Monthly Rent Report
Logan Square Rent Report — January 2024
Asking rents in ZIP 60647, Chicago, from 601 listings.
Median 1BR rent in Logan Square was $1,950 in January 2024, down 14.0% (−$317) from December 2023 and down 1.4% year-over-year. The middle half of 1BR listings asked between $1,631 and $2,295. That puts Logan Square $433 above the Chicago citywide 1BR median of $1,517. The month's figures are based on 601 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,450 | +$325 (+28.9%) | +$378 (+35.2%) | $1,356 – $1,450 | 6 |
| Studio | $1,685 | +$560 (+49.8%) | +$613 (+57.1%) | $1,350 – $2,092 | 34 |
| 1BR | $1,950 | −$317 (-14.0%) | −$28 (-1.4%) | $1,631 – $2,295 | 106 |
| 1BR | $1,595 | −$672 (-29.6%) | −$383 (-19.4%) | $1,550 – $1,825 | 9 |
| 2BR | $2,450 | +$303 (+14.1%) | −$347 (-12.4%) | $1,915 – $3,050 | 11 |
| 2BR | $2,250 | +$103 (+4.8%) | −$547 (-19.6%) | $1,876 – $2,743 | 284 |
| 3BR | $2,300 | $0 (0.0%) | −$440 (-16.1%) | $2,300 – $2,798 | 3 |
| 3BR | $2,425 | +$125 (+5.4%) | −$315 (-11.5%) | $2,100 – $3,400 | 104 |
| 4BR | $3,950 | +$350 (+9.7%) | +$853 (+27.5%) | $3,250 – $5,995 | 40 |
| 4BR | $2,990 | −$610 (-16.9%) | −$107 (-3.5%) | $2,990 – $2,990 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Logan Square vs. Chicago — January 2024
| Bedrooms | Logan Square Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,450 | $1,225 | +$225 (+18.4%) |
| Studio | $1,685 | $1,225 | +$460 (+37.6%) |
| 1BR | $1,950 | $1,517 | +$433 (+28.5%) |
| 1BR | $1,595 | $1,517 | +$78 (+5.1%) |
| 2BR | $2,450 | $1,800 | +$650 (+36.1%) |
| 2BR | $2,250 | $1,800 | +$450 (+25.0%) |
| 3BR | $2,300 | $2,300 | $0 (0.0%) |
| 3BR | $2,425 | $2,300 | +$125 (+5.4%) |
| 4BR | $3,950 | $2,792 | +$1,159 (+41.5%) |
| 4BR | $2,990 | $2,792 | +$199 (+7.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2024.