Monthly Rent Report
Avondale Rent Report — April 2023
Asking rents in ZIP 60618, Chicago, from 913 listings.
Median 1BR rent in Avondale was $1,523 in April 2023, up 12.8% (+$173) from March 2023 and up 10.9% year-over-year. The middle half of 1BR listings asked between $1,421 and $1,575. That puts Avondale $98 above the Chicago citywide 1BR median of $1,425. The month's figures are based on 913 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,195 | −$5 (-0.4%) | +$390 (+48.4%) | $1,125 – $1,500 | 25 |
| Studio | $895 | −$305 (-25.4%) | +$90 (+11.2%) | $835 – $943 | 3 |
| 1BR | $1,523 | +$173 (+12.8%) | +$150 (+10.9%) | $1,421 – $1,575 | 4 |
| 1BR | $1,375 | +$25 (+1.9%) | +$3 (+0.2%) | $1,275 – $1,550 | 208 |
| 2BR | $1,925 | +$75 (+4.1%) | +$101 (+5.5%) | $1,630 – $2,300 | 421 |
| 2BR | $1,825 | −$25 (-1.4%) | +$1 (+0.0%) | $1,700 – $1,925 | 4 |
| 3BR | $2,548 | +$285 (+12.6%) | −$402 (-13.6%) | $2,524 – $2,571 | 2 |
| 3BR | $2,540 | +$278 (+12.3%) | −$410 (-13.9%) | $2,195 – $3,100 | 199 |
| 4BR | $2,800 | −$450 (-13.8%) | −$150 (-5.1%) | $2,800 – $2,800 | 1 |
| 4BR | $3,000 | −$250 (-7.7%) | +$50 (+1.7%) | $2,800 – $3,200 | 35 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Avondale vs. Chicago — April 2023
| Bedrooms | Avondale Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,195 | $1,195 | $0 (0.0%) |
| Studio | $895 | $1,195 | −$300 (-25.1%) |
| 1BR | $1,523 | $1,425 | +$98 (+6.8%) |
| 1BR | $1,375 | $1,425 | −$50 (-3.5%) |
| 2BR | $1,925 | $1,725 | +$200 (+11.6%) |
| 2BR | $1,825 | $1,725 | +$100 (+5.8%) |
| 3BR | $2,548 | $2,300 | +$248 (+10.8%) |
| 3BR | $2,540 | $2,300 | +$240 (+10.4%) |
| 4BR | $2,800 | $2,597 | +$203 (+7.8%) |
| 4BR | $3,000 | $2,597 | +$403 (+15.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2023.