Monthly Rent Report
Humboldt Park Rent Report — July 2023
Asking rents in ZIP 60651, Chicago, from 106 listings.
Median 1BR rent in Humboldt Park was $1,295 in July 2023, up 10.4% (+$123) from June 2023 and up 18.3% year-over-year. The middle half of 1BR listings asked between $1,200 and $1,495. That puts Humboldt Park $155 below the Chicago citywide 1BR median of $1,450. The month's figures are based on 106 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $700 | $0 (0.0%) | −$397 (-36.2%) | $700 – $708 | 3 |
| Studio | $950 | +$250 (+35.7%) | −$147 (-13.4%) | $950 – $950 | 1 |
| 1BR | $1,295 | +$123 (+10.4%) | +$200 (+18.3%) | $1,200 – $1,495 | 21 |
| 1BR | $3,500 | +$2,328 (+198.5%) | +$2,405 (+219.6%) | $3,500 – $3,500 | 1 |
| 2BR | $1,350 | +$200 (+17.4%) | $0 (0.0%) | $1,200 – $1,563 | 31 |
| 2BR | $1,450 | +$300 (+26.1%) | +$100 (+7.4%) | $1,411 – $1,600 | 8 |
| 3BR | $2,325 | +$525 (+29.2%) | +$682 (+41.5%) | $2,113 – $2,538 | 2 |
| 3BR | $1,750 | −$50 (-2.8%) | +$107 (+6.5%) | $1,588 – $1,795 | 24 |
| 4BR | $1,995 | −$200 (-9.1%) | −$605 (-23.3%) | $1,995 – $1,995 | 1 |
| 4BR | $2,195 | $0 (0.0%) | −$405 (-15.6%) | $1,899 – $2,195 | 10 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Humboldt Park vs. Chicago — July 2023
| Bedrooms | Humboldt Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $700 | $1,200 | −$500 (-41.7%) |
| Studio | $950 | $1,200 | −$250 (-20.8%) |
| 1BR | $1,295 | $1,450 | −$155 (-10.7%) |
| 1BR | $3,500 | $1,450 | +$2,050 (+141.4%) |
| 2BR | $1,350 | $1,795 | −$445 (-24.8%) |
| 2BR | $1,450 | $1,795 | −$345 (-19.2%) |
| 3BR | $2,325 | $2,273 | +$53 (+2.3%) |
| 3BR | $1,750 | $2,273 | −$522 (-23.0%) |
| 4BR | $1,995 | $2,709 | −$713 (-26.3%) |
| 4BR | $2,195 | $2,709 | −$513 (-19.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2023.