Monthly Rent Report
River North Rent Report — October 2024
Asking rents in ZIP 60654, Chicago, from 157 listings.
Median 1BR rent in River North was $2,395 in October 2024, down 2.2% (−$55) from September 2024 and down 12.6% year-over-year. The middle half of 1BR listings asked between $2,187 and $2,692. That puts River North $959 above the Chicago citywide 1BR median of $1,437. The month's figures are based on 157 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,948 | −$357 (-15.5%) | −$104 (-5.1%) | $1,784 – $2,104 | 12 |
| Studio | $2,274 | −$31 (-1.3%) | +$223 (+10.8%) | $2,150 – $2,399 | 5 |
| 1BR | $2,395 | −$55 (-2.2%) | −$344 (-12.6%) | $2,187 – $2,692 | 30 |
| 1BR | $3,249 | +$799 (+32.6%) | +$510 (+18.6%) | $2,762 – $3,274 | 5 |
| 2BR | $4,134 | −$363 (-8.1%) | +$649 (+18.6%) | $4,134 – $4,134 | 1 |
| 2BR | $3,540 | −$957 (-21.3%) | +$55 (+1.6%) | $3,200 – $4,500 | 13 |
| 3BR | $5,272 | +$2,877 (+120.1%) | −$173 (-3.2%) | $5,272 – $5,272 | 1 |
| 3BR | $10,665 | +$8,270 (+345.3%) | +$5,220 (+95.9%) | $6,059 – $11,203 | 88 |
| 4BR | $4,900 | +$3,365 (+219.2%) | −$3,600 (-42.4%) | $4,900 – $4,900 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
River North vs. Chicago — October 2024
| Bedrooms | River North Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,948 | $1,298 | +$650 (+50.1%) |
| Studio | $2,274 | $1,298 | +$977 (+75.3%) |
| 1BR | $2,395 | $1,437 | +$959 (+66.7%) |
| 1BR | $3,249 | $1,437 | +$1,812 (+126.2%) |
| 2BR | $4,134 | $1,770 | +$2,365 (+133.6%) |
| 2BR | $3,540 | $1,770 | +$1,771 (+100.1%) |
| 3BR | $5,272 | $2,305 | +$2,967 (+128.7%) |
| 3BR | $10,665 | $2,305 | +$8,360 (+362.7%) |
| 4BR | $4,900 | $2,995 | +$1,905 (+63.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2024.