Monthly Rent Report
Old Town Rent Report — September 2023
Asking rents in ZIP 60610, Chicago, from 167 listings.
Median 1BR rent in Old Town was $2,572 in September 2023, down 6.3% (−$173) from August 2023 and up 5.8% year-over-year. The middle half of 1BR listings asked between $2,195 and $2,815. That puts Old Town $1,122 above the Chicago citywide 1BR median of $1,450. The month's figures are based on 167 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,650 | −$123 (-7.0%) | −$394 (-19.3%) | $1,295 – $2,300 | 9 |
| Studio | $1,808 | +$34 (+1.9%) | −$236 (-11.6%) | $1,519 – $2,069 | 36 |
| 1BR | $2,572 | −$173 (-6.3%) | +$141 (+5.8%) | $2,195 – $2,815 | 88 |
| 1BR | $2,710 | −$34 (-1.3%) | +$279 (+11.5%) | $2,095 – $2,715 | 5 |
| 2BR | $3,400 | −$475 (-12.3%) | −$275 (-7.5%) | $2,450 – $3,400 | 9 |
| 2BR | $3,345 | −$530 (-13.7%) | −$330 (-9.0%) | $2,886 – $3,803 | 2 |
| 3BR | $5,390 | −$1,600 (-22.9%) | −$1,110 (-17.1%) | $4,000 – $8,146 | 10 |
| 3BR | $5,350 | −$1,640 (-23.5%) | −$1,150 (-17.7%) | $5,274 – $5,425 | 2 |
| 4BR | $4,200 | −$10,725 (-71.9%) | −$9,799 (-70.0%) | $4,200 – $4,200 | 1 |
| 4BR | $5,156 | −$9,769 (-65.5%) | −$8,843 (-63.2%) | $5,156 – $5,300 | 5 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Old Town vs. Chicago — September 2023
| Bedrooms | Old Town Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,650 | $1,238 | +$413 (+33.3%) |
| Studio | $1,808 | $1,238 | +$570 (+46.1%) |
| 1BR | $2,572 | $1,450 | +$1,122 (+77.3%) |
| 1BR | $2,710 | $1,450 | +$1,260 (+86.9%) |
| 2BR | $3,400 | $1,738 | +$1,663 (+95.7%) |
| 2BR | $3,345 | $1,738 | +$1,607 (+92.5%) |
| 3BR | $5,390 | $2,327 | +$3,063 (+131.6%) |
| 3BR | $5,350 | $2,327 | +$3,023 (+129.9%) |
| 4BR | $4,200 | $2,783 | +$1,417 (+50.9%) |
| 4BR | $5,156 | $2,783 | +$2,373 (+85.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2023.