Monthly Rent Report
Avondale Rent Report — December 2022
Asking rents in ZIP 60618, Chicago, from 253 listings.
Median 1BR rent in Avondale was $1,113 in December 2022, down 36.4% (−$637) from November 2022 and down 5.5% year-over-year. The middle half of 1BR listings asked between $1,075 and $1,150. That puts Avondale $233 below the Chicago citywide 1BR median of $1,345. The month's figures are based on 253 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. December 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,600 | +$1,513 (+139.1%) | +$1,800 (+225.0%) | $2,600 – $2,600 | 1 |
| Studio | $1,200 | +$113 (+10.3%) | +$400 (+50.0%) | $1,175 – $1,200 | 3 |
| 1BR | $1,113 | −$637 (-36.4%) | −$65 (-5.5%) | $1,075 – $1,150 | 4 |
| 1BR | $1,350 | −$400 (-22.9%) | +$173 (+14.6%) | $1,150 – $1,613 | 12 |
| 2BR | $1,750 | +$28 (+1.6%) | −$35 (-2.0%) | $1,550 – $2,000 | 109 |
| 2BR | $1,695 | −$27 (-1.6%) | −$90 (-5.0%) | $1,673 – $2,098 | 3 |
| 3BR | $2,550 | +$255 (+11.1%) | +$960 (+60.4%) | $2,290 – $3,150 | 78 |
| 3BR | $3,248 | +$953 (+41.5%) | +$1,658 (+104.2%) | $2,350 – $3,820 | 8 |
| 4BR | $3,230 | −$1,070 (-24.9%) | +$1,680 (+108.4%) | $2,990 – $3,250 | 28 |
| 4BR | $3,230 | −$1,070 (-24.9%) | +$1,680 (+108.4%) | $3,108 – $3,250 | 4 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
Avondale vs. Chicago — December 2022
| Bedrooms | Avondale Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,600 | $1,050 | +$1,550 (+147.6%) |
| Studio | $1,200 | $1,050 | +$150 (+14.3%) |
| 1BR | $1,113 | $1,345 | −$232 (-17.3%) |
| 1BR | $1,350 | $1,345 | +$5 (+0.4%) |
| 2BR | $1,750 | $1,675 | +$75 (+4.5%) |
| 2BR | $1,695 | $1,675 | +$20 (+1.2%) |
| 3BR | $2,550 | $2,181 | +$369 (+16.9%) |
| 3BR | $3,248 | $2,181 | +$1,066 (+48.9%) |
| 4BR | $3,230 | $2,589 | +$641 (+24.8%) |
| 4BR | $3,230 | $2,589 | +$641 (+24.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2022.