Monthly Rent Report
Irving Park Rent Report — May 2025
Asking rents in ZIP 60641, Chicago, from 28 listings.
Median 1BR rent in Irving Park was $1,450 in May 2025, up 4.5% (+$63) from April 2025 and down 7.8% year-over-year. The middle half of 1BR listings asked between $1,450 and $1,450. That puts Irving Park $125 below the Chicago citywide 1BR median of $1,575. The month's figures are based on 28 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2025 | Vs. May 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,200 | −$342 (-22.2%) | +$140 (+13.2%) | $1,200 – $1,200 | 1 |
| 1BR | $1,450 | +$63 (+4.5%) | −$122 (-7.8%) | $1,450 – $1,450 | 9 |
| 1BR | $1,325 | −$62 (-4.5%) | −$247 (-15.7%) | $1,325 – $1,325 | 1 |
| 2BR | $1,595 | −$80 (-4.8%) | −$1,055 (-39.8%) | $1,595 – $1,595 | 1 |
| 2BR | $2,295 | +$620 (+37.0%) | −$355 (-13.4%) | $2,098 – $2,295 | 3 |
| 3BR | $2,048 | +$248 (+13.8%) | +$48 (+2.4%) | $1,521 – $2,574 | 2 |
| 3BR | $2,098 | +$298 (+16.5%) | +$98 (+4.9%) | $2,000 – $3,000 | 8 |
| 4BR | $3,500 | +$300 (+9.4%) | −$1,000 (-22.2%) | $3,500 – $3,500 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2025. Changes compare against the nearest prior month with data.
Irving Park vs. Chicago — May 2025
| Bedrooms | Irving Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,200 | $1,398 | −$197 (-14.1%) |
| 1BR | $1,450 | $1,575 | −$125 (-7.9%) |
| 1BR | $1,325 | $1,575 | −$250 (-15.9%) |
| 2BR | $1,595 | $1,900 | −$305 (-16.1%) |
| 2BR | $2,295 | $1,900 | +$395 (+20.8%) |
| 3BR | $2,048 | $2,200 | −$152 (-6.9%) |
| 3BR | $2,098 | $2,200 | −$102 (-4.7%) |
| 4BR | $3,500 | $2,948 | +$553 (+18.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2025.