Monthly Rent Report
Avondale Rent Report — March 2023
Asking rents in ZIP 60618, Chicago, from 828 listings.
Median 1BR rent in Avondale was $1,350 in March 2023, flat versus February 2023 and up 8.0% year-over-year. The middle half of 1BR listings asked between $1,350 and $1,350. That puts Avondale $46 below the Chicago citywide 1BR median of $1,396. The month's figures are based on 828 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $815 | −$60 (-6.9%) | +$90 (+12.4%) | $785 – $845 | 2 |
| Studio | $1,200 | +$325 (+37.1%) | +$475 (+65.5%) | $1,050 – $1,400 | 19 |
| 1BR | $1,350 | $0 (0.0%) | +$100 (+8.0%) | $1,350 – $1,350 | 1 |
| 1BR | $1,350 | $0 (0.0%) | +$100 (+8.0%) | $1,268 – $1,519 | 158 |
| 2BR | $1,850 | $0 (0.0%) | +$155 (+9.1%) | $1,600 – $2,300 | 420 |
| 2BR | $1,849 | −$1 (-0.1%) | +$154 (+9.1%) | $1,450 – $1,849 | 5 |
| 3BR | $2,263 | −$37 (-1.6%) | +$338 (+17.5%) | $1,900 – $2,700 | 188 |
| 3BR | $2,398 | +$98 (+4.2%) | +$473 (+24.5%) | $2,296 – $2,766 | 4 |
| 4BR | $3,250 | +$850 (+35.4%) | +$850 (+35.4%) | $3,250 – $3,250 | 1 |
| 4BR | $3,250 | +$850 (+35.4%) | +$850 (+35.4%) | $3,150 – $3,400 | 27 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Avondale vs. Chicago — March 2023
| Bedrooms | Avondale Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $815 | $1,204 | −$389 (-32.3%) |
| Studio | $1,200 | $1,204 | −$4 (-0.3%) |
| 1BR | $1,350 | $1,396 | −$46 (-3.3%) |
| 1BR | $1,350 | $1,396 | −$46 (-3.3%) |
| 2BR | $1,850 | $1,698 | +$153 (+9.0%) |
| 2BR | $1,849 | $1,698 | +$152 (+8.9%) |
| 3BR | $2,263 | $2,200 | +$63 (+2.8%) |
| 3BR | $2,398 | $2,200 | +$198 (+9.0%) |
| 4BR | $3,250 | $2,444 | +$806 (+33.0%) |
| 4BR | $3,250 | $2,444 | +$806 (+33.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2023.