Chicago Rent Report — February 2025
A permanent record of Chicago rents for February 2025 from the Abode Rent Index. These figures are final.
This month in Chicago
As of February 2025, the median asking rent in Chicago, IL is $2,298 per month, up +3.1% from a year earlier.
Advertised net-effective rent — asking less advertised concessions — is $2,276, a median discount of +1.0% ($22/month) off asking.
In Chicago right now, the average listing leases in 16 days and 4,903 rentals are actively listed.
Lakeshore East is the most expensive area tracked at $3,129 median, while Justice is the most affordable at $1,358.
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
| Neighborhood | Median rent | 1 bed | 2 bed | MoM | YoY | Days on market |
|---|---|---|---|---|---|---|
| Lakeshore East | $3,129 | $2,569 | $3,574 | +28.8% | — | — |
| Wicker Park | $3,091 | $2,695 | — | +17.8% | — | — |
| Ukrainian Village | $3,018 | — | — | +47.2% | — | — |
| Fulton Market | $2,849 | $2,849 | — | +8.1% | — | — |
| Lincoln Park | $2,843 | $2,651 | $4,053 | -4.5% | — | — |
| Deerfieldsuburb | $2,805 | $2,217 | $2,899 | — | — | — |
| Old Town | $2,783 | $2,705 | $4,055 | -4.0% | — | — |
| West Loop | $2,748 | $2,587 | $3,593 | +0.9% | — | — |
| Loop | $2,745 | $2,325 | $3,608 | +11.7% | — | — |
| River North | $2,741 | $2,603 | $3,745 | +6.5% | — | — |
| Bucktown | $2,738 | $2,600 | — | +28.5% | — | — |
| River West | $2,718 | $2,622 | $3,140 | -7.6% | — | — |
| Illinois Medical District | $2,711 | $2,463 | $2,984 | -2.0% | — | — |
| Near North Side | $2,662 | $2,601 | $3,650 | -3.2% | — | — |
| Near South Side | $2,650 | $2,238 | $3,000 | +10.4% | — | — |
| Near West Side | $2,600 | $2,513 | $3,000 | -1.0% | — | — |
| Des Plainessuburb | $2,600 | — | — | +10.7% | — | — |
| Skokiesuburb | $2,600 | — | — | +11.8% | — | — |
| Evanstonsuburb | $2,575 | $2,079 | $2,909 | +3.2% | — | — |
| Streeterville | $2,552 | $2,573 | $4,487 | -9.9% | — | — |
| South Loop | $2,552 | $2,525 | $3,245 | +4.7% | — | — |
| West Town | $2,500 | $2,150 | $2,500 | +8.0% | — | — |
| Palatinesuburb | $2,463 | $1,375 | $2,155 | +9.0% | — | — |
| Fulton River District | $2,457 | $2,521 | $3,646 | +7.1% | — | — |
| Warrenvillesuburb | $2,446 | — | — | +3.2% | — | — |
| Napervillesuburb | $2,433 | $1,704 | $2,135 | +3.1% | — | — |
| Lakeview | $2,411 | $2,343 | $3,552 | -28.4% | — | — |
| Gold Coast | $2,382 | $2,305 | $3,348 | +5.9% | — | — |
| North Center | $2,375 | — | $2,348 | -9.1% | — | — |
| Lake View | $2,364 | $1,950 | $2,655 | +5.1% | — | — |
| Logan Square | $2,359 | $1,995 | $2,400 | -1.2% | — | — |
| Oak Parksuburb | $2,355 | $2,436 | $3,265 | +4.7% | — | — |
| Lincolnwoodsuburb | $2,332 | $2,324 | — | — | — | — |
| Little Italy | $2,325 | — | — | +2.2% | — | — |
| Mount Prospectsuburb | $2,300 | — | — | -0.2% | — | — |
| Arlington Heightssuburb | $2,274 | $1,800 | $2,274 | +2.5% | — | — |
| Printers Row | $2,268 | $2,488 | $3,132 | +5.1% | — | — |
| Boystown | $2,266 | — | — | — | — | — |
| Dunning | $2,210 | — | — | -19.6% | — | — |
| Rush & Division | $2,200 | — | — | -6.7% | — | — |
| Schaumburgsuburb | $2,200 | — | $2,100 | +6.3% | — | — |
| Woodlawn | $2,195 | — | — | +4.5% | — | — |
| Hoffman Estatessuburb | $2,165 | $1,598 | $1,960 | +21.1% | — | — |
| Grand Boulevard | $2,138 | — | — | -9.0% | — | — |
| Bronzeville | $2,125 | — | $2,000 | -8.6% | — | — |
| Albany Park | $2,100 | — | — | +5.1% | — | — |
| Avondale | $2,100 | — | $2,338 | -12.5% | — | — |
| Woodridgesuburb | $2,035 | $1,956 | — | -5.3% | — | — |
| Aurorasuburb | $2,034 | $1,670 | $2,070 | +10.1% | — | — |
| Wheelingsuburb | $1,990 | $1,985 | — | -1.2% | — | — |
| Pilsen | $1,980 | $2,260 | — | +10.2% | — | — |
| Belmont Cragin | $1,900 | — | — | +22.6% | — | — |
| Ravenswood | $1,886 | — | — | +9.1% | — | — |
| Lower West Side | $1,850 | — | $1,850 | +13.8% | — | — |
| Lincoln Square | $1,850 | — | $1,898 | -15.9% | — | — |
| Irving Park | $1,850 | — | $1,838 | -11.8% | — | — |
| Rogers Park | $1,810 | $1,624 | $1,999 | -4.3% | — | — |
| Bridgeport | $1,800 | — | — | +6.0% | — | — |
| Uptown | $1,776 | $1,787 | $2,814 | +6.2% | — | — |
| Buena Park | $1,734 | $1,652 | — | +3.6% | — | — |
| Hyde Park | $1,730 | $1,376 | $4,175 | +0.2% | — | — |
| Edgewater | $1,721 | $1,803 | $2,603 | +4.9% | — | — |
| Humboldt Park | $1,700 | — | $1,650 | +7.9% | — | — |
| West Ridge | $1,685 | — | $1,925 | -6.4% | — | — |
| Portage Park | $1,675 | — | $1,750 | -4.3% | — | — |
| Wheatonsuburb | $1,670 | $1,632 | — | -18.1% | — | — |
| Austin | $1,650 | — | — | -4.3% | — | — |
| Westmontsuburb | $1,564 | $1,554 | — | — | — | — |
| Ohare | $1,551 | $1,540 | — | +4.1% | — | — |
| La Grange Parksuburb | $1,503 | — | — | — | — | — |
| South Shore | $1,450 | — | $1,500 | -9.4% | — | — |
| Hermosa | $1,425 | — | — | — | — | — |
| Justicesuburb | $1,358 | $1,110 | $1,358 | -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