Monthly Rent Report
Avondale Rent Report — June 2023
Asking rents in ZIP 60618, Chicago, from 350 listings.
Median 1BR rent in Avondale was $1,400 in June 2023, down 2.8% (−$40) from May 2023 and down 25.3% year-over-year. The middle half of 1BR listings asked between $1,298 and $1,550. That puts Avondale in line with the Chicago citywide 1BR median of $1,400. The month's figures are based on 350 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $905 | $0 (0.0%) | −$90 (-9.0%) | $905 – $905 | 1 |
| Studio | $1,325 | +$420 (+46.4%) | +$330 (+33.2%) | $969 – $1,350 | 28 |
| 1BR | $1,400 | −$40 (-2.8%) | −$475 (-25.3%) | $1,298 – $1,550 | 168 |
| 1BR | $1,700 | +$260 (+18.1%) | −$175 (-9.3%) | $1,695 – $1,795 | 5 |
| 2BR | $1,950 | −$100 (-4.9%) | +$50 (+2.6%) | $1,750 – $2,595 | 5 |
| 2BR | $1,795 | −$255 (-12.4%) | −$105 (-5.5%) | $1,795 – $1,795 | 1 |
| 3BR | $2,800 | +$315 (+12.7%) | +$450 (+19.1%) | $2,300 – $3,499 | 110 |
| 3BR | $3,795 | +$1,310 (+52.7%) | +$1,445 (+61.5%) | $3,395 – $3,800 | 5 |
| 4BR | $2,500 | −$380 (-13.2%) | −$550 (-18.0%) | $2,500 – $2,500 | 1 |
| 4BR | $3,150 | +$270 (+9.4%) | +$100 (+3.3%) | $3,000 – $3,200 | 22 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Avondale vs. Chicago — June 2023
| Bedrooms | Avondale Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $905 | $1,243 | −$337 (-27.2%) |
| Studio | $1,325 | $1,243 | +$83 (+6.6%) |
| 1BR | $1,400 | $1,400 | $0 (0.0%) |
| 1BR | $1,700 | $1,400 | +$300 (+21.4%) |
| 2BR | $1,950 | $1,700 | +$250 (+14.7%) |
| 2BR | $1,795 | $1,700 | +$95 (+5.6%) |
| 3BR | $2,800 | $2,275 | +$525 (+23.1%) |
| 3BR | $3,795 | $2,275 | +$1,520 (+66.8%) |
| 4BR | $2,500 | $2,500 | $0 (0.0%) |
| 4BR | $3,150 | $2,500 | +$650 (+26.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2023.