River West 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
- $3,340
- Effective rent
- $3,340
- Vs. Chicago median
- +34%
- Avg days to lease
- 13
- Active rentals now
- 113
Median asking rent over time
Asking rentEffective rent (after concessions)Concession spread
1 bedroom
$2,600
— YoY · as of February 2026
2 bedroom
$3,800
— YoY · as of June 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 West renting, answered
- What is the average rent in River West?
- As of July 2026, the median asking rent in River West is $3,340 per month, based on 11 leased listings. By size, the median is $2,600 for a 1 bedroom and $3,800 for a 2 bedroom.
- Are rents in River West going up or down?
- Median asking rent in River West is down 3.9% compared with a year ago.
- Is River West more expensive than Chicago overall?
- River West's median asking rent is 34% 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 13 days, with 113 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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