Skokie rent history: how rents have changed since 2020
The typical Skokie rent has gone from about $1,628/month in December 2020 to $2,361 in August 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 | $1,697/mo | — |
| 2022 | $1,868/mo | +10.1% |
| 2023 | $1,977/mo | +5.8% |
| 2024 | $2,080/mo | +5.2% |
| 2025 | $2,206/mo | +6.1% |
| 2026 (through August 2026) | $2,283/mo | +3.5% |
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 August 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 +3.5% 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 $2,363 in July 2026, and the lowest was $1,623 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, 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 August 2026.
Get the Skokie rent report, monthly
One email when the numbers update: average rent, what moved, and which ZIPs changed. No spam, unsubscribe anytime.