Chicago Rent Report — July 2024
A permanent record of Chicago rents for July 2024 from the Abode Rent Index. These figures are final.
This month in Chicago
As of July 2024, the median asking rent in Chicago, IL is $2,163 per month, down +3.8% 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 La Grange Park (+11.8%), Printers Row (+10.3%), Lakeview (+7.0%).
Wilmette is the most expensive area tracked at $4,025 median, while South Shore is the most affordable at $1,125.
Source: the Abode Rent Index, computed from leased listings across MLS and Abode-managed communities, updated monthly. How these numbers are calculated
Neighborhood medians, July 2024
| Neighborhood | Median rent | 1 bed | 2 bed | MoM | YoY | Days on market |
|---|---|---|---|---|---|---|
| Wilmette | $4,025 | — | — | — | — | — |
| River West | $3,247 | — | $3,298 | +8.2% | — | — |
| Fulton Market | $3,075 | — | — | — | — | — |
| Streeterville | $2,975 | $2,325 | $3,550 | +1.0% | — | — |
| Dunning | $2,950 | — | $2,950 | — | — | — |
| Wrigleyville | $2,850 | — | $2,750 | +14.0% | — | — |
| West Loop | $2,840 | $2,490 | $3,175 | -11.5% | — | — |
| Wicker Park | $2,800 | $2,100 | $2,600 | -2.5% | — | — |
| Glenviewsuburb | $2,800 | — | — | +12.1% | — | — |
| Fulton River District | $2,800 | — | — | — | — | — |
| Bucktown | $2,750 | — | $2,648 | -16.7% | — | — |
| Napervillesuburb | $2,725 | — | $2,250 | -2.7% | — | — |
| Lakeshore East | $2,650 | — | — | -20.3% | — | — |
| Downers Grove | $2,650 | — | — | — | — | — |
| Sheffield & DePaul | $2,623 | — | — | -21.1% | — | — |
| Printers Row | $2,618 | $2,618 | $3,199 | +2.2% | +10.3% | — |
| West Town | $2,613 | $1,875 | $2,498 | +2.3% | — | — |
| Near West Side | $2,600 | $2,400 | $2,840 | -8.8% | — | — |
| Mount Prospectsuburb | $2,600 | — | — | +13.0% | — | — |
| River North | $2,550 | $2,300 | $3,473 | -5.2% | — | — |
| University Village | $2,550 | — | $2,475 | -3.8% | — | — |
| East Village | $2,525 | — | $2,600 | +14.8% | — | — |
| Near South Side | $2,500 | $2,100 | $2,750 | -7.4% | — | — |
| Roscoe Village | $2,500 | — | — | +8.7% | — | — |
| Hoffman Estatessuburb | $2,500 | — | — | -8.3% | — | — |
| Lincoln Park | $2,498 | $2,250 | $2,788 | -19.4% | — | — |
| Old Town | $2,495 | $2,300 | $3,375 | -15.6% | — | — |
| Mckinley Park | $2,495 | $2,300 | — | — | — | — |
| Loop | $2,475 | $2,250 | $2,925 | -5.7% | — | — |
| Near North Side | $2,450 | $2,281 | $3,473 | -17.0% | — | — |
| Des Plainessuburb | $2,450 | — | — | +4.3% | — | — |
| South Loop | $2,440 | $2,440 | $3,316 | +2.4% | -2.3% | — |
| North Center | $2,405 | $1,995 | $2,575 | +10.6% | — | — |
| Little Italy | $2,400 | — | $2,400 | 0.0% | — | — |
| Palatinesuburb | $2,400 | — | — | — | — | — |
| Libertyville | $2,400 | — | — | — | — | — |
| Grand Boulevard | $2,395 | — | — | +12.0% | — | — |
| Lake View | $2,300 | $1,900 | $2,595 | -13.2% | — | — |
| Ukrainian Village | $2,300 | — | $2,175 | — | — | — |
