Monthly Rent Report
Irving Park Rent Report — April 2023
Asking rents in ZIP 60641, Chicago, from 531 listings.
Median 1BR rent in Irving Park was $1,243 in April 2023, down 2.5% (−$32) from March 2023 and up 6.4% year-over-year. The middle half of 1BR listings asked between $1,188 and $1,301. That puts Irving Park $183 below the Chicago citywide 1BR median of $1,425. The month's figures are based on 531 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,100 | +$28 (+2.6%) | +$150 (+15.8%) | $1,025 – $1,445 | 33 |
| Studio | $1,050 | −$22 (-2.1%) | +$100 (+10.5%) | $1,050 – $1,050 | 4 |
| 1BR | $1,243 | −$32 (-2.5%) | +$75 (+6.4%) | $1,188 – $1,301 | 4 |
| 1BR | $1,250 | −$25 (-2.0%) | +$83 (+7.1%) | $1,175 – $1,350 | 145 |
| 2BR | $1,600 | +$50 (+3.2%) | +$405 (+33.9%) | $1,400 – $1,900 | 159 |
| 2BR | $1,250 | −$300 (-19.4%) | +$55 (+4.6%) | $1,250 – $1,575 | 3 |
| 3BR | $1,850 | −$1,350 (-42.2%) | −$175 (-8.6%) | $1,850 – $1,850 | 1 |
| 3BR | $2,400 | −$800 (-25.0%) | +$375 (+18.5%) | $2,000 – $3,500 | 98 |
| 4BR | $2,433 | $0 (0.0%) | −$1,467 (-37.6%) | $2,433 – $2,500 | 23 |
| 4BR | $2,433 | $0 (0.0%) | −$1,467 (-37.6%) | $2,433 – $2,500 | 23 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Irving Park vs. Chicago — April 2023
| Bedrooms | Irving Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,100 | $1,195 | −$95 (-7.9%) |
| Studio | $1,050 | $1,195 | −$145 (-12.1%) |
| 1BR | $1,243 | $1,425 | −$182 (-12.8%) |
| 1BR | $1,250 | $1,425 | −$175 (-12.3%) |
| 2BR | $1,600 | $1,725 | −$125 (-7.2%) |
| 2BR | $1,250 | $1,725 | −$475 (-27.5%) |
| 3BR | $1,850 | $2,300 | −$450 (-19.6%) |
| 3BR | $2,400 | $2,300 | +$100 (+4.3%) |
| 4BR | $2,433 | $2,597 | −$164 (-6.3%) |
| 4BR | $2,433 | $2,597 | −$164 (-6.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2023.