Monthly Rent Report
Irving Park Rent Report — October 2022
Asking rents in ZIP 60641, Chicago, from 149 listings.
Median 1BR rent in Irving Park was $1,275 in October 2022, up 5.2% (+$63) from September 2022 and up 15.9% year-over-year. The middle half of 1BR listings asked between $1,250 and $1,300. That puts Irving Park $43 below the Chicago citywide 1BR median of $1,318. The month's figures are based on 149 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. October 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $900 | −$75 (-7.7%) | +$75 (+9.1%) | $900 – $913 | 3 |
| Studio | $975 | $0 (0.0%) | +$150 (+18.2%) | $919 – $975 | 6 |
| 1BR | $1,275 | +$63 (+5.2%) | +$175 (+15.9%) | $1,250 – $1,300 | 9 |
| 1BR | $1,223 | +$10 (+0.8%) | +$123 (+11.1%) | $1,146 – $1,250 | 4 |
| 2BR | $1,325 | −$75 (-5.4%) | +$25 (+1.9%) | $1,263 – $1,388 | 2 |
| 2BR | $1,450 | +$50 (+3.6%) | +$150 (+11.5%) | $1,450 – $1,625 | 7 |
| 3BR | $3,200 | −$800 (-20.0%) | +$700 (+28.0%) | $2,100 – $3,350 | 7 |
| 3BR | $1,800 | −$2,200 (-55.0%) | −$700 (-28.0%) | $1,800 – $1,800 | 1 |
| 4BR | $2,433 | −$267 (-9.9%) | −$167 (-6.4%) | $2,433 – $2,490 | 51 |
| 4BR | $2,445 | −$255 (-9.4%) | −$155 (-6.0%) | $2,433 – $2,545 | 34 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
Irving Park vs. Chicago — October 2022
| Bedrooms | Irving Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $900 | $1,050 | −$150 (-14.3%) |
| Studio | $975 | $1,050 | −$75 (-7.1%) |
| 1BR | $1,275 | $1,318 | −$42 (-3.2%) |
| 1BR | $1,223 | $1,318 | −$95 (-7.2%) |
| 2BR | $1,325 | $1,700 | −$375 (-22.1%) |
| 2BR | $1,450 | $1,700 | −$250 (-14.7%) |
| 3BR | $3,200 | $2,190 | +$1,010 (+46.1%) |
| 3BR | $1,800 | $2,190 | −$390 (-17.8%) |
| 4BR | $2,433 | $2,478 | −$44 (-1.8%) |
| 4BR | $2,445 | $2,478 | −$32 (-1.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2022.