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Lakeshore East Rent Trends

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

Data through August 2026 · Last updated September 10, 2026 · Next release: early October 2026

Median asking rent
$2,857
Effective rent
$2,857
Vs. Chicago median
+13%
Avg days to lease
22
Active rentals now
236

Median asking rent over time

$2.1k$2.6k$3.0k$3.5kJul ’23Jan ’24Jul ’24Jan ’25Jul ’25Jan ’26Aug ’26
Asking rentEffective rent (after concessions)Concession spread
Studio
$2,522
— YoY · as of August 2026
1 bedroom
$2,943
— YoY · as of August 2026
2 bedroom
$4,350
— YoY · as of August 2026
3+ bedroom
$6,556
— YoY · as of July 2026

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

Data through August 2026 · Last updated September 10, 2026 · Next release: early October 2026

Lakeshore East renting, answered

What is the average rent in Lakeshore East?
As of August 2026, the median asking rent in Lakeshore East is $2,857 per month, based on 490 leased listings. By size, the median is $2,943 for a 1 bedroom and $4,350 for a 2 bedroom.
Is Lakeshore East more expensive than Chicago overall?
Lakeshore East's median asking rent is 13% above the Chicago citywide median of $2,535.
How quickly do rentals lease in Lakeshore East?
Over the last 90 days, rentals in Lakeshore East leased in an average of 22 days, with 236 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.

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