Monthly Rent Report
Portage Park Rent Report — July 2023
Asking rents in ZIP 60634, Chicago, from 72 listings.
Median 1BR rent in Portage Park was $2,200 in July 2023, up 76.0% (+$950) from June 2023 and up 100.0% year-over-year. The middle half of 1BR listings asked between $2,200 and $2,200. That puts Portage Park $750 above the Chicago citywide 1BR median of $1,450. The month's figures are based on 72 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,250 | −$445 (-26.3%) | −$450 (-26.5%) | $1,225 – $1,300 | 3 |
| Studio | $1,250 | −$445 (-26.3%) | −$450 (-26.5%) | $1,200 – $1,350 | 12 |
| 1BR | $2,200 | +$950 (+76.0%) | +$1,100 (+100.0%) | $2,200 – $2,200 | 1 |
| 1BR | $1,200 | −$50 (-4.0%) | +$100 (+9.1%) | $1,200 – $1,200 | 1 |
| 2BR | $1,650 | +$150 (+10.0%) | −$300 (-15.4%) | $1,650 – $1,650 | 1 |
| 2BR | $1,425 | −$75 (-5.0%) | −$525 (-26.9%) | $1,399 – $1,463 | 4 |
| 3BR | $2,795 | +$400 (+16.7%) | +$400 (+16.7%) | $2,795 – $2,795 | 1 |
| 3BR | $2,179 | −$216 (-9.0%) | −$216 (-9.0%) | $2,158 – $2,395 | 20 |
| 4BR | $2,600 | −$167 (-6.0%) | +$145 (+5.9%) | $2,600 – $2,600 | 2 |
| 4BR | $2,767 | $0 (0.0%) | +$312 (+12.7%) | $2,767 – $2,767 | 5 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Portage Park vs. Chicago — July 2023
| Bedrooms | Portage Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,250 | $1,200 | +$50 (+4.2%) |
| Studio | $1,250 | $1,200 | +$50 (+4.2%) |
| 1BR | $2,200 | $1,450 | +$750 (+51.7%) |
| 1BR | $1,200 | $1,450 | −$250 (-17.2%) |
| 2BR | $1,650 | $1,795 | −$145 (-8.1%) |
| 2BR | $1,425 | $1,795 | −$370 (-20.6%) |
| 3BR | $2,795 | $2,273 | +$523 (+23.0%) |
| 3BR | $2,179 | $2,273 | −$93 (-4.1%) |
| 4BR | $2,600 | $2,709 | −$108 (-4.0%) |
| 4BR | $2,767 | $2,709 | +$59 (+2.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2023.