Monthly Rent Report

Avondale Rent Report — October 2024

Asking rents in ZIP 60618, Chicago, from 83 listings.

Median 1BR rent in Avondale was $1,515 in October 2024, down 20.3% (−$385) from September 2024 and down 31.1% year-over-year. The middle half of 1BR listings asked between $1,515 and $1,515. That puts Avondale $79 above the Chicago citywide 1BR median of $1,437. The month's figures are based on 83 listings across 11 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. September 2024Vs. October 2023P25–P75 RangeListings
Studio$1,245−$205 (-14.1%)−$105 (-7.8%)$1,245 – $1,2451
Studio$1,245−$205 (-14.1%)−$105 (-7.8%)$1,245 – $1,2451
1BR$1,515−$385 (-20.3%)−$685 (-31.1%)$1,515 – $1,5151
1BR$1,250−$650 (-34.2%)−$950 (-43.2%)$1,213 – $1,25016
2BR$1,800+$100 (+5.9%)+$1 (+0.1%)$1,661 – $1,95038
2BR$2,100+$400 (+23.5%)+$301 (+16.7%)$1,900 – $2,3002
3BR$2,350−$150 (-6.0%)−$325 (-12.1%)$2,225 – $2,4752
3BR$2,500$0 (0.0%)−$175 (-6.5%)$2,150 – $3,29519
4BR$2,200$0 (0.0%)−$1,050 (-32.3%)$2,200 – $2,2001
4BR$3,200+$1,000 (+45.5%)−$50 (-1.5%)$3,200 – $3,2001

Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.

Avondale vs. ChicagoOctober 2024

BedroomsAvondale MedianChicago Citywide MedianDifference
Studio$1,245$1,298−$52 (-4.0%)
Studio$1,245$1,298−$52 (-4.0%)
1BR$1,515$1,437+$79 (+5.5%)
1BR$1,250$1,437−$186 (-13.0%)
2BR$1,800$1,770+$31 (+1.7%)
2BR$2,100$1,770+$331 (+18.7%)
3BR$2,350$2,305+$45 (+2.0%)
3BR$2,500$2,305+$195 (+8.5%)
4BR$2,200$2,995−$795 (-26.5%)
4BR$3,200$2,995+$205 (+6.8%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2024.

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