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 $2,535 per month, up +10.2% from a year earlier.
Advertised net-effective rent — asking less advertised concessions — is $2,517, a median discount of +0.7% ($18/month) off asking.
In Chicago right now, the average listing leases in 15 days and 7,277 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 $3,465 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, August 2026
| Neighborhood | Median rent | 1 bed | 2 bed | MoM | YoY | Days on market |
|---|---|---|---|---|---|---|
| Old Town | $3,465 | $3,523 | $4,641 | +7.6% | +30.8% | — |
| Streeterville | $3,328 | $3,135 | $4,483 | +6.5% | +26.6% | — |
| Lincoln Park | $3,225 | $3,009 | $4,682 | +4.9% | +29.8% | — |
| Ukrainian Village | $3,188 | — | — | +2.9% | — | — |
| Fulton Market | $3,175 | $3,184 | $4,477 | -10.1% | — | — |
| West Town | $2,962 | $2,506 | $3,314 | +4.6% | +9.5% | — |
| Near North Side | $2,959 | $3,110 | $4,718 | -5.0% | -1.8% | — |
| Fulton River District | $2,945 | $2,949 | $4,285 | -4.1% | — | — |
| Near West Side | $2,895 | $2,700 | $3,200 | +5.3% | +2.5% | — |
| River North | $2,894 | $2,903 | $4,689 | -2.7% | -6.0% | — |
| Lakeshore East | $2,857 | $2,943 | $4,350 | -19.3% | — | — |
| Deerfieldsuburb | $2,831 | $2,407 | $2,968 | -3.2% | — | — |
| Loop | $2,821 | $2,920 | $4,273 | -0.9% | +4.8% | — |
| Skokiesuburb | $2,816 | $2,325 | $2,895 | -5.8% | — | — |
| West Loop | $2,809 | $2,746 | $4,057 | -1.8% | -1.7% | — |
| Lakeview | $2,799 | $2,763 | $3,760 | +5.2% | — | — |
| Bucktown | $2,797 | $2,830 | $3,873 | -1.7% | +5.7% | — |
| Printers Row | $2,787 | $2,791 | $3,914 | -4.2% | — | — |
| River West | $2,756 | $2,850 | $4,081 | -14.3% | — | — |
| Logan Square | $2,732 | $2,512 | $3,208 | +1.7% | +34.4% | — |
| South Loop | $2,720 | $2,677 | $3,456 | +0.4% | — | — |
| Wicker Park | $2,716 | $2,500 | $2,500 | +4.1% | -3.1% | — |
| North Center | $2,700 | — | — | -8.1% | +3.8% | — |
| Des Plainessuburb | $2,686 | $2,440 | $2,922 | -0.3% | — | — |
| Warrenvillesuburb | $2,649 | $2,549 | $2,663 | +3.3% | — | — |
| Arlington Heightssuburb | $2,620 | $2,197 | $2,755 | +1.9% | +40.7% | — |
| 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% | — |
| Napervillesuburb | $2,522 | $1,913 | $2,434 | -1.5% | +11.8% | — |
| Evanstonsuburb | $2,502 | $2,650 | $3,462 | -2.1% | -9.0% | — |
| Itascasuburb | $2,500 | — | $2,600 | -12.9% | — | — |
| Mount Prospectsuburb | $2,484 | $2,489 | — | 0.0% | — | — |
| Oak Parksuburb | $2,477 | $2,469 | $3,409 | +7.1% | — | — |
| Gold Coast | $2,451 | $2,553 | $4,253 | -5.9% | -2.0% | — |
| Illinois Medical District | $2,424 | $2,416 | $3,303 | +1.9% | — | — |
| Schaumburgsuburb | $2,423 | — | $2,365 | +2.7% | -4.8% | — |
| Lincolnwoodsuburb | $2,353 | $2,231 | $2,873 | +2.8% | — | — |
| Uptown | $2,351 | $2,129 | $3,300 | +17.9% | +70.1% | — |
| Glenviewsuburb | $2,330 | $2,266 | $2,962 | -8.1% | — | — |
| Garfield Ridge | $2,225 | — | — | — | — | 21 |
| Lake Bluffsuburb | $2,225 | $1,965 | $2,453 | -4.1% | — | — |
| Buena Park | $2,217 | $1,800 | $2,359 | +8.3% | +35.9% | — |
| Ravenswood | $2,215 | $2,088 | $3,137 | -8.9% | — | — |
| Irving Park | $2,200 | — | — | -2.2% | +29.4% | — |
| Woodridgesuburb | $2,199 | $1,957 | $2,464 | +3.5% | — | — |
| Palatinesuburb | $2,151 | $1,957 | $2,202 | +3.9% | — | — |
| Wheelingsuburb | $2,123 | $1,920 | $2,342 | +8.4% | — | — |
| Norwood Park | $2,100 | — | — | — | — | 21 |
| Lincoln Square | $2,082 | — | — | -2.1% | -16.1% | — |
| Bronzeville | $2,077 | — | — | -0.8% | — | — |
| Pilsen | $2,066 | — | — | +8.0% | — | — |
| Wheatonsuburb | $2,000 | $1,930 | $2,135 | 0.0% | — | — |
| Albany Park | $1,993 | — | $1,925 | +5.4% | +10.6% | — |
| Lislesuburb | $1,977 | $2,000 | $2,989 | -0.6% | — | — |
| Aurorasuburb | $1,957 | $1,743 | $2,067 | -4.2% | — | — |
| North Park | $1,948 | — | — | — | — | 24 |
| Avondale | $1,900 | — | — | -19.1% | -5.0% | — |
| Hoffman Estatessuburb | $1,880 | $1,660 | $1,950 | +2.5% | — | — |
| South Shore | $1,877 | — | — | +17.2% | — | — |
| Edgewater | $1,875 | $1,876 | $2,545 | -0.2% | +11.4% | — |
| Douglas | $1,863 | — | — | — | — | 23 |
| West Ridge | $1,795 | — | — | -18.4% | -1.5% | — |
| Andersonville | $1,784 | $1,784 | $2,442 | 0.0% | — | — |
| Westmontsuburb | $1,766 | $1,719 | $1,818 | +17.1% | — | — |
| Rogers Park | $1,765 | $1,551 | $2,265 | -1.5% | -8.8% | — |
| Mayfair | $1,680 | — | $1,700 | +15.5% | — | — |
| Hyde Park | $1,595 | $1,595 | $3,895 | -14.1% | — | — |
| La Grange Parksuburb | $1,575 | $1,557 | — | -0.2% | — | — |
| Englewood | $1,550 | — | — | — | — | 27 |
| O'Hare | $1,513 | $1,502 | $1,972 | -2.9% | — | — |
| Justicesuburb | $1,358 | — | $1,358 | +0.8% | — | — |
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Neighborhoods with samples below the publishing threshold are omitted for this month. Methodology