warrenville	$2,688	$2,464	$2,688	-3.5%	+19.7%	—	27
Hoffman EstatesMarch	$2,600	—	—	-18.6%^†	-10.3%	15	142
SkokieApril	$2,500	—	—	+4.2%	+26.6%^†	15	58
Schaumburg	$2,498	—	—	+13.5%^†	+11.0%	17	69
Woodridge	$2,454	$2,105	$2,454	+2.0%	+24.4%	13	72
Lincolnwood	$2,432	$2,432	$3,356	+2.2%	+9.4%	—	34
Oak ParkApril	$2,425	—	—	+22.9%^†	+42.6%^†	19	161
Evanston	$2,357	—	—	+4.8%	+4.8%	20	283
Lake Bluff	$2,329	—	$2,329	+14.2%^†	—	—	10
PalatineApril	$2,250	—	—	-12.8%^†	+3.4%	23	61
GlenviewMay	$2,250	—	—	—	-31.3%^†	17	32
Aurora	$2,110	$1,769	$2,110	+4.2%	+3.0%	—	75
Westmont	$1,779	$1,600	$1,779	-3.0%	+12.3%	10	33
La Grange Park	$1,593	$1,593	—	+2.3%	+3.4%	—	5
WheatonMarch	$1,588	—	—	—	—	11	93
Justice	$1,358	$1,129	$1,358	0.0%	-6.0%	23	15

† Computed on a small sample (fewer than 20 leases) — interpret with caution.

Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Methodology

Data through June 2026 · Last updated July 8, 2026 · Next release: early August 2026

Chicago rent questions, answered

What is the average rent in Chicago?

As of June 2026, the median asking rent in Chicago is $2,500 per month across all unit sizes. A typical one-bedroom rents for $2,250 and a typical two-bedroom for $2,700.

Are rents in Chicago going up or down?

Chicago rents are up +8.9% year over year as of June 2026.

How long does it take to rent an apartment in Chicago?

Over the last 90 days, the average Chicago rental listing leased in about 13 days on market.

Which Chicago neighborhoods are most expensive to rent in?

The highest median rents tracked in June 2026 are in River West ($3,700), West Loop ($3,450), Near South Side ($3,300).

Monthly reports

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