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Chicago Rent Report — February 2026

A permanent record of Chicago rents for February 2026 from the Abode Rent Index. These figures are final.

See the live Chicago Rent Index →

This month in Chicago

As of February 2026, the median asking rent in Chicago, IL is $2,389 per month, up +4.6% from a year earlier.

Advertised net-effective rent — asking less advertised concessions — is $2,365, a median discount of +1.0% ($24/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 Avondale (+16.7%), North Center (+15.8%), Lincoln Square (+12.9%).

Glenview is the most expensive area tracked at $4,150 median, while Justice is the most affordable at $1,096.

Source: the Abode Rent Index, computed from leased listings across MLS and Abode-managed communities, updated monthly. How these numbers are calculated

Neighborhood medians, February 2026

NeighborhoodMedian rent1 bed2 bedMoMYoYDays on market
Glenviewsuburb$4,150—————
Fulton Market$3,332$3,044$4,470+5.9%——
Old Town$3,071$3,075$4,377-1.3%——
Near North Side$2,951$2,849$3,993-2.4%——
River Grove$2,950—$2,950-9.9%——
Streeterville$2,916$2,676$4,271-4.4%——
Near West Side$2,900$2,550$3,200+3.6%+11.5%—
River North$2,871$2,870$4,133-6.0%——
East Village$2,848—$2,550———
River West$2,840$2,730$3,902-6.2%——
Lincoln Park$2,807$2,667$4,190-7.0%——
West Loop$2,791$2,603$3,696-2.7%——
Wicker Park$2,760$2,875$2,600-0.7%——
North Center$2,750—$3,088-3.5%+15.8%—
Near South Side$2,750$2,300$3,000+1.9%+3.8%—
Printers Row$2,747$2,668$3,481+3.0%——
Deerfieldsuburb$2,725—$2,955———
Loop$2,703$2,523$3,518-1.8%——
Fulton River District$2,659$2,659$4,257-4.8%——
Bucktown$2,630——-8.6%——
Lakeshore East$2,624$2,614$4,051+4.2%——
Little Italy$2,595——+15.3%+11.6%—
South Loop$2,595$2,555$3,559-0.6%——
Wrigleyville$2,550——-19.0%——
Logan Square$2,547$2,396$3,212-1.5%——
West Town$2,539$2,486$2,375-12.7%——
Gold Coast$2,503$2,511$3,772-2.7%——
Lake View$2,500$2,173$3,025-7.9%+5.8%—
Lakeview$2,489$2,454$3,900-5.9%——
Lincolnwoodsuburb$2,488$2,237$3,004———
Hoffman Estatessuburb$2,475$1,750$1,880+15.6%——
Napervillesuburb$2,458$1,826$2,323+3.9%——
Avondale$2,450—$2,575+4.3%+16.7%—
Ravenswood$2,421$1,495$2,760+24.2%——
Evanstonsuburb$2,387$2,052$2,476+10.1%——
Mount Prospectsuburb$2,363$2,274—+5.5%——
Rush & Division$2,350———+6.8%—
Ukrainian Village$2,350—$2,350-2.1%+5.6%—
Libertyville$2,350—————
Arlington Heightssuburb$2,349$1,884$2,307+14.0%——
Oak Parksuburb$2,298$2,330$3,279-5.0%——
Illinois Medical District$2,280$2,528$3,385+6.8%——
Downers Grove$2,250—————
Palatinesuburb$2,238$1,604$2,200+7.6%——
Schaumburgsuburb$2,226—$2,197+3.0%——
Des Plainessuburb$2,222——-8.6%——
Grand Boulevard$2,138——-2.8%0.0%—
Wheelingsuburb$2,100—$2,110+2.7%——
Lincoln Square$2,088—$2,150-24.7%+12.9%—
Woodlawn$2,075——+2.2%-5.5%—
Dunning$2,048———-7.3%—
Bronzeville$2,034——+2.9%——
Pilsen$2,026$2,187—+3.5%——
Woodridgesuburb$2,018$1,861$2,386-11.1%——
Lower West Side$2,000—$1,875+11.4%+8.1%—
Boystown$2,000———-11.7%—
Wheatonsuburb$1,973$1,845—+10.5%——
Lislesuburb$1,964$2,013—+7.8%——
Irving Park$1,950—$1,975-2.2%+5.4%—
Aurorasuburb$1,930—$1,934+8.6%——
West Ridge$1,900—$1,900-9.3%+12.8%—
Andersonville$1,895$1,895—-15.6%——
Skokiesuburb$1,890——-32.8%-27.3%—
Rogers Park$1,853$1,670$2,185+3.3%——
Buena Park$1,838$1,834—-11.1%——
Edgewater$1,826$1,764$2,346+4.8%——
Uptown$1,820$1,861$2,651-0.7%——
Bridgeport$1,750——-2.8%-2.8%—
Albany Park$1,750—$1,750-9.9%——
Ohare$1,683$1,618$1,860+13.3%——
Austin$1,675———+1.5%—
Westmontsuburb$1,652—$1,652———
Belmont Cragin$1,650——+10.0%-13.2%—
North Lawndale$1,650——-8.3%——
Portage Park$1,625—$1,650-6.5%-3.0%—
La Grange Parksuburb$1,582——-0.3%——
Hyde Park$1,516$1,376$1,747+17.0%——
Humboldt Park$1,450——-9.4%-14.7%—
South Shore$1,325——-10.2%-8.6%—
Justicesuburb$1,096$1,015$1,045+4.9%——

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