Monthly Rent Report

Avondale Rent Report — November 2023

Asking rents in ZIP 60618, Chicago, from 214 listings.

Median 1BR rent in Avondale was $1,435 in November 2023, down 1.0% (−$15) from October 2023 and down 10.3% year-over-year. The middle half of 1BR listings asked between $1,295 and $1,700. That puts Avondale $69 below the Chicago citywide 1BR median of $1,504. The month's figures are based on 214 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. October 2023Vs. November 2022P25–P75 RangeListings
Studio$760−$415 (-35.3%)−$327 (-30.1%)$760 – $7604
Studio$760−$415 (-35.3%)−$327 (-30.1%)$760 – $7603
1BR$1,435−$15 (-1.0%)−$165 (-10.3%)$1,295 – $1,700124
1BR$1,423−$27 (-1.9%)−$177 (-11.1%)$1,359 – $1,4862
2BR$1,813+$118 (+6.9%)−$287 (-13.7%)$1,744 – $1,8812
2BR$1,875+$180 (+10.6%)−$225 (-10.7%)$1,605 – $2,0118
3BR$2,200−$475 (-17.8%)−$95 (-4.1%)$2,200 – $2,2001
3BR$2,295−$380 (-14.2%)$0 (0.0%)$2,295 – $2,2951
4BR$3,250$0 (0.0%)−$1,050 (-24.4%)$2,900 – $3,80045
4BR$3,300+$50 (+1.5%)−$1,000 (-23.3%)$3,300 – $3,3001

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

Avondale vs. ChicagoNovember 2023

BedroomsAvondale MedianChicago Citywide MedianDifference
Studio$760$1,160−$400 (-34.5%)
Studio$760$1,160−$400 (-34.5%)
1BR$1,435$1,504−$68 (-4.6%)
1BR$1,423$1,504−$81 (-5.4%)
2BR$1,813$1,800+$13 (+0.7%)
2BR$1,875$1,800+$75 (+4.2%)
3BR$2,200$2,298−$97 (-4.2%)
3BR$2,295$2,298−$2 (-0.1%)
4BR$3,250$2,750+$500 (+18.2%)
4BR$3,300$2,750+$550 (+20.0%)

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

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