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Near North Side Rent Trends

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

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

Median asking rent
$2,700
Effective rent
$2,700
Vs. Chicago median
+8%
Avg days to lease
12
Active rentals now
242

Median asking rent over time

$2.5k$2.9k$3.3k$3.6kApr ’24Sep ’24Feb ’25Jul ’25Dec ’25Jun ’26
Asking rentEffective rent (after concessions)Concession spread
1 bedroom
$2,500
+4.2% YoY · as of June 2026
2 bedroom
$3,800
+2.7% YoY · as of June 2026

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

Near North Side renting, answered

What is the average rent in Near North Side?
As of June 2026, the median asking rent in Near North Side is $2,700 per month, based on 114 leased listings. By size, the median is $2,500 for a 1 bedroom and $3,800 for a 2 bedroom.
Are rents in Near North Side going up or down?
Median asking rent in Near North Side is roughly flat compared with a year ago.
Is Near North Side more expensive than Chicago overall?
Near North Side's median asking rent is 8% above the Chicago citywide median of $2,500.
How quickly do rentals lease in Near North Side?
Over the last 90 days, rentals in Near North Side leased in an average of 12 days, with 242 active listings on the market right now.

Beyond the numbers

Get to know Near North Side

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

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