River West 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
- $2,756
- Effective rent
- $2,623
- Vs. Chicago median
- +9%
- Avg days to lease
- 15
- Active rentals now
- 102
Median asking rent over time
Asking rentEffective rent (after concessions)Concession spread
Studio
$2,266
— YoY · as of August 2026
1 bedroom
$2,850
— YoY · as of August 2026
2 bedroom
$4,081
— YoY · as of August 2026
3+ bedroom
$4,658
— 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 West renting, answered
- What is the average rent in River West?
- As of August 2026, the median asking rent in River West is $2,756 per month, based on 129 leased listings. By size, the median is $2,850 for a 1 bedroom and $4,081 for a 2 bedroom.
- Is River West more expensive than Chicago overall?
- River West's median asking rent is 9% above the Chicago citywide median of $2,535.
- How quickly do rentals lease in River West?
- Over the last 90 days, rentals in River West leased in an average of 15 days, with 102 active listings on the market right now.
Beyond the numbers
Get to know River West
Restaurants, parks, transit, and what living here actually feels like — in our full neighborhood guide.
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