Chicago Rent Report — August 2026
A permanent record of Chicago rents for August 2026 from the Abode Rent Index. This is the most recent month; figures are preliminary and may be revised as late leases report.
This month in Chicago
As of August 2026, the median asking rent in Chicago, IL is $2,450 per month, up +11.4% from a year earlier.
In Chicago right now, the average listing leases in 15 days and 2,171 rentals are actively listed.
The fastest-rising neighborhoods year over year are Uptown (+70.1%), Arlington Heights (+40.7%), Buena Park (+35.9%).
Old Town is the most expensive area tracked at $3,500 median, while Rogers Park is the most affordable at $1,550.
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 2026
| Neighborhood | Median rent | 1 bed | 2 bed | MoM | YoY | Days on market |
|---|---|---|---|---|---|---|
| Old Town | $3,500 | — | — | +18.6% | +30.8% | — |
| Streeterville | $3,450 | — | — | +4.5% | +26.6% | — |
| Lincoln Park | $3,375 | $2,525 | $3,550 | +12.5% | +29.8% | — |
| Arlington Heightssuburb | $3,025 | — | — | +3.4% | +40.7% | — |
| Wicker Park | $3,000 | — | $2,500 | +3.5% | -3.1% | — |
| West Town | $2,950 | $2,000 | $2,800 | +5.4% | +9.5% | — |
| Logan Square | $2,950 | — | $2,835 | +3.5% | +34.4% | — |
| Bucktown | $2,925 | — | — | -5.6% | +5.7% | — |
| West Loop | $2,900 | $2,700 | — | -3.3% | -1.7% | — |
| Near West Side | $2,895 | $2,700 | $3,200 | +5.3% | +2.5% | — |
| Uptown | $2,850 | — | — | +44.1% | +70.1% | — |
| Napervillesuburb | $2,850 | — | — | -3.4% | +11.8% | — |
| Loop | $2,800 | — | — | -1.8% | +4.8% | — |
| Near North Side | $2,750 | $2,600 | $3,750 | -4.3% | -1.8% | — |
| River North | $2,700 | $2,600 | — | -3.6% | -6.0% | — |
| North Center | $2,700 | — | — | -8.1% | +3.8% | — |
| Buena Park | $2,650 | — | — | +17.8% | +35.9% | — |
| Lake View | $2,600 | $2,200 | $3,250 | -7.1% | +8.6% | — |
| Near South Side | $2,600 | — | — | -5.4% | 0.0% | — |
| Little Italy | $2,550 | — | — | +4.1% | +2.0% | — |
| Gold Coast | $2,400 | — | — | -11.1% | -2.0% | — |
| Schaumburgsuburb | $2,375 | — | $2,250 | -0.8% | -4.8% | — |
| Evanstonsuburb | $2,275 | — | — | -6.6% | -9.0% | — |
| Irving Park | $2,200 | — | — | -2.2% | +29.4% | — |
| Albany Park | $2,073 | — | — | +9.1% | +10.6% | — |
| Edgewater | $1,950 | — | $2,600 | 0.0% | +11.4% | — |
| Lincoln Square | $1,950 | — | — | -9.3% | -16.1% | — |
| Avondale | $1,900 | — | — | -19.1% | -5.0% | — |
| West Ridge | $1,795 | — | — | -18.4% | -1.5% | — |
| Rogers Park | $1,550 | $1,495 | — | -8.8% | -8.8% | — |
Source: MLS (leased rental listings, asking rent at list date). Neighborhoods with samples below the publishing threshold are omitted for this month. Methodology