Skokie rent history: how rents have changed since 2020
The typical Skokie rent has gone from about $1,638/month in December 2020 to $2,371 in September 2026 — +45% (+$733) over roughly 6 years. Below is the full year-by-year record, not the smoothed recent slice you see on the home page.
Skokie rent index, the full series
Year-by-year average rent
| Year | Average rent | vs. prior year |
|---|---|---|
| 2021 | $1,707/mo | — |
| 2022 | $1,879/mo | +10.1% |
| 2023 | $1,988/mo | +5.8% |
| 2024 | $2,095/mo | +5.4% |
| 2025 | $2,222/mo | +6.1% |
| 2026 (through September 2026) | $2,308/mo | +3.9% |
Each year's figure is the average of every month Zillow published for that year, so the year-over-year column compares annual averages and seasonality doesn't distort it. 2026 runs only through September 2026 — treat those partial years accordingly.
What the record shows
The Skokie index rose in every full year on record. The steepest climb was 2022 (+10.1%), part of the nationwide 2021–2022 rent surge; the most recent full year, 2025, came in softer at +6.1%. So far in 2026 the index is +3.9% versus the 2025 average — well below the surge-era pace, consistent with a market that is still rising but decelerating.
Over the 6-year span the highest monthly reading was $2,381 in July 2026, and the lowest was $1,632 in January 2021.
Read this honestly
- Smoothed index, not asking rents. ZORI tracks the typical observed market rent and is smoothed across listings, so it lags and mutes the sharp moves real renters felt — especially during the 2021–2022 spike.
- Recent months get revised. Zillow restates the last several months as more data arrives (usually under ~1%), so the newest figures here can shift slightly month to month.
- History, not a forecast. A 6-year record of rising rents is not a promise they keep rising. This is what happened, not what will.
See current Skokie rent and the per-ZIP breakdown, the best time of year to rent, Skokie against the Chicago metro and the US, this month's report, or how we compute all of this. Want the numbers themselves? Download the full series as CSV — every month charted above, plus ZIP, metro, and national.
First published · Page last updated · rent index data through September 2026.
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