ChicagoDowntown / Loop

MLS-listed downtown rentals at two-year low

by Joe Zekas on 1/9/12

When we first began tracking MLS-listed rentals, in late November of 2009, there were 1,927 units available for rent in 14 downtown ZIP codes. As of last Friday the roster of available units had fallen by more than 60%, to 702, the lowest number we’ve seen.

Rental absorption in the downtown market continued to be strong in recent weeks, even though a holiday slowdown would have been expected.

You can see all of our data, by date and ZIP code, in this Google Docs spreadsheet.

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