Near South Side Rent Trends
Chicago, IL · September 2026 · median asking rents from leased listings
Data through September 2026 · Last updated October 7, 2026 · Next release: early November 2026
- Median asking rent
- $2,750
- Effective rent
- $2,750
- Vs. Chicago median
- +10%
- Avg days to lease
- 14
- Active rentals now
- 59
Median asking rent over time
Asking rentEffective rent (after concessions)Concession spread
1 bedroom
$2,375
+3.3% YoY · as of August 2026
2 bedroom
$2,900
+0.9% YoY · as of September 2026
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Figures suppressed below 10 listings/month. Methodology
Data through September 2026 · Last updated October 7, 2026 · Next release: early November 2026
Near South Side renting, answered
- What is the average rent in Near South Side?
- As of September 2026, the median asking rent in Near South Side is $2,750 per month, based on 17 leased listings. By size, the median is $2,375 for a 1 bedroom and $2,900 for a 2 bedroom.
- Are rents in Near South Side going up or down?
- Median asking rent in Near South Side is up 1.9% compared with a year ago.
- Is Near South Side more expensive than Chicago overall?
- Near South Side's median asking rent is 10% above the Chicago citywide median of $2,505.
- How quickly do rentals lease in Near South Side?
- Over the last 90 days, rentals in Near South Side leased in an average of 14 days, with 59 active listings on the market right now.
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