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Chicago Rent Report — May 2026

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

See the live Chicago Rent Index →

This month in Chicago

As of May 2026, the median asking rent in Chicago, IL is $2,500 per month, up +7.4% from a year earlier.

In Chicago right now, the average listing leases in 13 days and 9,227 rentals are actively listed.

The fastest-rising neighborhoods year over year are Deerfield (+42.9%), Des Plaines (+35.0%), Wrigleyville (+34.0%).

River West is the most expensive area tracked at $3,600 median, while Justice is the most affordable at $1,358.

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 2026

NeighborhoodMedian rent1 bed2 bedMoMYoYDays on market
River West$3,600-2.7%+4.6%
Wicker Park$3,400$3,500+5.4%+13.4%
West Loop$3,395$2,900$3,500-0.1%+12.2%
Wrigleyville$3,350-2.8%+34.0%
Streeterville$3,300$2,750$3,950+10.0%+3.1%
Old Town$3,300+3.3%+6.5%
Lincoln Park$3,250$2,650$3,750-5.8%-4.4%
Itascasuburb$3,200$3,2000.0%
West Town$3,050$2,250$2,940-1.6%+13.2%
Deerfieldsuburb$3,037$2,397$3,0370.0%+42.9%
Near North Side$3,000$2,500$3,800+11.1%0.0%
Near West Side$3,000$2,800$3,350+2.6%+5.3%
Napervillesuburb$3,000+8.1%+3.4%
Near South Side$2,875$3,200+7.5%+7.5%
Lake View$2,850$2,145$3,100+1.3%+9.6%
River North$2,850$2,500$3,700+1.8%-5.0%
Loop$2,800$2,325$3,400+5.7%+3.7%
Little Italy$2,800+17.9%+3.7%
Arlington Heightssuburb$2,800+31.8%+24.4%
Warrenvillesuburb$2,786$2,237$2,786+1.0%+23.2%
South Loop$2,755$2,755$3,445+3.6%+11.0%
Printers Row$2,746$2,746$3,777-0.1%+7.3%
North Center$2,700$2,575-10.0%+12.5%
Des Plainessuburb$2,700-1.1%+35.0%
Lakeview$2,686$2,686$3,300+1.4%+14.3%
Uptown$2,648$2,900+10.3%+19.5%
Bucktown$2,625$2,880+1.0%+2.9%
Logan Square$2,600$2,100$2,600+4.0%+13.0%
Buena Park$2,575+2.1%+17.0%
Woodridgesuburb$2,407$2,166$2,407-3.7%-8.0%
Gold Coast$2,400+4.3%+4.3%
Lincolnwoodsuburb$2,380$2,380$3,125+6.5%-0.1%
Evanstonsuburb$2,250-10.0%+2.4%
Glenviewsuburb$2,250-31.3%
Avondale$2,245-5.5%+2.3%
Schaumburgsuburb$2,200$2,150-1.1%-4.3%
Lake Bluffsuburb$2,040$2,0400.0%
Aurorasuburb$2,025$1,821$2,064+0.4%-1.8%
Lincoln Square$1,950$2,150-7.1%-4.9%
Lower West Side$1,950$1,775-2.5%+2.6%
Albany Park$1,950+8.5%+13.0%
Edgewater$1,875$1,850+7.1%+7.1%
Pilsen$1,875-17.0%-1.1%
Westmontsuburb$1,834$1,735$1,834+3.1%+27.4%
Andersonville$1,784$1,784$2,3450.0%
Portage Park$1,750+2.9%+7.7%
Irving Park$1,740$1,900-20.9%-8.2%
Ohare$1,611$1,611$1,972-0.6%-3.1%
La Grange Parksuburb$1,557$1,557-5.1%-0.2%
South Lawndale$1,550-3.1%-8.8%
Little Village$1,550-3.1%-8.8%
Humboldt Park$1,525-19.7%-20.6%
Rogers Park$1,495-19.0%-18.7%
Justicesuburb$1,358$1,129$1,358+3.0%+0.7%

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