Monthly Rent Report
Logan Square Rent Report — May 2024
Asking rents in ZIP 60647, Chicago, from 358 listings.
Median 1BR rent in Logan Square was $1,895 in May 2024, down 2.8% (−$55) from April 2024 and down 15.8% year-over-year. The middle half of 1BR listings asked between $1,895 and $1,895. That puts Logan Square $393 above the Chicago citywide 1BR median of $1,503. The month's figures are based on 358 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,450 | +$113 (+8.4%) | +$328 (+29.2%) | $1,236 – $1,753 | 262 |
| Studio | $1,595 | +$258 (+19.3%) | +$473 (+42.1%) | $1,595 – $1,595 | 5 |
| 1BR | $1,895 | −$55 (-2.8%) | −$355 (-15.8%) | $1,895 – $1,895 | 1 |
| 1BR | $1,765 | −$185 (-9.5%) | −$485 (-21.6%) | $1,765 – $1,765 | 1 |
| 2BR | $2,248 | −$1,031 (-31.5%) | −$477 (-17.5%) | $2,109 – $2,350 | 4 |
| 2BR | $2,150 | −$1,129 (-34.4%) | −$575 (-21.1%) | $1,825 – $2,150 | 3 |
| 3BR | $2,598 | −$527 (-16.9%) | +$103 (+4.1%) | $2,295 – $2,978 | 8 |
| 3BR | $2,075 | −$1,050 (-33.6%) | −$420 (-16.8%) | $2,075 – $2,075 | 1 |
| 4BR | $3,950 | +$100 (+2.6%) | +$150 (+3.9%) | $3,900 – $3,975 | 3 |
| 4BR | $3,900 | +$50 (+1.3%) | +$100 (+2.6%) | $2,700 – $4,000 | 43 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Logan Square vs. Chicago — May 2024
| Bedrooms | Logan Square Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,450 | $1,196 | +$254 (+21.2%) |
| Studio | $1,595 | $1,196 | +$399 (+33.4%) |
| 1BR | $1,895 | $1,503 | +$393 (+26.1%) |
| 1BR | $1,765 | $1,503 | +$263 (+17.5%) |
| 2BR | $2,248 | $1,825 | +$423 (+23.2%) |
| 2BR | $2,150 | $1,825 | +$325 (+17.8%) |
| 3BR | $2,598 | $2,236 | +$362 (+16.2%) |
| 3BR | $2,075 | $2,236 | −$161 (-7.2%) |
| 4BR | $3,950 | $2,725 | +$1,225 (+45.0%) |
| 4BR | $3,900 | $2,725 | +$1,175 (+43.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2024.