Monthly Rent Report
Humboldt Park Rent Report — September 2023
Asking rents in ZIP 60651, Chicago, from 30 listings.
Median 1BR rent in Humboldt Park was $1,185 in September 2023, up 3.0% (+$35) from August 2023 and up 8.2% year-over-year. The middle half of 1BR listings asked between $1,180 and $1,190. That puts Humboldt Park $265 below the Chicago citywide 1BR median of $1,450. The month's figures are based on 30 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $950 | +$200 (+26.7%) | +$65 (+7.3%) | $950 – $950 | 1 |
| 1BR | $1,185 | +$35 (+3.0%) | +$90 (+8.2%) | $1,180 – $1,190 | 2 |
| 1BR | $1,200 | +$50 (+4.3%) | +$105 (+9.6%) | $1,200 – $1,200 | 2 |
| 2BR | $1,550 | +$300 (+24.0%) | −$297 (-16.1%) | $1,550 – $1,600 | 5 |
| 2BR | $1,150 | −$100 (-8.0%) | −$697 (-37.8%) | $1,073 – $1,350 | 3 |
| 3BR | $1,600 | −$200 (-11.1%) | −$200 (-11.1%) | $1,550 – $1,600 | 8 |
| 3BR | $1,850 | +$50 (+2.8%) | +$50 (+2.8%) | $1,700 – $2,169 | 4 |
| 4BR | $2,423 | −$1,077 (-30.8%) | +$523 (+27.5%) | $1,871 – $3,088 | 4 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Humboldt Park vs. Chicago — September 2023
| Bedrooms | Humboldt Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $950 | $1,238 | −$287 (-23.2%) |
| 1BR | $1,185 | $1,450 | −$265 (-18.3%) |
| 1BR | $1,200 | $1,450 | −$250 (-17.2%) |
| 2BR | $1,550 | $1,738 | −$187 (-10.8%) |
| 2BR | $1,150 | $1,738 | −$587 (-33.8%) |
| 3BR | $1,600 | $2,327 | −$727 (-31.2%) |
| 3BR | $1,850 | $2,327 | −$477 (-20.5%) |
| 4BR | $2,423 | $2,783 | −$360 (-13.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2023.