Illinois Medical District Rent Trends
Chicago, IL · September 2026 · median asking rents from leased listings
Data through September 2026 · Last updated October 7, 2026 · Next release: early November 2026
- Median asking rent
- $2,802
- Effective rent
- $2,778
- Vs. Chicago median
- +12%
- Avg days to lease
- 18
- Active rentals now
- 70
Median asking rent over time
Asking rentEffective rent (after concessions)Concession spread
Studio
$2,215
— YoY · as of September 2026
1 bedroom
$2,730
— YoY · as of September 2026
2 bedroom
$3,478
— YoY · as of September 2026
3+ bedroom
$4,150
— YoY · as of July 2026
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Figures suppressed below 10 listings/month. Methodology
Data through September 2026 · Last updated October 7, 2026 · Next release: early November 2026
Illinois Medical District renting, answered
- What is the average rent in Illinois Medical District?
- As of September 2026, the median asking rent in Illinois Medical District is $2,802 per month, based on 74 leased listings. By size, the median is $2,730 for a 1 bedroom and $3,478 for a 2 bedroom.
- Is Illinois Medical District more expensive than Chicago overall?
- Illinois Medical District's median asking rent is 12% above the Chicago citywide median of $2,505.
- 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 70 active listings on the market right now.
Beyond the numbers
Get to know Illinois Medical District
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