Near West 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
- $2,750
- Effective rent
- $2,750
- Vs. Chicago median
- +10%
- Avg days to lease
- 16
- Active rentals now
- 117
Median asking rent over time
Asking rentEffective rent (after concessions)Concession spread
1 bedroom
$2,600
-3.0% YoY · as of July 2026
2 bedroom
$3,200
+10.3% 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 West Side renting, answered
- What is the average rent in Near West Side?
- As of July 2026, the median asking rent in Near West Side is $2,750 per month, based on 56 leased listings. By size, the median is $2,600 for a 1 bedroom and $3,200 for a 2 bedroom.
- Are rents in Near West Side going up or down?
- Median asking rent in Near West Side is down 5.2% compared with a year ago.
- Is Near West Side more expensive than Chicago overall?
- Near West Side's median asking rent is 10% above the Chicago citywide median of $2,500.
- How quickly do rentals lease in Near West Side?
- Over the last 90 days, rentals in Near West Side leased in an average of 16 days, with 117 active listings on the market right now.
Thinking about Near West Side?
A dedicated Abode agent who knows the block-by-block market — free for renters.