Monthly Rent Report
Irving Park Rent Report — January 2023
Asking rents in ZIP 60641, Chicago, from 287 listings.
Median 1BR rent in Irving Park was $1,250 in January 2023, up 8.7% (+$100) from December 2022 and up 16.3% year-over-year. The middle half of 1BR listings asked between $1,150 and $1,350. That puts Irving Park $100 below the Chicago citywide 1BR median of $1,350. The month's figures are based on 287 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,100 | +$150 (+15.8%) | +$100 (+10.0%) | $1,100 – $1,100 | 2 |
| Studio | $950 | $0 (0.0%) | −$50 (-5.0%) | $944 – $1,128 | 12 |
| 1BR | $1,250 | +$100 (+8.7%) | +$175 (+16.3%) | $1,150 – $1,350 | 65 |
| 1BR | $1,150 | $0 (0.0%) | +$75 (+7.0%) | $1,150 – $1,150 | 1 |
| 2BR | $1,795 | −$180 (-9.1%) | +$445 (+33.0%) | $1,795 – $1,795 | 1 |
| 2BR | $1,525 | −$450 (-22.8%) | +$175 (+13.0%) | $1,400 – $1,795 | 100 |
| 3BR | $2,500 | +$425 (+20.5%) | +$1,250 (+100.0%) | $1,863 – $4,000 | 30 |
| 3BR | $1,899 | −$176 (-8.5%) | +$649 (+51.9%) | $1,899 – $1,899 | 1 |
| 4BR | $2,433 | −$2,067 (-45.9%) | +$758 (+45.3%) | $2,433 – $2,950 | 28 |
| 4BR | $4,725 | +$225 (+5.0%) | +$3,050 (+182.1%) | $4,725 – $4,725 | 2 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Irving Park vs. Chicago — January 2023
| Bedrooms | Irving Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,100 | $1,061 | +$39 (+3.7%) |
| Studio | $950 | $1,061 | −$111 (-10.5%) |
| 1BR | $1,250 | $1,350 | −$100 (-7.4%) |
| 1BR | $1,150 | $1,350 | −$200 (-14.8%) |
| 2BR | $1,795 | $1,698 | +$98 (+5.7%) |
| 2BR | $1,525 | $1,698 | −$172 (-10.2%) |
| 3BR | $2,500 | $2,123 | +$378 (+17.8%) |
| 3BR | $1,899 | $2,123 | −$223 (-10.5%) |
| 4BR | $2,433 | $2,417 | +$17 (+0.7%) |
| 4BR | $4,725 | $2,417 | +$2,309 (+95.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2023.