Chicago Rent Report — December 2024
A permanent record of Chicago rents for December 2024 from the Abode Rent Index. These figures are final.
This month in Chicago
As of December 2024, the median asking rent in Chicago, IL is $1,995 per month, up +19.1% 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 Justice (+33.5%), Ohare (+21.8%), Printers Row (+9.3%).
River North is the most expensive area tracked at $3,000 median, while Hyde Park 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, December 2024
| Neighborhood | Median rent | 1 bed | 2 bed | MoM | YoY | Days on market |
|---|---|---|---|---|---|---|
| River North | $3,000 | $2,425 | $3,400 | +6.2% | — | — |
| River West | $2,875 | — | — | -10.0% | — | — |
| Near North Side | $2,800 | $2,300 | $3,500 | +5.7% | — | — |
| Hoffman Estatessuburb | $2,800 | — | — | — | — | — |
| Streeterville | $2,750 | — | — | +5.8% | — | — |
| Loop | $2,725 | $2,225 | $3,200 | +7.9% | — | — |
| Near West Side | $2,700 | $2,425 | $3,200 | -1.8% | — | — |
| West Loop | $2,700 | $2,475 | $3,573 | -8.5% | — | — |
| Near South Side | $2,688 | — | $2,800 | +13.0% | — | — |
| River Grove | $2,650 | — | $2,650 | — | — | — |
| Dunning | $2,550 | — | — | — | — | — |
| Lake View | $2,500 | $2,200 | $2,964 | 0.0% | — | — |
| West Town | $2,500 | $2,108 | $2,450 | 0.0% | — | — |
| Gold Coast | $2,500 | — | — | +16.9% | — | — |
| Printers Row | $2,422 | $2,422 | — | +2.1% | +9.3% | — |
| Lincolnwoodsuburb | $2,417 | $2,417 | — | — | — | — |
| Napervillesuburb | $2,375 | — | — | +2.2% | — | — |
| Des Plainessuburb | $2,350 | — | — | — | — | — |
| Bucktown | $2,300 | — | — | -13.0% | — | — |
| Lincoln Park | $2,297 | $2,200 | — | -18.0% | — | — |
| South Loop | $2,277 | $2,277 | $3,154 | +0.6% | -2.4% | — |
| Bronzeville | $2,250 | — | — | -10.0% | — | — |
| Schaumburgsuburb | $2,195 | — | $2,000 | -4.6% | — | — |
| Arlington Heightssuburb | $2,192 | — | — | -0.4% | — | — |
| North Center | $2,178 | — | — | -7.4% | — | — |
| Logan Square | $2,150 | — | $2,400 | -4.4% | — | — |
| Old Town | $2,125 | — | — | -38.0% | — | — |
| Skokiesuburb | $2,113 | — | — | +17.4% | — | — |
| Lakeview | $2,102 | $2,102 | — | +1.8% | +5.2% | — |
| Buena Park | $2,100 | $1,850 | — | — | — | — |
| Ukrainian Village | $2,065 | — | — | — | — | — |
| Grand Boulevard | $1,950 | — | — | — | — | — |
| Woodridgesuburb | $1,926 | $1,926 | $2,213 | -26.7% | — | — |
| Evanstonsuburb | $1,900 | — | $1,950 | -4.8% | — | — |
| Wicker Park | $1,900 | — | — | -22.4% | — | — |
| Belmont Cragin | $1,900 | — | — | -20.8% | — | — |
| West Ridge | $1,895 | — | $1,725 | +13.1% | — | — |
| Ohare | $1,878 | — | — | — | +21.8% | — |
| Aurorasuburb | $1,876 | $1,536 | $1,876 | +15.9% | +6.8% | — |
| Edgewater | $1,875 | $1,650 | $2,375 | +13.6% | — | — |
| Lincoln Square | $1,825 | — | $1,950 | -3.9% | — | — |
| Portage Park | $1,800 | — | — | -14.3% | — | — |
| Wheatonsuburb | $1,800 | — | — | — | — | — |
| Uptown | $1,795 | $1,625 | — | +16.2% | — | — |
| Woodlawn | $1,775 | — | — | -2.7% | — | — |
| Garfield Park | $1,748 | — | — | — | — | — |
| Avondale | $1,701 | — | — | -10.2% | — | — |
| Albany Park | $1,700 | — | — | -2.0% | — | — |
| Lower West Side | $1,650 | — | — | -2.9% | — | — |
| Auburn Gresham | $1,650 | — | — | — | — | — |
| Oak Parksuburb | $1,648 | — | — | -21.5% | — | — |
| Pilsen | $1,625 | — | — | -4.4% | — | — |
| Rogers Park | $1,575 | $1,520 | $1,773 | -8.7% | — | — |
| Humboldt Park | $1,500 | — | $1,500 | -23.6% | — | — |
| Lislesuburb | $1,500 | — | — | — | — | — |
| Irving Park | $1,495 | — | — | -12.1% | — | — |
| South Shore | $1,450 | — | — | +27.4% | — | — |
| Justicesuburb | $1,355 | — | $1,355 | +4.2% | +33.5% | — |
| Hyde Park | $1,300 | — | — | — | — | — |
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Neighborhoods with samples below the publishing threshold are omitted for this month. Methodology