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Little Italy Rent Trends

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

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

Median asking rent
$2,450
Effective rent
$2,450
Vs. Chicago median
-2%
Avg days to lease
18
Active rentals now
37

Median asking rent over time

$2.0k$2.3k$2.5k$2.8kJun ’24Oct ’24Mar ’25Jul ’25Jan ’26Jul ’26
Asking rentEffective rent (after concessions)Concession spread
2 bedroom
$2,450
+6.5% YoY · as of June 2026

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

Little Italy renting, answered

What is the average rent in Little Italy?
As of July 2026, the median asking rent in Little Italy is $2,450 per month, based on 20 leased listings. By size, the median is $2,450 for a 2 bedroom.
Are rents in Little Italy going up or down?
Median asking rent in Little Italy is down 2.0% 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 18 days, with 37 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.

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