Chicago short-term rental market data
Across Oct 2025 – Sep 2026, Chicago averaged 58.6% occupancy and $244.80 per night across an average of 8,637 active listings. These market-wide figures are a starting point, not a prediction for an individual home.
- Average occupancy
- 58.6%
- Average nightly rate (USD)
- $244.80
- Average active listings
- 8,637
- Busiest month
- Jul 2026
Arithmetic averages of the latest 12 reported monthly figures; active listing counts are rounded.
The market, month by month
Monthly data table
| Month | Occupancy | Nightly rate | RevPAR | Active listings | Avg. revenue / active listing |
|---|---|---|---|---|---|
| Oct 2025 | 61.0% | $258.09 | $157.40 | 8,564 | $4,845.73 |
| Nov 2025 | 51.4% | $217.57 | $111.90 | 8,761 | $3,576.38 |
| Dec 2025 | 46.2% | $208.36 | $96.20 | 8,854 | $3,435.67 |
| Jan 2026 | 39.0% | $160.77 | $62.73 | 8,827 | $2,427.21 |
| Feb 2026 | 44.0% | $157.58 | $69.30 | 8,671 | $2,411.59 |
| Mar 2026 | 53.5% | $203.27 | $108.81 | 8,751 | $3,628.02 |
| Apr 2026 | 55.0% | $211.58 | $116.32 | 8,676 | $3,801.73 |
| May 2026 | 66.7% | $282.69 | $188.52 | 8,645 | $5,898.20 |
| Jun 2026 | 73.6% | $322.71 | $237.37 | 8,515 | $7,016.42 |
| Jul 2026 | 74.5% | $327.02 | $243.77 | 8,472 | $7,539.76 |
| Aug 2026 | 68.7% | $293.92 | $201.91 | 8,490 | $6,256.16 |
| Sep 2026 | 69.4% | $294.09 | $203.99 | 8,417 | $6,191.08 |
Compare Chicago neighborhoods
| Market | Avg. occupancy | Avg. nightly rate | Avg. active listings | Busiest month |
|---|
No local reports are published yet.
What the numbers say
- July 2026 was the busiest reported month, with 74.5% occupancy.
- January 2026 had the lowest reported occupancy at 39.0%.
- The latest reported month was 5.1 percentage points below the occupancy peak.
Chicago market questions
PriceLabs Market Research reports 58.6% average occupancy across the latest 12 reported months. This is an arithmetic average of monthly figures, not an individual property forecast.
July 2026 had the highest reported occupancy at 74.5%. January 2026 had the lowest at 39.0%. This period alone does not establish a recurring seasonal pattern.
Average nightly rate was $244.80 across the reported months.
The sum of average revenue per active listing across 12 reported months was $57,027.95. Larger homes raise the average and listing mix changes, so this is not the earnings of a fixed home or a guarantee.
Other Illinois markets
Data: PriceLabs Market Research, Oct 2025 – Sep 2026. Averages across active listings, not a forecast or guarantee.
Data as of 2026-10-22.
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