Illinois Medical District Rent Trends
Chicago, IL · July 2025 · median asking rents from leased listings
Data through June 2026 · Last updated July 8, 2026 · Next release: early August 2026
- Median asking rent
- $2,400
- Effective rent
- $2,400
- Vs. Chicago median
- +4%
- Avg days to lease
- 18
- Active rentals now
- 107
Median asking rent over time
Asking rentEffective rent (after concessions)Concession spread
2 bedroom
$2,150
— YoY · as of July 2025
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Figures suppressed below 10 listings/month. Methodology
Data through June 2026 · Last updated July 8, 2026 · Next release: early August 2026
Illinois Medical District renting, answered
- What is the average rent in Illinois Medical District?
- As of July 2025, the median asking rent in Illinois Medical District is $2,400 per month, based on 17 leased listings. By size, the median is $2,150 for a 2 bedroom.
- Are rents in Illinois Medical District going up or down?
- Median asking rent in Illinois Medical District is up 14.3% compared with a year ago.
- Is Illinois Medical District more expensive than Chicago overall?
- Illinois Medical District's median asking rent is 4% above the Chicago citywide median of $2,304.
- How quickly do rentals lease in Illinois Medical District?
- Over the last 90 days, rentals in Illinois Medical District leased in an average of 18 days, with 107 active listings on the market right now.
Beyond the numbers
Get to know Illinois Medical District
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