Monthly Rent Report
Portage Park Rent Report — October 2023
Asking rents in ZIP 60634, Chicago, from 142 listings.
Median 1BR rent in Portage Park was $2,300 in October 2023, up 121.7% (+$1,263) from September 2023 and up 4.5% year-over-year. The middle half of 1BR listings asked between $2,300 and $2,300. That puts Portage Park $825 above the Chicago citywide 1BR median of $1,475. The month's figures are based on 142 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,250 | $0 (0.0%) | −$600 (-32.4%) | $1,200 – $1,350 | 19 |
| Studio | $1,250 | $0 (0.0%) | −$600 (-32.4%) | $1,200 – $1,350 | 17 |
| 1BR | $2,300 | +$1,263 (+121.7%) | +$100 (+4.5%) | $2,300 – $2,300 | 1 |
| 1BR | $1,100 | +$63 (+6.0%) | −$1,100 (-50.0%) | $1,100 – $1,100 | 1 |
| 2BR | $1,800 | +$250 (+16.1%) | +$900 (+100.0%) | $1,650 – $2,200 | 19 |
| 2BR | $1,775 | +$225 (+14.5%) | +$875 (+97.2%) | $1,595 – $1,950 | 60 |
| 3BR | $3,900 | +$1,505 (+62.8%) | +$2,250 (+136.4%) | $3,900 – $3,900 | 1 |
| 3BR | $3,000 | +$605 (+25.3%) | +$1,350 (+81.8%) | $2,750 – $3,250 | 2 |
| 4BR | $1,680 | −$1,354 (-44.6%) | −$1,570 (-48.3%) | $1,680 – $1,680 | 1 |
| 4BR | $2,650 | −$384 (-12.7%) | −$600 (-18.5%) | $2,650 – $2,650 | 5 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Portage Park vs. Chicago — October 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 | $2,300 | $1,475 | +$825 (+55.9%) |
| 1BR | $1,100 | $1,475 | −$375 (-25.4%) |
| 2BR | $1,800 | $1,800 | $0 (0.0%) |
| 2BR | $1,775 | $1,800 | −$25 (-1.4%) |
| 3BR | $3,900 | $2,450 | +$1,450 (+59.2%) |
| 3BR | $3,000 | $2,450 | +$550 (+22.4%) |
| 4BR | $1,680 | $2,575 | −$895 (-34.8%) |
| 4BR | $2,650 | $2,575 | +$75 (+2.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2023.