Monthly Rent Report
Avondale Rent Report — September 2024
Asking rents in ZIP 60618, Chicago, from 32 listings.
Median 1BR rent in Avondale was $1,900 in September 2024, up 20.6% (+$325) from August 2024 and up 31.0% year-over-year. The middle half of 1BR listings asked between $1,900 and $1,900. That puts Avondale $405 above the Chicago citywide 1BR median of $1,495. The month's figures are based on 32 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,450 | +$170 (+13.3%) | +$315 (+27.8%) | $1,450 – $1,450 | 1 |
| 1BR | $1,900 | +$325 (+20.6%) | +$450 (+31.0%) | $1,900 – $1,900 | 1 |
| 1BR | $860 | −$715 (-45.4%) | −$590 (-40.7%) | $830 – $860 | 9 |
| 2BR | $1,613 | +$113 (+7.5%) | −$1,212 (-42.9%) | $1,569 – $1,656 | 2 |
| 2BR | $1,700 | +$200 (+13.3%) | −$1,125 (-39.8%) | $1,595 – $1,700 | 12 |
| 3BR | $2,500 | −$795 (-24.1%) | +$25 (+1.0%) | $2,498 – $2,500 | 3 |
| 3BR | $2,018 | −$1,277 (-38.8%) | −$457 (-18.5%) | $1,801 – $2,234 | 2 |
| 4BR | $2,200 | −$3,300 (-60.0%) | −$1,922 (-46.6%) | $2,200 – $2,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Avondale vs. Chicago — September 2024
| Bedrooms | Avondale Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,450 | $1,195 | +$255 (+21.3%) |
| 1BR | $1,900 | $1,495 | +$405 (+27.1%) |
| 1BR | $860 | $1,495 | −$635 (-42.5%) |
| 2BR | $1,613 | $1,843 | −$230 (-12.5%) |
| 2BR | $1,700 | $1,843 | −$142 (-7.7%) |
| 3BR | $2,500 | $2,350 | +$150 (+6.4%) |
| 3BR | $2,018 | $2,350 | −$332 (-14.1%) |
| 4BR | $2,200 | $2,750 | −$550 (-20.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2024.