Monthly Rent Report
Avondale Rent Report — June 2024
Asking rents in ZIP 60618, Chicago, from 774 listings.
Median 1BR rent in Avondale was $995 in June 2024, down 33.7% (−$505) from May 2024 and down 28.9% year-over-year. The middle half of 1BR listings asked between $995 and $995. That puts Avondale $504 below the Chicago citywide 1BR median of $1,499. The month's figures are based on 774 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $760 | −$490 (-39.2%) | −$565 (-42.6%) | $760 – $760 | 2 |
| Studio | $760 | −$490 (-39.2%) | −$565 (-42.6%) | $760 – $760 | 2 |
| 1BR | $995 | −$505 (-33.7%) | −$405 (-28.9%) | $995 – $995 | 5 |
| 1BR | $1,675 | +$175 (+11.7%) | +$275 (+19.6%) | $1,506 – $1,800 | 4 |
| 2BR | $3,000 | +$1,050 (+53.8%) | +$1,050 (+53.8%) | $3,000 – $3,000 | 1 |
| 2BR | $2,000 | +$50 (+2.6%) | +$50 (+2.6%) | $1,800 – $2,369 | 694 |
| 3BR | $2,500 | −$200 (-7.4%) | −$1,295 (-34.1%) | $2,500 – $2,500 | 1 |
| 3BR | $1,850 | −$850 (-31.5%) | −$1,945 (-51.3%) | $1,850 – $1,850 | 1 |
| 4BR | $3,863 | +$563 (+17.0%) | +$1,363 (+54.5%) | $3,300 – $4,950 | 52 |
| 4BR | $3,200 | −$100 (-3.0%) | +$700 (+28.0%) | $3,200 – $3,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Avondale vs. Chicago — June 2024
| Bedrooms | Avondale Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $760 | $1,149 | −$389 (-33.9%) |
| Studio | $760 | $1,149 | −$389 (-33.9%) |
| 1BR | $995 | $1,499 | −$504 (-33.6%) |
| 1BR | $1,675 | $1,499 | +$176 (+11.8%) |
| 2BR | $3,000 | $1,899 | +$1,101 (+58.0%) |
| 2BR | $2,000 | $1,899 | +$101 (+5.3%) |
| 3BR | $2,500 | $2,395 | +$105 (+4.4%) |
| 3BR | $1,850 | $2,395 | −$545 (-22.8%) |
| 4BR | $3,863 | $2,698 | +$1,165 (+43.2%) |
| 4BR | $3,200 | $2,698 | +$503 (+18.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2024.