River North Rent Trends
Chicago, IL · August 2026 · median asking rents from leased listings
Data through August 2026 · Last updated September 10, 2026 · Next release: early October 2026
- Median asking rent
- $2,894
- Effective rent
- $2,870
- Vs. Chicago median
- +14%
- Avg days to lease
- 15
- Active rentals now
- 595
Median asking rent over time
Asking rentEffective rent (after concessions)Concession spread
Studio
$2,485
— YoY · as of August 2026
1 bedroom
$2,903
+4.0% YoY · as of August 2026
2 bedroom
$4,689
— YoY · as of August 2026
3+ bedroom
$6,510
— YoY · as of August 2026
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Figures suppressed below 10 listings/month. Methodology
Data through August 2026 · Last updated September 10, 2026 · Next release: early October 2026
River North renting, answered
- What is the average rent in River North?
- As of August 2026, the median asking rent in River North is $2,894 per month, based on 1157 leased listings. By size, the median is $2,903 for a 1 bedroom and $4,689 for a 2 bedroom.
- Are rents in River North going up or down?
- Median asking rent in River North is down 6.0% compared with a year ago.
- Is River North more expensive than Chicago overall?
- River North's median asking rent is 14% above the Chicago citywide median of $2,535.
- How quickly do rentals lease in River North?
- Over the last 90 days, rentals in River North leased in an average of 15 days, with 595 active listings on the market right now.
Beyond the numbers
Get to know River North
Restaurants, parks, transit, and what living here actually feels like — in our full neighborhood guide.
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