Monthly Rent Report
Portage Park Rent Report — February 2024
Asking rents in ZIP 60634, Chicago, from 215 listings.
Median 1BR rent in Portage Park was $1,350 in February 2024, up 1.9% (+$25) from January 2024 and down 35.6% year-over-year. The middle half of 1BR listings asked between $1,350 and $1,350. That puts Portage Park $150 below the Chicago citywide 1BR median of $1,500. The month's figures are based on 215 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,200 | +$205 (+20.6%) | −$650 (-35.1%) | $1,195 – $1,225 | 7 |
| Studio | $1,195 | +$200 (+20.1%) | −$655 (-35.4%) | $1,195 – $1,195 | 3 |
| 1BR | $1,350 | +$25 (+1.9%) | −$745 (-35.6%) | $1,350 – $1,350 | 1 |
| 1BR | $1,150 | −$175 (-13.2%) | −$945 (-45.1%) | $1,100 – $1,350 | 20 |
| 2BR | $1,375 | −$425 (-23.6%) | +$25 (+1.9%) | $1,375 – $1,375 | 1 |
| 2BR | $1,895 | +$95 (+5.3%) | +$545 (+40.4%) | $1,525 – $2,050 | 64 |
| 3BR | $2,200 | −$76 (-3.4%) | −$525 (-19.3%) | $2,200 – $2,200 | 1 |
| 3BR | $2,300 | +$24 (+1.0%) | −$425 (-15.6%) | $2,200 – $2,395 | 73 |
| 4BR | $2,820 | $0 (0.0%) | +$365 (+14.9%) | $2,820 – $2,820 | 17 |
| 4BR | $2,750 | −$70 (-2.5%) | +$295 (+12.0%) | $2,750 – $2,750 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Portage Park vs. Chicago — February 2024
| Bedrooms | Portage Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,200 | $1,211 | −$11 (-0.9%) |
| Studio | $1,195 | $1,211 | −$16 (-1.3%) |
| 1BR | $1,350 | $1,500 | −$150 (-10.0%) |
| 1BR | $1,150 | $1,500 | −$350 (-23.3%) |
| 2BR | $1,375 | $1,813 | −$437 (-24.1%) |
| 2BR | $1,895 | $1,813 | +$83 (+4.6%) |
| 3BR | $2,200 | $2,300 | −$100 (-4.3%) |
| 3BR | $2,300 | $2,300 | $0 (0.0%) |
| 4BR | $2,820 | $2,792 | +$29 (+1.0%) |
| 4BR | $2,750 | $2,792 | −$41 (-1.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2024.