Matrix Multifamily Chicago Report-June 2026

Chicago outperforms

Chicago’s advertised asking rents rose 3.3 percent YoY through April to $2,080, ranking it among the top three major U.S. markets. Transaction activity also picked up, totaling $1.8 billion during the first four months of 2026. If this trend continues, sales volume could exceed last year’s $4 billion.

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