Monthly Rent Report
River North Rent Report — September 2024
Asking rents in ZIP 60654, Chicago, from 24 listings.
Median 1BR rent in River North was $2,993 in September 2024, up 6.5% (+$184) from August 2024 and up 0.7% year-over-year. The middle half of 1BR listings asked between $2,317 and $3,079. That puts River North $1,498 above the Chicago citywide 1BR median of $1,495. The month's figures are based on 24 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,414 | +$99 (+4.3%) | +$460 (+23.5%) | $2,414 – $2,414 | 10 |
| Studio | $2,305 | −$10 (-0.4%) | +$351 (+18.0%) | $2,283 – $2,366 | 4 |
| 1BR | $2,993 | +$184 (+6.5%) | +$22 (+0.7%) | $2,317 – $3,079 | 3 |
| 1BR | $2,450 | −$359 (-12.8%) | −$521 (-17.6%) | $2,450 – $2,450 | 1 |
| 2BR | $4,497 | +$897 (+24.9%) | +$747 (+19.9%) | $4,406 – $4,693 | 3 |
| 3BR | $2,395 | −$3,533 (-59.6%) | −$3,105 (-56.5%) | $2,395 – $2,395 | 1 |
| 4BR | $1,535 | −$170 (-10.0%) | — | $1,535 – $1,535 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
River North vs. Chicago — September 2024
| Bedrooms | River North Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,414 | $1,195 | +$1,219 (+102.0%) |
| Studio | $2,305 | $1,195 | +$1,110 (+92.9%) |
| 1BR | $2,993 | $1,495 | +$1,498 (+100.2%) |
| 1BR | $2,450 | $1,495 | +$955 (+63.9%) |
| 2BR | $4,497 | $1,843 | +$2,655 (+144.1%) |
| 3BR | $2,395 | $2,350 | +$45 (+1.9%) |
| 4BR | $1,535 | $2,750 | −$1,215 (-44.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2024.