Monthly Rent Report
Portage Park Rent Report — August 2023
Asking rents in ZIP 60634, Chicago, from 36 listings.
Median 1BR rent in Portage Park was $1,100 in August 2023, down 8.3% (−$100) from July 2023 and down 12.0% year-over-year. The middle half of 1BR listings asked between $1,100 and $1,100. That puts Portage Park $420 below the Chicago citywide 1BR median of $1,520. The month's figures are based on 36 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,200 | −$50 (-4.0%) | — | $1,200 – $1,200 | 2 |
| Studio | $1,250 | $0 (0.0%) | — | $1,225 – $1,300 | 3 |
| 1BR | $1,100 | −$100 (-8.3%) | −$150 (-12.0%) | $1,100 – $1,100 | 1 |
| 1BR | $2,300 | +$1,100 (+91.7%) | +$1,050 (+84.0%) | $2,300 – $2,300 | 2 |
| 2BR | $2,000 | +$350 (+21.2%) | +$1,150 (+135.3%) | $2,000 – $2,000 | 3 |
| 2BR | $2,100 | +$450 (+27.3%) | +$1,250 (+147.1%) | $2,100 – $2,100 | 1 |
| 3BR | $2,277 | +$98 (+4.5%) | −$118 (-4.9%) | $2,158 – $2,395 | 12 |
| 3BR | $2,795 | +$616 (+28.3%) | +$400 (+16.7%) | $2,795 – $2,795 | 1 |
| 4BR | $1,780 | −$987 (-35.7%) | −$675 (-27.5%) | $1,780 – $1,780 | 1 |
| 4BR | $2,767 | $0 (0.0%) | +$312 (+12.7%) | $2,767 – $2,813 | 4 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Portage Park vs. Chicago — August 2023
| Bedrooms | Portage Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,200 | $1,250 | −$50 (-4.0%) |
| Studio | $1,250 | $1,250 | $0 (0.0%) |
| 1BR | $1,100 | $1,520 | −$420 (-27.6%) |
| 1BR | $2,300 | $1,520 | +$780 (+51.3%) |
| 2BR | $2,000 | $1,808 | +$193 (+10.7%) |
| 2BR | $2,100 | $1,808 | +$293 (+16.2%) |
| 3BR | $2,277 | $2,395 | −$118 (-4.9%) |
| 3BR | $2,795 | $2,395 | +$400 (+16.7%) |
| 4BR | $1,780 | $2,692 | −$912 (-33.9%) |
| 4BR | $2,767 | $2,692 | +$75 (+2.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2023.