Monthly Rent Report
Irving Park Rent Report — March 2024
Asking rents in ZIP 60641, Chicago, from 448 listings.
Median 1BR rent in Irving Park was $1,300 in March 2024, down 47.4% (−$1,170) from February 2024 and up 3.0% year-over-year. The middle half of 1BR listings asked between $1,300 and $1,300. That puts Irving Park $205 below the Chicago citywide 1BR median of $1,505. The month's figures are based on 448 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $995 | −$155 (-13.5%) | −$105 (-9.5%) | $995 – $995 | 2 |
| Studio | $1,842 | +$692 (+60.2%) | +$742 (+67.5%) | $1,300 – $1,960 | 84 |
| 1BR | $1,300 | −$1,170 (-47.4%) | +$38 (+3.0%) | $1,300 – $1,300 | 4 |
| 1BR | $1,725 | −$745 (-30.2%) | +$463 (+36.6%) | $1,100 – $1,725 | 5 |
| 2BR | $1,750 | +$350 (+25.0%) | +$200 (+12.9%) | $1,725 – $1,775 | 2 |
| 2BR | $2,994 | +$1,594 (+113.9%) | +$1,444 (+93.2%) | $1,800 – $3,389 | 224 |
| 3BR | $2,200 | $0 (0.0%) | +$3 (+0.1%) | $2,200 – $2,200 | 1 |
| 3BR | $2,250 | +$50 (+2.3%) | +$53 (+2.4%) | $1,950 – $3,600 | 63 |
| 4BR | $2,433 | $0 (0.0%) | $0 (0.0%) | $2,433 – $2,433 | 20 |
| 4BR | $2,433 | $0 (0.0%) | $0 (0.0%) | $2,433 – $3,250 | 13 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Irving Park vs. Chicago — March 2024
| Bedrooms | Irving Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $995 | $1,225 | −$230 (-18.8%) |
| Studio | $1,842 | $1,225 | +$617 (+50.4%) |
| 1BR | $1,300 | $1,505 | −$204 (-13.6%) |
| 1BR | $1,725 | $1,505 | +$221 (+14.7%) |
| 2BR | $1,750 | $1,900 | −$150 (-7.9%) |
| 2BR | $2,994 | $1,900 | +$1,094 (+57.6%) |
| 3BR | $2,200 | $2,250 | −$50 (-2.2%) |
| 3BR | $2,250 | $2,250 | $0 (0.0%) |
| 4BR | $2,433 | $2,650 | −$217 (-8.2%) |
| 4BR | $2,433 | $2,650 | −$217 (-8.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2024.