Monthly Rent Report
Old Town Rent Report — December 2024
Asking rents in ZIP 60610, Chicago, from 104 listings.
Median 1BR rent in Old Town was $2,500 in December 2024, down 5.7% (−$150) from November 2024 and down 1.5% year-over-year. The middle half of 1BR listings asked between $2,425 and $2,502. That puts Old Town $850 above the Chicago citywide 1BR median of $1,650. The month's figures are based on 104 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,598 | −$387 (-19.5%) | −$27 (-1.7%) | $1,408 – $1,989 | 20 |
| Studio | $1,935 | −$50 (-2.5%) | +$310 (+19.1%) | $1,915 – $1,955 | 2 |
| 1BR | $2,500 | −$150 (-5.7%) | −$37 (-1.5%) | $2,425 – $2,502 | 5 |
| 1BR | $2,324 | −$326 (-12.3%) | −$214 (-8.4%) | $2,238 – $2,461 | 36 |
| 2BR | $3,567 | −$33 (-0.9%) | −$633 (-15.1%) | $3,400 – $3,733 | 2 |
| 2BR | $3,483 | −$117 (-3.3%) | −$717 (-17.1%) | $3,368 – $3,747 | 27 |
| 3BR | $4,305 | +$1,405 (+48.4%) | −$2,065 (-32.4%) | $4,305 – $4,305 | 1 |
| 3BR | $5,240 | +$2,340 (+80.7%) | −$1,130 (-17.7%) | $4,500 – $5,398 | 7 |
| 4BR | $2,400 | −$5,300 (-68.8%) | −$2,100 (-46.7%) | $2,400 – $2,400 | 1 |
| 4BR | $8,995 | +$1,295 (+16.8%) | +$4,495 (+99.9%) | $8,995 – $8,995 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Old Town vs. Chicago — December 2024
| Bedrooms | Old Town Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,598 | $1,385 | +$213 (+15.3%) |
| Studio | $1,935 | $1,385 | +$550 (+39.7%) |
| 1BR | $2,500 | $1,650 | +$850 (+51.5%) |
| 1BR | $2,324 | $1,650 | +$674 (+40.8%) |
| 2BR | $3,567 | $1,953 | +$1,614 (+82.7%) |
| 2BR | $3,483 | $1,953 | +$1,531 (+78.4%) |
| 3BR | $4,305 | $2,395 | +$1,910 (+79.7%) |
| 3BR | $5,240 | $2,395 | +$2,845 (+118.8%) |
| 4BR | $2,400 | $2,850 | −$450 (-15.8%) |
| 4BR | $8,995 | $2,850 | +$6,145 (+215.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2024.