| Oak Parksuburb | $2,300 | — | $2,300 | -5.1% | — | — |
| Schaumburgsuburb | $2,300 | — | $2,148 | +4.8% | — | — |
| Rush & Division | $2,266 | $2,100 | — | — | — | — |
| Skokiesuburb | $2,250 | — | — | +3.4% | — | — |
| Wheatonsuburb | $2,250 | — | — | -2.6% | — | — |
| Wheelingsuburb | $2,200 | — | — | — | — | — |
| Bronzeville | $2,200 | — | — | 0.0% | — | — |
| Logan Square | $2,188 | $1,775 | $2,163 | -0.5% | — | — |
| Lincolnwoodsuburb | $2,169 | $2,169 | — | -1.1% | — | — |
| United Center | $2,150 | — | — | — | — | — |
| Belmont Cragin | $2,150 | — | $2,300 | — | — | — |
| Illinois Medical District | $2,100 | — | — | — | — | — |
| Lakeview | $2,100 | $2,100 | $3,690 | -8.5% | +7.0% | — |
| Gold Coast | $2,083 | $2,152 | $3,348 | -30.5% | — | — |
| Aurorasuburb | $2,080 | — | $2,080 | +28.6% | — | — |
| Evanstonsuburb | $2,063 | $1,850 | $2,395 | -8.1% | — | — |
| Lincoln Square | $2,050 | $1,620 | $2,348 | +5.8% | — | — |
| Jefferson Park | $2,025 | — | — | — | — | — |
| Boystown | $1,970 | — | — | — | — | — |
| Avondale | $1,954 | — | $1,881 | -9.3% | — | — |
| Arlington Heightssuburb | $1,950 | — | — | -32.8% | — | — |
| Austin | $1,900 | — | — | — | — | — |
| Ravenswood | $1,895 | — | — | +1.7% | — | — |
| Woodridgesuburb | $1,890 | — | $2,467 | -15.9% | — | — |
| Buena Park | $1,875 | $1,875 | $2,800 | -6.3% | — | — |
| Woodlawn | $1,850 | — | — | +8.8% | — | — |
| Hyde Park | $1,850 | — | — | -11.9% | — | — |
| Warrenvillesuburb | $1,824 | — | — | — | — | — |
| Albany Park | $1,750 | — | $1,750 | -12.3% | — | — |
| Uptown | $1,713 | $1,625 | $2,258 | -9.1% | — | — |
| Bridgeport | $1,700 | — | $1,623 | -19.0% | — | — |
| Humboldt Park | $1,698 | — | $1,648 | -6.9% | — | — |
| Rogers Park | $1,695 | $1,550 | $1,800 | +7.6% | — | — |
| Portage Park | $1,675 | — | $1,750 | -6.9% | — | — |
| Lower West Side | $1,650 | $1,520 | $1,695 | -21.2% | — | — |
| Edgewater | $1,650 | $1,625 | $2,200 | +9.6% | — | — |
| Pilsen | $1,650 | $1,485 | $1,650 | -21.2% | — | — |
| Irving Park | $1,650 | $1,350 | $1,650 | -7.0% | — | — |
| Garfield Park | $1,650 | — | — | — | — | — |
| West Ridge | $1,650 | — | $1,600 | -9.6% | — | — |
| Hermosa | $1,525 | — | — | -0.7% | — | — |
| Auburn Gresham | $1,515 | — | — | — | — | — |
| La Grange Parksuburb | $1,504 | — | — | +8.5% | +11.8% | — |
| Ohare | $1,500 | $1,500 | $2,012 | +1.7% | +2.9% | — |
| Westmontsuburb | $1,433 | $1,433 | — | -7.7% | — | — |
| Greater Grand Crossing | $1,375 | — | — | — | — | — |
| South Lawndale | $1,350 | — | — | — | — | — |
| Little Village | $1,350 | — | — | — | — | — |
| Grand Crossing | $1,350 | — | — | — | — | — |
| Justicesuburb | $1,278 | — | $1,278 | — | — | — |
| South Shore | $1,125 | — | — | -19.6% | — | — |
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Neighborhoods with samples below the publishing threshold are omitted for this month. Methodology