Chicago Ranked Most Competitive Rental Market in 2026
With 17 renters vying for every unit, local apartment hunting became the toughest in the nation.
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Recent news
October 9, 2026
Chicago Affordable Housing Projects Faced Significant DelaysOnly two of thirteen affordable housing projects awarded last year have begun construction, potentially impacting area renters.
October 8, 2026
Chicago Family Purchased Avondale Home Under Tenant LawA Chicago family used new tenant rights to buy their building, highlighting the complexities of a city-wide housing ordinance.
October 6, 2026
Chicago Apartment Tower Sold for $110 MillionThe 310-unit Next Apartments building has a new owner after a multi-million dollar transaction.
October 2, 2026
Affordable Housing Project Completed in ChicagoA new 45-unit residential building at 2909 W. Irving Park serves local families earning 60 percent of the area median income.
October 1, 2026
Chicago Rent-to-Own Cost Gap Has Remained SmallestThe city offers the most affordable path to homeownership compared to renting among the 20 largest U.S. cities.
September 30, 2026
Chicago Passed Housing Ordinance for South Shore TenantsThe city's new pilot program grants renters more stability and purchase rights as area property values rise.
September 25, 2026
Chicago Apartment Inspection Authorized After Tenant RelocatedThe city has secured court access to a Michigan Avenue building after a tenant moved out due to severe structural damage.
September 23, 2026
Chicago Designated Bryn Mawr a Historic DistrictNew protections for the Edgewater neighborhood have halted a planned apartment development on Bryn Mawr Avenue.
September 23, 2026
Chicago Approved 70-Unit Condo Building in West LoopNew construction at 23 S. Sangamon St. adds park storage and public restrooms to the neighborhood.
September 23, 2026
Chicago Zoning Approved for Lincoln Park Housing ProjectThe city has cleared the way for a 30-unit affordable housing development to replace an aging apartment building.