Monthly Rent Report
Avondale Rent Report — July 2023
Asking rents in ZIP 60618, Chicago, from 263 listings.
Median 1BR rent in Avondale was $1,523 in July 2023, down 10.4% (−$177) from June 2023 and up 17.6% year-over-year. The middle half of 1BR listings asked between $1,509 and $1,536. That puts Avondale $73 above the Chicago citywide 1BR median of $1,450. The month's figures are based on 263 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,050 | +$145 (+16.0%) | +$205 (+24.3%) | $1,050 – $1,050 | 1 |
| Studio | $1,273 | +$368 (+40.6%) | +$428 (+50.6%) | $1,100 – $1,436 | 10 |
| 1BR | $1,523 | −$177 (-10.4%) | +$228 (+17.6%) | $1,509 – $1,536 | 2 |
| 1BR | $1,450 | −$250 (-14.7%) | +$155 (+12.0%) | $1,325 – $1,811 | 88 |
| 2BR | $1,850 | −$100 (-5.1%) | +$150 (+8.8%) | $1,800 – $2,200 | 5 |
| 2BR | $2,195 | +$245 (+12.6%) | +$495 (+29.1%) | $1,795 – $2,648 | 83 |
| 3BR | $3,250 | +$450 (+16.1%) | +$1,400 (+75.7%) | $3,250 – $3,250 | 1 |
| 3BR | $2,998 | +$198 (+7.1%) | +$1,148 (+62.0%) | $2,296 – $3,371 | 46 |
| 4BR | $3,050 | +$550 (+22.0%) | −$200 (-6.2%) | $3,050 – $3,050 | 1 |
| 4BR | $3,800 | +$1,300 (+52.0%) | +$550 (+16.9%) | $3,200 – $4,150 | 16 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Avondale vs. Chicago — July 2023
| Bedrooms | Avondale Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,050 | $1,200 | −$150 (-12.5%) |
| Studio | $1,273 | $1,200 | +$73 (+6.0%) |
| 1BR | $1,523 | $1,450 | +$73 (+5.0%) |
| 1BR | $1,450 | $1,450 | $0 (0.0%) |
| 2BR | $1,850 | $1,795 | +$55 (+3.1%) |
| 2BR | $2,195 | $1,795 | +$400 (+22.3%) |
| 3BR | $3,250 | $2,273 | +$978 (+43.0%) |
| 3BR | $2,998 | $2,273 | +$725 (+31.9%) |
| 4BR | $3,050 | $2,709 | +$342 (+12.6%) |
| 4BR | $3,800 | $2,709 | +$1,092 (+40.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2023.