Monthly Rent Report
Humboldt Park Rent Report — May 2024
Asking rents in ZIP 60651, Chicago, from 302 listings.
Median 1BR rent in Humboldt Park was $1,263 in May 2024, up 9.8% (+$113) from April 2024 and down 2.5% year-over-year. The middle half of 1BR listings asked between $1,113 and $1,517. That puts Humboldt Park $240 below the Chicago citywide 1BR median of $1,503. The month's figures are based on 302 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,050 | +$200 (+23.5%) | — | $950 – $1,325 | 3 |
| Studio | $1,150 | +$300 (+35.3%) | — | $1,150 – $1,150 | 1 |
| 1BR | $1,263 | +$113 (+9.8%) | −$32 (-2.5%) | $1,113 – $1,517 | 26 |
| 1BR | $1,100 | −$50 (-4.3%) | −$195 (-15.1%) | $1,100 – $1,100 | 1 |
| 2BR | $1,725 | +$588 (+51.6%) | +$375 (+27.8%) | $1,388 – $2,063 | 2 |
| 2BR | $1,625 | +$488 (+42.9%) | +$275 (+20.4%) | $1,500 – $1,900 | 143 |
| 3BR | $1,883 | −$392 (-17.3%) | +$88 (+4.9%) | $1,675 – $2,325 | 80 |
| 3BR | $2,175 | −$100 (-4.4%) | +$380 (+21.2%) | $2,013 – $2,338 | 2 |
| 4BR | $2,100 | $0 (0.0%) | −$95 (-4.3%) | $1,795 – $3,000 | 34 |
| 4BR | $2,400 | +$300 (+14.3%) | +$205 (+9.3%) | $2,400 – $2,500 | 5 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Humboldt Park vs. Chicago — May 2024
| Bedrooms | Humboldt Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,050 | $1,196 | −$146 (-12.2%) |
| Studio | $1,150 | $1,196 | −$46 (-3.8%) |
| 1BR | $1,263 | $1,503 | −$240 (-16.0%) |
| 1BR | $1,100 | $1,503 | −$402 (-26.8%) |
| 2BR | $1,725 | $1,825 | −$100 (-5.5%) |
| 2BR | $1,625 | $1,825 | −$200 (-11.0%) |
| 3BR | $1,883 | $2,236 | −$353 (-15.8%) |
| 3BR | $2,175 | $2,236 | −$61 (-2.7%) |
| 4BR | $2,100 | $2,725 | −$625 (-22.9%) |
| 4BR | $2,400 | $2,725 | −$325 (-11.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2024.