The Home Front

By Don DeBat Renters hunting for an affordable apartment in a nice North Side Chicago neighborhood this spring may be in for some sticker shock. Between February of 2025 and February of 2026, Chicago’s median rental prices rose more than many other major cities, according to a national survey by Axios Media, Inc. The survey is based on new leases signed each month in 54 metro areas with at least one million residents. Chicago’s median apartment rent rose 4% to $1,670 a month

Apartment hunters in downtown Chicago may encounter sharply higher rents next spring due to a significant drop in new rental unit...