Monthly Rent Report
Old Town Rent Report — April 2024
Asking rents in ZIP 60610, Chicago, from 2,102 listings.
Median 1BR rent in Old Town was $2,562 in April 2024, down 3.8% (−$101) from March 2024 and up 22.0% year-over-year. The middle half of 1BR listings asked between $2,481 and $2,644. That puts Old Town $1,062 above the Chicago citywide 1BR median of $1,500. The month's figures are based on 2,102 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,740 | +$140 (+8.7%) | +$115 (+7.0%) | $1,670 – $1,809 | 2 |
| Studio | $2,171 | +$571 (+35.7%) | +$546 (+33.6%) | $1,719 – $2,420 | 564 |
| 1BR | $2,562 | −$101 (-3.8%) | +$462 (+22.0%) | $2,481 – $2,644 | 2 |
| 1BR | $2,720 | +$57 (+2.1%) | +$620 (+29.5%) | $2,306 – $3,089 | 802 |
| 2BR | $4,071 | +$721 (+21.5%) | +$871 (+27.2%) | $3,350 – $4,700 | 525 |
| 2BR | $3,575 | +$225 (+6.7%) | +$375 (+11.7%) | $3,248 – $3,725 | 4 |
| 3BR | $5,565 | +$981 (+21.4%) | +$315 (+6.0%) | $4,648 – $7,069 | 159 |
| 3BR | $5,300 | +$716 (+15.6%) | +$50 (+1.0%) | $5,300 – $5,300 | 1 |
| 4BR | $4,495 | −$4,355 (-49.2%) | +$1,545 (+52.4%) | $4,495 – $4,495 | 1 |
| 4BR | $5,975 | −$2,875 (-32.5%) | +$3,025 (+102.5%) | $4,800 – $9,000 | 31 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
Old Town vs. Chicago — April 2024
| Bedrooms | Old Town Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,740 | $1,222 | +$518 (+42.3%) |
| Studio | $2,171 | $1,222 | +$949 (+77.7%) |
| 1BR | $2,562 | $1,500 | +$1,062 (+70.8%) |
| 1BR | $2,720 | $1,500 | +$1,220 (+81.3%) |
| 2BR | $4,071 | $1,850 | +$2,221 (+120.1%) |
| 2BR | $3,575 | $1,850 | +$1,725 (+93.2%) |
| 3BR | $5,565 | $2,300 | +$3,265 (+142.0%) |
| 3BR | $5,300 | $2,300 | +$3,000 (+130.4%) |
| 4BR | $4,495 | $2,800 | +$1,695 (+60.5%) |
| 4BR | $5,975 | $2,800 | +$3,175 (+113.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2024.