Monthly Rent Report
Avondale Rent Report — February 2024
Asking rents in ZIP 60618, Chicago, from 271 listings.
Median 1BR rent in Avondale was $1,613 in February 2024, up 23.8% (+$310) from January 2024 and down 19.2% year-over-year. The middle half of 1BR listings asked between $1,531 and $1,694. That puts Avondale $113 above the Chicago citywide 1BR median of $1,500. The month's figures are based on 271 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,195 | +$45 (+3.9%) | +$320 (+36.6%) | $1,050 – $1,375 | 23 |
| Studio | $930 | −$220 (-19.1%) | +$55 (+6.3%) | $930 – $930 | 1 |
| 1BR | $1,613 | +$310 (+23.8%) | −$382 (-19.2%) | $1,531 – $1,694 | 2 |
| 1BR | $1,775 | +$473 (+36.3%) | −$220 (-11.0%) | $1,775 – $1,775 | 1 |
| 2BR | $1,650 | −$300 (-15.4%) | −$200 (-10.8%) | $1,650 – $1,650 | 1 |
| 2BR | $2,150 | +$200 (+10.3%) | +$300 (+16.2%) | $1,775 – $2,350 | 5 |
| 3BR | $2,250 | −$245 (-9.8%) | −$300 (-11.8%) | $2,025 – $2,475 | 2 |
| 3BR | $2,500 | +$5 (+0.2%) | −$50 (-2.0%) | $2,200 – $3,000 | 161 |
| 4BR | $5,048 | +$1,798 (+55.3%) | +$2,648 (+110.3%) | $4,321 – $5,774 | 2 |
| 4BR | $3,598 | +$348 (+10.7%) | +$1,198 (+49.9%) | $3,225 – $4,250 | 64 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Avondale vs. Chicago — February 2024
| Bedrooms | Avondale Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,195 | $1,211 | −$16 (-1.3%) |
| Studio | $930 | $1,211 | −$281 (-23.2%) |
| 1BR | $1,613 | $1,500 | +$113 (+7.5%) |
| 1BR | $1,775 | $1,500 | +$275 (+18.3%) |
| 2BR | $1,650 | $1,813 | −$162 (-9.0%) |
| 2BR | $2,150 | $1,813 | +$338 (+18.6%) |
| 3BR | $2,250 | $2,300 | −$50 (-2.2%) |
| 3BR | $2,500 | $2,300 | +$200 (+8.7%) |
| 4BR | $5,048 | $2,792 | +$2,256 (+80.8%) |
| 4BR | $3,598 | $2,792 | +$806 (+28.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2024.