Monthly Rent Report
Portage Park Rent Report — April 2023
Asking rents in ZIP 60634, Chicago, from 236 listings.
Median 1BR rent in Portage Park was $1,250 in April 2023, up 48.5% (+$408) from March 2023 and up 8.7% year-over-year. The middle half of 1BR listings asked between $1,238 and $1,250. That puts Portage Park $175 below the Chicago citywide 1BR median of $1,425. The month's figures are based on 236 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,750 | −$100 (-5.4%) | +$455 (+35.1%) | $1,750 – $1,750 | 2 |
| Studio | $1,750 | −$100 (-5.4%) | +$455 (+35.1%) | $1,750 – $1,800 | 11 |
| 1BR | $1,250 | +$408 (+48.5%) | +$100 (+8.7%) | $1,238 – $1,250 | 4 |
| 1BR | $1,250 | +$408 (+48.5%) | +$100 (+8.7%) | $1,169 – $2,096 | 28 |
| 2BR | $2,050 | +$175 (+9.3%) | +$500 (+32.3%) | $1,500 – $2,450 | 40 |
| 2BR | $1,325 | −$550 (-29.3%) | −$225 (-14.5%) | $1,325 – $1,325 | 1 |
| 3BR | $2,395 | −$105 (-4.2%) | +$195 (+8.9%) | $2,395 – $2,700 | 74 |
| 3BR | $2,685 | +$185 (+7.4%) | +$485 (+22.0%) | $2,665 – $2,705 | 2 |
| 4BR | $2,594 | +$139 (+5.7%) | +$199 (+8.3%) | $2,594 – $2,594 | 19 |
| 4BR | $2,594 | +$139 (+5.7%) | +$199 (+8.3%) | $2,594 – $2,594 | 19 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Portage Park vs. Chicago — April 2023
| Bedrooms | Portage Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,750 | $1,195 | +$555 (+46.4%) |
| Studio | $1,750 | $1,195 | +$555 (+46.4%) |
| 1BR | $1,250 | $1,425 | −$175 (-12.3%) |
| 1BR | $1,250 | $1,425 | −$175 (-12.3%) |
| 2BR | $2,050 | $1,725 | +$325 (+18.8%) |
| 2BR | $1,325 | $1,725 | −$400 (-23.2%) |
| 3BR | $2,395 | $2,300 | +$95 (+4.1%) |
| 3BR | $2,685 | $2,300 | +$385 (+16.7%) |
| 4BR | $2,594 | $2,597 | −$3 (-0.1%) |
| 4BR | $2,594 | $2,597 | −$3 (-0.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2023.