Chicago Rent Report — March 2025
A permanent record of Chicago rents for March 2025 from the Abode Rent Index. These figures are final.
This month in Chicago
As of March 2025, the median asking rent in Chicago, IL is $2,357 per month, up +11.0% from a year earlier.
Advertised net-effective rent — asking less advertised concessions — is $2,347, a median discount of +0.4% ($10/month) off asking.
In Chicago right now, the average listing leases in 15 days and 7,277 rentals are actively listed.
The fastest-rising neighborhoods year over year are Lakeview (+15.5%), South Loop (+10.4%), O'Hare (+10.3%).
Wilmette is the most expensive area tracked at $3,763 median, while Justice is the most affordable at $1,290.
Source: the Abode Rent Index, computed from leased listings across MLS and Abode-managed communities, updated monthly. How these numbers are calculated
Neighborhood medians, March 2025
| Neighborhood | Median rent | 1 bed | 2 bed | MoM | YoY | Days on market |
|---|---|---|---|---|---|---|
| Wilmette | $3,763 | — | — | — | — | — |
| Sheffield & DePaul | $3,275 | — | — | — | — | — |
| North Center | $2,995 | — | $2,325 | +26.1% | — | — |
| River West | $2,927 | $2,774 | $3,436 | +7.6% | — | — |
| Near North Side | $2,916 | $2,703 | $4,130 | +9.5% | — | — |
| Old Town | $2,915 | $2,868 | $4,105 | +4.2% | — | — |
| Near West Side | $2,900 | $2,375 | $3,151 | +11.5% | — | — |
| River North | $2,897 | $2,691 | $3,980 | +5.8% | — | — |
| United Center | $2,850 | — | — | — | — | — |
| West Loop | $2,841 | $2,619 | $3,492 | +4.6% | — | — |
| Bucktown | $2,810 | — | $2,928 | +2.6% | — | — |
| Near South Side | $2,800 | $2,250 | $2,925 | +5.7% | — | — |
| Lincoln Park | $2,751 | $2,729 | $4,192 | -2.8% | — | — |
| Streeterville | $2,749 | $2,486 | $4,293 | +8.0% | — | — |
| Roscoe Village | $2,725 | — | — | — | — | — |
| Wicker Park | $2,706 | $2,695 | — | -12.5% | — | — |
| Wrigleyville | $2,700 | — | — | — | — | — |
| Fulton Market | $2,676 | $2,703 | — | -6.1% | — | — |
| Fulton River District | $2,668 | $2,668 | $3,709 | +8.6% | — | — |
| East Village | $2,648 | — | — | — | — | — |
| Lakeshore East | $2,634 | $2,526 | $3,715 | -15.8% | — | — |
| Logan Square | $2,566 | $2,359 | $2,762 | +8.8% | — | — |
| Printers Row | $2,560 | $2,564 | $3,533 | +8.1% | +8.7% | — |
| South Loop | $2,551 | $2,545 | $3,158 | +1.3% | +10.4% | — |
| West Town | $2,528 | $2,367 | $2,500 | +1.1% | — | — |
| Loop | $2,521 | $2,412 | $3,241 | -8.4% | — | — |
| Lake View | $2,500 | $2,095 | $2,748 | +5.8% | — | — |
| Little Italy | $2,450 | — | $2,450 | +5.4% | — | — |
| Evanstonsuburb | $2,408 | $2,340 | $2,629 | -6.5% | — | — |
| Gold Coast | $2,395 | $2,347 | $3,432 | +1.4% | — | — |
| Lakeview | $2,391 | $2,391 | $3,086 | +3.1% | +15.5% | — |
| University Village | $2,375 | — | — | — | — | — |
| Downers Grove | $2,375 | — | — | — | — | — |
| Napervillesuburb | $2,369 | $1,759 | $2,206 | -2.5% | — | — |
