Monthly Rent Report
Avondale Rent Report — April 2024
Asking rents in ZIP 60618, Chicago, from 885 listings.
Median 1BR rent in Avondale was $1,395 in April 2024, down 10.0% (−$155) from March 2024 and up 1.5% year-over-year. The middle half of 1BR listings asked between $1,375 and $1,461. That puts Avondale $105 below the Chicago citywide 1BR median of $1,500. The month's figures are based on 885 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,225 | +$130 (+11.9%) | +$330 (+36.9%) | $1,195 – $1,450 | 14 |
| Studio | $1,125 | +$30 (+2.7%) | +$230 (+25.7%) | $1,125 – $1,125 | 1 |
| 1BR | $1,395 | −$155 (-10.0%) | +$20 (+1.5%) | $1,375 – $1,461 | 8 |
| 1BR | $1,498 | −$52 (-3.4%) | +$123 (+8.9%) | $1,400 – $1,695 | 240 |
| 2BR | $2,348 | +$548 (+30.4%) | +$523 (+28.6%) | $2,321 – $2,374 | 2 |
| 2BR | $1,900 | +$100 (+5.6%) | +$75 (+4.1%) | $1,695 – $2,250 | 430 |
| 3BR | $2,600 | −$50 (-1.9%) | +$60 (+2.4%) | $2,200 – $3,050 | 181 |
| 3BR | $2,800 | +$150 (+5.7%) | +$260 (+10.2%) | $2,800 – $2,800 | 1 |
| 4BR | $2,100 | −$1,495 (-41.6%) | −$900 (-30.0%) | $2,100 – $2,100 | 1 |
| 4BR | $3,895 | +$300 (+8.3%) | +$895 (+29.8%) | $3,895 – $3,895 | 1 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
Avondale vs. Chicago — April 2024
| Bedrooms | Avondale Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,225 | $1,222 | +$3 (+0.2%) |
| Studio | $1,125 | $1,222 | −$97 (-7.9%) |
| 1BR | $1,395 | $1,500 | −$105 (-7.0%) |
| 1BR | $1,498 | $1,500 | −$2 (-0.2%) |
| 2BR | $2,348 | $1,850 | +$498 (+26.9%) |
| 2BR | $1,900 | $1,850 | +$50 (+2.7%) |
| 3BR | $2,600 | $2,300 | +$300 (+13.0%) |
| 3BR | $2,800 | $2,300 | +$500 (+21.7%) |
| 4BR | $2,100 | $2,800 | −$700 (-25.0%) |
| 4BR | $3,895 | $2,800 | +$1,095 (+39.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2024.