University Village Rent Trends
Chicago, IL · August 2026 · median asking rents from leased listings
Data through September 2026 · Last updated October 7, 2026 · Next release: early November 2026
- Median asking rent
- $2,750
- Effective rent
- $2,750
- Vs. Chicago median
- +10%
- Avg days to lease
- 11
- Active rentals now
- 17
Median asking rent over time
Asking rentEffective rent (after concessions)Concession spread
2 bedroom
$2,425
-2.0% YoY · as of June 2026
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Figures suppressed below 10 listings/month. Methodology
Data through September 2026 · Last updated October 7, 2026 · Next release: early November 2026
University Village renting, answered
- What is the average rent in University Village?
- As of August 2026, the median asking rent in University Village is $2,750 per month, based on 10 leased listings. By size, the median is $2,425 for a 2 bedroom.
- Are rents in University Village going up or down?
- Median asking rent in University Village is up 6.8% compared with a year ago.
- Is University Village more expensive than Chicago overall?
- University Village's median asking rent is 10% above the Chicago citywide median of $2,500.
- How quickly do rentals lease in University Village?
- Over the last 90 days, rentals in University Village leased in an average of 11 days, with 17 active listings on the market right now.
Beyond the numbers
Get to know University Village
Restaurants, parks, transit, and what living here actually feels like — in our full neighborhood guide.
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