Monthly Rent Report
Humboldt Park Rent Report — February 2023
Asking rents in ZIP 60651, Chicago, from 284 listings.
Median 1BR rent in Humboldt Park was $963 in February 2023, down 28.7% (−$387) from January 2023 and down 19.5% year-over-year. The middle half of 1BR listings asked between $850 and $1,075. That puts Humboldt Park $438 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 284 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $920 | −$30 (-3.2%) | — | $920 – $920 | 1 |
| 1BR | $963 | −$387 (-28.7%) | −$232 (-19.5%) | $850 – $1,075 | 36 |
| 1BR | $1,150 | −$200 (-14.8%) | −$45 (-3.8%) | $1,150 – $1,150 | 1 |
| 2BR | $1,275 | +$75 (+6.3%) | −$125 (-8.9%) | $1,200 – $1,400 | 161 |
| 2BR | $1,195 | −$5 (-0.4%) | −$205 (-14.6%) | $1,195 – $1,195 | 1 |
| 3BR | $1,550 | −$45 (-2.8%) | −$25 (-1.6%) | $1,497 – $1,600 | 67 |
| 3BR | $1,450 | −$145 (-9.1%) | −$125 (-7.9%) | $1,450 – $1,450 | 1 |
| 4BR | $1,995 | +$95 (+5.0%) | −$55 (-2.7%) | $1,995 – $1,995 | 3 |
| 4BR | $1,675 | −$225 (-11.8%) | −$375 (-18.3%) | $1,675 – $1,995 | 9 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Humboldt Park vs. Chicago — February 2023
| Bedrooms | Humboldt Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $920 | $1,149 | −$229 (-19.9%) |
| 1BR | $963 | $1,400 | −$437 (-31.3%) |
| 1BR | $1,150 | $1,400 | −$250 (-17.9%) |
| 2BR | $1,275 | $1,695 | −$420 (-24.8%) |
| 2BR | $1,195 | $1,695 | −$500 (-29.5%) |
| 3BR | $1,550 | $2,188 | −$637 (-29.1%) |
| 3BR | $1,450 | $2,188 | −$737 (-33.7%) |
| 4BR | $1,995 | $2,393 | −$397 (-16.6%) |
| 4BR | $1,675 | $2,393 | −$717 (-30.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2023.