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Near North 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
$2,900
Effective rent
$2,900
Vs. Chicago median
+16%
Avg days to lease
13
Active rentals now
267

Median asking rent over time

$2.5k$2.8k$3.0k$3.4kMay ’24Oct ’24Mar ’25Aug ’25Jan ’26Jul ’26
Asking rentEffective rent (after concessions)Concession spread
1 bedroom
$2,495
+4.0% YoY · as of July 2026
2 bedroom
$3,750
+2.0% YoY · as of July 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

Near North Side renting, answered

What is the average rent in Near North Side?
As of July 2026, the median asking rent in Near North Side is $2,900 per month, based on 97 leased listings. By size, the median is $2,495 for a 1 bedroom and $3,750 for a 2 bedroom.
Are rents in Near North Side going up or down?
Median asking rent in Near North Side is up 9.4% compared with a year ago.
Is Near North Side more expensive than Chicago overall?
Near North Side's median asking rent is 16% 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 13 days, with 267 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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