Monthly Rent Report
Old Town Rent Report — October 2023
Asking rents in ZIP 60610, Chicago, from 104 listings.
Median 1BR rent in Old Town was $2,406 in October 2023, down 11.2% (−$304) from September 2023 and down 20.6% year-over-year. The middle half of 1BR listings asked between $2,070 and $2,705. That puts Old Town $931 above the Chicago citywide 1BR median of $1,475. The month's figures are based on 104 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,395 | −$412 (-22.8%) | −$640 (-31.4%) | $1,238 – $1,670 | 27 |
| Studio | $1,595 | −$212 (-11.8%) | −$440 (-21.6%) | $1,400 – $2,025 | 5 |
| 1BR | $2,406 | −$304 (-11.2%) | −$624 (-20.6%) | $2,070 – $2,705 | 8 |
| 1BR | $2,600 | −$110 (-4.1%) | −$430 (-14.2%) | $2,600 – $2,600 | 4 |
| 2BR | $3,161 | −$239 (-7.0%) | −$1,295 (-29.1%) | $3,100 – $4,245 | 5 |
| 2BR | $4,200 | +$800 (+23.5%) | −$256 (-5.7%) | $3,930 – $6,000 | 16 |
| 3BR | $5,500 | +$110 (+2.0%) | −$1,500 (-21.4%) | $5,500 – $5,500 | 2 |
| 3BR | $3,700 | −$1,690 (-31.4%) | −$3,300 (-47.1%) | $3,700 – $3,700 | 1 |
| 4BR | $9,150 | +$4,950 (+117.9%) | −$4,670 (-33.8%) | $9,150 – $9,150 | 5 |
| 4BR | $8,850 | +$4,650 (+110.7%) | −$4,970 (-36.0%) | $3,950 – $11,800 | 31 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Old Town vs. Chicago — October 2023
| Bedrooms | Old Town Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,395 | $1,200 | +$195 (+16.3%) |
| Studio | $1,595 | $1,200 | +$395 (+32.9%) |
| 1BR | $2,406 | $1,475 | +$931 (+63.1%) |
| 1BR | $2,600 | $1,475 | +$1,125 (+76.3%) |
| 2BR | $3,161 | $1,800 | +$1,361 (+75.6%) |
| 2BR | $4,200 | $1,800 | +$2,400 (+133.3%) |
| 3BR | $5,500 | $2,450 | +$3,050 (+124.5%) |
| 3BR | $3,700 | $2,450 | +$1,250 (+51.0%) |
| 4BR | $9,150 | $2,575 | +$6,575 (+255.3%) |
| 4BR | $8,850 | $2,575 | +$6,275 (+243.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2023.