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Chicago Rent Index

September 2026 · advertised net-effective rent — asking rent less advertised concessions

Preliminary32% of a typical month’s leases reported · scattered-site shown on a 3-month basis

Data through September 2026 · Last updated October 7, 2026 · Next release: early November 2026

MLS-listed rentals and managed communities combined by housing-stock weight, on an advertised net-effective basis (asking rent less advertised concessions).

Median effective rent
$2,483
asking $2,505
Month over month
0.0%
Year over year
+12.1%same-community basis · 314 communities
Concession
0.9%
≈ $22/mo off asking
Leases + units tracked
7,510516 leases · 6,994 units

This month in Chicago

As of September 2026, the median asking rent in Chicago, IL is $2,505 per month, up +12.1% from a year earlier.

Advertised net-effective rent — asking less advertised concessions — is $2,483, a median discount of +0.9% ($22/month) off asking.

In Chicago right now, the average listing leases in 16 days and 4,903 rentals are actively listed.

The fastest-rising neighborhoods year over year are Avondale (+18.4%), Lake View (+14.3%), Irving Park (+11.6%).

Fulton River District is the most expensive area tracked at $3,148 median, while Brighton Park is the most affordable at $1,378.

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, September 2026. Hover for details; click any neighborhood for its full trend page.

Loading map…
$1,378$4,325median asking rent

Citywide trend

$2.0k$2.3k$2.4k$2.5kJul ’23Feb ’24Sep ’24Apr ’25Nov ’25Sep ’26
Asking rentEffective rent (after concessions)Concession spread

