Near North Side Rent Trends
Chicago, IL · August 2026 · median asking rents from leased listings
Data through August 2026 · Last updated September 10, 2026 · Next release: early October 2026
- Median asking rent
- $2,959
- Effective rent
- $2,891
- Vs. Chicago median
- +17%
- Avg days to lease
- 14
- Active rentals now
- 258
Median asking rent over time
Asking rentEffective rent (after concessions)Concession spread
Studio
$2,751
— YoY · as of August 2026
1 bedroom
$3,110
+5.1% YoY · as of August 2026
2 bedroom
$4,718
+1.4% YoY · as of August 2026
3+ bedroom
$1,594
— YoY · as of August 2026
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Figures suppressed below 10 listings/month. Methodology
Data through August 2026 · Last updated September 10, 2026 · Next release: early October 2026
Near North Side renting, answered
- What is the average rent in Near North Side?
- As of August 2026, the median asking rent in Near North Side is $2,959 per month, based on 167 leased listings. By size, the median is $3,110 for a 1 bedroom and $4,718 for a 2 bedroom.
- Are rents in Near North Side going up or down?
- Median asking rent in Near North Side is down 1.8% compared with a year ago.
- Is Near North Side more expensive than Chicago overall?
- Near North Side's median asking rent is 17% above the Chicago citywide median of $2,535.
- How quickly do rentals lease in Near North Side?
- Over the last 90 days, rentals in Near North Side leased in an average of 14 days, with 258 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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