Monthly Rent Report
Portage Park Rent Report — March 2024
Asking rents in ZIP 60634, Chicago, from 169 listings.
Median 1BR rent in Portage Park was $1,200 in March 2024, down 11.1% (−$150) from February 2024 and down 29.3% year-over-year. The middle half of 1BR listings asked between $1,125 and $1,300. That puts Portage Park $305 below the Chicago citywide 1BR median of $1,505. The month's figures are based on 169 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,200 | +$5 (+0.4%) | −$650 (-35.1%) | $1,195 – $1,250 | 10 |
| Studio | $1,200 | +$5 (+0.4%) | −$650 (-35.1%) | $1,195 – $1,250 | 9 |
| 1BR | $1,200 | −$150 (-11.1%) | −$497 (-29.3%) | $1,125 – $1,300 | 19 |
| 1BR | $1,250 | −$100 (-7.4%) | −$447 (-26.4%) | $1,250 – $1,250 | 1 |
| 2BR | $2,396 | +$1,021 (+74.3%) | +$521 (+27.8%) | $2,292 – $2,500 | 4 |
| 2BR | $1,700 | +$325 (+23.6%) | −$175 (-9.3%) | $1,573 – $2,000 | 59 |
| 3BR | $1,850 | −$350 (-15.9%) | −$650 (-26.0%) | $1,850 – $1,850 | 1 |
| 3BR | $2,100 | −$100 (-4.5%) | −$400 (-16.0%) | $2,100 – $2,100 | 8 |
| 4BR | $2,820 | $0 (0.0%) | +$20 (+0.7%) | $2,820 – $2,820 | 21 |
| 4BR | $2,820 | $0 (0.0%) | +$20 (+0.7%) | $2,820 – $2,820 | 11 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Portage Park vs. Chicago — March 2024
| Bedrooms | Portage Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,200 | $1,225 | −$25 (-2.0%) |
| Studio | $1,200 | $1,225 | −$25 (-2.0%) |
| 1BR | $1,200 | $1,505 | −$304 (-20.2%) |
| 1BR | $1,250 | $1,505 | −$254 (-16.9%) |
| 2BR | $2,396 | $1,900 | +$496 (+26.1%) |
| 2BR | $1,700 | $1,900 | −$200 (-10.5%) |
| 3BR | $1,850 | $2,250 | −$400 (-17.8%) |
| 3BR | $2,100 | $2,250 | −$150 (-6.7%) |
| 4BR | $2,820 | $2,650 | +$170 (+6.4%) |
| 4BR | $2,820 | $2,650 | +$170 (+6.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2024.