Monthly Rent Report
Avondale Rent Report — February 2023
Asking rents in ZIP 60618, Chicago, from 639 listings.
Median 1BR rent in Avondale was $1,995 in February 2023, up 44.0% (+$610) from January 2023 and up 59.6% year-over-year. The middle half of 1BR listings asked between $1,995 and $1,995. That puts Avondale $595 above the Chicago citywide 1BR median of $1,400. The month's figures are based on 639 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $938 | −$112 (-10.7%) | −$660 (-41.3%) | $875 – $1,049 | 12 |
| Studio | $875 | −$175 (-16.7%) | −$722 (-45.2%) | $875 – $875 | 2 |
| 1BR | $1,995 | +$610 (+44.0%) | +$745 (+59.6%) | $1,995 – $1,995 | 1 |
| 1BR | $1,350 | −$35 (-2.5%) | +$100 (+8.0%) | $1,229 – $1,600 | 120 |
| 2BR | $1,950 | +$200 (+11.4%) | +$500 (+34.5%) | $1,773 – $2,025 | 3 |
| 2BR | $1,850 | +$100 (+5.7%) | +$400 (+27.6%) | $1,600 – $2,195 | 312 |
| 3BR | $2,300 | −$1,495 (-39.4%) | +$350 (+17.9%) | $2,000 – $2,600 | 148 |
| 3BR | $2,550 | −$1,245 (-32.8%) | +$600 (+30.8%) | $2,550 – $2,550 | 1 |
| 4BR | $3,250 | −$950 (-22.6%) | −$950 (-22.6%) | $3,100 – $3,450 | 30 |
| 4BR | $2,400 | −$1,800 (-42.9%) | −$1,800 (-42.9%) | $2,400 – $2,400 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Avondale vs. Chicago — February 2023
| Bedrooms | Avondale Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $938 | $1,149 | −$211 (-18.4%) |
| Studio | $875 | $1,149 | −$274 (-23.8%) |
| 1BR | $1,995 | $1,400 | +$595 (+42.5%) |
| 1BR | $1,350 | $1,400 | −$50 (-3.6%) |
| 2BR | $1,950 | $1,695 | +$255 (+15.0%) |
| 2BR | $1,850 | $1,695 | +$155 (+9.1%) |
| 3BR | $2,300 | $2,188 | +$113 (+5.1%) |
| 3BR | $2,550 | $2,188 | +$363 (+16.6%) |
| 4BR | $3,250 | $2,393 | +$857 (+35.8%) |
| 4BR | $2,400 | $2,393 | +$8 (+0.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2023.