Little Italy Rent Trends
Chicago, IL · August 2026 · median asking rents from leased listings
Data through September 2026 · Last updated October 7, 2026 · Next release: early November 2026
- Median asking rent
- $2,600
- Effective rent
- $2,600
- Vs. Chicago median
- +4%
- Avg days to lease
- 13
- Active rentals now
- 41
Median asking rent over time
Asking rentEffective rent (after concessions)Concession spread
1 bedroom
$2,000
— YoY · as of July 2026
2 bedroom
$2,450
+8.9% 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
Little Italy renting, answered
- What is the average rent in Little Italy?
- As of August 2026, the median asking rent in Little Italy is $2,600 per month, based on 16 leased listings. By size, the median is $2,000 for a 1 bedroom and $2,450 for a 2 bedroom.
- Are rents in Little Italy going up or down?
- Median asking rent in Little Italy is up 4.0% compared with a year ago.
- Is Little Italy more expensive than Chicago overall?
- Little Italy's median asking rent is 4% above 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 13 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?
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