Chicago rents fell 12% in 2020. For renters, it ‘restores your faith in humanity.’ For landlords, ‘it’s a huge hit.’ – Chicago Tribune*

Chicago was among the most severely impacted cities when it came to falling rents, said Rob Warnock, who co-authored the Apartment List study. Due to the pandemic, more expensive cities with competitive job markets saw rent decline — many for the first time in a decade.