Chicago Rent Report — January 2026
A permanent record of Chicago rents for January 2026 from the Abode Rent Index. These figures are final.
This month in Chicago
As of January 2026, the median asking rent in Chicago, IL is $2,342 per month, up +4.7% from a year earlier.
Advertised net-effective rent — asking less advertised concessions — is $2,328, 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.
The fastest-rising neighborhoods year over year are River Grove (+29.7%), Lincoln Square (+26.0%), Lake View (+20.6%).
River Grove is the most expensive area tracked at $3,275 median, while Justice is the most affordable at $1,045.
Source: the Abode Rent Index, computed from leased listings across MLS and Abode-managed communities, updated monthly. How these numbers are calculated
Neighborhood medians, January 2026
| Neighborhood | Median rent | 1 bed | 2 bed | MoM | YoY | Days on market |
|---|---|---|---|---|---|---|
| River Grove | $3,275 | — | — | — | +29.7% | — |
| Fulton Market | $3,214 | $2,976 | $4,150 | +23.8% | — | — |
| Old Town | $3,151 | $3,100 | $4,956 | +5.8% | — | — |
| Wrigleyville | $3,150 | — | — | — | — | — |
| River North | $3,060 | $2,823 | $3,968 | +3.0% | — | — |
| Streeterville | $3,051 | $2,782 | $4,317 | +16.6% | — | — |
| Lincoln Park | $3,037 | $2,848 | $4,120 | +9.1% | — | — |
| Near North Side | $3,024 | $2,796 | $4,000 | +17.6% | — | — |
| River West | $3,021 | $2,741 | $3,842 | +19.0% | — | — |
| West Town | $2,910 | $2,329 | $3,043 | +16.0% | — | — |
| Bucktown | $2,878 | $2,654 | $3,250 | -9.3% | — | — |
| West Loop | $2,875 | $2,578 | $3,689 | +4.4% | — | — |
| North Center | $2,850 | — | — | — | +9.1% | — |
| Skokiesuburb | $2,814 | — | — | +12.6% | — | — |
| Near West Side | $2,800 | $2,400 | $3,200 | -1.8% | +6.7% | — |
| Wicker Park | $2,780 | $2,795 | $2,448 | +2.8% | — | — |
| Lincoln Square | $2,773 | — | $2,625 | +42.2% | +26.0% | — |
| Loop | $2,752 | $2,505 | $3,546 | -0.1% | — | — |
| Lake View | $2,713 | $2,300 | $3,200 | +18.0% | +20.6% | — |
| Fulton River District | $2,711 | $2,698 | $4,006 | +6.5% | — | — |
| Near South Side | $2,700 | — | — | +11.3% | +12.5% | — |
| Printers Row | $2,666 | $2,622 | $3,440 | +9.2% | — | — |
| Lakeview | $2,630 | $2,395 | $3,835 | +10.7% | — | — |
| South Loop | $2,602 | $2,568 | $3,322 | +5.7% | — | — |
| Logan Square | $2,587 | $2,425 | $3,171 | +2.3% | — | — |
| Gold Coast | $2,585 | $2,427 | $4,198 | +4.5% | — | — |
| Lakeshore East | $2,518 | $2,542 | $3,800 | -2.0% | — | — |
| Des Plainessuburb | $2,430 | — | $2,612 | +11.0% | — | — |
| Oak Parksuburb | $2,418 | $2,262 | $3,289 | +26.2% | — | — |
| Ukrainian Village | $2,400 | — | — | — | +17.1% | — |
| Napervillesuburb | $2,375 | $1,790 | $2,388 | +6.3% | — | — |
| Avondale | $2,350 | — | $2,150 | +12.7% | -2.1% | — |
| Warrenvillesuburb | $2,278 | $2,054 | — | — | — | — |
| Woodridgesuburb | $2,271 | $1,995 | $2,536 | -2.0% | — | — |
| Little Italy | $2,250 | — | — | -18.2% | -1.1% | — |
| Andersonville | $2,245 | $1,895 | $2,395 | — | — | — |
| Mount Prospectsuburb | $2,240 | — | — | +0.4% | — | — |
| Grand Boulevard | $2,200 | — | — | +2.3% | -6.4% | — |
| Schaumburgsuburb | $2,162 | — | $2,100 | -3.8% | — | — |
| Hoffman Estatessuburb | $2,141 | $1,632 | $1,900 | +21.6% | — | — |
| Illinois Medical District | $2,134 | $2,134 | $2,647 | -2.4% | — | — |
| Evanstonsuburb | $2,096 | $1,934 | $2,385 | -6.5% | — | — |
| West Ridge | $2,095 | — | $1,900 | +18.0% | +16.4% | — |
| Buena Park | $2,094 | $1,844 | $1,875 | +13.1% | — | — |
| Palatinesuburb | $2,078 | $1,555 | $2,054 | +0.3% | — | — |
| Arlington Heightssuburb | $2,047 | $1,801 | $2,268 | +0.6% | — | — |
| Wheelingsuburb | $2,045 | — | $2,300 | -2.2% | — | — |
| Lake Bluffsuburb | $2,040 | — | $2,040 | — | — | — |
| Albany Park | $2,032 | — | $1,975 | +2.3% | — | — |
| Woodlawn | $2,030 | — | — | — | -3.3% | — |
| Irving Park | $1,993 | — | $2,035 | -0.4% | -5.0% | — |
| Bronzeville | $1,976 | — | — | +4.9% | — | — |
| South Lawndale | $1,975 | — | — | — | — | — |
| Little Village | $1,975 | — | — | — | — | — |
| Pilsen | $1,974 | $2,318 | — | -4.2% | — | — |
| Ravenswood | $1,950 | $1,831 | $2,438 | +3.2% | — | — |
| Uptown | $1,846 | $1,843 | $2,691 | +3.7% | — | — |
| Lislesuburb | $1,822 | $1,850 | — | — | — | — |
| Bridgeport | $1,800 | — | — | +0.1% | +6.0% | — |
| North Lawndale | $1,800 | — | — | +16.9% | -5.3% | — |
| Lower West Side | $1,795 | — | — | -14.5% | +10.5% | — |
| Rogers Park | $1,794 | $1,591 | $2,201 | -1.6% | — | — |
| Aurorasuburb | $1,786 | $1,592 | $1,920 | -5.8% | — | — |
| Wheatonsuburb | $1,785 | $1,682 | $2,115 | -4.3% | — | — |
| Edgewater | $1,746 | $1,742 | $2,397 | +2.7% | — | — |
| Portage Park | $1,738 | — | $1,675 | -10.9% | -0.7% | — |
| Humboldt Park | $1,600 | — | — | +10.3% | +1.6% | — |
| La Grange Parksuburb | $1,600 | $1,582 | — | — | — | — |
| Ohare | $1,588 | $1,569 | $1,875 | -1.9% | — | — |
| Belmont Cragin | $1,500 | — | — | — | -3.2% | — |
| South Shore | $1,475 | — | — | -24.4% | -7.8% | — |
| Hyde Park | $1,285 | $1,342 | $1,724 | +1.3% | — | — |
| Justicesuburb | $1,045 | $1,015 | $1,132 | -14.3% | — | — |
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Neighborhoods with samples below the publishing threshold are omitted for this month. Methodology