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Chicago Rent Report — October 2024

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

See the live Chicago Rent Index →

This month in Chicago

As of October 2024, the median asking rent in Chicago, IL is $2,000 per month, up 0.0% 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 Aurora (+29.9%), Westmont (+6.5%), Printers Row (+6.4%).

Fulton Market is the most expensive area tracked at $3,483 median, while South Lawndale is the most affordable at $1,300.

Source: the Abode Rent Index, computed from leased listings across MLS and Abode-managed communities, updated monthly. How these numbers are calculated

Neighborhood medians, October 2024

NeighborhoodMedian rent1 bed2 bedMoMYoYDays on market
Fulton Market$3,483-8.3%
Wilmette$3,450
Napervillesuburb$3,100+19.2%
West Loop$3,050$2,400$3,200+3.4%
Streeterville$2,850$2,500$3,820-3.4%
River West$2,795$2,819-6.7%
Near West Side$2,750$2,324$2,800+5.8%
Near North Side$2,502$2,200$3,338-3.8%
River North$2,500$2,195$3,200-10.7%
Hoffman Estatessuburb$2,495
Lincoln Park$2,488$2,148$3,200-7.9%
Printers Row$2,465$2,465$3,291+7.4%+6.4%
Bucktown$2,448$2,579-2.1%
West Town$2,400$1,995$2,5250.0%
Loop$2,400$2,198$3,000-9.1%
Wicker Park$2,400$2,400-12.7%
Near South Side$2,400$2,000$2,700-4.0%
Arlington Heightssuburb$2,400-2.0%
Wrigleyville$2,375-14.4%
Old Town$2,374$2,200$3,192-6.9%
Woodridgesuburb$2,361-8.6%
South Loop$2,350$2,350$3,061+1.8%+0.7%
Evanstonsuburb$2,300-4.0%
Gold Coast$2,300$2,1000.0%
Skokiesuburb$2,300-4.2%
Schaumburgsuburb$2,273$2,100+3.6%
Lakeview$2,258$2,258$3,035+1.4%+5.9%
Lincolnwoodsuburb$2,257-26.0%
Ravenswood$2,250+4.7%
Little Italy$2,250$2,150-6.3%
Warrenvillesuburb$2,238$2,238-0.6%
University Village$2,200
Des Plainessuburb$2,200+7.3%
Glenviewsuburb$2,200
Lake View$2,174$1,825$2,652-1.2%
Ukrainian Village$2,075+9.2%
Logan Square$2,022$1,750$2,200-6.0%
Palatinesuburb$2,000$2,050-9.1%
Oak Parksuburb$1,975-17.7%
Libertyville$1,975
Grand Boulevard$1,950-14.2%
Lincoln Square$1,940$1,900+10.9%
Albany Park$1,935$1,600+17.3%
Bronzeville$1,925-17.9%
North Center$1,900$1,650-28.3%
Irving Park$1,900$1,900+20.6%
Dunning$1,900-17.4%
Jefferson Park$1,900
Avondale$1,898$1,795+5.4%
Buena Park$1,850$1,750-11.9%
Woodlawn$1,850-14.0%
Belmont Cragin$1,850+7.2%
Aurorasuburb$1,831$1,590$1,831+9.2%+29.9%
Portage Park$1,800+11.1%
Downers Grove$1,800-25.0%
Garfield Park$1,775-0.7%
Uptown$1,750$1,495$2,264-1.3%
Lower West Side$1,750$1,469$1,663+6.1%
Pilsen$1,750-4.1%
Bridgeport$1,750+3.1%
West Ridge$1,725$1,375$1,650-0.7%
Edgewater$1,700$1,675$2,250+3.0%
Austin$1,663+10.9%
Rogers Park$1,650$1,395$1,885+3.4%
Humboldt Park$1,650+26.9%
Ohare$1,571$1,571+4.4%-11.2%
Westmontsuburb$1,528+6.5%
South Shore$1,500+5.3%
Justicesuburb$1,370$1,125+3.0%-0.1%
Hyde Park$1,338-13.7%
South Lawndale$1,300+11.8%
Little Village$1,300+11.8%

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