Monthly Rent Report

Portage Park Rent Report — June 2024

Asking rents in ZIP 60634, Chicago, from 125 listings.

Median 1BR rent in Portage Park was $1,498 in June 2024, up 36.1% (+$398) from May 2024 and up 19.8% year-over-year. The middle half of 1BR listings asked between $1,346 and $1,649. That puts Portage Park in line with the Chicago citywide 1BR median of $1,499. The month's figures are based on 125 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. May 2024Vs. June 2023P25–P75 RangeListings
Studio$1,150−$75 (-6.1%)−$545 (-32.2%)$1,125 – $1,1503
Studio$1,125−$100 (-8.2%)−$570 (-33.6%)$1,038 – $1,1634
1BR$1,498+$398 (+36.1%)+$248 (+19.8%)$1,346 – $1,6492
1BR$1,285+$185 (+16.8%)+$35 (+2.8%)$1,195 – $1,35041
2BR$2,246+$671 (+42.6%)+$746 (+49.7%)$2,246 – $2,2465
2BR$2,450+$875 (+55.6%)+$950 (+63.3%)$2,450 – $2,4501
3BR$2,950+$555 (+23.2%)+$555 (+23.2%)$2,950 – $2,9501
3BR$2,620+$225 (+9.4%)+$225 (+9.4%)$2,620 – $2,6201
4BR$2,820$0 (0.0%)+$53 (+1.9%)$2,820 – $2,8201
4BR$2,820$0 (0.0%)+$53 (+1.9%)$2,815 – $3,06532

Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.

Portage Park vs. ChicagoJune 2024

BedroomsPortage Park MedianChicago Citywide MedianDifference
Studio$1,150$1,149+$1 (+0.1%)
Studio$1,125$1,149−$24 (-2.1%)
1BR$1,498$1,499−$1 (-0.1%)
1BR$1,285$1,499−$214 (-14.3%)
2BR$2,246$1,899+$347 (+18.3%)
2BR$2,450$1,899+$551 (+29.0%)
3BR$2,950$2,395+$555 (+23.2%)
3BR$2,620$2,395+$225 (+9.4%)
4BR$2,820$2,698+$123 (+4.5%)
4BR$2,820$2,698+$123 (+4.5%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2024.

Advertisement