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Little Village Rent Trends

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

Data through June 2026 · Last updated July 8, 2026 · Next release: early August 2026

Median asking rent
$1,550
Effective rent
$1,550
Vs. Chicago median
-38%
Avg days to lease
16
Active rentals now
20

Median asking rent over time

$1.1k$1.4k$1.7k$1.9kJul ’24Oct ’24May ’25Aug ’25Jan ’26May ’26
Asking rentEffective rent (after concessions)Concession spread
2 bedroom
$1,438
YoY · as of August 2025

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 Village renting, answered

What is the average rent in Little Village?
As of May 2026, the median asking rent in Little Village is $1,550 per month, based on 11 leased listings. By size, the median is $1,438 for a 2 bedroom.
Are rents in Little Village going up or down?
Median asking rent in Little Village is down 8.8% compared with a year ago.
Is Little Village more expensive than Chicago overall?
Little Village's median asking rent is 38% below the Chicago citywide median of $2,500.
How quickly do rentals lease in Little Village?
Over the last 90 days, rentals in Little Village leased in an average of 16 days, with 20 active listings on the market right now.

Beyond the numbers

Get to know Little Village

Restaurants, parks, transit, and what living here actually feels like — in our full neighborhood guide.

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