Monthly Rent Report
Avondale Rent Report — January 2023
Asking rents in ZIP 60618, Chicago, from 496 listings.
Median 1BR rent in Avondale was $1,350 in January 2023, up 21.3% (+$238) from December 2022 and down 6.9% year-over-year. The middle half of 1BR listings asked between $1,200 and $1,475. That puts Avondale in line with the Chicago citywide 1BR median of $1,350. The month's figures are based on 496 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $850 | −$1,750 (-67.3%) | +$50 (+6.3%) | $850 – $863 | 3 |
| Studio | $1,050 | −$1,550 (-59.6%) | +$250 (+31.3%) | $875 – $1,300 | 11 |
| 1BR | $1,350 | +$238 (+21.3%) | −$100 (-6.9%) | $1,200 – $1,475 | 67 |
| 1BR | $1,385 | +$273 (+24.5%) | −$65 (-4.5%) | $1,340 – $1,430 | 2 |
| 2BR | $1,795 | +$45 (+2.6%) | +$145 (+8.8%) | $1,600 – $2,100 | 251 |
| 2BR | $1,750 | $0 (0.0%) | +$100 (+6.1%) | $1,600 – $1,975 | 8 |
| 3BR | $2,350 | −$200 (-7.8%) | +$125 (+5.6%) | $2,195 – $3,000 | 124 |
| 3BR | $3,795 | +$1,245 (+48.8%) | +$1,570 (+70.6%) | $3,795 – $3,870 | 6 |
| 4BR | $4,200 | +$970 (+30.0%) | +$2,650 (+171.0%) | $4,200 – $4,200 | 1 |
| 4BR | $3,068 | −$162 (-5.0%) | +$1,518 (+97.9%) | $2,800 – $3,415 | 10 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Avondale vs. Chicago — January 2023
| Bedrooms | Avondale Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $850 | $1,061 | −$211 (-19.9%) |
| Studio | $1,050 | $1,061 | −$11 (-1.1%) |
| 1BR | $1,350 | $1,350 | $0 (0.0%) |
| 1BR | $1,385 | $1,350 | +$35 (+2.6%) |
| 2BR | $1,795 | $1,698 | +$98 (+5.7%) |
| 2BR | $1,750 | $1,698 | +$53 (+3.1%) |
| 3BR | $2,350 | $2,123 | +$228 (+10.7%) |
| 3BR | $3,795 | $2,123 | +$1,673 (+78.8%) |
| 4BR | $4,200 | $2,417 | +$1,784 (+73.8%) |
| 4BR | $3,068 | $2,417 | +$651 (+26.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2023.