Chicago Rent Report — November 2024
A permanent record of Chicago rents for November 2024 from the Abode Rent Index. These figures are final.
This month in Chicago
As of November 2024, the median asking rent in Chicago, IL is $2,100 per month, down +8.5% 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 (+17.7%), Warrenville (+6.1%), Justice (+0.8%).
Old Town is the most expensive area tracked at $3,425 median, while South Shore is the most affordable at $1,138.
Source: the Abode Rent Index, computed from leased listings across MLS and Abode-managed communities, updated monthly. How these numbers are calculated
Neighborhood medians, November 2024
| Neighborhood | Median rent | 1 bed | 2 bed | MoM | YoY | Days on market |
|---|---|---|---|---|---|---|
| Old Town | $3,425 | — | — | +44.3% | — | — |
| River West | $3,195 | — | — | +14.3% | — | — |
| Fulton Market | $3,025 | — | — | -13.1% | — | — |
| West Loop | $2,950 | $2,513 | $3,300 | -3.3% | — | — |
| River North | $2,825 | $2,275 | $3,350 | +13.0% | — | — |
| Lincoln Park | $2,800 | $2,200 | $3,300 | +12.5% | — | — |
| Near West Side | $2,750 | $2,400 | $3,000 | 0.0% | — | — |
| United Center | $2,730 | — | — | — | — | — |
| Near North Side | $2,650 | $2,246 | $3,450 | +5.9% | — | — |
| Glenviewsuburb | $2,648 | — | — | +20.4% | — | — |
| Bucktown | $2,645 | — | $2,791 | +8.0% | — | — |
| Woodridgesuburb | $2,626 | — | $2,626 | +11.2% | — | — |
| Streeterville | $2,600 | $2,248 | — | -8.8% | — | — |
| Loop | $2,526 | $2,065 | $3,098 | +5.3% | — | — |
| Lake View | $2,500 | $1,925 | $2,800 | +15.0% | — | — |
| West Town | $2,500 | $2,142 | $2,500 | +4.2% | — | — |
| Bronzeville | $2,500 | — | — | +29.9% | — | — |
| Wicker Park | $2,450 | — | — | +2.1% | — | — |
| Belmont Cragin | $2,400 | — | — | +29.7% | — | — |
| Near South Side | $2,379 | $2,175 | $2,800 | -0.9% | — | — |
| Printers Row | $2,372 | $2,372 | $3,384 | -3.8% | — | — |
| North Center | $2,353 | — | — | +23.8% | — | — |
| Napervillesuburb | $2,325 | — | $2,200 | -25.0% | — | — |
| Schaumburgsuburb | $2,300 | — | $2,250 | +1.2% | — | — |
| South Loop | $2,264 | $2,264 | $2,985 | -3.7% | -1.6% | — |
| Logan Square | $2,250 | — | $2,295 | +11.3% | — | — |
| Warrenvillesuburb | $2,212 | — | — | -1.2% | +6.1% | — |
| Arlington Heightssuburb | $2,200 | — | — | -8.3% | — | — |
| Ravenswood | $2,175 | — | — | -3.3% | — | — |
| Gold Coast | $2,138 | — | — | -7.0% | — | — |
| Oak Parksuburb | $2,100 | — | $1,950 | +6.3% | — | — |
| Portage Park | $2,100 | — | — | +16.7% | — | — |
| Lakeview | $2,065 | $2,065 | $3,250 | -8.5% | -7.9% | — |
| Evanstonsuburb | $1,995 | — | $1,900 | -13.3% | — | — |
| Little Italy | $1,973 | — | — | -12.3% | — | — |
| Humboldt Park | $1,963 | — | — | +19.0% | — | — |
| Lincoln Square | $1,900 | — | — | -2.1% | — | — |
| Avondale | $1,895 | — | $1,990 | -0.2% | — | — |
| Woodlawn | $1,825 | — | — | -1.4% | — | — |
| Skokiesuburb | $1,800 | — | — | -21.7% | — | — |
| Albany Park | $1,735 | — | — | -10.3% | — | — |
| Rogers Park | $1,725 | $1,508 | $1,875 | +4.5% | — | — |
| Lower West Side | $1,700 | — | $1,700 | -2.9% | — | — |
| Pilsen | $1,700 | — | — | -2.9% | — | — |
| Irving Park | $1,700 | — | $1,800 | -10.5% | — | — |
| West Ridge | $1,675 | — | — | -2.9% | — | — |
| Edgewater | $1,650 | $1,600 | $2,000 | -2.9% | — | — |
| Aurorasuburb | $1,619 | $1,619 | — | -11.6% | +17.7% | — |
| Uptown | $1,545 | $1,795 | — | -11.7% | — | — |
| Westmontsuburb | $1,369 | $1,369 | — | -10.4% | — | — |
| Justicesuburb | $1,300 | — | — | -5.1% | +0.8% | — |
| South Shore | $1,138 | — | $1,075 | -24.1% | — | — |
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Neighborhoods with samples below the publishing threshold are omitted for this month. Methodology