Chicago Rent Report — May 2025
A permanent record of Chicago rents for May 2025 from the Abode Rent Index. These figures are final.
This month in Chicago
As of May 2025, the median asking rent in Chicago, IL is $2,412 per month, up +4.2% from a year earlier.
Advertised net-effective rent — asking less advertised concessions — is $2,398, a median discount of +0.6% ($14/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 $4,500 median, while Justice is the most affordable at $1,305.
Source: the Abode Rent Index, computed from leased listings across MLS and Abode-managed communities, updated monthly. How these numbers are calculated
Neighborhood medians, May 2025
| Neighborhood | Median rent | 1 bed | 2 bed | MoM | YoY | Days on market |
|---|---|---|---|---|---|---|
| Wilmette | $4,500 | — | — | +28.8% | — | — |
| Sheffield & DePaul | $4,050 | — | — | +8.0% | — | — |
| Libertyville | $3,350 | — | — | — | — | — |
| River Grove | $3,325 | — | — | +33.0% | — | — |
| Glenviewsuburb | $3,275 | — | — | +9.2% | — | — |
| Old Town | $3,264 | $2,818 | $4,257 | -3.9% | — | — |
| Fulton Market | $3,196 | $2,959 | $3,987 | +4.2% | — | — |
| Near North Side | $3,081 | $2,901 | $3,948 | +5.1% | — | — |
| River North | $3,016 | $2,804 | $4,067 | +5.4% | — | — |
| Skokiesuburb | $3,000 | — | — | +51.9% | — | — |
| Wicker Park | $2,964 | $2,930 | $2,500 | +0.4% | — | — |
| River West | $2,959 | $2,628 | $3,660 | +10.2% | — | — |
| Streeterville | $2,958 | $2,628 | $3,815 | +1.9% | — | — |
| East Village | $2,948 | — | — | -13.2% | — | — |
| Lincoln Park | $2,935 | $2,600 | $4,537 | -6.1% | — | — |
| Fulton River District | $2,908 | $2,715 | $3,829 | +8.8% | — | — |
| West Loop | $2,874 | $2,665 | $3,743 | -2.2% | — | — |
| Near West Side | $2,850 | $2,500 | $3,100 | +3.6% | — | — |
| Rush & Division | $2,710 | $2,452 | — | +11.2% | — | — |
| Little Italy | $2,700 | — | $2,350 | +12.5% | — | — |
| Near South Side | $2,675 | $2,300 | $3,095 | -4.3% | — | — |
| Lakeshore East | $2,647 | $2,717 | $4,232 | -5.5% | — | — |
| West Town | $2,642 | $2,098 | $3,019 | -4.2% | — | — |
| Loop | $2,617 | $2,551 | $3,466 | +4.3% | — | — |
| Lake View | $2,600 | $2,100 | $3,050 | 0.0% | — | — |
| United Center | $2,600 | — | $2,800 | -3.7% | — | — |
| South Loop | $2,554 | $2,488 | $3,515 | -1.6% | — | — |
| Bucktown | $2,550 | $2,552 | $2,550 | -0.7% | — | — |
| Printers Row | $2,508 | $2,558 | $3,484 | +3.1% | — | — |
| Lincolnwoodsuburb | $2,503 | $2,382 | — | -21.3% | — | — |
| Wrigleyville | $2,500 | — | $2,775 | -3.5% | — | — |
| Woodridgesuburb | $2,482 | $2,048 | $2,615 | +8.0% | — | — |
| Illinois Medical District | $2,449 | $2,123 | $2,800 | +6.5% | — | — |
| Napervillesuburb | $2,446 | $1,857 | $2,248 | +1.0% | — | — |
| Lakeview | $2,417 | $2,388 | $3,474 | -2.8% | — | — |
| North Center | $2,400 | — | $2,325 | -4.0% | — | — |
| Gold Coast | $2,395 | $2,403 | $3,447 | -0.4% | — | — |
| Evanstonsuburb | $2,386 | $2,321 | $2,907 | +1.3% | — | — |
| Des Plainessuburb | $2,369 | — | — | -10.3% | — | — |
