Monthly Rent Report
Logan Square Rent Report — August 2023
Asking rents in ZIP 60647, Chicago, from 75 listings.
Median 1BR rent in Logan Square was $1,395 in August 2023, down 22.3% (−$400) from July 2023 and down 17.7% year-over-year. The middle half of 1BR listings asked between $1,395 and $1,395. That puts Logan Square $125 below the Chicago citywide 1BR median of $1,520. The month's figures are based on 75 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,495 | +$85 (+6.0%) | +$400 (+36.5%) | $1,473 – $1,885 | 7 |
| Studio | $1,325 | −$85 (-6.0%) | +$230 (+21.0%) | $1,125 – $1,325 | 5 |
| 1BR | $1,395 | −$400 (-22.3%) | −$300 (-17.7%) | $1,395 – $1,395 | 1 |
| 1BR | $1,950 | +$155 (+8.6%) | +$255 (+15.0%) | $1,800 – $2,100 | 2 |
| 2BR | $1,895 | −$428 (-18.4%) | +$195 (+11.5%) | $1,895 – $2,395 | 7 |
| 2BR | $3,195 | +$872 (+37.5%) | +$1,495 (+87.9%) | $2,888 – $3,199 | 10 |
| 3BR | $3,000 | +$505 (+20.2%) | −$195 (-6.1%) | $3,000 – $3,188 | 6 |
| 3BR | $2,600 | +$105 (+4.2%) | −$595 (-18.6%) | $2,046 – $3,074 | 30 |
| 4BR | $4,800 | +$1,605 (+50.2%) | +$500 (+11.6%) | $4,800 – $4,800 | 1 |
| 4BR | $2,095 | −$1,100 (-34.4%) | −$2,205 (-51.3%) | $2,095 – $2,095 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Logan Square vs. Chicago — August 2023
| Bedrooms | Logan Square Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,495 | $1,250 | +$245 (+19.6%) |
| Studio | $1,325 | $1,250 | +$75 (+6.0%) |
| 1BR | $1,395 | $1,520 | −$125 (-8.2%) |
| 1BR | $1,950 | $1,520 | +$430 (+28.3%) |
| 2BR | $1,895 | $1,808 | +$88 (+4.8%) |
| 2BR | $3,195 | $1,808 | +$1,388 (+76.8%) |
| 3BR | $3,000 | $2,395 | +$605 (+25.3%) |
| 3BR | $2,600 | $2,395 | +$205 (+8.6%) |
| 4BR | $4,800 | $2,692 | +$2,108 (+78.3%) |
| 4BR | $2,095 | $2,692 | −$597 (-22.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2023.