Monthly Rent Report
Avondale Rent Report — May 2022
Asking rents in ZIP 60618, Chicago, from 37 listings.
Median 1BR rent in Avondale was $1,495 in May 2022, up 8.9% (+$123) from April 2022. The middle half of 1BR listings asked between $1,461 and $1,536. That puts Avondale $198 above the Chicago citywide 1BR median of $1,298. The month's figures are based on 37 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $813 | +$8 (+0.9%) | — | $800 – $863 | 4 |
| Studio | $975 | +$170 (+21.1%) | — | $975 – $975 | 4 |
| 1BR | $1,495 | +$123 (+8.9%) | — | $1,461 – $1,536 | 6 |
| 1BR | $1,450 | +$78 (+5.6%) | — | $1,275 – $1,630 | 5 |
| 2BR | $1,888 | +$63 (+3.5%) | — | $1,813 – $2,050 | 8 |
| 2BR | $2,600 | +$776 (+42.5%) | — | $2,600 – $2,600 | 1 |
| 3BR | $2,950 | $0 (0.0%) | — | $2,400 – $3,073 | 3 |
| 3BR | $2,700 | −$250 (-8.5%) | — | $2,175 – $2,800 | 3 |
| 4BR | $3,250 | +$300 (+10.2%) | — | $2,623 – $3,375 | 3 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
Avondale vs. Chicago — May 2022
| Bedrooms | Avondale Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $813 | $1,050 | −$237 (-22.6%) |
| Studio | $975 | $1,050 | −$75 (-7.1%) |
| 1BR | $1,495 | $1,298 | +$198 (+15.2%) |
| 1BR | $1,450 | $1,298 | +$153 (+11.8%) |
| 2BR | $1,888 | $1,599 | +$289 (+18.1%) |
| 2BR | $2,600 | $1,599 | +$1,001 (+62.6%) |
| 3BR | $2,950 | $2,100 | +$850 (+40.5%) |
| 3BR | $2,700 | $2,100 | +$600 (+28.6%) |
| 4BR | $3,250 | $2,600 | +$650 (+25.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2022.