Monthly Rent Report
Irving Park Rent Report — February 2023
Asking rents in ZIP 60641, Chicago, from 371 listings.
Median 1BR rent in Irving Park was $1,200 in February 2023, down 4.0% (−$50) from January 2023 and up 4.3% year-over-year. The middle half of 1BR listings asked between $1,170 and $1,400. That puts Irving Park $200 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 371 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,100 | +$150 (+15.8%) | +$105 (+10.6%) | $1,100 – $1,100 | 7 |
| Studio | $1,025 | +$75 (+7.9%) | +$30 (+3.0%) | $950 – $1,095 | 21 |
| 1BR | $1,200 | −$50 (-4.0%) | +$50 (+4.3%) | $1,170 – $1,400 | 47 |
| 1BR | $900 | −$350 (-28.0%) | −$250 (-21.7%) | $900 – $900 | 1 |
| 2BR | $1,500 | −$25 (-1.6%) | +$190 (+14.5%) | $1,400 – $1,795 | 137 |
| 2BR | $1,550 | +$25 (+1.6%) | +$240 (+18.3%) | $1,425 – $1,950 | 3 |
| 3BR | $3,500 | +$1,601 (+84.3%) | +$1,950 (+125.8%) | $2,075 – $4,200 | 63 |
| 3BR | $1,950 | +$51 (+2.7%) | +$400 (+25.8%) | $1,950 – $1,950 | 2 |
| 4BR | $2,433 | $0 (0.0%) | +$248 (+11.4%) | $2,433 – $2,500 | 36 |
| 4BR | $2,433 | $0 (0.0%) | +$248 (+11.4%) | $2,433 – $2,500 | 27 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Irving Park vs. Chicago — February 2023
| Bedrooms | Irving Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,100 | $1,149 | −$49 (-4.2%) |
| Studio | $1,025 | $1,149 | −$124 (-10.8%) |
| 1BR | $1,200 | $1,400 | −$200 (-14.3%) |
| 1BR | $900 | $1,400 | −$500 (-35.7%) |
| 2BR | $1,500 | $1,695 | −$195 (-11.5%) |
| 2BR | $1,550 | $1,695 | −$145 (-8.6%) |
| 3BR | $3,500 | $2,188 | +$1,313 (+60.0%) |
| 3BR | $1,950 | $2,188 | −$237 (-10.9%) |
| 4BR | $2,433 | $2,393 | +$41 (+1.7%) |
| 4BR | $2,433 | $2,393 | +$41 (+1.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2023.