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Chicago Sun-Times
Chicago Sun-Times
National
Elvia Malagón

Rent prices dip slightly in Chicago metro area, report finds

RENT Chicago
Prices in Chicago increased 17% over the summer, but have started to drop, according to digital marketing services company Rent. (Tyler Pasciak LaRiviere/Sun-Times)

Tenants across the Chicago metropolitan area could see a bit of relief as rent prices have started to slowly decrease, according to a newly released report.

The month-over-month rental price in Chicago fell by about 1% from August to September, and the year-over-year figure for the area has also declined about 2%, according to a report from Rent., a digital company that provides marketing services in the real estate industry and is a Redfin company.

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