Old Town 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
- $2,950
- Effective rent
- $2,950
- Vs. Chicago median
- +18%
- Avg days to lease
- 8
- Active rentals now
- 275
Median asking rent over time
Asking rentEffective rent (after concessions)Concession spread
1 bedroom
$2,550
0.0% YoY · as of June 2026
2 bedroom
$3,798
+4.1% 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
Old Town renting, answered
- What is the average rent in Old Town?
- As of June 2026, the median asking rent in Old Town is $2,950 per month, based on 30 leased listings. By size, the median is $2,550 for a 1 bedroom and $3,798 for a 2 bedroom.
- Are rents in Old Town going up or down?
- Median asking rent in Old Town is up 1.4% compared with a year ago.
- Is Old Town more expensive than Chicago overall?
- Old Town's median asking rent is 18% above the Chicago citywide median of $2,500.
- How quickly do rentals lease in Old Town?
- Over the last 90 days, rentals in Old Town leased in an average of 8 days, with 275 active listings on the market right now.
Beyond the numbers
Get to know Old Town
Restaurants, parks, transit, and what living here actually feels like — in our full neighborhood guide.
Read the Old Town guide →Thinking about Old Town?
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