Monthly Rent Report
Avondale Rent Report — October 2022
Asking rents in ZIP 60618, Chicago, from 80 listings.
Median 1BR rent in Avondale was $2,295 in October 2022, up 91.3% (+$1,095) from September 2022 and up 97.8% year-over-year. The middle half of 1BR listings asked between $2,295 and $2,295. That puts Avondale $978 above the Chicago citywide 1BR median of $1,318. The month's figures are based on 80 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. October 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $845 | −$130 (-13.3%) | −$155 (-15.5%) | $828 – $845 | 4 |
| Studio | $1,550 | +$575 (+59.0%) | +$550 (+55.0%) | $1,550 – $1,550 | 9 |
| 1BR | $2,295 | +$1,095 (+91.3%) | +$1,135 (+97.8%) | $2,295 – $2,295 | 2 |
| 1BR | $1,450 | +$250 (+20.8%) | +$290 (+25.0%) | $1,450 – $1,525 | 3 |
| 2BR | $1,850 | +$225 (+13.8%) | +$400 (+27.6%) | $1,800 – $2,350 | 18 |
| 2BR | $1,675 | +$50 (+3.0%) | +$225 (+15.5%) | $1,613 – $1,695 | 10 |
| 3BR | $2,250 | −$345 (-13.3%) | +$250 (+12.5%) | $2,250 – $2,275 | 3 |
| 3BR | $2,200 | −$395 (-15.2%) | +$200 (+10.0%) | $2,100 – $3,270 | 21 |
| 4BR | $4,300 | +$1,050 (+32.3%) | +$1,200 (+38.7%) | $4,300 – $4,300 | 1 |
| 4BR | $3,250 | $0 (0.0%) | +$150 (+4.8%) | $3,249 – $3,250 | 6 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
Avondale vs. Chicago — October 2022
| Bedrooms | Avondale Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $845 | $1,050 | −$205 (-19.5%) |
| Studio | $1,550 | $1,050 | +$500 (+47.6%) |
| 1BR | $2,295 | $1,318 | +$978 (+74.2%) |
| 1BR | $1,450 | $1,318 | +$133 (+10.1%) |
| 2BR | $1,850 | $1,700 | +$150 (+8.8%) |
| 2BR | $1,675 | $1,700 | −$25 (-1.5%) |
| 3BR | $2,250 | $2,190 | +$60 (+2.7%) |
| 3BR | $2,200 | $2,190 | +$10 (+0.5%) |
| 4BR | $4,300 | $2,478 | +$1,823 (+73.6%) |
| 4BR | $3,250 | $2,478 | +$773 (+31.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2022.