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Near North Side Rent Trends

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

Data through October 2026 · Last updated November 7, 2026 · Next release: early December 2026

Median asking rent
$2,716
Effective rent
$2,625
Vs. Chicago median
+11%
Avg days to lease
17
Active rentals now
292

Median asking rent over time

$1.6k$2.3k$2.9k$3.5kAug ’23Mar ’24Oct ’24May ’25Dec ’25Oct ’26
Asking rentEffective rent (after concessions)Concession spread
Studio
$2,375
— YoY · as of October 2026
1 bedroom
$2,562
— YoY · as of October 2026
2 bedroom
$4,304
— YoY · as of October 2026
3+ bedroom
$1,526
— YoY · as of October 2026

Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Figures suppressed below 10 listings/month. Methodology

Data through October 2026 · Last updated November 7, 2026 · Next release: early December 2026

Near North Side renting, answered

What is the average rent in Near North Side?
As of October 2026, the median asking rent in Near North Side is $2,716 per month, based on 122 leased listings. By size, the median is $2,562 for a 1 bedroom and $4,304 for a 2 bedroom.
Is Near North Side more expensive than Chicago overall?
Near North Side's median asking rent is 11% above the Chicago citywide median of $2,450.
How quickly do rentals lease in Near North Side?
Over the last 90 days, rentals in Near North Side leased in an average of 17 days, with 292 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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