Monthly Rent Report
Old Town Rent Report — March 2024
Asking rents in ZIP 60610, Chicago, from 2,397 listings.
Median 1BR rent in Old Town was $2,508 in March 2024, up 12.8% (+$285) from February 2024 and up 1.1% year-over-year. The middle half of 1BR listings asked between $2,195 and $3,165. That puts Old Town $1,003 above the Chicago citywide 1BR median of $1,505. The month's figures are based on 2,397 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,105 | +$510 (+32.0%) | +$443 (+26.7%) | $1,740 – $2,285 | 595 |
| Studio | $1,600 | +$5 (+0.3%) | −$62 (-3.7%) | $1,600 – $1,799 | 3 |
| 1BR | $2,508 | +$285 (+12.8%) | +$29 (+1.1%) | $2,195 – $3,165 | 6 |
| 1BR | $2,663 | +$441 (+19.8%) | +$184 (+7.4%) | $2,413 – $2,999 | 990 |
| 2BR | $4,200 | +$250 (+6.3%) | +$651 (+18.3%) | $3,399 – $4,601 | 573 |
| 2BR | $3,350 | −$600 (-15.2%) | −$199 (-5.6%) | $3,073 – $3,638 | 7 |
| 3BR | $4,584 | −$1,915 (-29.5%) | −$952 (-17.2%) | $3,705 – $6,065 | 6 |
| 3BR | $6,499 | $0 (0.0%) | +$963 (+17.4%) | $4,948 – $8,500 | 180 |
| 4BR | $7,562 | +$786 (+11.6%) | −$1,438 (-16.0%) | $6,918 – $8,206 | 2 |
| 4BR | $8,850 | +$2,074 (+30.6%) | −$150 (-1.7%) | $7,044 – $10,200 | 12 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Old Town vs. Chicago — March 2024
| Bedrooms | Old Town Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,105 | $1,225 | +$880 (+71.8%) |
| Studio | $1,600 | $1,225 | +$375 (+30.6%) |
| 1BR | $2,508 | $1,505 | +$1,003 (+66.7%) |
| 1BR | $2,663 | $1,505 | +$1,159 (+77.0%) |
| 2BR | $4,200 | $1,900 | +$2,300 (+121.1%) |
| 2BR | $3,350 | $1,900 | +$1,450 (+76.3%) |
| 3BR | $4,584 | $2,250 | +$2,334 (+103.7%) |
| 3BR | $6,499 | $2,250 | +$4,249 (+188.8%) |
| 4BR | $7,562 | $2,650 | +$4,912 (+185.4%) |
| 4BR | $8,850 | $2,650 | +$6,200 (+234.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2024.