Monthly Rent Report
Portage Park Rent Report — August 2024
Asking rents in ZIP 60634, Chicago, from 13 listings.
Median 1BR rent in Portage Park was $1,425 in August 2024, up 18.8% (+$225) from July 2024 and up 29.5% year-over-year. The middle half of 1BR listings asked between $1,425 and $1,425. That puts Portage Park $113 below the Chicago citywide 1BR median of $1,538. The month's figures are based on 13 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,150 | −$50 (-4.2%) | −$100 (-8.0%) | $1,150 – $1,150 | 1 |
| 1BR | $1,425 | +$225 (+18.8%) | +$325 (+29.5%) | $1,425 – $1,425 | 2 |
| 1BR | $1,250 | +$50 (+4.2%) | +$150 (+13.6%) | $1,250 – $1,250 | 1 |
| 2BR | $1,675 | −$571 (-25.4%) | −$425 (-20.2%) | $1,663 – $1,688 | 2 |
| 2BR | $1,895 | −$351 (-15.6%) | −$205 (-9.8%) | $1,895 – $1,895 | 3 |
| 3BR | $2,495 | +$995 (+66.3%) | −$300 (-10.7%) | $2,495 – $2,495 | 1 |
| 3BR | $2,495 | +$995 (+66.3%) | −$300 (-10.7%) | $2,495 – $2,495 | 1 |
| 4BR | $1,885 | −$1,180 (-38.5%) | +$105 (+5.9%) | $1,885 – $1,885 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Portage Park vs. Chicago — August 2024
| Bedrooms | Portage Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,150 | $1,190 | −$40 (-3.4%) |
| 1BR | $1,425 | $1,538 | −$113 (-7.3%) |
| 1BR | $1,250 | $1,538 | −$288 (-18.7%) |
| 2BR | $1,675 | $1,823 | −$147 (-8.1%) |
| 2BR | $1,895 | $1,823 | +$73 (+4.0%) |
| 3BR | $2,495 | $2,300 | +$195 (+8.5%) |
| 3BR | $2,495 | $2,300 | +$195 (+8.5%) |
| 4BR | $1,885 | $2,995 | −$1,110 (-37.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2024.