Monthly Rent Report
Humboldt Park Rent Report — August 2023
Asking rents in ZIP 60651, Chicago, from 37 listings.
Median 1BR rent in Humboldt Park was $1,075 in August 2023, down 69.3% (−$2,425) from July 2023 and down 1.8% year-over-year. The middle half of 1BR listings asked between $1,075 and $1,075. That puts Humboldt Park $445 below the Chicago citywide 1BR median of $1,520. The month's figures are based on 37 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $700 | $0 (0.0%) | −$195 (-21.8%) | $700 – $700 | 1 |
| Studio | $750 | +$50 (+7.1%) | −$145 (-16.2%) | $713 – $1,084 | 6 |
| 1BR | $1,075 | −$2,425 (-69.3%) | −$20 (-1.8%) | $1,075 – $1,075 | 1 |
| 1BR | $1,150 | −$2,350 (-67.1%) | +$55 (+5.0%) | $1,100 – $1,150 | 9 |
| 2BR | $1,250 | −$200 (-13.8%) | $0 (0.0%) | $1,250 – $1,870 | 5 |
| 2BR | $1,700 | +$250 (+17.2%) | +$450 (+36.0%) | $1,450 – $1,725 | 3 |
| 3BR | $1,900 | +$150 (+8.6%) | +$150 (+8.6%) | $1,900 – $1,900 | 3 |
| 3BR | $1,800 | +$50 (+2.9%) | +$50 (+2.9%) | $1,800 – $1,800 | 1 |
| 4BR | $2,395 | +$200 (+9.1%) | +$495 (+26.1%) | $1,800 – $2,800 | 5 |
| 4BR | $3,500 | +$1,305 (+59.5%) | +$1,600 (+84.2%) | $3,500 – $3,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Humboldt Park vs. Chicago — August 2023
| Bedrooms | Humboldt Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $700 | $1,250 | −$550 (-44.0%) |
| Studio | $750 | $1,250 | −$500 (-40.0%) |
| 1BR | $1,075 | $1,520 | −$445 (-29.3%) |
| 1BR | $1,150 | $1,520 | −$370 (-24.3%) |
| 2BR | $1,250 | $1,808 | −$557 (-30.8%) |
| 2BR | $1,700 | $1,808 | −$107 (-5.9%) |
| 3BR | $1,900 | $2,395 | −$495 (-20.7%) |
| 3BR | $1,800 | $2,395 | −$595 (-24.8%) |
| 4BR | $2,395 | $2,692 | −$297 (-11.0%) |
| 4BR | $3,500 | $2,692 | +$808 (+30.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2023.