Monthly Rent Report
Old Town Rent Report — April 2023
Asking rents in ZIP 60610, Chicago, from 1,502 listings.
Median 1BR rent in Old Town was $2,100 in April 2023, down 1.1% (−$22) from March 2023 and up 25.4% year-over-year. The middle half of 1BR listings asked between $2,038 and $2,850. That puts Old Town $675 above the Chicago citywide 1BR median of $1,425. The month's figures are based on 1,502 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,702 | +$407 (+31.4%) | +$227 (+15.4%) | $1,375 – $2,070 | 375 |
| Studio | $1,625 | +$330 (+25.5%) | +$150 (+10.2%) | $1,625 – $1,625 | 1 |
| 1BR | $2,100 | −$22 (-1.1%) | +$425 (+25.4%) | $2,038 – $2,850 | 3 |
| 1BR | $2,495 | +$373 (+17.6%) | +$820 (+49.0%) | $2,060 – $2,803 | 570 |
| 2BR | $3,200 | −$349 (-9.8%) | −$1,692 (-34.6%) | $3,200 – $3,200 | 1 |
| 2BR | $3,600 | +$51 (+1.4%) | −$1,292 (-26.4%) | $2,976 – $4,390 | 415 |
| 3BR | $5,527 | −$9 (-0.2%) | −$1,130 (-17.0%) | $4,174 – $7,300 | 103 |
| 3BR | $5,250 | −$286 (-5.2%) | −$1,407 (-21.1%) | $4,875 – $5,550 | 4 |
| 4BR | $10,200 | +$6,600 (+183.3%) | −$3,832 (-27.3%) | $5,500 – $10,788 | 25 |
| 4BR | $2,950 | −$650 (-18.1%) | −$11,082 (-79.0%) | $2,950 – $2,950 | 1 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Old Town vs. Chicago — April 2023
| Bedrooms | Old Town Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,702 | $1,195 | +$507 (+42.4%) |
| Studio | $1,625 | $1,195 | +$430 (+36.0%) |
| 1BR | $2,100 | $1,425 | +$675 (+47.4%) |
| 1BR | $2,495 | $1,425 | +$1,070 (+75.1%) |
| 2BR | $3,200 | $1,725 | +$1,475 (+85.5%) |
| 2BR | $3,600 | $1,725 | +$1,875 (+108.7%) |
| 3BR | $5,527 | $2,300 | +$3,227 (+140.3%) |
| 3BR | $5,250 | $2,300 | +$2,950 (+128.3%) |
| 4BR | $10,200 | $2,597 | +$7,603 (+292.8%) |
| 4BR | $2,950 | $2,597 | +$353 (+13.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2023.