Monthly Rent Report
Logan Square Rent Report — February 2023
Asking rents in ZIP 60647, Chicago, from 1,211 listings.
Median 1BR rent in Logan Square was $1,923 in February 2023, up 7.1% (+$128) from January 2023 and down 4.6% year-over-year. The middle half of 1BR listings asked between $1,845 and $2,025. That puts Logan Square $523 above the Chicago citywide 1BR median of $1,400. The month's figures are based on 1,211 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,333 | −$117 (-8.1%) | +$410 (+44.4%) | $1,191 – $1,474 | 2 |
| Studio | $1,250 | −$200 (-13.8%) | +$328 (+35.5%) | $1,095 – $1,737 | 121 |
| 1BR | $1,923 | +$128 (+7.1%) | −$92 (-4.6%) | $1,845 – $2,025 | 8 |
| 1BR | $1,870 | +$75 (+4.2%) | −$145 (-7.2%) | $1,567 – $2,250 | 375 |
| 2BR | $2,100 | −$1,199 (-36.3%) | −$350 (-14.3%) | $1,750 – $2,595 | 446 |
| 2BR | $2,550 | −$749 (-22.7%) | +$100 (+4.1%) | $2,209 – $2,809 | 6 |
| 3BR | $3,300 | +$560 (+20.4%) | +$1,058 (+47.2%) | $3,300 – $3,300 | 1 |
| 3BR | $2,400 | −$340 (-12.4%) | +$158 (+7.0%) | $2,095 – $3,000 | 207 |
| 4BR | $3,188 | +$91 (+2.9%) | +$438 (+15.9%) | $2,995 – $3,500 | 44 |
| 4BR | $2,100 | −$997 (-32.2%) | −$650 (-23.6%) | $2,100 – $2,100 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Logan Square vs. Chicago — February 2023
| Bedrooms | Logan Square Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,333 | $1,149 | +$184 (+16.0%) |
| Studio | $1,250 | $1,149 | +$101 (+8.8%) |
| 1BR | $1,923 | $1,400 | +$523 (+37.3%) |
| 1BR | $1,870 | $1,400 | +$470 (+33.6%) |
| 2BR | $2,100 | $1,695 | +$405 (+23.9%) |
| 2BR | $2,550 | $1,695 | +$855 (+50.4%) |
| 3BR | $3,300 | $2,188 | +$1,113 (+50.9%) |
| 3BR | $2,400 | $2,188 | +$213 (+9.7%) |
| 4BR | $3,188 | $2,393 | +$796 (+33.2%) |
| 4BR | $2,100 | $2,393 | −$292 (-12.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2023.