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Chicago Rent Report — February 2025

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

See the live Chicago Rent Index →

This month in Chicago

As of February 2025, the median asking rent in Chicago, IL is $2,200 per month, down +7.4% 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 South Loop (+15.5%), Justice (+14.7%), Aurora (+12.6%).

Lakeshore East is the most expensive area tracked at $3,725 median, while Hermosa is the most affordable at $1,425.

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

Neighborhood medians, February 2025

NeighborhoodMedian rent1 bed2 bedMoMYoYDays on market
Lakeshore East$3,725
Wicker Park$3,475+32.4%
Loop$3,200$2,275$3,450+23.1%
River West$2,999$3,140-8.8%
Bucktown$2,965+27.5%
West Loop$2,900$2,525$3,375+2.7%
Lincoln Park$2,875$2,400$3,550-6.5%
Palatinesuburb$2,825+15.3%
Napervillesuburb$2,800$2,1000.0%
River North$2,650$2,350$3,500+8.2%
Near South Side$2,650$2,238$3,000+10.4%
Hoffman Estatessuburb$2,625
Near West Side$2,600$2,513$3,000-1.0%
Skokiesuburb$2,600+11.8%
Des Plainessuburb$2,600+10.7%
Old Town$2,525$2,295-8.2%
Near North Side$2,500$2,350$3,650-3.8%
West Town$2,500$2,150$2,5000.0%
Gold Coast$2,5000.0%
Arlington Heightssuburb$2,500+2.1%
Logan Square$2,488$2,400+1.6%
Printers Row$2,488$2,488$3,132+5.0%+6.5%
South Loop$2,479$2,479$3,106+7.7%+15.5%
Streeterville$2,450$2,423$4,048-15.5%
Warrenvillesuburb$2,446+4.0%+8.3%
North Center$2,375$2,348-9.1%
Lake View$2,364$1,950$2,655+5.1%
Little Italy$2,325+2.2%
Lincolnwoodsuburb$2,317$2,317
Mount Prospectsuburb$2,300
Boystown$2,266
Lakeview$2,230$2,230$3,508-42.4%-2.8%
Ukrainian Village$2,225+8.5%
Dunning$2,210-19.6%
Schaumburgsuburb$2,200$2,100+4.8%
Rush & Division$2,200-6.7%
Woodlawn$2,195+4.5%
Hyde Park$2,144+9.9%
Grand Boulevard$2,138-9.0%
Bronzeville$2,125$2,000-8.6%
Deerfieldsuburb$2,123
Evanstonsuburb$2,100$1,625$2,325-4.3%
Avondale$2,100$2,338-12.5%
Oak Parksuburb$2,1000.0%
Albany Park$2,100+5.1%
Aurorasuburb$2,098$1,612$2,098+8.6%+12.6%
Woodridgesuburb$1,956$1,956-13.6%-13.3%
Belmont Cragin$1,900+22.6%
Lincoln Square$1,850$1,898-15.9%
Lower West Side$1,850$1,850+13.8%
Irving Park$1,850$1,838-11.8%
Buena Park$1,830$1,655+8.0%
Ravenswood$1,810
Uptown$1,800$1,675$2,460+5.9%
Bridgeport$1,800+6.0%
Rogers Park$1,775$1,535$1,800+10.9%
Edgewater$1,750$1,695$2,495+3.7%
Humboldt Park$1,700$1,650+7.9%
West Ridge$1,685$1,925-6.4%
Portage Park$1,675$1,750-4.3%
Pilsen$1,650+1.5%
Austin$1,650-4.3%
Westmontsuburb$1,554$1,554
Ohare$1,540$1,540+3.4%-9.4%
La Grange Parksuburb$1,469
South Shore$1,450$1,500-9.4%
Justicesuburb$1,445$1,048$1,445+2.8%+14.7%
Hermosa$1,425

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