Monthly Rent Report
Old Town Rent Report — January 2024
Asking rents in ZIP 60610, Chicago, from 344 listings.
Median 1BR rent in Old Town was $2,517 in January 2024, up 2.7% (+$67) from December 2023 and down 35.5% year-over-year. The middle half of 1BR listings asked between $2,517 and $2,517. That puts Old Town $1,000 above the Chicago citywide 1BR median of $1,517. The month's figures are based on 344 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,870 | +$275 (+17.2%) | −$113 (-5.7%) | $1,784 – $1,961 | 8 |
| Studio | $2,199 | +$604 (+37.9%) | +$216 (+10.9%) | $1,790 – $2,444 | 89 |
| 1BR | $2,517 | +$67 (+2.7%) | −$1,383 (-35.5%) | $2,517 – $2,517 | 8 |
| 1BR | $2,095 | −$355 (-14.5%) | −$1,805 (-46.3%) | $1,995 – $2,345 | 5 |
| 2BR | $4,134 | +$484 (+13.3%) | +$1,939 (+88.3%) | $3,375 – $4,941 | 139 |
| 2BR | $3,950 | +$300 (+8.2%) | +$1,755 (+80.0%) | $3,595 – $3,950 | 5 |
| 3BR | $7,125 | +$755 (+11.9%) | +$1,000 (+16.3%) | $4,700 – $10,990 | 57 |
| 3BR | $5,044 | −$1,326 (-20.8%) | −$1,081 (-17.6%) | $4,381 – $5,707 | 2 |
| 4BR | $8,850 | +$4,350 (+96.7%) | −$4,420 (-33.3%) | $8,850 – $8,850 | 1 |
| 4BR | $5,800 | +$1,300 (+28.9%) | −$7,470 (-56.3%) | $4,999 – $12,500 | 13 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Old Town vs. Chicago — January 2024
| Bedrooms | Old Town Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,870 | $1,225 | +$645 (+52.7%) |
| Studio | $2,199 | $1,225 | +$974 (+79.5%) |
| 1BR | $2,517 | $1,517 | +$1,000 (+65.9%) |
| 1BR | $2,095 | $1,517 | +$578 (+38.1%) |
| 2BR | $4,134 | $1,800 | +$2,334 (+129.7%) |
| 2BR | $3,950 | $1,800 | +$2,150 (+119.4%) |
| 3BR | $7,125 | $2,300 | +$4,825 (+209.8%) |
| 3BR | $5,044 | $2,300 | +$2,744 (+119.3%) |
| 4BR | $8,850 | $2,792 | +$6,059 (+217.0%) |
| 4BR | $5,800 | $2,792 | +$3,009 (+107.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2024.