Monthly Rent Report
Old Town Rent Report — July 2024
Asking rents in ZIP 60610, Chicago, from 655 listings.
Median 1BR rent in Old Town was $2,474 in July 2024, down 10.1% (−$276) from June 2024 and up 20.7% year-over-year. The middle half of 1BR listings asked between $2,272 and $2,604. That puts Old Town $914 above the Chicago citywide 1BR median of $1,560. The month's figures are based on 655 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,059 | +$12 (+0.6%) | +$174 (+9.2%) | $1,685 – $2,323 | 487 |
| Studio | $1,845 | −$202 (-9.9%) | −$40 (-2.1%) | $1,830 – $1,860 | 2 |
| 1BR | $2,474 | −$276 (-10.1%) | +$424 (+20.7%) | $2,272 – $2,604 | 12 |
| 1BR | $2,995 | +$245 (+8.9%) | +$945 (+46.1%) | $2,995 – $2,995 | 1 |
| 2BR | $3,350 | +$293 (+9.6%) | −$764 (-18.6%) | $3,084 – $3,650 | 6 |
| 2BR | $3,523 | +$465 (+15.2%) | −$591 (-14.4%) | $3,509 – $3,536 | 2 |
| 3BR | $4,850 | −$1,234 (-20.3%) | −$650 (-11.8%) | $4,775 – $4,925 | 2 |
| 3BR | $6,990 | +$906 (+14.9%) | +$1,490 (+27.1%) | $5,944 – $8,473 | 134 |
| 4BR | $8,750 | $0 (0.0%) | +$2,250 (+34.6%) | $8,750 – $8,750 | 1 |
| 4BR | $6,850 | −$1,900 (-21.7%) | +$350 (+5.4%) | $5,650 – $7,875 | 7 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Old Town vs. Chicago — July 2024
| Bedrooms | Old Town Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,059 | $1,218 | +$841 (+69.0%) |
| Studio | $1,845 | $1,218 | +$627 (+51.4%) |
| 1BR | $2,474 | $1,560 | +$914 (+58.6%) |
| 1BR | $2,995 | $1,560 | +$1,435 (+92.0%) |
| 2BR | $3,350 | $1,805 | +$1,545 (+85.6%) |
| 2BR | $3,523 | $1,805 | +$1,718 (+95.2%) |
| 3BR | $4,850 | $2,363 | +$2,488 (+105.3%) |
| 3BR | $6,990 | $2,363 | +$4,628 (+195.9%) |
| 4BR | $8,750 | $2,789 | +$5,961 (+213.7%) |
| 4BR | $6,850 | $2,789 | +$4,061 (+145.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2024.