| Rush & Division | $2,340 | $2,325 | — | +6.4% | — | — |
| Mount Prospectsuburb | $2,338 | $2,360 | — | +1.7% | — | — |
| Lincolnwoodsuburb | $2,336 | — | — | +9.6% | -26.4% | — |
| Bronzeville | $2,300 | — | — | +8.2% | — | — |
| Grand Boulevard | $2,300 | — | — | +7.6% | — | — |
| Woodridgesuburb | $2,282 | — | $2,300 | +14.2% | -3.2% | — |
| Oak Parksuburb | $2,255 | $2,238 | $2,732 | -3.6% | — | — |
| Schaumburgsuburb | $2,250 | — | $2,100 | +2.3% | — | — |
| Ravenswood | $2,233 | $1,725 | — | +18.4% | — | — |
| Illinois Medical District | $2,225 | $2,225 | $2,778 | -20.9% | — | — |
| Hoffman Estatessuburb | $2,208 | $1,568 | $1,810 | +2.0% | — | — |
| Ukrainian Village | $2,200 | — | $2,250 | -27.1% | — | — |
| Arlington Heightssuburb | $2,200 | $2,058 | $2,542 | -3.3% | — | — |
| Avondale | $2,100 | — | $2,000 | 0.0% | — | — |
| Palatinesuburb | $2,065 | $1,545 | $2,099 | -16.3% | — | — |
| Bridgeport | $2,000 | — | — | +11.1% | — | — |
| Dunning | $2,000 | — | — | -9.5% | — | — |
| Deerfieldsuburb | $1,994 | — | — | -13.7% | — | — |
| Wheelingsuburb | $1,990 | $1,990 | — | 0.0% | — | — |
| Skokiesuburb | $1,950 | — | $1,950 | -25.0% | — | — |
| Irving Park | $1,950 | — | $1,800 | +5.4% | — | — |
| Woodlawn | $1,950 | — | — | -11.2% | — | — |
| Aurorasuburb | $1,937 | $1,722 | $1,975 | -5.9% | +1.8% | — |
| Albany Park | $1,900 | — | $1,903 | -9.7% | — | — |
| Buena Park | $1,884 | $1,859 | — | +8.7% | — | — |
| Lislesuburb | $1,865 | — | — | — | — | — |
| Portage Park | $1,850 | — | $1,850 | +10.4% | — | — |
| Uptown | $1,836 | $1,802 | $2,793 | +3.4% | — | — |
| Rogers Park | $1,815 | $1,619 | $1,962 | -0.9% | +8.0% | — |
| Humboldt Park | $1,800 | — | $1,550 | +5.9% | — | — |
| Pilsen | $1,787 | $2,072 | $1,673 | -7.6% | — | — |
| Edgewater | $1,779 | $1,695 | $2,292 | +3.4% | — | — |
| Wheatonsuburb | $1,735 | $1,690 | $2,180 | +3.9% | — | — |
| Lower West Side | $1,725 | — | $1,695 | -6.8% | — | — |
| Belmont Cragin | $1,725 | — | $1,725 | -9.2% | — | — |
| O'Hare | $1,707 | $1,655 | $2,189 | +10.4% | +10.3% | — |
| North Lawndale | $1,700 | — | — | — | — | — |
| Chatham | $1,700 | — | — | — | — | — |
| West Ridge | $1,695 | $1,395 | $1,695 | +0.6% | — | — |
| Austin | $1,675 | — | — | +1.5% | — | — |
| Lincoln Square | $1,642 | $1,595 | $1,900 | -11.2% | — | — |
| Hyde Park | $1,585 | $1,530 | $1,796 | -8.4% | — | — |
| Hermosa | $1,580 | — | $1,580 | +10.9% | — | — |
| La Grange Parksuburb | $1,540 | $1,533 | — | +3.6% | — | — |
| Auburn Gresham | $1,500 | — | — | — | — | — |
| South Shore | $1,388 | — | — | -4.3% | — | — |
| South Lawndale | $1,350 | — | — | — | — | — |
| Little Village | $1,350 | — | — | — | — | — |
| Justicesuburb | $1,290 | — | $1,285 | -2.7% | -8.9% | — |
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Neighborhoods with samples below the publishing threshold are omitted for this month. Methodology