Monthly Rent Report
Avondale Rent Report — October 2023
Asking rents in ZIP 60618, Chicago, from 66 listings.
Median 1BR rent in Avondale was $1,450 in October 2023, down 22.7% (−$425) from September 2023 and unchanged year-over-year. The middle half of 1BR listings asked between $1,450 and $1,473. That puts Avondale $25 below the Chicago citywide 1BR median of $1,475. The month's figures are based on 66 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,175 | +$270 (+29.8%) | −$375 (-24.2%) | $1,013 – $1,338 | 2 |
| Studio | $1,350 | +$445 (+49.2%) | −$200 (-12.9%) | $1,350 – $1,350 | 1 |
| 1BR | $1,450 | −$425 (-22.7%) | $0 (0.0%) | $1,450 – $1,473 | 3 |
| 1BR | $2,200 | +$325 (+17.3%) | +$750 (+51.7%) | $2,200 – $2,200 | 1 |
| 2BR | $1,695 | −$1,130 (-40.0%) | +$21 (+1.2%) | $1,695 – $1,695 | 1 |
| 2BR | $1,799 | −$1,026 (-36.3%) | +$125 (+7.4%) | $1,799 – $1,799 | 1 |
| 3BR | $2,675 | +$200 (+8.1%) | +$475 (+21.6%) | $2,675 – $2,769 | 6 |
| 3BR | $2,700 | +$225 (+9.1%) | +$500 (+22.7%) | $2,450 – $2,950 | 2 |
| 4BR | $4,000 | −$122 (-3.0%) | +$750 (+23.1%) | $2,900 – $6,450 | 30 |
| 4BR | $3,250 | −$872 (-21.2%) | $0 (0.0%) | $3,000 – $4,000 | 13 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Avondale vs. Chicago — October 2023
| Bedrooms | Avondale Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,175 | $1,200 | −$25 (-2.1%) |
| Studio | $1,350 | $1,200 | +$150 (+12.5%) |
| 1BR | $1,450 | $1,475 | −$25 (-1.7%) |
| 1BR | $2,200 | $1,475 | +$725 (+49.2%) |
| 2BR | $1,695 | $1,800 | −$105 (-5.8%) |
| 2BR | $1,799 | $1,800 | −$1 (-0.1%) |
| 3BR | $2,675 | $2,450 | +$225 (+9.2%) |
| 3BR | $2,700 | $2,450 | +$250 (+10.2%) |
| 4BR | $4,000 | $2,575 | +$1,425 (+55.3%) |
| 4BR | $3,250 | $2,575 | +$675 (+26.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2023.