Monthly Rent Report
Irving Park Rent Report — December 2024
Asking rents in ZIP 60641, Chicago, from 70 listings.
Median 1BR rent in Irving Park was $1,295 in December 2024, down 50.8% (−$1,338) from November 2024 and up 7.9% year-over-year. The middle half of 1BR listings asked between $1,295 and $1,300. That puts Irving Park $355 below the Chicago citywide 1BR median of $1,650. The month's figures are based on 70 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $985 | −$165 (-14.3%) | −$788 (-44.4%) | $985 – $1,158 | 4 |
| Studio | $985 | −$165 (-14.3%) | −$788 (-44.4%) | $985 – $1,158 | 4 |
| 1BR | $1,295 | −$1,338 (-50.8%) | +$95 (+7.9%) | $1,295 – $1,300 | 13 |
| 1BR | $1,295 | −$1,338 (-50.8%) | +$95 (+7.9%) | $1,295 – $1,295 | 1 |
| 2BR | $1,700 | −$150 (-8.1%) | −$100 (-5.6%) | $1,700 – $1,700 | 2 |
| 2BR | $1,850 | $0 (0.0%) | +$50 (+2.8%) | $1,675 – $2,025 | 19 |
| 3BR | $2,250 | +$250 (+12.5%) | −$50 (-2.2%) | $1,963 – $2,900 | 14 |
| 3BR | $2,200 | +$200 (+10.0%) | −$100 (-4.3%) | $2,200 – $2,200 | 1 |
| 4BR | $2,720 | +$395 (+17.0%) | +$287 (+11.8%) | $2,720 – $2,720 | 1 |
| 4BR | $2,400 | +$75 (+3.2%) | −$33 (-1.4%) | $2,175 – $2,400 | 6 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Irving Park vs. Chicago — December 2024
| Bedrooms | Irving Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $985 | $1,385 | −$400 (-28.9%) |
| Studio | $985 | $1,385 | −$400 (-28.9%) |
| 1BR | $1,295 | $1,650 | −$355 (-21.5%) |
| 1BR | $1,295 | $1,650 | −$355 (-21.5%) |
| 2BR | $1,700 | $1,953 | −$252 (-12.9%) |
| 2BR | $1,850 | $1,953 | −$102 (-5.2%) |
| 3BR | $2,250 | $2,395 | −$145 (-6.1%) |
| 3BR | $2,200 | $2,395 | −$195 (-8.1%) |
| 4BR | $2,720 | $2,850 | −$130 (-4.6%) |
| 4BR | $2,400 | $2,850 | −$450 (-15.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2024.