Monthly Rent Report
Irving Park Rent Report — February 2024
Asking rents in ZIP 60641, Chicago, from 805 listings.
Median 1BR rent in Irving Park was $2,470 in February 2024, up 174.4% (+$1,570) from January 2024 and up 105.8% year-over-year. The middle half of 1BR listings asked between $2,142 and $2,630. That puts Irving Park $970 above the Chicago citywide 1BR median of $1,500. The month's figures are based on 805 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,150 | +$255 (+28.5%) | +$125 (+12.2%) | $1,150 – $1,169 | 4 |
| Studio | $1,748 | +$853 (+95.3%) | +$723 (+70.5%) | $1,300 – $1,894 | 143 |
| 1BR | $2,470 | +$1,570 (+174.4%) | +$1,270 (+105.8%) | $2,142 – $2,630 | 519 |
| 1BR | $1,225 | +$325 (+36.1%) | +$25 (+2.1%) | $1,225 – $1,225 | 1 |
| 2BR | $1,825 | −$175 (-8.8%) | +$325 (+21.7%) | $1,813 – $1,838 | 2 |
| 2BR | $1,400 | −$600 (-30.0%) | −$100 (-6.7%) | $1,400 – $1,400 | 1 |
| 3BR | $2,225 | +$75 (+3.5%) | −$1,275 (-36.4%) | $2,000 – $2,413 | 79 |
| 3BR | $2,200 | +$50 (+2.3%) | −$1,300 (-37.1%) | $2,200 – $2,200 | 1 |
| 4BR | $2,433 | $0 (0.0%) | $0 (0.0%) | $2,433 – $2,433 | 19 |
| 4BR | $2,433 | $0 (0.0%) | $0 (0.0%) | $2,433 – $2,433 | 17 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Irving Park vs. Chicago — February 2024
| Bedrooms | Irving Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,150 | $1,211 | −$61 (-5.1%) |
| Studio | $1,748 | $1,211 | +$537 (+44.3%) |
| 1BR | $2,470 | $1,500 | +$970 (+64.7%) |
| 1BR | $1,225 | $1,500 | −$275 (-18.3%) |
| 2BR | $1,825 | $1,813 | +$13 (+0.7%) |
| 2BR | $1,400 | $1,813 | −$412 (-22.8%) |
| 3BR | $2,225 | $2,300 | −$75 (-3.3%) |
| 3BR | $2,200 | $2,300 | −$100 (-4.3%) |
| 4BR | $2,433 | $2,792 | −$358 (-12.8%) |
| 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 February 2024.