Monthly Rent Report
Irving Park Rent Report — December 2022
Asking rents in ZIP 60641, Chicago, from 172 listings.
Median 1BR rent in Irving Park was $1,150 in December 2022, up 15.0% (+$150) from November 2022 and up 17.9% year-over-year. The middle half of 1BR listings asked between $1,100 and $1,250. That puts Irving Park $195 below the Chicago citywide 1BR median of $1,345. The month's figures are based on 172 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. December 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $950 | +$50 (+5.6%) | +$61 (+6.9%) | $950 – $950 | 3 |
| Studio | $925 | +$25 (+2.8%) | +$36 (+4.0%) | $925 – $938 | 3 |
| 1BR | $1,150 | +$150 (+15.0%) | +$175 (+17.9%) | $1,100 – $1,250 | 7 |
| 1BR | $1,150 | +$150 (+15.0%) | +$175 (+17.9%) | $1,100 – $1,250 | 34 |
| 2BR | $1,500 | −$900 (-37.5%) | −$75 (-4.8%) | $1,397 – $1,975 | 47 |
| 2BR | $1,975 | −$425 (-17.7%) | +$400 (+25.4%) | $1,600 – $2,350 | 6 |
| 3BR | $2,900 | −$21 (-0.7%) | +$1,650 (+132.0%) | $1,300 – $2,900 | 5 |
| 3BR | $2,075 | −$846 (-29.0%) | +$825 (+66.0%) | $1,850 – $2,300 | 48 |
| 4BR | $4,500 | +$2,067 (+85.0%) | +$3,025 (+205.1%) | $4,500 – $4,500 | 1 |
| 4BR | $4,500 | +$2,067 (+85.0%) | +$3,025 (+205.1%) | $3,467 – $5,000 | 3 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
Irving Park vs. Chicago — December 2022
| Bedrooms | Irving Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $950 | $1,050 | −$100 (-9.5%) |
| Studio | $925 | $1,050 | −$125 (-11.9%) |
| 1BR | $1,150 | $1,345 | −$195 (-14.5%) |
| 1BR | $1,150 | $1,345 | −$195 (-14.5%) |
| 2BR | $1,500 | $1,675 | −$175 (-10.4%) |
| 2BR | $1,975 | $1,675 | +$300 (+17.9%) |
| 3BR | $2,900 | $2,181 | +$719 (+33.0%) |
| 3BR | $2,075 | $2,181 | −$106 (-4.9%) |
| 4BR | $4,500 | $2,589 | +$1,911 (+73.8%) |
| 4BR | $4,500 | $2,589 | +$1,911 (+73.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2022.