Monthly Rent Report
Irving Park Rent Report — July 2023
Asking rents in ZIP 60641, Chicago, from 117 listings.
Median 1BR rent in Irving Park was $1,295 in July 2023, up 3.6% (+$45) from June 2023 and up 19.9% year-over-year. The middle half of 1BR listings asked between $1,191 and $1,350. That puts Irving Park $155 below the Chicago citywide 1BR median of $1,450. The month's figures are based on 117 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,050 | $0 (0.0%) | $0 (0.0%) | $1,025 – $1,150 | 22 |
| Studio | $1,150 | +$100 (+9.5%) | +$100 (+9.5%) | $1,050 – $1,150 | 9 |
| 1BR | $1,295 | +$45 (+3.6%) | +$215 (+19.9%) | $1,191 – $1,350 | 23 |
| 1BR | $1,275 | +$25 (+2.0%) | +$195 (+18.1%) | $1,275 – $1,275 | 1 |
| 2BR | $1,650 | +$50 (+3.1%) | −$950 (-36.5%) | $1,650 – $1,650 | 1 |
| 2BR | $1,495 | −$105 (-6.6%) | −$1,105 (-42.5%) | $1,465 – $2,025 | 35 |
| 3BR | $2,050 | −$745 (-26.7%) | −$525 (-20.4%) | $1,725 – $2,445 | 11 |
| 3BR | $1,800 | −$995 (-35.6%) | −$775 (-30.1%) | $1,800 – $1,800 | 1 |
| 4BR | $3,545 | +$1,112 (+45.7%) | +$145 (+4.3%) | $3,068 – $4,023 | 2 |
| 4BR | $2,433 | $0 (0.0%) | −$967 (-28.4%) | $2,433 – $2,433 | 5 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Irving Park vs. Chicago — July 2023
| Bedrooms | Irving Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,050 | $1,200 | −$150 (-12.5%) |
| Studio | $1,150 | $1,200 | −$50 (-4.2%) |
| 1BR | $1,295 | $1,450 | −$155 (-10.7%) |
| 1BR | $1,275 | $1,450 | −$175 (-12.1%) |
| 2BR | $1,650 | $1,795 | −$145 (-8.1%) |
| 2BR | $1,495 | $1,795 | −$300 (-16.7%) |
| 3BR | $2,050 | $2,273 | −$222 (-9.8%) |
| 3BR | $1,800 | $2,273 | −$472 (-20.8%) |
| 4BR | $3,545 | $2,709 | +$837 (+30.9%) |
| 4BR | $2,433 | $2,709 | −$275 (-10.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2023.