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South Chicago Rent Trends

Chicago, IL · April 2026 · rolling 3-month medians (lower-volume area)

Data through July 2026 · Last updated August 7, 2026 · Next release: early September 2026

Median asking rent
$1,425
Effective rent
$1,425
Vs. Chicago median
-42%
Avg days to lease
25
Active rentals now
20

Median asking rent over time

$1.4k$1.4k$1.4k$1.5kOct ’25Jan ’26Apr ’26
Asking rentEffective rent (after concessions)Concession spread

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

South Chicago renting, answered

What is the average rent in South Chicago?
As of April 2026, the median asking rent in South Chicago is $1,425 per month, based on 10 leased listings.
Is South Chicago more expensive than Chicago overall?
South Chicago's median asking rent is 42% below the Chicago citywide median of $2,450.
How quickly do rentals lease in South Chicago?
Over the last 90 days, rentals in South Chicago leased in an average of 25 days, with 20 active listings on the market right now.

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