Lower West Side 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
- $1,750
- Effective rent
- $1,750
- Vs. Chicago median
- -30%
- Avg days to lease
- 18
- Active rentals now
- 30
Median asking rent over time
Asking rentEffective rent (after concessions)Concession spread
1 bedroom
$1,600
— YoY · as of August 2025
2 bedroom
$2,000
+14.3% 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
Lower West Side renting, answered
- What is the average rent in Lower West Side?
- As of July 2026, the median asking rent in Lower West Side is $1,750 per month, based on 17 leased listings. By size, the median is $1,600 for a 1 bedroom and $2,000 for a 2 bedroom.
- Are rents in Lower West Side going up or down?
- Median asking rent in Lower West Side is down 11.4% compared with a year ago.
- Is Lower West Side more expensive than Chicago overall?
- Lower West Side's median asking rent is 30% below the Chicago citywide median of $2,500.
- How quickly do rentals lease in Lower West Side?
- Over the last 90 days, rentals in Lower West Side leased in an average of 18 days, with 30 active listings on the market right now.
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