Monthly Rent Report
Avondale Rent Report — August 2022
Asking rents in ZIP 60618, Chicago, from 237 listings.
Median 1BR rent in Avondale was $1,645 in August 2022, up 27.0% (+$350) from July 2022 and up 27.0% year-over-year. The middle half of 1BR listings asked between $1,570 and $1,720. That puts Avondale $350 above the Chicago citywide 1BR median of $1,295. The month's figures are based on 237 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $995 | −$27 (-2.7%) | +$85 (+9.3%) | $995 – $1,050 | 45 |
| Studio | $845 | −$177 (-17.4%) | −$65 (-7.1%) | $820 – $846 | 4 |
| 1BR | $1,645 | +$350 (+27.0%) | +$350 (+27.0%) | $1,570 – $1,720 | 2 |
| 1BR | $1,375 | +$80 (+6.2%) | +$80 (+6.2%) | $1,375 – $1,375 | 1 |
| 2BR | $1,798 | $0 (0.0%) | +$298 (+19.8%) | $1,796 – $1,799 | 2 |
| 2BR | $1,800 | +$3 (+0.1%) | +$300 (+20.0%) | $1,486 – $1,963 | 4 |
| 3BR | $2,217 | −$130 (-5.6%) | −$283 (-11.3%) | $2,217 – $2,217 | 1 |
| 3BR | $2,625 | +$278 (+11.8%) | +$125 (+5.0%) | $2,000 – $3,250 | 128 |
| 4BR | $2,495 | +$600 (+31.7%) | −$5 (-0.2%) | $2,495 – $3,800 | 25 |
| 4BR | $2,400 | +$505 (+26.6%) | −$100 (-4.0%) | $2,400 – $2,400 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
Avondale vs. Chicago — August 2022
| Bedrooms | Avondale Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $995 | $1,095 | −$100 (-9.1%) |
| Studio | $845 | $1,095 | −$250 (-22.8%) |
| 1BR | $1,645 | $1,295 | +$350 (+27.0%) |
| 1BR | $1,375 | $1,295 | +$80 (+6.2%) |
| 2BR | $1,798 | $1,795 | +$3 (+0.1%) |
| 2BR | $1,800 | $1,795 | +$5 (+0.3%) |
| 3BR | $2,217 | $2,250 | −$33 (-1.5%) |
| 3BR | $2,625 | $2,250 | +$375 (+16.7%) |
| 4BR | $2,495 | $2,455 | +$40 (+1.6%) |
| 4BR | $2,400 | $2,455 | −$55 (-2.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2022.