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Chicago dethrones Miami as America's most competitive rental market

A slowdown in new apartment construction combined with persistently strong renter demand has made finding housing in Chicago more difficult than in Miami or Manhattan.

Published Oct 9, 2026, 4:50 PM EDT | LehighValleyLive

Chicago has spent years making headlines for crime concerns, corporate moves and wealthy residents leaving town. But now the city is back in the spotlight for a very different reason: finding an apartment there has become harder than almost anywhere else in America.