Monthly Rent Report
Avondale Rent Report — December 2023
Asking rents in ZIP 60618, Chicago, from 59 listings.
Median 1BR rent in Avondale was $1,593 in December 2023, up 11.0% (+$158) from November 2023 and up 18.0% year-over-year. The middle half of 1BR listings asked between $1,591 and $1,594. That puts Avondale $138 above the Chicago citywide 1BR median of $1,455. The month's figures are based on 59 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $925 | +$165 (+21.7%) | −$275 (-22.9%) | $925 – $925 | 1 |
| Studio | $1,150 | +$390 (+51.3%) | −$50 (-4.2%) | $1,150 – $1,150 | 1 |
| 1BR | $1,593 | +$158 (+11.0%) | +$243 (+18.0%) | $1,591 – $1,594 | 2 |
| 1BR | $1,695 | +$260 (+18.1%) | +$345 (+25.6%) | $1,550 – $1,848 | 7 |
| 2BR | $2,075 | +$200 (+10.7%) | +$380 (+22.4%) | $2,075 – $2,075 | 1 |
| 2BR | $1,625 | −$250 (-13.3%) | −$70 (-4.1%) | $1,625 – $1,625 | 1 |
| 3BR | $2,800 | +$600 (+27.3%) | −$447 (-13.8%) | $2,558 – $2,950 | 18 |
| 3BR | $2,000 | −$200 (-9.1%) | −$1,247 (-38.4%) | $1,900 – $2,100 | 2 |
| 4BR | $3,250 | $0 (0.0%) | +$20 (+0.6%) | $3,250 – $3,250 | 1 |
| 4BR | $3,500 | +$250 (+7.7%) | +$270 (+8.4%) | $3,200 – $3,950 | 13 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Avondale vs. Chicago — December 2023
| Bedrooms | Avondale Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $925 | $1,218 | −$292 (-24.0%) |
| Studio | $1,150 | $1,218 | −$67 (-5.5%) |
| 1BR | $1,593 | $1,455 | +$138 (+9.5%) |
| 1BR | $1,695 | $1,455 | +$240 (+16.5%) |
| 2BR | $2,075 | $1,800 | +$275 (+15.3%) |
| 2BR | $1,625 | $1,800 | −$175 (-9.7%) |
| 3BR | $2,800 | $2,472 | +$328 (+13.3%) |
| 3BR | $2,000 | $2,472 | −$472 (-19.1%) |
| 4BR | $3,250 | $2,630 | +$620 (+23.6%) |
| 4BR | $3,500 | $2,630 | +$870 (+33.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2023.