Chicago Rent Report — September 2024
A permanent record of Chicago rents for September 2024 from the Abode Rent Index. These figures are final.
This month in Chicago
As of September 2024, the median asking rent in Chicago, IL is $2,163 per month, up +4.3% from a year earlier.
Advertised net-effective rent — asking less advertised concessions — is $2,149, a median discount of +0.6% ($14/month) off asking.
In Chicago right now, the average listing leases in 16 days and 4,903 rentals are actively listed.
River Grove is the most expensive area tracked at $4,500 median, while Justice is the most affordable at $1,335.
Source: the Abode Rent Index, computed from leased listings across MLS and Abode-managed communities, updated monthly. How these numbers are calculated
Neighborhood medians, September 2024
| Neighborhood | Median rent | 1 bed | 2 bed | MoM | YoY | Days on market |
|---|---|---|---|---|---|---|
| River Grove | $4,500 | — | $2,425 | — | — | — |
| North Center | $3,200 | — | — | — | — | — |
| Lincolnwoodsuburb | $2,949 | — | $3,050 | +32.9% | — | — |
| Streeterville | $2,908 | $2,754 | $3,721 | -9.0% | — | — |
| River North | $2,867 | $2,546 | $3,642 | +6.6% | — | — |
| Wicker Park | $2,858 | — | $3,000 | +19.5% | — | — |
| Lakeshore East | $2,822 | $2,702 | $3,973 | +5.2% | — | — |
| Fulton Market | $2,799 | $2,840 | — | 0.0% | — | — |
| West Loop | $2,746 | $2,504 | $3,348 | -11.6% | — | — |
| Old Town | $2,709 | $2,833 | $4,126 | -3.3% | — | — |
| Lincoln Park | $2,705 | $2,396 | $3,495 | -1.5% | — | — |
| Evanstonsuburb | $2,705 | $2,612 | — | +7.4% | — | — |
| Near West Side | $2,700 | $2,425 | $2,600 | +1.9% | — | — |
| Bucktown | $2,689 | $2,928 | — | +17.6% | — | — |
| Deerfieldsuburb | $2,635 | — | — | -3.3% | — | — |
| River West | $2,618 | $2,510 | $3,359 | +11.6% | — | — |
| Andersonville | $2,595 | — | — | — | — | — |
| Woodridgesuburb | $2,586 | — | — | +33.7% | — | — |
| Near South Side | $2,500 | $2,100 | $2,750 | +4.3% | — | — |
| Fulton River District | $2,463 | $2,503 | $3,612 | +0.2% | — | — |
| Loop | $2,461 | $2,275 | $3,574 | 0.0% | — | — |
| Lake View | $2,400 | $1,963 | $2,493 | +4.6% | — | — |
| Oak Parksuburb | $2,398 | $2,207 | $3,066 | +26.5% | — | — |
| South Loop | $2,370 | $2,366 | $3,085 | -0.8% | — | — |
| Illinois Medical District | $2,344 | $2,146 | — | — | — | — |
| Near North Side | $2,332 | $2,300 | $3,350 | -15.7% | — | — |
| West Town | $2,313 | $2,188 | $2,350 | -5.3% | — | — |
| Gold Coast | $2,303 | $2,357 | $5,528 | +7.9% | — | — |
| Des Plainessuburb | $2,299 | — | — | — | — | — |
| Bronzeville | $2,295 | — | — | — | — | — |
| Grand Boulevard | $2,295 | — | — | — | — | — |
| Warrenvillesuburb | $2,295 | — | $2,252 | +12.6% | — | — |
| Logan Square | $2,267 | $2,090 | $2,125 | +1.1% | — | — |
| Lakeview | $2,250 | $2,261 | $3,702 | +0.5% | — | — |
| Printers Row | $2,240 | $2,295 | — | -0.4% | — | — |
| Napervillesuburb | $2,216 | $1,784 | $2,201 | +4.7% | — | — |
| Woodlawn | $2,200 | — | — | — | — | — |
| Wheelingsuburb | $2,175 | — | $2,175 | — | — | — |
| Mount Prospectsuburb | $2,128 | $2,128 | — | — | — | — |
| Ukrainian Village | $2,100 | — | — | — | — | — |
| Pilsen | $2,059 | $2,025 | $1,995 | +3.1% | — | — |
| Palatinesuburb | $2,035 | — | $2,070 | -0.5% | — | — |
| Avondale | $2,025 | — | — | +5.9% | — | — |
| Schaumburgsuburb | $1,985 | $1,810 | — | -6.8% | — | — |
| Lower West Side | $1,910 | — | $1,825 | — | — | — |
| Arlington Heightssuburb | $1,896 | $1,742 | $2,299 | -5.2% | — | — |
| Wheatonsuburb | $1,870 | — | $2,050 | -11.6% | — | — |
| Irving Park | $1,850 | — | — | -3.9% | — | — |
| Buena Park | $1,849 | $1,596 | — | +16.3% | — | — |
| Lincoln Square | $1,810 | — | $1,860 | — | — | — |
| Aurorasuburb | $1,783 | $1,568 | $1,901 | -7.4% | — | — |
| Hoffman Estatessuburb | $1,765 | $1,555 | $1,850 | +3.2% | — | — |
| Uptown | $1,745 | $1,902 | $2,299 | +9.5% | — | — |
| West Ridge | $1,700 | — | $1,775 | -5.6% | — | — |
| Portage Park | $1,695 | — | — | — | — | — |
| Albany Park | $1,663 | — | — | — | — | — |
| Rogers Park | $1,660 | $1,550 | $1,883 | -10.5% | — | — |
| Lake Bluffsuburb | $1,620 | — | — | — | — | — |
| Bridgeport | $1,613 | — | — | — | — | — |
| Edgewater | $1,611 | $1,549 | $2,097 | +7.3% | — | — |
| South Shore | $1,550 | — | — | +10.7% | — | — |
| Hyde Park | $1,547 | $1,466 | $1,858 | -9.7% | — | — |
| Ohare | $1,505 | $1,505 | — | +1.3% | — | — |
| La Grange Parksuburb | $1,504 | $1,504 | — | — | — | — |
| Hermosa | $1,475 | — | — | — | — | — |
| Austin | $1,448 | — | — | — | — | — |
| Justicesuburb | $1,335 | — | — | +3.5% | — | — |
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Neighborhoods with samples below the publishing threshold are omitted for this month. Methodology