Rents in Chicago Increase 2.9% in Fourth Quarter

by Peter Thomas Ricci

The rental markets have been surging in recent years, but did that stellar performance continue into 2013’s fourth quarter?


Reis Senior Economist Ryan Severino put it best in comments accompanying the firm’s Q4 2013 Trends report for the nation’s apartment sector: “The apartment market has been on quite a tear over the last four years, with demand seemingly insatiable.”

But how has that surging demand been reflected in our local rental marketplace? To find out, we sifted through some stellar rental information that Reis provided us, and put together the following charts:

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