Little Italy Rent Trends
Chicago, IL · June 2026 · median asking rents from leased listings
Data through June 2026 · Last updated July 8, 2026 · Next release: early August 2026
- Median asking rent
- $2,450
- Effective rent
- $2,450
- Vs. Chicago median
- -2%
- Avg days to lease
- 16
- Active rentals now
- 41
Median asking rent over time
Asking rentEffective rent (after concessions)Concession spread
2 bedroom
$2,400
-4.0% YoY · as of April 2026
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
Little Italy renting, answered
- What is the average rent in Little Italy?
- As of June 2026, the median asking rent in Little Italy is $2,450 per month, based on 17 leased listings. By size, the median is $2,400 for a 2 bedroom.
- Are rents in Little Italy going up or down?
- Median asking rent in Little Italy is up 6.5% compared with a year ago.
- Is Little Italy more expensive than Chicago overall?
- Little Italy's median asking rent is 2% below the Chicago citywide median of $2,500.
- How quickly do rentals lease in Little Italy?
- Over the last 90 days, rentals in Little Italy leased in an average of 16 days, with 41 active listings on the market right now.
Beyond the numbers
Get to know Little Italy
Restaurants, parks, transit, and what living here actually feels like — in our full neighborhood guide.
Read the Little Italy guide →Thinking about Little Italy?
A dedicated Abode agent who knows the block-by-block market — free for renters.