Monthly Rent Report
Old Town Rent Report — June 2023
Asking rents in ZIP 60610, Chicago, from 1,131 listings.
Median 1BR rent in Old Town was $2,815 in June 2023, up 11.8% (+$298) from May 2023 and down 5.9% year-over-year. The middle half of 1BR listings asked between $2,815 and $2,815. That puts Old Town $1,415 above the Chicago citywide 1BR median of $1,400. The month's figures are based on 1,131 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,925 | +$600 (+45.3%) | +$430 (+28.8%) | $1,794 – $2,345 | 8 |
| Studio | $1,819 | +$494 (+37.3%) | +$324 (+21.7%) | $1,375 – $2,187 | 282 |
| 1BR | $2,815 | +$298 (+11.8%) | −$177 (-5.9%) | $2,815 – $2,815 | 1 |
| 1BR | $2,645 | +$128 (+5.1%) | −$347 (-11.6%) | $2,282 – $3,196 | 445 |
| 2BR | $4,183 | +$154 (+3.8%) | −$831 (-16.6%) | $3,474 – $4,838 | 274 |
| 2BR | $4,293 | +$264 (+6.5%) | −$721 (-14.4%) | $3,936 – $4,443 | 4 |
| 3BR | $5,750 | +$200 (+3.6%) | −$1,179 (-17.0%) | $5,750 – $5,750 | 1 |
| 3BR | $5,750 | +$200 (+3.6%) | −$1,179 (-17.0%) | $4,999 – $7,975 | 98 |
| 4BR | $4,400 | −$1,600 (-26.7%) | −$9,632 (-68.6%) | $4,400 – $4,400 | 1 |
| 4BR | $6,000 | $0 (0.0%) | −$8,032 (-57.2%) | $6,000 – $10,788 | 17 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Old Town vs. Chicago — June 2023
| Bedrooms | Old Town Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,925 | $1,243 | +$683 (+54.9%) |
| Studio | $1,819 | $1,243 | +$577 (+46.4%) |
| 1BR | $2,815 | $1,400 | +$1,415 (+101.1%) |
| 1BR | $2,645 | $1,400 | +$1,245 (+88.9%) |
| 2BR | $4,183 | $1,700 | +$2,483 (+146.1%) |
| 2BR | $4,293 | $1,700 | +$2,593 (+152.5%) |
| 3BR | $5,750 | $2,275 | +$3,475 (+152.7%) |
| 3BR | $5,750 | $2,275 | +$3,475 (+152.7%) |
| 4BR | $4,400 | $2,500 | +$1,900 (+76.0%) |
| 4BR | $6,000 | $2,500 | +$3,500 (+140.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2023.