Monthly Rent Report
Irving Park Rent Report — December 2023
Asking rents in ZIP 60641, Chicago, from 164 listings.
Median 1BR rent in Irving Park was $1,200 in December 2023, down 7.7% (−$100) from November 2023 and up 4.3% year-over-year. The middle half of 1BR listings asked between $1,200 and $1,200. That puts Irving Park $255 below the Chicago citywide 1BR median of $1,455. The month's figures are based on 164 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,676 | +$676 (+67.6%) | +$726 (+76.4%) | $1,617 – $1,767 | 42 |
| Studio | $1,773 | +$773 (+77.3%) | +$823 (+86.6%) | $1,773 – $1,773 | 3 |
| 1BR | $1,200 | −$100 (-7.7%) | +$50 (+4.3%) | $1,200 – $1,200 | 2 |
| 1BR | $1,300 | $0 (0.0%) | +$150 (+13.0%) | $1,300 – $1,300 | 5 |
| 2BR | $1,800 | +$50 (+2.9%) | +$300 (+20.0%) | $1,781 – $1,838 | 4 |
| 2BR | $1,679 | −$71 (-4.1%) | +$179 (+11.9%) | $1,625 – $1,793 | 7 |
| 3BR | $2,300 | +$300 (+15.0%) | +$225 (+10.8%) | $1,795 – $2,375 | 14 |
| 3BR | $2,000 | $0 (0.0%) | −$75 (-3.6%) | $2,000 – $2,000 | 1 |
| 4BR | $2,433 | $0 (0.0%) | −$2,067 (-45.9%) | $2,433 – $2,995 | 38 |
| 4BR | $2,995 | +$562 (+23.1%) | −$1,505 (-33.4%) | $2,433 – $3,250 | 15 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Irving Park vs. Chicago — December 2023
| Bedrooms | Irving Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,676 | $1,218 | +$459 (+37.7%) |
| Studio | $1,773 | $1,218 | +$556 (+45.6%) |
| 1BR | $1,200 | $1,455 | −$255 (-17.5%) |
| 1BR | $1,300 | $1,455 | −$155 (-10.7%) |
| 2BR | $1,800 | $1,800 | $0 (0.0%) |
| 2BR | $1,679 | $1,800 | −$121 (-6.7%) |
| 3BR | $2,300 | $2,472 | −$172 (-7.0%) |
| 3BR | $2,000 | $2,472 | −$472 (-19.1%) |
| 4BR | $2,433 | $2,630 | −$197 (-7.5%) |
| 4BR | $2,995 | $2,630 | +$365 (+13.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2023.