Monthly Rent Report
Logan Square Rent Report — March 2023
Asking rents in ZIP 60647, Chicago, from 1,257 listings.
Median 1BR rent in Logan Square was $1,850 in March 2023, down 1.1% (−$20) from February 2023 and up 12.1% year-over-year. The middle half of 1BR listings asked between $1,595 and $2,250. That puts Logan Square $454 above the Chicago citywide 1BR median of $1,396. The month's figures are based on 1,257 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,295 | +$45 (+3.6%) | +$270 (+26.3%) | $1,295 – $1,295 | 1 |
| Studio | $1,250 | $0 (0.0%) | +$225 (+22.0%) | $1,095 – $1,586 | 159 |
| 1BR | $1,850 | −$20 (-1.1%) | +$200 (+12.1%) | $1,595 – $2,250 | 394 |
| 1BR | $2,223 | +$353 (+18.9%) | +$573 (+34.7%) | $2,063 – $2,320 | 4 |
| 2BR | $2,573 | +$473 (+22.5%) | +$323 (+14.3%) | $2,088 – $3,219 | 8 |
| 2BR | $2,050 | −$50 (-2.4%) | −$200 (-8.9%) | $1,700 – $2,695 | 622 |
| 3BR | $1,999 | −$1,301 (-39.4%) | +$4 (+0.2%) | $1,999 – $1,999 | 1 |
| 3BR | $2,495 | −$805 (-24.4%) | +$500 (+25.1%) | $2,199 – $2,495 | 6 |
| 4BR | $3,450 | +$262 (+8.2%) | +$50 (+1.5%) | $3,188 – $3,600 | 57 |
| 4BR | $2,500 | −$688 (-21.6%) | −$900 (-26.5%) | $2,500 – $2,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Logan Square vs. Chicago — March 2023
| Bedrooms | Logan Square Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,295 | $1,204 | +$91 (+7.6%) |
| Studio | $1,250 | $1,204 | +$46 (+3.8%) |
| 1BR | $1,850 | $1,396 | +$454 (+32.5%) |
| 1BR | $2,223 | $1,396 | +$826 (+59.2%) |
| 2BR | $2,573 | $1,698 | +$875 (+51.5%) |
| 2BR | $2,050 | $1,698 | +$353 (+20.8%) |
| 3BR | $1,999 | $2,200 | −$201 (-9.1%) |
| 3BR | $2,495 | $2,200 | +$295 (+13.4%) |
| 4BR | $3,450 | $2,444 | +$1,006 (+41.2%) |
| 4BR | $2,500 | $2,444 | +$56 (+2.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2023.