Chicago Rent Report — January 2025
A permanent record of Chicago rents for January 2025 from the Abode Rent Index. These figures are final.
This month in Chicago
As of January 2025, the median asking rent in Chicago, IL is $2,270 per month, up +5.1% from a year earlier.
Advertised net-effective rent — asking less advertised concessions — is $2,228, a median discount of +1.9% ($42/month) off asking.
In Chicago right now, the average listing leases in 16 days and 4,903 rentals are actively listed.
Lakeview is the most expensive area tracked at $3,284 median, while Justice is the most affordable at $1,350.
Source: the Abode Rent Index, computed from leased listings across MLS and Abode-managed communities, updated monthly. How these numbers are calculated
Neighborhood medians, January 2025
| Neighborhood | Median rent | 1 bed | 2 bed | MoM | YoY | Days on market |
|---|---|---|---|---|---|---|
| Lakeview | $3,284 | $2,448 | $4,161 | +62.8% | — | — |
| Lincoln Park | $3,056 | $2,490 | $3,751 | +4.8% | — | — |
| Old Town | $2,893 | $3,133 | $4,362 | +16.3% | — | — |
| Illinois Medical District | $2,884 | — | $3,280 | +37.9% | — | — |
| Fulton Market | $2,884 | $2,830 | $3,988 | -5.4% | — | — |
| River West | $2,875 | $2,386 | $3,865 | +15.0% | — | — |
| Streeterville | $2,831 | $2,606 | $3,833 | +10.5% | — | — |
| Near North Side | $2,816 | $2,729 | $3,500 | +7.3% | — | — |
| Dunning | $2,750 | — | — | +7.8% | — | — |
| West Loop | $2,699 | $2,480 | $3,608 | +3.9% | — | — |
| Near West Side | $2,625 | $2,324 | $2,983 | -2.8% | — | — |
| Wicker Park | $2,625 | — | — | +27.3% | — | — |
| North Center | $2,613 | — | $2,495 | +20.0% | — | — |
| United Center | $2,600 | — | — | — | — | — |
| River North | $2,571 | $2,560 | $3,620 | -6.4% | — | — |
| River Grove | $2,525 | — | — | -4.7% | — | — |
| Loop | $2,497 | $2,442 | $3,427 | 0.0% | — | — |
| Evanstonsuburb | $2,494 | $2,025 | $3,023 | +18.4% | — | — |
| Warrenvillesuburb | $2,473 | — | — | — | — | — |
| Lakeshore East | $2,459 | $2,428 | $3,630 | -1.9% | — | — |
| South Loop | $2,430 | $2,337 | $2,980 | +9.8% | — | — |
| Logan Square | $2,409 | $2,375 | $2,575 | +3.6% | — | — |
| Near South Side | $2,400 | $2,200 | $2,775 | -10.7% | — | — |
| Avondale | $2,400 | — | $1,900 | +41.1% | — | — |
| Napervillesuburb | $2,376 | $1,700 | $2,222 | +10.7% | — | — |
| Rush & Division | $2,358 | — | — | — | — | — |
| Grand Boulevard | $2,350 | — | — | +20.5% | — | — |
| Des Plainessuburb | $2,348 | — | — | -0.1% | — | — |
| Mount Prospectsuburb | $2,347 | $2,322 | — | — | — | — |
| Skokiesuburb | $2,325 | — | $2,300 | +10.0% | — | — |
| Bronzeville | $2,325 | — | — | +3.3% | — | — |
| West Town | $2,314 | $1,913 | $2,395 | -1.5% | — | — |
| Fulton River District | $2,295 | $2,320 | $3,546 | +7.0% | — | — |
| Little Italy | $2,275 | — | $2,400 | — | — | — |
| Palatinesuburb | $2,274 | — | $2,159 | +9.0% | — | — |
| Gold Coast | $2,266 | $2,245 | $3,702 | -7.1% | — | — |
| Oak Parksuburb | $2,257 | $2,224 | $3,337 | +26.3% | — | — |
| Lake View | $2,250 | $1,995 | $3,185 | -10.0% | — | — |
| Arlington Heightssuburb | $2,218 | $2,022 | $2,312 | +6.7% | — | — |
| Lincoln Square | $2,200 | — | — | +20.5% | — | — |
| Bucktown | $2,188 | — | — | -7.4% | — | — |
| Printers Row | $2,157 | $2,370 | $3,089 | -3.9% | — | — |
| Woodridgesuburb | $2,149 | $2,044 | $2,263 | +4.0% | — | — |
| Woodlawn | $2,100 | — | — | +18.3% | — | — |
| Irving Park | $2,098 | — | $1,900 | +40.3% | — | — |
| Schaumburgsuburb | $2,070 | — | $2,073 | -5.7% | — | — |
| Ukrainian Village | $2,050 | — | $2,050 | -0.7% | — | — |
| Wheatonsuburb | $2,038 | — | $2,235 | +14.2% | — | — |
| Wheelingsuburb | $2,015 | — | — | — | — | — |
| Albany Park | $1,998 | — | — | +17.5% | — | — |
| Rogers Park | $1,913 | $1,475 | $1,986 | +13.2% | — | — |
| North Lawndale | $1,900 | — | — | — | — | — |
| Aurorasuburb | $1,848 | — | $1,910 | +12.1% | — | — |
| West Ridge | $1,800 | — | — | -5.0% | — | — |
| Auburn Gresham | $1,800 | — | — | +9.1% | — | — |
| Hoffman Estatessuburb | $1,788 | $1,742 | — | -14.0% | — | — |
| Pilsen | $1,773 | — | $1,548 | -4.3% | — | — |
| Portage Park | $1,750 | — | $1,763 | -2.8% | — | — |
| Ravenswood | $1,728 | — | — | — | — | — |
| Hyde Park | $1,727 | $1,513 | $1,765 | +32.4% | — | — |
| Austin | $1,725 | — | — | — | — | — |
| East Garfield Park | $1,725 | — | — | — | — | — |
| Garfield Park | $1,700 | — | — | -2.7% | — | — |
| Bridgeport | $1,698 | — | — | — | — | — |
| Uptown | $1,673 | $1,759 | $2,803 | -8.5% | — | — |
| Buena Park | $1,673 | $1,622 | — | -9.6% | — | — |
| Edgewater | $1,641 | $1,605 | $2,200 | -8.7% | — | — |
| Lower West Side | $1,625 | — | $1,598 | -1.5% | — | — |
| South Shore | $1,600 | — | $1,545 | +10.3% | — | — |
| Humboldt Park | $1,575 | — | — | +5.0% | — | — |
| Belmont Cragin | $1,550 | — | — | -18.4% | — | — |
| Ohare | $1,490 | $1,490 | $1,815 | -19.2% | — | — |
| Justicesuburb | $1,350 | — | $1,405 | -2.5% | — | — |
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Neighborhoods with samples below the publishing threshold are omitted for this month. Methodology