Monthly Rent Report
Portage Park Rent Report — July 2024
Asking rents in ZIP 60634, Chicago, from 135 listings.
Median 1BR rent in Portage Park was $1,225 in July 2024, down 18.2% (−$272) from June 2024 and up 2.1% year-over-year. The middle half of 1BR listings asked between $1,225 and $1,225. That puts Portage Park $335 below the Chicago citywide 1BR median of $1,560. The month's figures are based on 135 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,200 | +$75 (+6.7%) | −$50 (-4.0%) | $1,200 – $1,225 | 3 |
| Studio | $1,200 | +$75 (+6.7%) | −$50 (-4.0%) | $1,200 – $1,200 | 3 |
| 1BR | $1,225 | −$272 (-18.2%) | +$25 (+2.1%) | $1,225 – $1,225 | 1 |
| 1BR | $1,200 | −$297 (-19.9%) | $0 (0.0%) | $1,200 – $1,200 | 1 |
| 2BR | $2,246 | $0 (0.0%) | +$821 (+57.6%) | $1,973 – $2,450 | 39 |
| 2BR | $2,000 | −$246 (-11.0%) | +$575 (+40.4%) | $2,000 – $2,000 | 1 |
| 3BR | $2,395 | −$555 (-18.8%) | +$216 (+9.9%) | $2,310 – $2,395 | 52 |
| 3BR | $1,500 | −$1,450 (-49.2%) | −$679 (-31.2%) | $1,500 – $1,500 | 1 |
| 4BR | $3,300 | +$480 (+17.0%) | +$533 (+19.3%) | $3,300 – $3,300 | 1 |
| 4BR | $3,065 | +$245 (+8.7%) | +$298 (+10.8%) | $3,065 – $3,065 | 14 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Portage Park vs. Chicago — July 2024
| Bedrooms | Portage Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,200 | $1,218 | −$18 (-1.5%) |
| Studio | $1,200 | $1,218 | −$18 (-1.5%) |
| 1BR | $1,225 | $1,560 | −$335 (-21.5%) |
| 1BR | $1,200 | $1,560 | −$360 (-23.1%) |
| 2BR | $2,246 | $1,805 | +$441 (+24.4%) |
| 2BR | $2,000 | $1,805 | +$195 (+10.8%) |
| 3BR | $2,395 | $2,363 | +$33 (+1.4%) |
| 3BR | $1,500 | $2,363 | −$862 (-36.5%) |
| 4BR | $3,300 | $2,789 | +$511 (+18.3%) |
| 4BR | $3,065 | $2,789 | +$276 (+9.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2024.