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Lakeshore East Rent Trends

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

Data through July 2026 · Last updated August 7, 2026 · Next release: early September 2026

Median asking rent
$3,650
Effective rent
$3,650
Vs. Chicago median
+49%
Avg days to lease
17
Active rentals now
282

† Computed on a small sample (fewer than 20 leases) — interpret with caution.

Median asking rent over time

$2.6k$3.0k$3.4k$3.7kAug ’24Feb ’25Apr ’25Jun ’25May ’26
Asking rentEffective rent (after concessions)Concession spread
1 bedroom
$2,300
YoY · as of June 2025
2 bedroom
$3,725
YoY · as of June 2025

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

Lakeshore East renting, answered

What is the average rent in Lakeshore East?
As of May 2026, the median asking rent in Lakeshore East is $3,650 per month, based on 10 leased listings. By size, the median is $2,300 for a 1 bedroom and $3,725 for a 2 bedroom.
Are rents in Lakeshore East going up or down?
Median asking rent in Lakeshore East is up 37.7% compared with a year ago. Note this figure is computed on a small monthly sample and can swing month to month.
Is Lakeshore East more expensive than Chicago overall?
Lakeshore East's median asking rent is 49% above the Chicago citywide median of $2,450.
How quickly do rentals lease in Lakeshore East?
Over the last 90 days, rentals in Lakeshore East leased in an average of 17 days, with 282 active listings on the market right now.

Beyond the numbers

Get to know Lakeshore East

Restaurants, parks, transit, and what living here actually feels like — in our full neighborhood guide.

Read the Lakeshore East guide →

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