Chatham Rent Trends
Chicago, IL · March 2026 · median asking rents from leased listings
Data through July 2026 · Last updated August 7, 2026 · Next release: early September 2026
- Median asking rent
- $1,225
- Effective rent
- $1,225
- Vs. Chicago median
- -47%
- Avg days to lease
- 19
- Active rentals now
- 23
† Computed on a small sample (fewer than 20 leases) — interpret with caution.
Median asking rent over time
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 July 2026 · Last updated August 7, 2026 · Next release: early September 2026
Chatham renting, answered
- What is the average rent in Chatham?
- As of March 2026, the median asking rent in Chatham is $1,225 per month, based on 10 leased listings.
- Are rents in Chatham going up or down?
- Median asking rent in Chatham is down 27.9% compared with a year ago. Note this figure is computed on a small monthly sample and can swing month to month.
- Is Chatham more expensive than Chicago overall?
- Chatham's median asking rent is 47% below the Chicago citywide median of $2,300.
- How quickly do rentals lease in Chatham?
- Over the last 90 days, rentals in Chatham leased in an average of 19 days, with 23 active listings on the market right now.
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