Monthly Rent Report
Avondale Rent Report — November 2022
Asking rents in ZIP 60618, Chicago, from 92 listings.
Median 1BR rent in Avondale was $1,600 in November 2022, down 30.3% (−$695) from October 2022 and up 40.7% year-over-year. The middle half of 1BR listings asked between $1,415 and $1,625. That puts Avondale $200 above the Chicago citywide 1BR median of $1,400. The month's figures are based on 92 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2022 | Vs. November 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,088 | +$243 (+28.7%) | +$163 (+17.6%) | $969 – $1,211 | 8 |
| Studio | $970 | +$125 (+14.8%) | +$45 (+4.9%) | $970 – $970 | 1 |
| 1BR | $1,600 | −$695 (-30.3%) | +$463 (+40.7%) | $1,415 – $1,625 | 3 |
| 1BR | $1,750 | −$545 (-23.7%) | +$613 (+53.8%) | $1,700 – $2,000 | 12 |
| 2BR | $1,723 | −$127 (-6.9%) | +$123 (+7.7%) | $1,400 – $1,970 | 16 |
| 2BR | $2,100 | +$250 (+13.5%) | +$500 (+31.3%) | $2,100 – $2,100 | 2 |
| 3BR | $3,795 | +$1,595 (+72.5%) | +$795 (+26.5%) | $3,484 – $3,895 | 10 |
| 3BR | $2,295 | +$95 (+4.3%) | −$705 (-23.5%) | $1,950 – $3,109 | 14 |
| 4BR | $3,250 | −$1,050 (-24.4%) | +$650 (+25.0%) | $3,250 – $3,625 | 21 |
| 4BR | $4,300 | $0 (0.0%) | +$1,700 (+65.4%) | $4,300 – $4,300 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2022. Changes compare against the nearest prior month with data.
Avondale vs. Chicago — November 2022
| Bedrooms | Avondale Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,088 | $1,120 | −$32 (-2.9%) |
| Studio | $970 | $1,120 | −$150 (-13.4%) |
| 1BR | $1,600 | $1,400 | +$200 (+14.3%) |
| 1BR | $1,750 | $1,400 | +$350 (+25.0%) |
| 2BR | $1,723 | $1,700 | +$23 (+1.3%) |
| 2BR | $2,100 | $1,700 | +$400 (+23.5%) |
| 3BR | $3,795 | $2,100 | +$1,695 (+80.7%) |
| 3BR | $2,295 | $2,100 | +$195 (+9.3%) |
| 4BR | $3,250 | $2,500 | +$750 (+30.0%) |
| 4BR | $4,300 | $2,500 | +$1,800 (+72.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in November 2022.