Monthly Rent Report
Old Town Rent Report — December 2023
Asking rents in ZIP 60610, Chicago, from 227 listings.
Median 1BR rent in Old Town was $2,538 in December 2023, down 43.6% (−$1,962) from November 2023 and down 16.4% year-over-year. The middle half of 1BR listings asked between $2,444 and $2,631. That puts Old Town $1,083 above the Chicago citywide 1BR median of $1,455. The month's figures are based on 227 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,595 | +$270 (+20.4%) | +$423 (+36.0%) | $1,595 – $1,595 | 5 |
| Studio | $1,625 | +$300 (+22.6%) | +$453 (+38.6%) | $1,625 – $1,625 | 2 |
| 1BR | $2,538 | −$1,962 (-43.6%) | −$496 (-16.4%) | $2,444 – $2,631 | 2 |
| 1BR | $2,450 | −$2,050 (-45.6%) | −$584 (-19.2%) | $2,395 – $2,484 | 10 |
| 2BR | $4,200 | +$405 (+10.7%) | +$1,300 (+44.8%) | $3,300 – $4,313 | 6 |
| 2BR | $3,650 | −$145 (-3.8%) | +$750 (+25.9%) | $3,125 – $4,175 | 4 |
| 3BR | $6,370 | +$382 (+6.4%) | +$1,191 (+23.0%) | $6,370 – $6,370 | 1 |
| 3BR | $6,966 | +$978 (+16.3%) | +$1,787 (+34.5%) | $5,501 – $10,990 | 193 |
| 4BR | $4,500 | $0 (0.0%) | +$550 (+13.9%) | $4,500 – $4,500 | 1 |
| 4BR | $4,500 | $0 (0.0%) | +$550 (+13.9%) | $4,500 – $4,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Old Town vs. Chicago — December 2023
| Bedrooms | Old Town Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,595 | $1,218 | +$378 (+31.0%) |
| Studio | $1,625 | $1,218 | +$408 (+33.5%) |
| 1BR | $2,538 | $1,455 | +$1,083 (+74.4%) |
| 1BR | $2,450 | $1,455 | +$995 (+68.4%) |
| 2BR | $4,200 | $1,800 | +$2,400 (+133.3%) |
| 2BR | $3,650 | $1,800 | +$1,850 (+102.8%) |
| 3BR | $6,370 | $2,472 | +$3,898 (+157.7%) |
| 3BR | $6,966 | $2,472 | +$4,494 (+181.8%) |
| 4BR | $4,500 | $2,630 | +$1,870 (+71.1%) |
| 4BR | $4,500 | $2,630 | +$1,870 (+71.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2023.