Monthly Rent Report
Portage Park Rent Report — January 2024
Asking rents in ZIP 60634, Chicago, from 106 listings.
Median 1BR rent in Portage Park was $1,325 in January 2024, up 15.2% (+$175) from December 2023 and up 6.0% year-over-year. The middle half of 1BR listings asked between $1,325 and $1,325. That puts Portage Park $192 below the Chicago citywide 1BR median of $1,517. The month's figures are based on 106 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $995 | +$100 (+11.2%) | −$855 (-46.2%) | $995 – $995 | 2 |
| Studio | $995 | +$100 (+11.2%) | −$855 (-46.2%) | $995 – $995 | 2 |
| 1BR | $1,325 | +$175 (+15.2%) | +$75 (+6.0%) | $1,325 – $1,325 | 1 |
| 1BR | $1,325 | +$175 (+15.2%) | +$75 (+6.0%) | $1,238 – $1,325 | 3 |
| 2BR | $1,800 | +$150 (+9.1%) | −$47 (-2.6%) | $1,800 – $1,800 | 1 |
| 2BR | $1,895 | +$245 (+14.8%) | +$48 (+2.6%) | $1,550 – $2,150 | 21 |
| 3BR | $2,277 | −$368 (-13.9%) | −$118 (-4.9%) | $2,100 – $2,395 | 22 |
| 3BR | $1,895 | −$750 (-28.4%) | −$500 (-20.9%) | $1,895 – $1,895 | 2 |
| 4BR | $2,820 | $0 (0.0%) | +$1,420 (+101.4%) | $2,820 – $2,820 | 21 |
| 4BR | $2,820 | $0 (0.0%) | +$1,420 (+101.4%) | $2,820 – $2,820 | 5 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Portage Park vs. Chicago — January 2024
| Bedrooms | Portage Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $995 | $1,225 | −$230 (-18.8%) |
| Studio | $995 | $1,225 | −$230 (-18.8%) |
| 1BR | $1,325 | $1,517 | −$192 (-12.7%) |
| 1BR | $1,325 | $1,517 | −$192 (-12.7%) |
| 2BR | $1,800 | $1,800 | $0 (0.0%) |
| 2BR | $1,895 | $1,800 | +$95 (+5.3%) |
| 3BR | $2,277 | $2,300 | −$23 (-1.0%) |
| 3BR | $1,895 | $2,300 | −$405 (-17.6%) |
| 4BR | $2,820 | $2,792 | +$29 (+1.0%) |
| 4BR | $2,820 | $2,792 | +$29 (+1.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2024.