Monthly Rent Report
Humboldt Park Rent Report — March 2023
Asking rents in ZIP 60651, Chicago, from 253 listings.
Median 1BR rent in Humboldt Park was $1,050 in March 2023, up 9.1% (+$88) from February 2023 and down 4.1% year-over-year. The middle half of 1BR listings asked between $1,050 and $1,050. That puts Humboldt Park $346 below the Chicago citywide 1BR median of $1,396. The month's figures are based on 253 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,390 | +$470 (+51.1%) | +$495 (+55.3%) | $1,390 – $1,390 | 1 |
| 1BR | $1,050 | +$88 (+9.1%) | −$45 (-4.1%) | $1,050 – $1,050 | 1 |
| 1BR | $970 | +$8 (+0.8%) | −$125 (-11.4%) | $813 – $1,050 | 23 |
| 2BR | $1,300 | +$105 (+8.8%) | +$105 (+8.8%) | $1,100 – $1,550 | 155 |
| 2BR | $1,595 | +$400 (+33.5%) | +$400 (+33.5%) | $1,595 – $1,595 | 1 |
| 3BR | $1,595 | +$45 (+2.9%) | +$95 (+6.3%) | $1,450 – $1,600 | 42 |
| 3BR | $2,100 | +$550 (+35.5%) | +$600 (+40.0%) | $2,100 – $2,100 | 1 |
| 4BR | $1,900 | +$225 (+13.4%) | −$100 (-5.0%) | $1,875 – $1,925 | 2 |
| 4BR | $2,048 | +$373 (+22.2%) | +$48 (+2.4%) | $1,675 – $2,300 | 18 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Humboldt Park vs. Chicago — March 2023
| Bedrooms | Humboldt Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,390 | $1,204 | +$186 (+15.5%) |
| 1BR | $1,050 | $1,396 | −$346 (-24.8%) |
| 1BR | $970 | $1,396 | −$426 (-30.5%) |
| 2BR | $1,300 | $1,698 | −$397 (-23.4%) |
| 2BR | $1,595 | $1,698 | −$102 (-6.0%) |
| 3BR | $1,595 | $2,200 | −$605 (-27.5%) |
| 3BR | $2,100 | $2,200 | −$100 (-4.5%) |
| 4BR | $1,900 | $2,444 | −$544 (-22.3%) |
| 4BR | $2,048 | $2,444 | −$396 (-16.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2023.