Monthly Rent Report
Portage Park Rent Report — December 2023
Asking rents in ZIP 60634, Chicago, from 88 listings.
Median 1BR rent in Portage Park was $1,150 in December 2023, down 4.2% (−$50) from November 2023 and down 47.7% year-over-year. The middle half of 1BR listings asked between $1,150 and $1,150. That puts Portage Park $305 below the Chicago citywide 1BR median of $1,455. The month's figures are based on 88 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $895 | −$355 (-28.4%) | −$300 (-25.1%) | $895 – $895 | 1 |
| Studio | $895 | −$355 (-28.4%) | −$300 (-25.1%) | $895 – $895 | 1 |
| 1BR | $1,150 | −$50 (-4.2%) | −$1,050 (-47.7%) | $1,150 – $1,150 | 1 |
| 1BR | $1,450 | +$250 (+20.8%) | −$750 (-34.1%) | $1,275 – $2,113 | 20 |
| 2BR | $1,650 | −$400 (-19.5%) | +$50 (+3.1%) | $1,650 – $1,650 | 4 |
| 2BR | $1,500 | −$550 (-26.8%) | −$100 (-6.3%) | $1,500 – $1,500 | 1 |
| 3BR | $2,200 | −$445 (-16.8%) | $0 (0.0%) | $2,050 – $2,650 | 3 |
| 3BR | $2,645 | $0 (0.0%) | +$445 (+20.2%) | $2,645 – $2,645 | 1 |
| 4BR | $2,820 | +$53 (+1.9%) | +$365 (+14.9%) | $2,820 – $2,820 | 5 |
| 4BR | $2,767 | $0 (0.0%) | +$312 (+12.7%) | $2,767 – $2,820 | 21 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Portage Park vs. Chicago — December 2023
| Bedrooms | Portage Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $895 | $1,218 | −$322 (-26.5%) |
| Studio | $895 | $1,218 | −$322 (-26.5%) |
| 1BR | $1,150 | $1,455 | −$305 (-21.0%) |
| 1BR | $1,450 | $1,455 | −$5 (-0.3%) |
| 2BR | $1,650 | $1,800 | −$150 (-8.3%) |
| 2BR | $1,500 | $1,800 | −$300 (-16.7%) |
| 3BR | $2,200 | $2,472 | −$272 (-11.0%) |
| 3BR | $2,645 | $2,472 | +$173 (+7.0%) |
| 4BR | $2,820 | $2,630 | +$190 (+7.2%) |
| 4BR | $2,767 | $2,630 | +$137 (+5.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2023.