Albany Park Rent Trends
Chicago, IL · August 2026 · median asking rents from leased listings
Data through August 2026 · Last updated September 10, 2026 · Next release: early October 2026
- Median asking rent
- $1,993
- Effective rent
- $1,993
- Vs. Chicago median
- -21%
- Avg days to lease
- 14
- Active rentals now
- 31
Median asking rent over time
Asking rentEffective rent (after concessions)Concession spread
1 bedroom
$1,642
— YoY · as of July 2026
2 bedroom
$1,925
— YoY · as of August 2026
3+ bedroom
$2,696
— YoY · as of July 2026
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Figures suppressed below 10 listings/month. Methodology
Data through August 2026 · Last updated September 10, 2026 · Next release: early October 2026
Albany Park renting, answered
- What is the average rent in Albany Park?
- As of August 2026, the median asking rent in Albany Park is $1,993 per month, based on 34 leased listings. By size, the median is $1,642 for a 1 bedroom and $1,925 for a 2 bedroom.
- Are rents in Albany Park going up or down?
- Median asking rent in Albany Park is up 10.6% compared with a year ago.
- Is Albany Park more expensive than Chicago overall?
- Albany Park's median asking rent is 21% below the Chicago citywide median of $2,535.
- How quickly do rentals lease in Albany Park?
- Over the last 90 days, rentals in Albany Park leased in an average of 14 days, with 31 active listings on the market right now.
Beyond the numbers
Get to know Albany Park
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