The number of downtown condos, townhomes, and single-families listed for rent through the MLS is down yet again. The 976 homes listed this morning is the lowest we’ve seen since we started keeping track in November 2009. Since the turn of the new year, inventory has dropped almost 12%. (The chart above shows our listing counts from the first week of January 2011 to present.)
The median price among the 173 listings posted in the past seven days is $1,800. Three units are listed at exactly that price:
- Unit 2A at 1406 S Halsted St in University Village: 2/2, 1,200 square feet; parking is included.
- Unit 905 at 720 W Randolph St in the West Loop: 1/1.5; parking is included.
- Unit 3305 at 345 N LaSalle St in River North: 1/1, 850 square feet; parking available at extra charge.