By neighborhood

September 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 September 2026, sortable
12-mo trend
Sheffield & DePaulJuly$4,325——+6.1%+21.8%†176
WilmetteJune$4,275————1916
Ukrainian VillageAugust$3,188——+2.9%—1712
Fulton River District$3,148$3,129$4,390+7.6%—1435
Lincoln Park$3,139$3,460$5,253-1.2%—14157
Lakeshore East$3,037$3,091$4,372+6.3%—2364
Fulton Market$3,022$3,091$4,467-1.8%—2432
Old Town$2,966$3,461$4,859-16.1%—1391
River North$2,946$2,848$4,731+0.6%—16351
West Loop$2,922$2,925$3,823+3.4%—16217
Loop$2,901$2,704$4,124+8.4%—18137
West Town$2,853$2,871$3,302-3.3%—16136
Wicker Park$2,841$2,880—+4.0%—1339
East VillageJuly$2,823—$2,600-11.8%-0.1%1915
Illinois Medical District$2,802$2,730$3,478+14.6%—1870
Lake View$2,800$2,350$3,4000.0%+14.3%12143
WrigleyvilleJuly$2,798——-12.6%†+11.9%1518
Near West Side$2,775—$3,200-4.3%-0.9%15152
Roscoe VillageJuly$2,775———-13.3%914
River West$2,772$2,840$4,060-5.5%—1655
Near South Side$2,750—$2,900+5.8%+1.9%1459
University VillageAugust$2,750——+11.8%†+6.8%1117
South Loop$2,747$2,690$3,408+0.4%——328
Streeterville$2,708$3,055$4,511-18.5%—15160
Lakeview$2,645$2,598$3,630-6.0%——118
Little ItalyAugust$2,600——+8.6%†+4.0%1341
North CenterAugust$2,598—$2,250-13.1%-0.1%1637
Printers Row$2,579$2,750$3,905-6.9%—117
Grand BoulevardAugust$2,575——+5.1%+30.4%†1947
Logan Square$2,564$2,512$2,908-3.3%—1576
United CenterJune$2,550———+6.3%2024
Near North Side$2,526$2,797$4,738-19.5%—15269
Gold Coast$2,526$2,595$4,456+0.7%—12236
Bucktown$2,513$2,759$4,331-13.3%—1745
LibertyvilleAugust$2,425————2221
Andersonville$2,363$1,925$2,565+32.5%—811
Avondale$2,250——+9.8%†+18.4%†1331
WoodlawnJuly$2,200——+0.1%+10.3%2561
DouglasJune$2,200————127—
Downers GroveJuly$2,200——-21.4%†—1814
North Park$2,200————2210—
Garfield Ridge$2,200————195—
Norwood Park$2,150————1112
Lincoln Square$2,099——-0.8%—1147
Portage ParkAugust$2,098——+9.0%†+13.4%1731
Bronzeville$2,079——-8.5%†—1753
Irving Park$2,075——-2.4%+11.6%1630
Mckinley ParkJune$2,075————174—
Uptown$2,072$2,291$3,406-7.3%—17293
Pilsen$2,035——+3.5%—1925
Ravenswood$2,034$1,952$2,655-8.2%†—1019
BoystownJuly$2,000——-35.5%†—1211
Jefferson ParkJune$1,950————2418
Armour SquareJune$1,938————159—
Washington Park$1,900————2513
South ShoreAugust$1,877——+17.2%†—3166
West RidgeAugust$1,875—$1,695-1.1%+2.9%2270
Lower West SideAugust$1,850—$1,875+5.7%0.0%1932
South LawndaleJuly$1,850——+9.5%†0.0%1724
Little VillageJuly$1,850——+9.5%†0.0%1724
Buena Park$1,808$1,800—-14.0%†—1326
BridgeportJuly$1,800—$1,823+2.9%+2.9%1820
Albany Park$1,772—$1,886-9.5%—1534
West PullmanJune$1,750————446—
Edgewater$1,733$1,813$2,595-7.5%—15185
North LawndaleJuly$1,700——0.0%0.0%2029
Kenwood$1,695————2216
Humboldt ParkAugust$1,685——+7.0%†+2.1%2138
Mayfair$1,680——0.0%——1
HermosaJuly$1,650——0.0%+4.8%2015
Roseland$1,625————2011—
Rogers Park$1,622$1,547$2,450-8.8%—15267
West EnglewoodJune$1,550————2519—
Archer HeightsJune$1,550————316—
Ohare$1,514$1,501$1,973-2.6%—38104
AustinAugust$1,500——-6.3%—2225
South ChicagoJuly$1,500————2322—
Belmont CraginAugust$1,495——-10.1%†—2521
Hyde Park$1,475$1,735$3,768-10.5%—1978
EnglewoodJune$1,450————2218—
Greater Grand CrossingJune$1,450————2524—
Grand CrossingJune$1,450————2524—
Washington HeightsJune$1,400————526—
Brighton Park$1,378————194
Surrounding suburbs
Warrenville$2,937—$2,684+12.8%—167
SkokieAugust$2,852$2,325$2,895+2.0%—2341
Deerfield$2,821$2,407$3,037+2.5%—2646
Woodridge$2,593$2,000$2,598+17.9%—2917
Des Plaines$2,586$2,503$2,836-3.1%—2327
Mount Prospect$2,525——+1.7%—1929
Oak Park$2,481$2,476$3,449+0.2%—2074
Itasca$2,475—$2,550-1.0%——3
Glenview$2,396——+14.2%†—1621
Wheeling$2,385$2,060$2,460+12.3%†—2024
Schaumburg$2,384$2,121$2,488-1.6%—1977
Palatine$2,297$2,074$2,297+7.7%—2029
Evanston$2,253$2,638$3,277-12.4%—23134
Arlington Heights$2,234$2,182$2,672-13.6%—1444
Lake Bluff$2,224$1,947$2,3380.0%——0
Lisle$2,219$2,152$3,288+10.5%—1814
Naperville$2,200$1,802$2,297-16.4%—19241
Lincolnwood$2,187$2,127$2,989-17.0%——0
Wheaton$2,000$1,930$2,135-4.4%—2691
Aurora$1,968$1,735$2,060+1.6%——34
Hoffman Estates$1,895$1,645$1,950+0.8%—2324
Westmont$1,654$1,646$1,696-7.1%†—1116
La Grange ParkAugust$1,575$1,557—-1.9%——0
Justice$1,395—$1,395+5.2%—233

† 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 September 2026 · Last updated October 7, 2026 · Next release: early November 2026

Chicago rent questions, answered

What is the average rent in Chicago?

As of September 2026, the median asking rent in Chicago is $2,505 per month across all unit sizes. A typical one-bedroom rents for $2,433 and a typical two-bedroom for $3,007.

Are rents in Chicago going up or down?

Chicago rents are up +12.1% year over year as of September 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 16 days on market.

Which Chicago neighborhoods are most expensive to rent in?

The highest median rents tracked in September 2026 are in Fulton River District ($3,148), Lincoln Park ($3,139), Lakeshore East ($3,037).

Monthly reports

Each month’s Chicago numbers at a dated link. The newest month is revised as late-reported leases arrive — see the revision policy in the methodology — so cite the “last updated” date alongside the figure.

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