Old Town Rent Trends
Chicago, IL · September 2026 · median asking rents from leased listings
Data through September 2026 · Last updated October 7, 2026 · Next release: early November 2026
- Median asking rent
- $2,966
- Effective rent
- $2,966
- Vs. Chicago median
- +18%
- Avg days to lease
- 13
- Active rentals now
- 91
Median asking rent over time
Asking rentEffective rent (after concessions)Concession spread
Studio
$2,614
— YoY · as of September 2026
1 bedroom
$3,461
— YoY · as of September 2026
2 bedroom
$4,859
— YoY · as of September 2026
3+ bedroom
$6,279
— YoY · as of September 2026
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Figures suppressed below 10 listings/month. Methodology
Data through September 2026 · Last updated October 7, 2026 · Next release: early November 2026
Old Town renting, answered
- What is the average rent in Old Town?
- As of September 2026, the median asking rent in Old Town is $2,966 per month, based on 171 leased listings. By size, the median is $3,461 for a 1 bedroom and $4,859 for a 2 bedroom.
- Is Old Town more expensive than Chicago overall?
- Old Town's median asking rent is 18% above the Chicago citywide median of $2,505.
- 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 91 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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