University Village Rent Trends
Chicago, IL · August 2025 · median asking rents from leased listings
Data through June 2026 · Last updated July 8, 2026 · Next release: early August 2026
- Median asking rent
- $2,575
- Effective rent
- $2,575
- Vs. Chicago median
- +17%
- Avg days to lease
- 16
- Active rentals now
- 27
Median asking rent over time
Asking rentEffective rent (after concessions)Concession spread
2 bedroom
$2,475
— YoY · as of June 2025
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
University Village renting, answered
- What is the average rent in University Village?
- As of August 2025, the median asking rent in University Village is $2,575 per month, based on 12 leased listings. By size, the median is $2,475 for a 2 bedroom.
- Is University Village more expensive than Chicago overall?
- University Village's median asking rent is 17% above the Chicago citywide median of $2,200.
- How quickly do rentals lease in University Village?
- Over the last 90 days, rentals in University Village leased in an average of 16 days, with 27 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.
Read the University Village guide →Thinking about University Village?
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