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River West Rent Trends

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

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

Median asking rent
$3,700
Effective rent
$3,700
Vs. Chicago median
+48%
Avg days to lease
12
Active rentals now
118

Median asking rent over time

$2.7k$3.0k$3.4k$3.7kJun ’24Oct ’24Feb ’25Jun ’25Oct ’25Jun ’26
Asking rentEffective rent (after concessions)Concession spread
1 bedroom
$2,600
YoY · as of February 2026
2 bedroom
$3,700
+4.2% YoY · as of April 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

River West renting, answered

What is the average rent in River West?
As of June 2026, the median asking rent in River West is $3,700 per month, based on 12 leased listings. By size, the median is $2,600 for a 1 bedroom and $3,700 for a 2 bedroom.
Are rents in River West going up or down?
Median asking rent in River West is up 2.8% compared with a year ago.
Is River West more expensive than Chicago overall?
River West's median asking rent is 48% above the Chicago citywide median of $2,500.
How quickly do rentals lease in River West?
Over the last 90 days, rentals in River West leased in an average of 12 days, with 118 active listings on the market right now.

Beyond the numbers

Get to know River West

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