Integra Realty Resources

Downtown Chicago’s Rent Growth Inches Upward

Downtown multifamily rent growth boosted by dry development pipeline

Rents for Class A apartments in central Chicago increased to $3.61 per square foot

Rents to increase next year as development pipeline dries up

Rents to increase next year as development pipeline dries up

Demand is strong in downtown Chicago and the suburbs, while a difficult development arena is limiting new supply

Downtown Apartment Rent Growth Finally Slows in Chicago

Downtown apartment rent growth finally slows in Chicago

Demand still outpacing supply, with 2,400 units added so far this year