Monthly Rent Report
Old Town Rent Report — September 2024
Asking rents in ZIP 60610, Chicago, from 33 listings.
Median 1BR rent in Old Town was $2,372 in September 2024, up 0.8% (+$19) from August 2024 and down 12.5% year-over-year. The middle half of 1BR listings asked between $1,974 and $2,596. That puts Old Town $877 above the Chicago citywide 1BR median of $1,495. The month's figures are based on 33 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,854 | −$209 (-10.1%) | +$47 (+2.6%) | $1,854 – $1,854 | 1 |
| 1BR | $2,372 | +$19 (+0.8%) | −$338 (-12.5%) | $1,974 – $2,596 | 4 |
| 1BR | $2,275 | −$78 (-3.3%) | −$435 (-16.1%) | $2,275 – $2,275 | 1 |
| 2BR | $2,800 | −$306 (-9.9%) | −$600 (-17.6%) | $2,800 – $2,800 | 1 |
| 2BR | $3,350 | +$244 (+7.9%) | −$50 (-1.5%) | $3,350 – $3,350 | 1 |
| 3BR | $3,995 | −$1,080 (-21.3%) | −$1,354 (-25.3%) | $3,995 – $3,995 | 1 |
| 4BR | $7,000 | −$1,500 (-17.6%) | +$1,844 (+35.8%) | $6,500 – $9,575 | 23 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Old Town vs. Chicago — September 2024
| Bedrooms | Old Town Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,854 | $1,195 | +$659 (+55.1%) |
| 1BR | $2,372 | $1,495 | +$877 (+58.6%) |
| 1BR | $2,275 | $1,495 | +$780 (+52.2%) |
| 2BR | $2,800 | $1,843 | +$958 (+52.0%) |
| 2BR | $3,350 | $1,843 | +$1,508 (+81.8%) |
| 3BR | $3,995 | $2,350 | +$1,645 (+70.0%) |
| 4BR | $7,000 | $2,750 | +$4,250 (+154.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2024.