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Chicago Rent Report — January 2025

A permanent record of Chicago rents for January 2025 from the Abode Rent Index. These figures are final.

See the live Chicago Rent Index →

This month in Chicago

As of January 2025, the median asking rent in Chicago, IL is $2,100 per month, down +4.5% 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 Lakeview (+85.2%), Justice (+10.6%), Aurora (+6.9%).

Lakeview is the most expensive area tracked at $3,871 median, while Justice is the most affordable at $1,405.

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

NeighborhoodMedian rent1 bed2 bedMoMYoYDays on market
Lakeview$3,871$2,414$3,871+84.2%+85.2%
River West$3,289+14.4%
Lincoln Park$3,075$2,250$3,500+33.9%
Streeterville$2,900$2,375$3,504+5.5%
West Loop$2,825$2,400$3,400+4.6%
Napervillesuburb$2,800$2,225+17.9%
Old Town$2,750+29.4%
Dunning$2,750+7.8%
Near West Side$2,625$2,324$2,983-2.8%
Wicker Park$2,625+38.2%
North Center$2,613$2,495+20.0%
Near North Side$2,600$2,350$3,500-7.1%
Loop$2,600$2,350$3,200-4.6%
United Center$2,600
River Grove$2,525-4.7%
West Town$2,500$1,913$2,3950.0%
Gold Coast$2,5000.0%
Logan Square$2,450$2,575+14.0%
River North$2,450$2,350$3,500-18.3%
Palatinesuburb$2,450$2,200
Arlington Heightssuburb$2,448+11.7%
Avondale$2,400$1,900+41.1%
Near South Side$2,400$2,200$2,775-10.7%
Printers Row$2,370$2,370$3,089-2.1%+3.8%
Rush & Division$2,358
Warrenvillesuburb$2,352
Grand Boulevard$2,350+20.5%
Des Plainessuburb$2,348-0.1%
Bucktown$2,325+1.1%
Skokiesuburb$2,325$2,300+10.0%
Bronzeville$2,325+3.3%
South Loop$2,301$2,301$2,964+1.1%-14.9%
Little Italy$2,275$2,400
Woodridgesuburb$2,263$1,910$2,263+17.5%+3.3%
Lake View$2,250$1,995$3,185-10.0%
Lincoln Square$2,200+20.5%
Evanstonsuburb$2,195$1,598$2,200+15.5%
Oak Parksuburb$2,100+27.4%
Schaumburgsuburb$2,100$2,073-4.3%
Woodlawn$2,100+18.3%
Irving Park$2,098$1,900+40.3%
Ukrainian Village$2,050$2,050-0.7%
Wheatonsuburb$2,000+11.1%
Albany Park$1,998+17.5%
Hyde Park$1,950+50.0%
Aurorasuburb$1,932$1,932+3.0%+6.9%
North Lawndale$1,900
Roseland$1,900
Auburn Gresham$1,800+9.1%
West Ridge$1,800-5.0%
Portage Park$1,750$1,763-2.8%
Austin$1,725
East Garfield Park$1,725
Uptown$1,700$1,700$2,700-5.3%
Garfield Park$1,700-2.7%
Bridgeport$1,698
Buena Park$1,694$1,694-19.3%
Edgewater$1,688$1,600$2,200-10.0%
Lower West Side$1,625$1,598-1.5%
Pilsen$1,625$1,5480.0%
Rogers Park$1,600$1,475$1,708+1.6%
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$1,815-20.7%-9.7%
Justicesuburb$1,405$1,405+3.7%+10.6%

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