Monthly Rent Report
Avondale Rent Report — January 2024
Asking rents in ZIP 60618, Chicago, from 239 listings.
Median 1BR rent in Avondale was $1,598 in January 2024, up 0.3% (+$5) from December 2023 and up 18.3% year-over-year. The middle half of 1BR listings asked between $1,484 and $1,695. That puts Avondale $81 above the Chicago citywide 1BR median of $1,517. The month's figures are based on 239 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,225 | +$75 (+6.5%) | +$375 (+44.1%) | $1,225 – $1,225 | 1 |
| Studio | $1,150 | $0 (0.0%) | +$300 (+35.3%) | $1,100 – $1,150 | 12 |
| 1BR | $1,598 | +$5 (+0.3%) | +$248 (+18.3%) | $1,484 – $1,695 | 40 |
| 1BR | $1,303 | −$290 (-18.2%) | −$47 (-3.5%) | $1,289 – $1,316 | 2 |
| 2BR | $1,950 | +$325 (+20.0%) | +$200 (+11.4%) | $1,785 – $2,400 | 151 |
| 2BR | $2,600 | +$975 (+60.0%) | +$850 (+48.6%) | $2,200 – $2,600 | 5 |
| 3BR | $2,495 | −$305 (-10.9%) | −$1,300 (-34.3%) | $2,495 – $2,495 | 1 |
| 3BR | $2,300 | −$500 (-17.9%) | −$1,495 (-39.4%) | $2,300 – $2,300 | 1 |
| 4BR | $3,250 | $0 (0.0%) | +$183 (+5.9%) | $2,800 – $4,366 | 22 |
| 4BR | $3,250 | $0 (0.0%) | +$183 (+5.9%) | $3,250 – $3,250 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Avondale vs. Chicago — January 2024
| Bedrooms | Avondale Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,225 | $1,225 | $0 (0.0%) |
| Studio | $1,150 | $1,225 | −$75 (-6.1%) |
| 1BR | $1,598 | $1,517 | +$81 (+5.3%) |
| 1BR | $1,303 | $1,517 | −$214 (-14.1%) |
| 2BR | $1,950 | $1,800 | +$150 (+8.3%) |
| 2BR | $2,600 | $1,800 | +$800 (+44.4%) |
| 3BR | $2,495 | $2,300 | +$195 (+8.5%) |
| 3BR | $2,300 | $2,300 | $0 (0.0%) |
| 4BR | $3,250 | $2,792 | +$459 (+16.4%) |
| 4BR | $3,250 | $2,792 | +$459 (+16.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2024.