Monthly Rent Report
Humboldt Park Rent Report — May 2023
Asking rents in ZIP 60651, Chicago, from 242 listings.
Median 1BR rent in Humboldt Park was $1,050 in May 2023, flat versus April 2023 and down 4.1% year-over-year. The middle half of 1BR listings asked between $945 and $1,295. That puts Humboldt Park $350 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 242 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,050 | $0 (0.0%) | −$45 (-4.1%) | $945 – $1,295 | 29 |
| 1BR | $1,295 | +$245 (+23.3%) | +$200 (+18.3%) | $1,295 – $1,295 | 2 |
| 2BR | $1,350 | +$15 (+1.1%) | +$303 (+28.9%) | $1,350 – $1,350 | 1 |
| 2BR | $1,350 | +$15 (+1.1%) | +$303 (+28.9%) | $1,200 – $1,495 | 141 |
| 3BR | $1,795 | +$195 (+12.2%) | −$205 (-10.3%) | $1,795 – $1,795 | 1 |
| 3BR | $1,595 | −$5 (-0.3%) | −$405 (-20.3%) | $1,500 – $1,900 | 43 |
| 4BR | $2,195 | +$270 (+14.0%) | −$605 (-21.6%) | $2,195 – $2,195 | 2 |
| 4BR | $1,900 | −$25 (-1.3%) | −$900 (-32.1%) | $1,675 – $3,400 | 13 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Humboldt Park vs. Chicago — May 2023
| Bedrooms | Humboldt Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,050 | $1,400 | −$350 (-25.0%) |
| 1BR | $1,295 | $1,400 | −$105 (-7.5%) |
| 2BR | $1,350 | $1,698 | −$347 (-20.5%) |
| 2BR | $1,350 | $1,698 | −$347 (-20.5%) |
| 3BR | $1,795 | $2,300 | −$505 (-22.0%) |
| 3BR | $1,595 | $2,300 | −$705 (-30.7%) |
| 4BR | $2,195 | $2,548 | −$352 (-13.8%) |
| 4BR | $1,900 | $2,548 | −$647 (-25.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2023.