Old Town 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
- $2,800
- Effective rent
- $2,800
- Vs. Chicago median
- +12%
- Avg days to lease
- 11
- Active rentals now
- 271
Median asking rent over time
Asking rentEffective rent (after concessions)Concession spread
1 bedroom
$2,500
0.0% YoY · as of July 2026
2 bedroom
$3,800
+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 July 2026 · Last updated August 7, 2026 · Next release: early September 2026
Old Town renting, answered
- What is the average rent in Old Town?
- As of July 2026, the median asking rent in Old Town is $2,800 per month, based on 25 leased listings. By size, the median is $2,500 for a 1 bedroom and $3,800 for a 2 bedroom.
- Are rents in Old Town going up or down?
- Median asking rent in Old Town is up 3.7% compared with a year ago.
- Is Old Town more expensive than Chicago overall?
- Old Town's median asking rent is 12% 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 11 days, with 271 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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