Monthly Rent Report

Avondale Rent Report — September 2023

Asking rents in ZIP 60618, Chicago, from 17 listings.

Median 1BR rent in Avondale was $1,875 in September 2023, down 6.0% (−$120) from August 2023 and up 17.2% year-over-year. The middle half of 1BR listings asked between $1,875 and $1,875. That puts Avondale $425 above the Chicago citywide 1BR median of $1,450. The month's figures are based on 17 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. August 2023Vs. September 2022P25–P75 RangeListings
Studio$1,135+$38 (+3.4%)+$325 (+40.1%)$905 – $1,3652
Studio$905−$192 (-17.5%)+$95 (+11.7%)$905 – $9051
1BR$1,875−$120 (-6.0%)+$275 (+17.2%)$1,875 – $1,8751
1BR$1,450−$545 (-27.3%)−$150 (-9.4%)$1,450 – $1,4501
2BR$2,825+$575 (+25.6%)+$1,075 (+61.4%)$2,788 – $2,8632
2BR$1,420−$830 (-36.9%)−$330 (-18.9%)$1,420 – $1,4201
3BR$2,475+$175 (+7.6%)−$120 (-4.6%)$2,475 – $2,4751
3BR$2,600+$300 (+13.0%)+$5 (+0.2%)$2,600 – $2,6001
4BR$4,123+$1,008 (+32.3%)+$873 (+26.8%)$2,959 – $5,2862
4BR$3,195+$80 (+2.6%)−$55 (-1.7%)$2,495 – $4,8233

Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.

Avondale vs. ChicagoSeptember 2023

BedroomsAvondale MedianChicago Citywide MedianDifference
Studio$1,135$1,238−$102 (-8.3%)
Studio$905$1,238−$332 (-26.9%)
1BR$1,875$1,450+$425 (+29.3%)
1BR$1,450$1,450$0 (0.0%)
2BR$2,825$1,738+$1,088 (+62.6%)
2BR$1,420$1,738−$317 (-18.3%)
3BR$2,475$2,327+$148 (+6.4%)
3BR$2,600$2,327+$273 (+11.7%)
4BR$4,123$2,783+$1,340 (+48.1%)
4BR$3,195$2,783+$412 (+14.8%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2023.

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