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River North 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
$2,900
Effective rent
$2,900
Vs. Chicago median
+16%
Avg days to lease
14
Active rentals now
834

Median asking rent over time

$2.5k$2.8k$3.1k$3.5kMay ’24Oct ’24Mar ’25Aug ’25Jan ’26Jul ’26
Asking rentEffective rent (after concessions)Concession spread
1 bedroom
$2,500
+2.0% YoY · as of July 2026
2 bedroom
$3,700
+5.7% YoY · as of July 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

River North renting, answered

What is the average rent in River North?
As of July 2026, the median asking rent in River North is $2,900 per month, based on 42 leased listings. By size, the median is $2,500 for a 1 bedroom and $3,700 for a 2 bedroom.
Are rents in River North going up or down?
Median asking rent in River North is up 7.4% compared with a year ago.
Is River North more expensive than Chicago overall?
River North's median asking rent is 16% above the Chicago citywide median of $2,500.
How quickly do rentals lease in River North?
Over the last 90 days, rentals in River North leased in an average of 14 days, with 834 active listings on the market right now.

Beyond the numbers

Get to know River North

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