Monthly Rent Report
Avondale Rent Report — March 2024
Asking rents in ZIP 60618, Chicago, from 576 listings.
Median 1BR rent in Avondale was $1,550 in March 2024, down 12.7% (−$225) from February 2024 and up 14.8% year-over-year. The middle half of 1BR listings asked between $1,400 and $1,795. That puts Avondale $46 above the Chicago citywide 1BR median of $1,505. The month's figures are based on 576 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,095 | +$165 (+17.7%) | +$280 (+34.4%) | $1,095 – $1,095 | 1 |
| Studio | $1,400 | +$470 (+50.5%) | +$585 (+71.8%) | $1,350 – $1,500 | 29 |
| 1BR | $1,550 | −$225 (-12.7%) | +$200 (+14.8%) | $1,400 – $1,795 | 116 |
| 1BR | $1,450 | −$325 (-18.3%) | +$100 (+7.4%) | $1,450 – $1,450 | 2 |
| 2BR | $1,995 | +$345 (+20.9%) | +$145 (+7.8%) | $1,750 – $2,400 | 234 |
| 2BR | $1,800 | +$150 (+9.1%) | −$50 (-2.7%) | $1,750 – $1,998 | 3 |
| 3BR | $2,400 | −$100 (-4.0%) | +$138 (+6.1%) | $2,350 – $2,700 | 7 |
| 3BR | $2,650 | +$150 (+6.0%) | +$388 (+17.1%) | $2,400 – $3,250 | 141 |
| 4BR | $3,595 | −$1,452 (-28.8%) | +$345 (+10.6%) | $3,445 – $3,898 | 3 |
| 4BR | $3,595 | −$1,452 (-28.8%) | +$345 (+10.6%) | $3,200 – $4,100 | 29 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Avondale vs. Chicago — March 2024
| Bedrooms | Avondale Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,095 | $1,225 | −$130 (-10.6%) |
| Studio | $1,400 | $1,225 | +$175 (+14.3%) |
| 1BR | $1,550 | $1,505 | +$46 (+3.0%) |
| 1BR | $1,450 | $1,505 | −$54 (-3.6%) |
| 2BR | $1,995 | $1,900 | +$95 (+5.0%) |
| 2BR | $1,800 | $1,900 | −$100 (-5.3%) |
| 3BR | $2,400 | $2,250 | +$150 (+6.7%) |
| 3BR | $2,650 | $2,250 | +$400 (+17.8%) |
| 4BR | $3,595 | $2,650 | +$945 (+35.7%) |
| 4BR | $3,595 | $2,650 | +$945 (+35.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2024.