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Chicago Rent Report — March 2025

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

See the live Chicago Rent Index →

This month in Chicago

As of March 2025, the median asking rent in Chicago, IL is $2,357 per month, up +9.5% 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 16 days and 4,903 rentals are actively listed.

Wilmette is the most expensive area tracked at $3,763 median, while Justice is the most affordable at $1,295.

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

NeighborhoodMedian rent1 bed2 bedMoMYoYDays 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%——
South Loop$2,565$2,553$3,178+1.0%——
Printers Row$2,557$2,564$3,533+12.7%——
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%——
Lakeview$2,426$2,426$3,099+3.2%——
Evanstonsuburb$2,408$2,340$2,629-6.5%——
Gold Coast$2,395$2,347$3,432+1.4%——
Lincolnwoodsuburb$2,382——+11.4%——
Downers Grove$2,375—————
University Village$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%——
Bronzeville$2,300——+8.2%——
Grand Boulevard$2,300——+7.6%——
Woodridgesuburb$2,266—$2,300+11.4%——
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%——
Arlington Heightssuburb$2,200$2,058$2,542-3.3%——
Ukrainian Village$2,200—$2,250-27.1%——
Avondale$2,100—$2,0000.0%——
Palatinesuburb$2,065$1,545$2,099-16.3%——
Deerfieldsuburb$2,020——-21.2%——
Bridgeport$2,000——+11.1%——
Dunning$2,000——-9.5%——
Wheelingsuburb$1,990$1,990—0.0%——
Woodlawn$1,950——-11.2%——
Skokiesuburb$1,950—$1,950-25.0%——
Irving Park$1,950—$1,800+5.4%——
Aurorasuburb$1,907$1,725$1,978-6.2%——
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%——
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%——
Ohare$1,751$1,655$2,189+12.9%——
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%——
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$1,546$1,533—+2.9%——
Auburn Gresham$1,500—————
South Shore$1,388——-4.3%——
South Lawndale$1,350—————
Little Village$1,350—————
Justicesuburb$1,295—$1,285-1.6%——

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