Monthly Rent Report
Irving Park Rent Report — August 2024
Asking rents in ZIP 60641, Chicago, from 46 listings.
Median 1BR rent in Irving Park was $1,200 in August 2024, down 2.0% (−$25) from July 2024 and up 4.3% year-over-year. The middle half of 1BR listings asked between $1,200 and $1,200. That puts Irving Park $338 below the Chicago citywide 1BR median of $1,538. The month's figures are based on 46 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,050 | −$100 (-8.7%) | −$5,350 (-83.6%) | $1,050 – $1,050 | 1 |
| 1BR | $1,200 | −$25 (-2.0%) | +$50 (+4.3%) | $1,200 – $1,200 | 1 |
| 2BR | $2,345 | +$670 (+40.0%) | +$845 (+56.3%) | $2,295 – $2,345 | 5 |
| 2BR | $2,295 | +$620 (+37.0%) | +$795 (+53.0%) | $2,295 – $2,295 | 1 |
| 3BR | $1,000 | −$1,795 (-64.2%) | −$850 (-45.9%) | $1,000 – $1,000 | 1 |
| 4BR | $2,433 | −$1,667 (-40.7%) | $0 (0.0%) | $2,433 – $2,433 | 36 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Irving Park vs. Chicago — August 2024
| Bedrooms | Irving Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,050 | $1,190 | −$140 (-11.8%) |
| 1BR | $1,200 | $1,538 | −$338 (-22.0%) |
| 2BR | $2,345 | $1,823 | +$523 (+28.7%) |
| 2BR | $2,295 | $1,823 | +$473 (+25.9%) |
| 3BR | $1,000 | $2,300 | −$1,300 (-56.5%) |
| 4BR | $2,433 | $2,995 | −$562 (-18.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2024.