Monthly Rent Report
Irving Park Rent Report — January 2024
Asking rents in ZIP 60641, Chicago, from 190 listings.
Median 1BR rent in Irving Park was $900 in January 2024, down 25.0% (−$300) from December 2023 and down 28.0% year-over-year. The middle half of 1BR listings asked between $900 and $900. That puts Irving Park $617 below the Chicago citywide 1BR median of $1,517. The month's figures are based on 190 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,150 | −$526 (-31.4%) | +$50 (+4.5%) | $1,075 – $1,163 | 16 |
| Studio | $895 | −$781 (-46.6%) | −$205 (-18.6%) | $895 – $895 | 2 |
| 1BR | $900 | −$300 (-25.0%) | −$350 (-28.0%) | $900 – $900 | 1 |
| 1BR | $1,300 | +$100 (+8.3%) | +$50 (+4.0%) | $1,100 – $1,313 | 20 |
| 2BR | $1,700 | −$100 (-5.6%) | −$95 (-5.3%) | $1,550 – $1,938 | 87 |
| 2BR | $2,000 | +$200 (+11.1%) | +$205 (+11.4%) | $2,000 – $2,000 | 2 |
| 3BR | $2,340 | +$40 (+1.7%) | +$441 (+23.2%) | $2,340 – $2,340 | 2 |
| 3BR | $2,150 | −$150 (-6.5%) | +$251 (+13.2%) | $2,000 – $3,250 | 22 |
| 4BR | $3,250 | +$817 (+33.6%) | +$817 (+33.6%) | $3,250 – $3,250 | 2 |
| 4BR | $2,433 | $0 (0.0%) | $0 (0.0%) | $2,433 – $3,250 | 8 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Irving Park vs. Chicago — January 2024
| Bedrooms | Irving Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,150 | $1,225 | −$75 (-6.1%) |
| Studio | $895 | $1,225 | −$330 (-26.9%) |
| 1BR | $900 | $1,517 | −$617 (-40.7%) |
| 1BR | $1,300 | $1,517 | −$217 (-14.3%) |
| 2BR | $1,700 | $1,800 | −$100 (-5.6%) |
| 2BR | $2,000 | $1,800 | +$200 (+11.1%) |
| 3BR | $2,340 | $2,300 | +$40 (+1.7%) |
| 3BR | $2,150 | $2,300 | −$150 (-6.5%) |
| 4BR | $3,250 | $2,792 | +$459 (+16.4%) |
| 4BR | $2,433 | $2,792 | −$358 (-12.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2024.