Chicago Rent Report — August 2025
A permanent record of Chicago rents for August 2025 from the Abode Rent Index. These figures are final.
This month in Chicago
As of August 2025, the median asking rent in Chicago, IL is $2,303 per month, up +6.4% from a year earlier.
Advertised net-effective rent — asking less advertised concessions — is $2,285, a median discount of +0.8% ($18/month) off asking.
In Chicago right now, the average listing leases in 16 days and 4,903 rentals are actively listed.
The fastest-rising neighborhoods year over year are Little Italy (+16.3%), Schaumburg (+10.9%), Near South Side (+8.4%).
Lakeshore East is the most expensive area tracked at $3,179 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, August 2025
| Neighborhood | Median rent | 1 bed | 2 bed | MoM | YoY | Days on market |
|---|---|---|---|---|---|---|
| Lakeshore East | $3,179 | $2,734 | $4,090 | +9.2% | — | — |
| Near North Side | $3,029 | $2,475 | $3,700 | -0.3% | — | — |
| River West | $2,930 | $2,610 | $3,641 | -4.6% | — | — |
| Wrigleyville | $2,900 | — | — | +16.0% | — | — |
| Old Town | $2,899 | $2,908 | $3,939 | -4.7% | — | — |
| Fulton Market | $2,845 | $2,833 | $3,989 | -13.9% | — | — |
| River North | $2,843 | $2,678 | $4,029 | +2.1% | — | — |
| West Town | $2,842 | $2,475 | $3,123 | +14.2% | — | — |
| Near West Side | $2,825 | $2,575 | $3,000 | -2.6% | +6.6% | — |
| Wicker Park | $2,825 | $2,678 | $2,990 | +1.1% | — | — |
| Glenviewsuburb | $2,800 | — | — | -9.7% | — | — |
| Downers Grove | $2,799 | — | — | — | — | — |
| West Loop | $2,773 | $2,642 | $3,512 | +0.1% | — | — |
| Streeterville | $2,771 | $2,705 | $4,306 | +6.2% | — | — |
| United Center | $2,733 | — | — | +14.0% | — | — |
| Lincoln Park | $2,708 | $2,685 | $3,805 | -6.0% | — | — |
| Fulton River District | $2,638 | $2,656 | $4,095 | -11.2% | — | — |
| Loop | $2,625 | $2,511 | $3,498 | +0.9% | — | — |
| Bucktown | $2,622 | — | $2,516 | -6.3% | — | — |
| North Center | $2,600 | — | $2,575 | -5.5% | — | — |
| Near South Side | $2,600 | $2,300 | $2,950 | -1.9% | +8.4% | — |
| Sheffield & DePaul | $2,600 | — | — | -26.8% | — | — |
| University Village | $2,575 | — | — | +12.0% | — | — |
| Printers Row | $2,567 | $2,688 | $3,602 | +1.5% | — | — |
| Little Italy | $2,500 | — | $2,500 | 0.0% | +16.3% | — |
| Wheelingsuburb | $2,499 | $1,970 | $2,405 | +6.4% | — | — |
| Schaumburgsuburb | $2,495 | — | $2,200 | +12.6% | +10.9% | — |
| South Loop | $2,494 | $2,522 | $3,308 | -3.6% | — | — |
| Des Plainessuburb | $2,463 | — | — | -3.5% | — | — |
| Mount Prospectsuburb | $2,422 | $2,360 | — | -8.6% | — | — |
| Lake View | $2,395 | $1,900 | $3,000 | -11.3% | +4.4% | — |
| Gold Coast | $2,369 | $2,395 | $3,758 | +10.3% | — | — |
| Skokiesuburb | $2,359 | — | $2,311 | -3.0% | — | — |
| Lincoln Square | $2,325 | — | $2,275 | +10.7% | — | — |
