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Little Italy Rent Trends

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

Data through October 2026 · Last updated November 7, 2026 · Next release: early December 2026

Median asking rent
$2,725
Effective rent
$2,725
Vs. Chicago median
+13%
Avg days to lease
21
Active rentals now
40

Median asking rent over time

$2.0k$2.3k$2.5k$2.8kOct ’24Mar ’25Jul ’25Jan ’26May ’26Sep ’26
Asking rentEffective rent (after concessions)Concession spread
1 bedroom
$2,000
— YoY · as of July 2026
2 bedroom
$2,600
+4.0% YoY · as of August 2026

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

Data through October 2026 · Last updated November 7, 2026 · Next release: early December 2026

Little Italy renting, answered

What is the average rent in Little Italy?
As of September 2026, the median asking rent in Little Italy is $2,725 per month, based on 10 leased listings. By size, the median is $2,000 for a 1 bedroom and $2,600 for a 2 bedroom.
Is Little Italy more expensive than Chicago overall?
Little Italy's median asking rent is 13% above the Chicago citywide median of $2,416.
How quickly do rentals lease in Little Italy?
Over the last 90 days, rentals in Little Italy leased in an average of 21 days, with 40 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 →

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