Monthly Rent Report
Portage Park Rent Report — September 2023
Asking rents in ZIP 60634, Chicago, from 38 listings.
Median 1BR rent in Portage Park was $1,038 in September 2023, down 54.9% (−$1,262) from August 2023 and down 52.8% year-over-year. The middle half of 1BR listings asked between $956 and $1,119. That puts Portage Park $413 below the Chicago citywide 1BR median of $1,450. The month's figures are based on 38 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,250 | +$50 (+4.2%) | −$600 (-32.4%) | $1,225 – $1,300 | 3 |
| 1BR | $1,038 | −$1,262 (-54.9%) | −$1,162 (-52.8%) | $956 – $1,119 | 2 |
| 1BR | $1,200 | −$1,100 (-47.8%) | −$1,000 (-45.5%) | $1,150 – $1,250 | 3 |
| 2BR | $1,700 | −$400 (-19.0%) | +$200 (+13.3%) | $1,625 – $1,725 | 3 |
| 2BR | $1,550 | −$550 (-26.2%) | +$50 (+3.3%) | $1,550 – $1,550 | 1 |
| 3BR | $2,158 | −$118 (-5.2%) | −$792 (-26.8%) | $2,044 – $2,158 | 12 |
| 3BR | $2,395 | +$119 (+5.2%) | −$555 (-18.8%) | $2,158 – $2,395 | 10 |
| 4BR | $3,034 | +$1,254 (+70.4%) | +$34 (+1.1%) | $3,034 – $3,034 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Portage Park vs. Chicago — September 2023
| Bedrooms | Portage Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,250 | $1,238 | +$13 (+1.0%) |
| 1BR | $1,038 | $1,450 | −$412 (-28.4%) |
| 1BR | $1,200 | $1,450 | −$250 (-17.2%) |
| 2BR | $1,700 | $1,738 | −$37 (-2.2%) |
| 2BR | $1,550 | $1,738 | −$187 (-10.8%) |
| 3BR | $2,158 | $2,327 | −$169 (-7.3%) |
| 3BR | $2,395 | $2,327 | +$68 (+2.9%) |
| 4BR | $3,034 | $2,783 | +$251 (+9.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2023.