Monthly Rent Report
Old Town Rent Report — February 2024
Asking rents in ZIP 60610, Chicago, from 1,898 listings.
Median 1BR rent in Old Town was $2,653 in February 2024, up 26.6% (+$558) from January 2024 and up 36.4% year-over-year. The middle half of 1BR listings asked between $2,301 and $3,002. That puts Old Town $1,153 above the Chicago citywide 1BR median of $1,500. The month's figures are based on 1,898 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,595 | −$275 (-14.7%) | −$205 (-11.4%) | $1,595 – $1,595 | 1 |
| Studio | $1,959 | +$89 (+4.8%) | +$159 (+8.8%) | $1,650 – $2,225 | 395 |
| 1BR | $2,653 | +$558 (+26.6%) | +$708 (+36.4%) | $2,301 – $3,002 | 808 |
| 1BR | $2,223 | +$128 (+6.1%) | +$278 (+14.3%) | $2,095 – $2,361 | 8 |
| 2BR | $3,950 | $0 (0.0%) | +$548 (+16.1%) | $3,301 – $4,758 | 483 |
| 2BR | $3,950 | $0 (0.0%) | +$548 (+16.1%) | $3,350 – $4,756 | 5 |
| 3BR | $5,572 | +$528 (+10.5%) | −$123 (-2.2%) | $4,642 – $6,502 | 2 |
| 3BR | $6,499 | +$1,455 (+28.8%) | +$804 (+14.1%) | $4,965 – $7,998 | 171 |
| 4BR | $6,776 | +$976 (+16.8%) | −$4,124 (-37.8%) | $6,776 – $6,776 | 1 |
| 4BR | $6,400 | +$600 (+10.3%) | −$4,500 (-41.3%) | $4,999 – $9,113 | 14 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Old Town vs. Chicago — February 2024
| Bedrooms | Old Town Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,595 | $1,211 | +$384 (+31.7%) |
| Studio | $1,959 | $1,211 | +$748 (+61.7%) |
| 1BR | $2,653 | $1,500 | +$1,153 (+76.8%) |
| 1BR | $2,223 | $1,500 | +$723 (+48.2%) |
| 2BR | $3,950 | $1,813 | +$2,138 (+117.9%) |
| 2BR | $3,950 | $1,813 | +$2,138 (+117.9%) |
| 3BR | $5,572 | $2,300 | +$3,272 (+142.3%) |
| 3BR | $6,499 | $2,300 | +$4,199 (+182.6%) |
| 4BR | $6,776 | $2,792 | +$3,985 (+142.7%) |
| 4BR | $6,400 | $2,792 | +$3,609 (+129.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2024.