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Portage Park Rent Trends

Chicago, IL · May 2026 · median asking rents from leased listings

Data through June 2026 · Last updated July 8, 2026 · Next release: early August 2026

Median asking rent
$1,750
Effective rent
$1,750
Vs. Chicago median
-30%
Avg days to lease
21
Active rentals now
33

Median asking rent over time

$1.6k$1.8k$1.9k$2.1kJun ’24Oct ’24Feb ’25Jun ’25Oct ’25Feb ’26May ’26
Asking rentEffective rent (after concessions)Concession spread
1 bedroom
$1,433
YoY · as of June 2025
2 bedroom
$1,650
-5.7% YoY · as of February 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

Portage Park renting, answered

What is the average rent in Portage Park?
As of May 2026, the median asking rent in Portage Park is $1,750 per month, based on 13 leased listings. By size, the median is $1,433 for a 1 bedroom and $1,650 for a 2 bedroom.
Are rents in Portage Park going up or down?
Median asking rent in Portage Park is up 7.7% compared with a year ago.
Is Portage Park more expensive than Chicago overall?
Portage Park's median asking rent is 30% below the Chicago citywide median of $2,500.
How quickly do rentals lease in Portage Park?
Over the last 90 days, rentals in Portage Park leased in an average of 21 days, with 33 active listings on the market right now.

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