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Chicago Rent Report — September 2024

A permanent record of Chicago rents for September 2024 from the Abode Rent Index. These figures are final.

See the live Chicago Rent Index →

This month in Chicago

As of September 2024, the median asking rent in Chicago, IL is $2,100 per month, up +16.7% 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 Lincolnwood (+30.1%), Woodridge (+25.8%), Lakeview (+6.2%).

River Grove is the most expensive area tracked at $4,500 median, while South Lawndale is the most affordable at $1,163.

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

NeighborhoodMedian rent1 bed2 bedMoMYoYDays on market
River Grove$4,500—$2,400+100.0%——
Fulton Market$3,800——+36.2%——
Mckinley Park$3,208—————
Lincolnwoodsuburb$3,050——+38.4%+30.1%—
Lakeshore East$3,000——+11.1%——
River West$2,995$2,297$3,400-5.5%——
West Loop$2,950$2,450$3,150+5.4%——
Streeterville$2,950$2,400$3,4550.0%——
River North$2,800$2,300$3,400+12.0%——
Wrigleyville$2,773——+15.5%——
Wicker Park$2,750—$3,000+5.8%——
Lincoln Park$2,700$2,180$3,000+8.0%——
Sheffield & DePaul$2,698——-10.1%——
North Center$2,650—$2,950+10.6%——
Andersonville$2,650—————
Loop$2,640$2,198$3,300+1.8%——
Near North Side$2,600$2,300$3,400+6.1%——
Near West Side$2,600$2,390$2,650-1.0%——
Napervillesuburb$2,600—$2,300-7.1%——
Woodridgesuburb$2,582——+38.8%+25.8%—
Old Town$2,550$2,400—+6.3%——
Near South Side$2,500$2,100$2,800+4.2%——
Bucktown$2,500—$2,538+8.7%——
Arlington Heightssuburb$2,450——-7.4%——
West Town$2,400$1,895$2,4500.0%——
Little Italy$2,400——+20.0%——
Skokiesuburb$2,400——+20.0%——
Oak Parksuburb$2,400$1,475$2,750+52.4%——
Downers Grove$2,400—————
Evanstonsuburb$2,395$2,050—-6.0%——
Bronzeville$2,345——+4.2%——
South Loop$2,308$2,308$3,078-1.5%-4.0%—
Gold Coast$2,300——+4.5%——
Dunning$2,300——-16.4%——
Printers Row$2,295$2,295—-3.0%-21.8%—
Grand Boulevard$2,273——-4.2%——
Warrenvillesuburb$2,252—$2,252+7.9%——
Lakeview$2,227$2,227$3,651+1.1%+6.2%—
Lake View$2,200$1,950$2,486-2.2%——
Palatinesuburb$2,200——+18.9%——
Schaumburgsuburb$2,195—$2,038-0.2%——
Logan Square$2,150$1,778$2,100-2.3%——
Ravenswood$2,150——-14.0%——
United Center$2,150——-18.9%——
Woodlawn$2,150——+1.2%——
Buena Park$2,100$2,100—+4.3%——
Des Plainessuburb$2,050——-25.5%——
Ukrainian Village$1,900—$1,900-20.8%——
Pilsen$1,825$1,538$1,995-3.9%——
Avondale$1,800—$1,800-5.3%——
Garfield Park$1,788——+10.0%——
Uptown$1,773$1,723$2,250+1.3%——
Lincoln Square$1,750$1,495$1,813-2.8%——
West Ridge$1,738—$1,813+2.2%——
Belmont Cragin$1,725——-24.2%——
Bridgeport$1,698——-7.0%——
Aurorasuburb$1,676$1,543$1,946-13.7%-14.1%—
Lislesuburb$1,675——-6.9%——
Lower West Side$1,650$1,463$1,813-10.8%——
Edgewater$1,650$1,600$2,1000.0%——
Albany Park$1,650—$1,663-17.5%——
Portage Park$1,620—$1,500-9.7%——
Lake Bluffsuburb$1,620—————
Rogers Park$1,595$1,498$1,875+0.3%——
Irving Park$1,575——-15.9%——
Hyde Park$1,550——+8.8%——
Hermosa$1,513——+5.2%——
Ohare$1,505$1,505—+1.3%-11.5%—
La Grange Parksuburb$1,504$1,504————
Austin$1,500——+11.1%——
South Shore$1,425——+23.9%——
Justicesuburb$1,330——+3.1%——
Humboldt Park$1,300——-18.8%——
South Lawndale$1,163——-7.0%——
Little Village$1,163——-7.0%——

Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Neighborhoods with samples below the publishing threshold are omitted for this month. Methodology