Old Town 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
- $3,203
- Effective rent
- $3,172
- Vs. Chicago median
- +31%
- Avg days to lease
- 13
- Active rentals now
- 206
Median asking rent over time
Asking rentEffective rent (after concessions)Concession spread
Studio
$2,598
— YoY · as of October 2026
1 bedroom
$3,281
— YoY · as of October 2026
2 bedroom
$4,533
— YoY · as of October 2026
3+ bedroom
$5,884
— YoY · as of October 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
Old Town renting, answered
- What is the average rent in Old Town?
- As of October 2026, the median asking rent in Old Town is $3,203 per month, based on 238 leased listings. By size, the median is $3,281 for a 1 bedroom and $4,533 for a 2 bedroom.
- Is Old Town more expensive than Chicago overall?
- Old Town's median asking rent is 31% above the Chicago citywide median of $2,450.
- How quickly do rentals lease in Old Town?
- Over the last 90 days, rentals in Old Town leased in an average of 13 days, with 206 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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