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Chatham Rent Trends

Chicago, IL · July 2026 · median asking rents from leased listings

Data through October 2026 · Last updated November 7, 2026 · Next release: early December 2026

Median asking rent
$1,500
Effective rent
$1,500
Vs. Chicago median
-41%
Avg days to lease
18
Active rentals now
26

Median asking rent over time

$1.3k$1.4k$1.6k$1.7kMar ’25Dec ’25Mar ’26Jul ’26
Asking rentEffective rent (after concessions)Concession spread

Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Figures suppressed below 10 listings/month. Methodology

Data through October 2026 · Last updated November 7, 2026 · Next release: early December 2026

Chatham renting, answered

What is the average rent in Chatham?
As of July 2026, the median asking rent in Chatham is $1,500 per month, based on 12 leased listings.
Is Chatham more expensive than Chicago overall?
Chatham's median asking rent is 41% below the Chicago citywide median of $2,531.
How quickly do rentals lease in Chatham?
Over the last 90 days, rentals in Chatham leased in an average of 18 days, with 26 active listings on the market right now.

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