Chicago\u2019s average advertised asking rents were up 0.4%, on a trailing three-month basis through July, to $2,100, outpacing the national figure by 20 basis points. At 2.7% on a year-over-year basis, local rent growth was behind only San Francisco, New York City and Kansas City among the major metros tracked by Yardi Matrix. The metro\u2019s occupancy rate in stabilized assets settled at 95.9%, 180 basis points above the national average, as noted in the U.S. multifamily market report<\/strong><\/a>.<\/p>\n\n\n