Cushman & WakefieldReport
Chicago Multifamily MarketBeat Q4 2025
The Chicago multifamily market achieved 95.0% occupancy by year-end 2025, up 0.1 percentage points year-over-year and above the 10-year average of 93.7%, with effective rents rising 3.7% to $1,913 per unit. The market absorbed 5,130 units in 2025 (down 51.3% year-over-year) while delivering 4,949 units (down 43.1% year-over-year), with 26,845 proposed units in the pipeline and 9,735 units under construction as of Q4 2025.
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Provenance
- Publisher
- Cushman & Wakefield
- Obtained from
- Unknown: source not established
- Published
- Dec 31, 2025
- Last updated
- Jun 28, 2026 (1 month ago)
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