| Lincolnwoodsuburb | $2,294 | $2,244 | $3,477 | -1.8% | — | — |
| Lakeview | $2,287 | $2,295 | $3,109 | -1.9% | — | — |
| Warrenvillesuburb | $2,278 | $2,078 | $2,422 | +6.5% | — | — |
| Napervillesuburb | $2,273 | $1,843 | $2,207 | -7.1% | — | — |
| Illinois Medical District | $2,250 | $2,244 | — | -1.0% | — | — |
| Deerfieldsuburb | $2,248 | $2,186 | — | -3.6% | — | — |
| Logan Square | $2,241 | $2,090 | $2,781 | -8.6% | — | — |
| Palatinesuburb | $2,235 | $1,555 | $2,219 | +2.9% | — | — |
| Evanstonsuburb | $2,230 | $1,742 | $2,634 | -7.7% | — | — |
| Ravenswood | $2,219 | $1,567 | $2,629 | -0.8% | — | — |
| East Village | $2,200 | — | — | -22.1% | — | — |
| Oak Parksuburb | $2,171 | $2,230 | $3,485 | -1.5% | — | — |
| Pilsen | $2,118 | $1,588 | $2,275 | +3.4% | — | — |
| Woodridgesuburb | $2,116 | $2,041 | — | -5.1% | — | — |
| Hoffman Estatessuburb | $2,095 | $1,615 | $2,015 | +3.4% | — | — |
| Arlington Heightssuburb | $2,058 | $1,814 | $2,325 | -16.8% | — | — |
| River Grove | $2,025 | — | — | +3.8% | — | — |
| Avondale | $2,000 | — | $1,998 | -9.1% | +4.6% | — |
| Woodlawn | $1,975 | — | — | -1.0% | — | — |
| Grand Boulevard | $1,975 | — | — | -11.2% | — | — |
| Lislesuburb | $1,968 | $2,005 | $2,510 | +3.8% | — | — |
| Wheatonsuburb | $1,955 | $1,722 | $2,138 | -5.8% | — | — |
| Ukrainian Village | $1,925 | — | $2,150 | -12.5% | — | — |
| Aurorasuburb | $1,906 | $1,712 | $2,056 | +0.8% | — | — |
| Bronzeville | $1,892 | — | — | -1.4% | — | — |
| Buena Park | $1,891 | $1,811 | $1,905 | -9.8% | — | — |
| Albany Park | $1,882 | — | $1,793 | +20.8% | — | — |
| Portage Park | $1,850 | — | — | +4.2% | — | — |
| Lower West Side | $1,850 | $1,600 | $1,975 | -6.3% | — | — |
| Hermosa | $1,850 | — | — | +17.5% | — | — |
| West Ridge | $1,823 | — | $1,713 | +7.6% | +1.3% | — |
| Dunning | $1,800 | — | — | — | — | — |
| Westmontsuburb | $1,762 | — | $1,814 | +3.9% | — | — |
| Hyde Park | $1,760 | $1,468 | $1,814 | +4.2% | — | — |
| Rogers Park | $1,751 | $1,481 | $1,986 | +8.4% | — | — |
| Boystown | $1,748 | — | — | — | — | — |
| Uptown | $1,727 | $1,875 | $2,626 | -14.4% | — | — |
| Irving Park | $1,700 | — | $1,800 | -8.1% | -11.7% | — |
| North Lawndale | $1,700 | — | — | 0.0% | — | — |
| Bridgeport | $1,695 | — | $1,595 | -3.1% | — | — |
| Edgewater | $1,668 | $1,734 | $2,300 | +1.3% | — | — |
| Humboldt Park | $1,650 | — | — | -10.8% | — | — |
| La Grange Parksuburb | $1,609 | — | — | -3.0% | — | — |
| Ohare | $1,570 | $1,569 | $2,080 | -3.3% | — | — |
| South Lawndale | $1,475 | — | $1,438 | -20.3% | — | — |
| Little Village | $1,475 | — | $1,438 | -20.3% | — | — |
| South Shore | $1,300 | — | — | 0.0% | -7.1% | — |
| Justicesuburb | $1,295 | — | $1,295 | -10.4% | — | — |
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Neighborhoods with samples below the publishing threshold are omitted for this month. Methodology