Monthly Rent Report
Old Town Rent Report — October 2024
Asking rents in ZIP 60610, Chicago, from 88 listings.
Median 1BR rent in Old Town was $2,120 in October 2024, down 10.6% (−$252) from September 2024 and down 11.9% year-over-year. The middle half of 1BR listings asked between $1,965 and $2,433. That puts Old Town $683 above the Chicago citywide 1BR median of $1,437. The month's figures are based on 88 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,970 | +$116 (+6.3%) | +$575 (+41.2%) | $1,923 – $2,158 | 3 |
| Studio | $1,730 | −$124 (-6.7%) | +$335 (+24.0%) | $1,225 – $1,821 | 16 |
| 1BR | $2,120 | −$252 (-10.6%) | −$286 (-11.9%) | $1,965 – $2,433 | 6 |
| 1BR | $2,295 | −$76 (-3.2%) | −$111 (-4.6%) | $2,000 – $2,400 | 28 |
| 2BR | $3,100 | +$300 (+10.7%) | −$1,100 (-26.2%) | $2,888 – $3,800 | 21 |
| 2BR | $3,367 | +$567 (+20.3%) | −$833 (-19.8%) | $3,351 – $3,384 | 2 |
| 3BR | $3,400 | −$595 (-14.9%) | −$300 (-8.1%) | $3,400 – $3,400 | 1 |
| 4BR | $10,200 | +$3,200 (+45.7%) | +$1,350 (+15.3%) | $10,200 – $10,600 | 4 |
| 4BR | $13,500 | +$6,500 (+92.9%) | +$4,650 (+52.5%) | $8,625 – $14,625 | 6 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
Old Town vs. Chicago — October 2024
| Bedrooms | Old Town Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,970 | $1,298 | +$673 (+51.8%) |
| Studio | $1,730 | $1,298 | +$433 (+33.3%) |
| 1BR | $2,120 | $1,437 | +$683 (+47.5%) |
| 1BR | $2,295 | $1,437 | +$859 (+59.8%) |
| 2BR | $3,100 | $1,770 | +$1,331 (+75.2%) |
| 2BR | $3,367 | $1,770 | +$1,598 (+90.3%) |
| 3BR | $3,400 | $2,305 | +$1,095 (+47.5%) |
| 4BR | $10,200 | $2,995 | +$7,205 (+240.6%) |
| 4BR | $13,500 | $2,995 | +$10,505 (+350.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2024.