Monthly Rent Report
Old Town Rent Report — November 2023
Asking rents in ZIP 60610, Chicago, from 205 listings.
Median 1BR rent in Old Town was $2,357 in November 2023, down 9.3% (−$243) from October 2023 and up 4.6% year-over-year. The middle half of 1BR listings asked between $2,100 and $2,735. That puts Old Town $854 above the Chicago citywide 1BR median of $1,504. The month's figures are based on 205 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,325 | −$270 (-16.9%) | −$850 (-39.1%) | $1,225 – $3,600 | 5 |
| Studio | $2,120 | +$525 (+32.9%) | −$55 (-2.5%) | $1,858 – $2,175 | 10 |
| 1BR | $2,357 | −$243 (-9.3%) | +$104 (+4.6%) | $2,100 – $2,735 | 5 |
| 1BR | $4,500 | +$1,900 (+73.1%) | +$2,247 (+99.7%) | $4,500 – $4,950 | 5 |
| 2BR | $3,250 | +$89 (+2.8%) | −$150 (-4.4%) | $3,125 – $4,450 | 7 |
| 2BR | $3,795 | +$634 (+20.1%) | +$395 (+11.6%) | $3,323 – $4,073 | 3 |
| 3BR | $7,791 | +$2,291 (+41.7%) | +$3,291 (+73.1%) | $7,791 – $7,791 | 1 |
| 3BR | $5,988 | +$488 (+8.9%) | +$1,488 (+33.1%) | $4,764 – $8,762 | 160 |
| 4BR | $8,850 | −$300 (-3.3%) | −$5,149 (-36.8%) | $8,850 – $8,850 | 1 |
| 4BR | $4,500 | −$4,650 (-50.8%) | −$9,499 (-67.9%) | $4,375 – $4,500 | 4 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
Old Town vs. Chicago — November 2023
| Bedrooms | Old Town Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,325 | $1,160 | +$165 (+14.2%) |
| Studio | $2,120 | $1,160 | +$960 (+82.8%) |
| 1BR | $2,357 | $1,504 | +$854 (+56.8%) |
| 1BR | $4,500 | $1,504 | +$2,997 (+199.3%) |
| 2BR | $3,250 | $1,800 | +$1,450 (+80.6%) |
| 2BR | $3,795 | $1,800 | +$1,995 (+110.8%) |
| 3BR | $7,791 | $2,298 | +$5,494 (+239.1%) |
| 3BR | $5,988 | $2,298 | +$3,691 (+160.6%) |
| 4BR | $8,850 | $2,750 | +$6,100 (+221.8%) |
| 4BR | $4,500 | $2,750 | +$1,750 (+63.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in November 2023.