| Logan Square | $2,357 | $2,124 | $2,864 | -2.3% | — | — |
| Grand Boulevard | $2,350 | — | — | +2.2% | — | — |
| Ravenswood | $2,346 | $2,041 | — | +13.5% | — | — |
| Mount Prospectsuburb | $2,325 | — | — | -34.0% | — | — |
| Schaumburgsuburb | $2,300 | — | $2,200 | +5.3% | — | — |
| University Village | $2,300 | — | — | -4.2% | — | — |
| Warrenvillesuburb | $2,279 | $2,261 | — | -11.7% | — | — |
| Ukrainian Village | $2,275 | — | $2,150 | -15.6% | — | — |
| Arlington Heightssuburb | $2,245 | $2,178 | $2,200 | -3.9% | — | — |
| Oak Parksuburb | $2,233 | $2,386 | $2,656 | +6.5% | — | — |
| Avondale | $2,195 | — | $2,000 | -14.8% | — | — |
| Deerfieldsuburb | $2,184 | $2,125 | $2,780 | +6.5% | — | — |
| Dunning | $2,150 | — | — | -2.3% | — | — |
| Hoffman Estatessuburb | $2,108 | $1,610 | $1,895 | +9.3% | — | — |
| Wheatonsuburb | $2,072 | $1,778 | $2,458 | +1.3% | — | — |
| Lincoln Square | $2,050 | $1,673 | $2,425 | -14.6% | — | — |
| Bronzeville | $2,037 | — | — | +2.3% | — | — |
| Uptown | $2,032 | $1,971 | $2,967 | +4.9% | — | — |
| Wheelingsuburb | $2,027 | $1,930 | — | -5.7% | — | — |
| Aurorasuburb | $2,024 | $1,762 | $2,070 | -4.9% | — | — |
| Buena Park | $2,003 | $1,950 | — | -2.7% | — | — |
| Hyde Park | $1,984 | $1,594 | $2,136 | +16.4% | — | — |
| Palatinesuburb | $1,979 | $1,510 | $2,150 | -8.3% | — | — |
| Boystown | $1,923 | — | — | -3.6% | — | — |
| Humboldt Park | $1,920 | — | — | -4.0% | — | — |
| Lower West Side | $1,900 | $1,715 | $1,750 | +0.1% | — | — |
| Irving Park | $1,895 | $1,498 | $1,850 | -1.6% | — | — |
| Pilsen | $1,881 | $1,715 | $1,700 | -15.2% | — | — |
| Lislesuburb | $1,871 | $1,825 | — | -14.0% | — | — |
| Jefferson Park | $1,850 | — | — | -17.8% | — | — |
| Austin | $1,850 | — | — | +8.8% | — | — |
| West Ridge | $1,825 | — | $1,750 | +10.6% | — | — |
| New City | $1,750 | — | — | -15.7% | — | — |
| Albany Park | $1,725 | — | $1,700 | -13.8% | — | — |
| Woodlawn | $1,700 | — | — | -15.0% | — | — |
| Belmont Cragin | $1,700 | — | $1,588 | -12.8% | — | — |
| South Lawndale | $1,700 | — | — | +11.5% | — | — |
| Little Village | $1,700 | — | — | +11.5% | — | — |
| East Garfield Park | $1,691 | — | — | — | — | — |
| Garfield Park | $1,691 | — | — | — | — | — |
| Ohare | $1,663 | $1,662 | — | +1.9% | — | — |
| Edgewater | $1,648 | $1,704 | $2,223 | +0.1% | — | — |
| Bridgeport | $1,640 | — | $1,595 | -23.6% | — | — |
| Rogers Park | $1,628 | $1,463 | $1,896 | -8.3% | — | — |
| Portage Park | $1,625 | $1,346 | $1,750 | -4.4% | — | — |
| Auburn Gresham | $1,595 | — | — | +16.0% | — | — |
| Hermosa | $1,588 | — | — | — | — | — |
| La Grange Parksuburb | $1,577 | $1,560 | — | +3.1% | — | — |
| North Lawndale | $1,500 | — | — | -9.1% | — | — |
| South Shore | $1,464 | — | — | +1.0% | — | — |
| Westmontsuburb | $1,452 | $1,439 | — | -18.6% | — | — |
| Justicesuburb | $1,305 | $1,100 | $1,348 | -0.4% | — | — |
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Neighborhoods with samples below the publishing threshold are omitted for this month. Methodology