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Near West 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
$2,800
Effective rent
$2,800
Vs. Chicago median
+14%
Avg days to lease
19
Active rentals now
152

Median asking rent over time

$2.3k$2.5k$2.9k$3.2kJul ’24Dec ’24May ’25Oct ’25Mar ’26Oct ’26
Asking rentEffective rent (after concessions)Concession spread
1 bedroom
$2,600
-3.7% YoY · as of October 2026
2 bedroom
$3,300
-0.8% YoY · as of September 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 West Side renting, answered

What is the average rent in Near West Side?
As of October 2026, the median asking rent in Near West Side is $2,800 per month, based on 24 leased listings. By size, the median is $2,600 for a 1 bedroom and $3,300 for a 2 bedroom.
Are rents in Near West Side going up or down?
Median asking rent in Near West Side is roughly flat compared with a year ago.
Is Near West Side more expensive than Chicago overall?
Near West Side's median asking rent is 14% above the Chicago citywide median of $2,450.
How quickly do rentals lease in Near West Side?
Over the last 90 days, rentals in Near West Side leased in an average of 19 days, with 152 active listings on the market right now.

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