Near South 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
- $3,300
- Effective rent
- $3,300
- Vs. Chicago median
- +32%
- Avg days to lease
- 12
- Active rentals now
- 42
† Computed on a small sample (fewer than 20 leases) — interpret with caution.
Median asking rent over time
Asking rentEffective rent (after concessions)Concession spread
1 bedroom
$2,300
+4.5% YoY · as of April 2026
2 bedroom
$3,325
+7.3% 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 South Side renting, answered
- What is the average rent in Near South Side?
- As of June 2026, the median asking rent in Near South Side is $3,300 per month, based on 17 leased listings. By size, the median is $2,300 for a 1 bedroom and $3,325 for a 2 bedroom.
- Are rents in Near South Side going up or down?
- Median asking rent in Near South Side is up 17.9% compared with a year ago. Note this figure is computed on a small monthly sample and can swing month to month.
- Is Near South Side more expensive than Chicago overall?
- Near South Side's median asking rent is 32% above the Chicago citywide median of $2,500.
- How quickly do rentals lease in Near South Side?
- Over the last 90 days, rentals in Near South Side leased in an average of 12 days, with 42 active listings on the market right now.
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