Monthly Rent Report
Irving Park Rent Report — March 2023
Asking rents in ZIP 60641, Chicago, from 476 listings.
Median 1BR rent in Irving Park was $1,275 in March 2023, up 6.3% (+$75) from February 2023 and up 13.3% year-over-year. The middle half of 1BR listings asked between $1,275 and $1,275. That puts Irving Park $121 below the Chicago citywide 1BR median of $1,396. The month's figures are based on 476 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,073 | −$27 (-2.5%) | +$164 (+18.0%) | $1,025 – $1,384 | 26 |
| Studio | $1,100 | $0 (0.0%) | +$191 (+21.0%) | $1,088 – $1,100 | 4 |
| 1BR | $1,275 | +$75 (+6.3%) | +$150 (+13.3%) | $1,275 – $1,275 | 1 |
| 1BR | $1,263 | +$63 (+5.2%) | +$138 (+12.2%) | $1,135 – $1,350 | 90 |
| 2BR | $1,475 | −$25 (-1.7%) | −$212 (-12.6%) | $1,400 – $1,650 | 5 |
| 2BR | $1,550 | +$50 (+3.3%) | −$137 (-8.1%) | $1,400 – $1,875 | 178 |
| 3BR | $3,200 | −$300 (-8.6%) | +$1,650 (+106.5%) | $2,113 – $3,700 | 98 |
| 3BR | $2,198 | −$1,302 (-37.2%) | +$648 (+41.8%) | $1,896 – $2,499 | 2 |
| 4BR | $4,200 | +$1,767 (+72.6%) | +$2,015 (+92.2%) | $4,200 – $4,200 | 1 |
| 4BR | $2,433 | $0 (0.0%) | +$248 (+11.4%) | $2,433 – $2,500 | 38 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Irving Park vs. Chicago — March 2023
| Bedrooms | Irving Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,073 | $1,204 | −$131 (-10.9%) |
| Studio | $1,100 | $1,204 | −$104 (-8.6%) |
| 1BR | $1,275 | $1,396 | −$121 (-8.7%) |
| 1BR | $1,263 | $1,396 | −$134 (-9.6%) |
| 2BR | $1,475 | $1,698 | −$222 (-13.1%) |
| 2BR | $1,550 | $1,698 | −$147 (-8.7%) |
| 3BR | $3,200 | $2,200 | +$1,000 (+45.5%) |
| 3BR | $2,198 | $2,200 | −$2 (-0.1%) |
| 4BR | $4,200 | $2,444 | +$1,756 (+71.8%) |
| 4BR | $2,433 | $2,444 | −$11 (-0.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2023.